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The Lakes Apartments

VERIFIED

8740 Arborway Ct Indianapolis, IN

39 Photos
Updated 9 hours ago
$1,103 - $1,315
1 - 2 Bed
1 - 2 Bath

750 - 1,078 Sq. Ft.

Available starting Mar. 18th
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
1 Bed • 1 Bath
$1,103 - $1,203
750 ft2
3 Available
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Unit 0417
$1,103
Available Mar 25th, 2022
View
Unit 0423
$1,203
Available Mar 30th, 2022
View
Unit 0914
$1,108
Available Mar 31st, 2022
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2 Beds • 2 Bath
$1,315
1078 ft2
1 Available
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Unit 1314
$1,315
Available Mar 18th, 2022
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3 Beds • 2 Bath
$1,299 - $1,444
1258 ft2
0 Available
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Unit 1421
$1,324
Rented
View
Unit 0415
$1,319
Rented
View
Unit 1425
$1,319
Rented
View
Unit 0425
$1,374
Rented
View
Unit 1028
$1,324
Rented
View
Unit 1415
$1,299
Rented
View
Unit 1021
$1,359
Rented
View
Unit 0418
$1,319
Rented
View
Unit 0411
$1,404
Rented
View
Unit 1428
$1,384
Rented
View
Unit 1024
$1,339
Rented
View
Unit 1025
$1,439
Rented
View
Unit 0414
$1,339
Rented
View
Unit 0818
$1,299
Rented
View
Unit 0825
$1,369
Rented
View
Unit 1424
$1,349
Rented
View
Unit 1414
$1,444
Rented
View
WAITLKC1
$Ask
Rented
View
Amenities
In-unit Laundry
Air Conditioning
Fitness Center
Refrigerator
Fireplace
Pool
Walk In Closets
Controlled Access
Sports Court
Sundeck
Freezer
Highway Access
24-hour Maintenance
Online Payments
Living Room
Short Term Lease
High-speed Internet
Virtual Walkthrough
Business Center
Online Community Portal
Balcony, Deck, Patio
Picnic Area
Microwave
Bike Repair
Secured Entry
Walkways
Bike Parking
Private Entry
Cable-ready
Pickleball Court
Barbecue
Coffee
Car Care Center
Range / Oven
Landscaping
Bath Tub
Pet Walking Area
Ping-pong Table
Accent Walls
Ceiling Fans
Meal Service
Clubhouse
Carwash
Racquetball Court
Master Bath
Outdoor Kitchen
High / Vaulted Ceiling
Wood-inspired Flooring
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
Off-street Parking
Garage - Detached
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 - 5:00 PM
Tuesday: 9:00 AM - 5:00 PM
Wednesday: 9:00 AM - 5:00 PM
Thursday: 9:00 AM - 5:00 PM
Friday: 9:00 AM - 5:00 PM
Saturday: 10:00 AM - 5:00 PM
Additional Details
Total Unit Count: 232
Last Updated: 9 hours ago
Contact Number: (937) 735-0308
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
ViaSat, Inc. 100.0 3.0
On-Ramp Indiana, Inc. 50.0 10.0
Hughes Network Systems, LLC 25.0 3.0
VSAT Systems, LLC 2.0 1.3
Data from June 2020 provided by the FCC
Emergency Services
Name Type Distance
St Vincent Hospital Hospital 0.64 miles
St Vincent Seton Specialty Hospital, Indianapolis Hospital 0.92 miles
St Vincent Heart Center Of Indiana Llc Hospital 2.93 miles
The Westons Fire Station 2.5 miles
Spring Mill Fire Station 3.02 miles
Village Of West Clay Fire Station 4.36 miles
FAQs
Is this property currently leasing units?
Yes. There are 4 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 on March 18, 2022.
What's the square footage of the available units?
The available units range from 750 to 1,078 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 2 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 2 bedroom unit starting at $1,315.
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 26% more than the average 1 bedroom apartment in Indianapolis.

If you upsized to an average priced Indianapolis 2 bedroom apartment, you would pay 19% more per month.

If you downsized to an average priced Indianapolis studio apartment, you would pay 14% less per month.

The Lakes Apartments provides 5% more square footage than the average Indianapolis 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
The Lakes Apartments
1BR $1,138 $1.50 $3,414
2BR $1,315 $1.20 $3,945
Indianapolis Average
Studio $797 $1.50 $2,390
1BR $904 $1.30 $2,713
2BR $1,114 $1.10 $3,342
3BR $1,351 $0.90 $4,053
4BR $1,353 $0.70 $4,059

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 1,174 2BR units on the market in Indianapolis. If you're looking to negotiate, this may be your best option.

Available Units in Indianapolis
Studio 226
1BR 1,097
2BR 1,174
3BR 389
4BR 67
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.
1 Bedroom
Suggested income:
$41,000
per year
2 Bedroom
Suggested income:
$47,300
per year
Property manager information
NTS Development Company
Location
Nearby Colleges

Butler University

Schools
Data provided by GreatSchools
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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