Alpine Studios Apartments

Verified
This is a CoStar Verified® Listing

Alpine Studios in Indianapolis, IN is verified by CoStar’s® proprietary screening and fraud detection process, so you can shop and rent with confidence on ApartmentHomeLiving.com. Always protect yourself when shopping online.

(463) 444-7949
Check Availability
5818 Flight School Dr, Indianapolis, IN 46221

Photos

Contact

Alpine Studios

5818 Flight School Dr
Indianapolis, IN 46221
(463) 444-7949
Alpine Studios in Indianapolis, IN - Building Photo
  • Studio–2 Bedrooms
  • $999-$1,399 Pricing
  • 467–936 Square Feet

Rent Specials

Move into select units today and enjoy a gift card up to $500

About Alpine Studios

Alpine Studios is located in the Valley Mills Neighborhood and 46221 Zip code of Indianapolis, IN. This community is professionally managed by Birge & Held Asset Management

Property Contact Info

Floorplan Pricing and Availability

Alpine Studios offers Studio to 2 Bedroom apartments starting from $999 and having 467–936 sq ft. Here is the current pricing and availability:

  • Studio

    Nordic

    $999

    Studio, 1 Bath, 467 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $999Available Now445467

    Unit 445 Amenities and Features

    Unique Features

    • Special

    Unit 445 Rent and Fees

    Unit Price

    • $999

    Model Rent and Fees

    Price

    • $999

    Oslo

    $1,025

    Studio, 1 Bath, 527 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,025Available Now342527

    Unit 342 Amenities and Features

    Unique Features

    • Special

    Unit 342 Rent and Fees

    Unit Price

    • $1,025

    Model Rent and Fees

    Price

    • $1,025
  • 1 Bedroom

    Aspen

    From $1,099

    1 Bed, 1 Bath, 670 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,099Available Now402670
    $1,208Available Now201670
    $1,099Available Now301670

    Model Amenities and Features

    Features

    • Air Conditioning
    • Ceiling Fans
    • Heating
    • Storage Space
    • Tub/Shower
    • Washer/Dryer
    • Windows

    Kitchen

    • Dishwasher
    • Freezer
    • Granite Countertops
    • Island Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Model Rent and Fees

    Model Price Range

    • $1,099 - $1,208

    Unit 402 Amenities and Features

    Unique Features

    • Special

    Unit 402 Rent and Fees

    Unit Price

    • $1,099

    Model Rent and Fees

    Model Price Range

    • $1,099 - $1,208

    Unit 201 Rent and Fees

    Unit Price

    • $1,208

    Model Rent and Fees

    Model Price Range

    • $1,099 - $1,208

    Unit 301 Amenities and Features

    Unique Features

    • Special

    Unit 301 Rent and Fees

    Unit Price

    • $1,099

    Model Rent and Fees

    Model Price Range

    • $1,099 - $1,208

    Alpine

    From $1,120

    1 Bed, 1 Bath, 708 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,135Available Now235708
    $1,135Available Now334708
    $1,120Available Now232708

    Model Amenities and Features

    Features

    • Air Conditioning
    • Ceiling Fans
    • Heating
    • Storage Space
    • Tub/Shower
    • Washer/Dryer
    • Windows

    Kitchen

    • Dishwasher
    • Freezer
    • Granite Countertops
    • Island Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Model Rent and Fees

    Model Price Range

    • $1,120 - $1,229

    Current Available Pricing

    • $1,120 - $1,135

    Unit 235 Amenities and Features

    Unique Features

    • Special

    Unit 235 Rent and Fees

    Unit Price

    • $1,135

    Model Rent and Fees

    Model Price Range

    • $1,120 - $1,229

    Unit 334 Amenities and Features

    Unique Features

    • Special

    Unit 334 Rent and Fees

    Unit Price

    • $1,135

    Model Rent and Fees

    Model Price Range

    • $1,120 - $1,229

    Unit 232 Amenities and Features

    Unique Features

    • Special

    Unit 232 Rent and Fees

    Unit Price

    • $1,120

    Model Rent and Fees

    Model Price Range

    • $1,120 - $1,229
  • 2 Bedrooms

    Edinburgh

    From $1,299

    2 Beds, 2 Baths, 936 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,299Available Now213936
    $1,399Available Now102936
    $1,399Available Now101936

