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Updated 2 hours ago

The Lakes Apartments


8740 Arborway Ct Indianapolis, IN

1 - 3 Bed
•
1 - 2 Bath

750 - 1,258 Sq. Ft.

Available Now
Floor plans
1 Bed • 1 Bath
$1,365 - $1,385
750 ft2
3 Available
Managed By: NTS Development Company
WAITLKA2
$1,365+
Available Now
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Unit 0822
$1,365+
Available Aug 25th, 2026
View
Unit 1416
$1,365+
Available Sep 11th, 2026
View
View Rented Units
1 Bed • 1 Bath
$1,455 - $1,485
875 ft2
3 Available
Managed By: NTS Development Company
WAITLKA3
$1,455+
Available Now
View
Unit 0726
$1,455+
Available Aug 4th, 2026
View
Unit 0323
$1,455+
Available Aug 21st, 2026
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View Rented Units
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2 Beds • 2 Bath
$Ask
1078 ft2
1 Available
Managed By: NTS Development Company
WAITLKB2
$Ask
Available Now
View
View Rented Units
2 Beds • 1 Bath
$1,520 - $1,540
930 ft2
3 Available
Managed By: NTS Development Company
WAITLKB1
$1,520+
Available Now
View
Unit 0513
$1,520+
Available Now
View
Unit 0522
$1,520+
Available Aug 18th, 2026
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View Rented Units
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3 Beds • 2 Bath
$1,775 - $1,795
1258 ft2
6 Available
Managed By: NTS Development Company
WAITLKC1
$1,775+
Available Now
View
Unit 0421
$1,775+
Available Now
View
Unit 0414
$1,775+
Available Jul 16th, 2026
View
Unit 0814
$1,775+
Available Aug 14th, 2026
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Unit 0418
$1,775+
Available Aug 21st, 2026
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Unit 1425
$1,775+
Available Sep 18th, 2026
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Where you'll live
Street View
Map View
Satellite View
The Lakes Apartments
The Lakes Apartments
The Lakes Apartments
Location ratings
Walk Score®
73
Very Walkable
Transit Score®
34
Some Transit
Bike Score®
54
Bikeable
Amenities
In-unit Laundry
Air Conditioning
Fitness Center
Refrigerator
Fireplace
Pool
Walk In Closets
Controlled Access
Walkways
Racquetball Court
Car Care Center
Picnic Area
Sundeck
Accent Walls
Private Entry
Short Term Lease
Outdoor Kitchen
Landscaping
Black Appliances
Bike Repair
Highway Access
Meal Service
Pickleball Court
Virtual Walkthrough
Wood-inspired Flooring
Pet Walking Area
Secured Entry
Balcony, Deck, Patio
Living Room
Master Bath
Range / Oven
Microwave
Freezer
Ceiling Fans
Cable-ready
High-speed Internet
High / Vaulted Ceiling
Bath Tub
Online Community Portal
24-hour Maintenance
Clubhouse
Barbecue
Business Center
Sports Court
Ping-pong Table
Bike Parking
Online Payments
Carwash
Coffee Bar
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Friendly Community
Pet Park
Cat:

| Restrictions: None One time

Breed Restrictions:

No restrictions

Dog:

| Restrictions: None One time

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, 7, 8, 9, 10, 11, 12, 13, 14, 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!

Additional Details
Total Unit Count: 232
Last Updated: Updated 2 hours ago
Contact Number: (463) 244-4319
Property manager information
NTS Development Company
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
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
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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:
$50,800
per year
2 Bedroom
Suggested income:
$54,700
per year
3 Bedroom
Suggested income:
$63,900
per year
Rent report

The Lakes Apartments Rent vs. Indianapolis Average

 The Lakes Apartments      Indianapolis Average
1BR
$1,410
$1,090
$0
$500
$1,000
$1,500
$2,000
2BR
$1,520
$1,294
$0
$500
$1,000
$1,500
$2,000
3BR
$1,775
$1,660
$0
$600
$1,200
$1,800
$2,400

The Lakes Apartments is asking 17% more than the average 2 bedroom apartment in Indianapolis.

If you upsized to an average priced Indianapolis 3 bedroom apartment, you would pay 22% more per month.

If you downsized to an average priced Indianapolis 1 bedroom apartment, you would pay 19% less per month.

The Lakes Apartments provides 7% less square footage than the average Indianapolis 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
The Lakes Apartments
1BR $1,410 $1.70 $4,230
2BR $1,520 $1.60 $4,560
3BR $1,775 $1.40 $5,325
Indianapolis Average
Studio $964 $2.00 $2,892
1BR $1,090 $1.60 $3,269
2BR $1,294 $1.30 $3,883
3BR $1,660 $1.20 $4,979
4BR $1,850 $1.00 $5,549

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 1,292 2BR units on the market in Indianapolis. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
5% 37% 43% 13% 2%
Available Units in Indianapolis
Studio 164
1BR 1,133
2BR 1,292
3BR 380
4BR 57
Location
Nearby Colleges

Purdue University Global

Butler University

Ivy Tech Community College-Central Indiana

Indiana University - Purdue University Indianapolis

Nearby Hospitals
Name Distance
St Vincent Hospital 0.64 mi.
St Vincent Seton Specialty Hospital, Indianapolis 0.92 mi.
St Vincent Heart Center Of Indiana Llc 2.93 mi.
Nearby Fire Stations
Name Distance
Naval Air Station Meridian 3.59 mi.
Vimville Volunteer Fire Department 3.59 mi.
South Volunteer Fire Department 3.59 mi.
FAQs
Is this property currently leasing units?
Yes. There are 16 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 14 units available for move-in over the next 2 months. 7 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 750 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 1, 2 and 3 bedroom units available.
How many bathrooms are in the available units?
There are 1 and 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,365 to $1,795. The Lakes Apartments has 1 bedroom units available starting at $1,365, 2 bedroom units available starting at $1,520, and 3 bedroom units available starting at $1,775.
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.
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