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The Lakes Apartments

VERIFIED

8740 Arborway Ct Indianapolis, IN

39 Photos
Updated 7 hours ago
$1,099 - $1,384
2 - 3 Bed
1 - 2 Bath

930 - 1,258 Sq. Ft.

Available Now
Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
73
Very Walkable
Transit Score®
34
Some Transit
Bike Score®
54
Bikeable
Floor plans
Beds Rent Sq. Ft. Date Available
1 $1,006 875.00 ft2 Unavailable
1 $1,031 875.00 ft2 Unavailable
1 $983 750.00 ft2 Unavailable
1 $963 750.00 ft2 Unavailable
1 $963 750.00 ft2 Unavailable
1 $963 750.00 ft2 Unavailable
1 $1,043 750.00 ft2 Unavailable
1 $1,041 875.00 ft2 Unavailable
1 $966 875.00 ft2 Unavailable
1 $958 750.00 ft2 Unavailable
View More
Beds Rent Sq. Ft. Date Available
2 $1,099 930.00 ft2 Sep 15th, 2021
View More
Beds Rent Sq. Ft. Date Available
3 $1,384 1258.00 ft2 Now
View More
Amenities
In-unit Laundry
Air Conditioning
Fitness Center
Refrigerator
Fireplace
Pool
Walk In Closets
Controlled Access
Private Entry
Bike Repair
Virtual Walkthrough
Microwave
High-speed Internet
24-hour Maintenance
Sports Court
Carwash
Car Care Center
Accent Walls
Landscaping
Pickleball Court
Walkways
Range / Oven
Cable-ready
Secured Entry
Business Center
Online Payments
Racquetball Court
Outdoor Kitchen
Meal Service
Pet Walking Area
Balcony, Deck, Patio
Master Bath
Ceiling Fans
Bath Tub
Barbecue
Bike Parking
Online Community Portal
Sundeck
Short Term Lease
Highway Access
Wood-inspired Flooring
Living Room
Freezer
High / Vaulted Ceiling
Clubhouse
Ping-pong Table
Coffee
Picnic Area
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Park
Pet Friendly Community
Pet Fee: $300 - 450
Pet Rent: $25 per pet
Pet Deposit: 0.00
Parking
Covered Parking
Surface Parking
Garage - Detached
Off-street Parking
More Info: Garage: $80 Carport: $50 - 55
Lease & Fees
Security Deposit: $200
Application Fee: $70 per applicant
Lease Length: 6, 10, 12, 15
Property details
Description

The Lakes is located within a secluded environment that offers an assortment of distinctive apartment homes within an unblemished setting. Our community features award-winning landscaping, a glistening pool deck with outdoor gourmet kitchen, 24-hour express cardio fitness center, and a residential business center which includes a cyber cafe. Each apartment home offers a spacious floorplan with immense closet space, social designed kitchens with Whirlpool appliance packages, trendy accent walls, cozy wood-burning fireplaces, and tranquil lake views. What are you waiting for, stop by The Lakes today to reserve your future apartment home!

Office Hours
Monday: 9:00 AM - 6:00 PM
Tuesday: 9:00 AM - 6:00 PM
Wednesday: 9:00 AM - 6:00 PM
Thursday: 9:00 AM - 6:00 PM
Friday: 9:00 AM - 6:00 PM
Saturday: 10:00 AM - 5:00 PM
Additional Details
Total Unit Count: 232
Last Updated: 7 hours ago
Contact Number: (463) 223-2570
FAQs
Is this property currently leasing units?
Yes. There are 2 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in now.
What's the square footage of the available units?
The available units range from 930 to 1,258 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 3 bedroom units available.
How many bathrooms are in the available units?
There are 2 bathroom units available.
What's the monthly rent at this property?
The Lakes Apartments has a 3 bedroom unit starting at $1,384.
Where is this property located?
This property is at 8740 Arborway Ct in Indianapolis, IN. It's 10.4 miles north from the center of Indianapolis.
Rent report

The Lakes Apartments Rent vs. Indianapolis Average

The Lakes Apartments is asking 1% less than the average 3 bedroom apartment in Indianapolis.

If you upsized to an average priced Indianapolis 4 bedroom apartment, you would pay 12% more per month.

If you downsized to an average priced Indianapolis 2 bedroom apartment, you would pay 8% less per month.

The Lakes Apartments provides 10% less square footage than the average Indianapolis 3 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
The Lakes Apartments
2BR $1,099 $1.20 $3,297
3BR $1,384 $1.10 $4,152
Indianapolis Average
Studio $941 $1.70 $2,822
1BR $1,106 $1.50 $3,319
2BR $1,294 $1.20 $3,881
3BR $1,392 $1.00 $4,177
4BR $1,575 $0.80 $4,726

Availability in Indianapolis

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 1,202 2BR units on the market in Indianapolis. If you're looking to negotiate, this may be your best option.

Available Units in Indianapolis
Studio 217
1BR 1,123
2BR 1,202
3BR 398
4BR 66
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for The Lakes Apartments by bedroom type below.
2 Bedroom
Suggested income:
$39,600
per year
3 Bedroom
Suggested income:
$49,800
per year
Property manager information
NTS Development Company
Location
Nearby Colleges

Butler University

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