    Model Amenities and Features

    Features

    • Air Conditioning
    • Ceiling Fans
    • Heating
    • Storage Space
    • Tub/Shower
    • Washer/Dryer
    • Windows

    Kitchen

    • Dishwasher
    • Freezer
    • Granite Countertops
    • Island Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Model Rent and Fees

    Model Price Range

    • $1,299 - $1,399

    Unit 213 Amenities and Features

    Unique Features

    • Special

    Unit 213 Rent and Fees

    Unit Price

    • $1,299

    Model Rent and Fees

    Model Price Range

    • $1,299 - $1,399

    Unit 102 Amenities and Features

    Unique Features

    • Special

    Unit 102 Rent and Fees

    Unit Price

    • $1,399

    Model Rent and Fees

    Model Price Range

    • $1,299 - $1,399

    Unit 101 Amenities and Features

    Unique Features

    • Special

    Unit 101 Rent and Fees

    Unit Price

    • $1,399

    Model Rent and Fees

    Model Price Range

    • $1,299 - $1,399
Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

Schedule a Tour
Call us at: (463) 444-7949 to schedule a tour.

Property Information

  • 114 Units
  • 3 Stories
  • Built in 2021

Lease Terms

  • 3 - 15 mo
  • Short Term Lease Options

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified.

Required Fees

One-Time Basics

Due at Application
Application Fee Per ApplicantiCharged per applicant.$50.00
Due at Move-In
Administrative FeeiCharged per unit.$200.00

Other Fees and Policies

Pet Fees

Cat
One-Time Pet FeeiMax of 2. Charged Per Pet.$250.00
Monthly Pet FeeiMax of 2. Charged Per Pet.$50.00/mo
Restrictions:

We welcome up to 2 pets per apartment home. There is a one-time, non-refundable pet fee and monthly pet rent. Breed restrictions apply. Please call us for more details about our pet policy.

Comments:

Max of 2.

Dog
One-Time Pet FeeiMax of 2. Charged Per Pet.$250.00
Monthly Pet FeeiMax of 2. Charged Per Pet.$50.00/mo
Restrictions:

We welcome up to 2 pets per apartment home. There is a one-time, non-refundable pet fee and monthly pet rent. Breed restrictions apply. Please call us for more details about our pet policy.

Comments:

Max of 2.

Parking Fees

Surface Lot
Parking DepositiCharged per vehicle.$0.00
Comments:

Please contact us for more information about our parking policy.

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

Features and Amenities

On-Site Services

  • Maintenance On Site
  • Planned Social Activities
  • Trash Pickup Door To Door
  • Online Services
  • Pet Play Area
  • 24 Hour Access

Community Features

  • Lounge

Outdoor Features

  • Grill

Recreation and Fitness

  • Fitness Center

Interior Features

  • Windows
  • Storage Space
  • Ceiling Fans
  • Tub/Shower
  • Heating
  • Washer/Dryer
  • Air Conditioning

Kitchen Amenities

  • Dishwasher
  • Microwave
  • Oven
  • Island Kitchen
  • Range
  • Refrigerator
  • Freezer
  • Stainless Steel Appliances
  • Granite Countertops

Living Area Features

  • Walk In Closets
  • Vinyl Flooring
  • Carpet
Google Map

Map

5818 Flight School Dr, Indianapolis, IN 46221

Hours and Contact Info

Call Us - Open Now!
Currently Closed
By Appointment
Monday9:00 am–6:00 pm
Tuesday9:00 am–6:00 pm
Wednesday9:00 am–6:00 pm
Thursday9:00 am–6:00 pm
Friday9:00 am–6:00 pm
SaturdayClosed
SundayClosed

Frequently Asked Questions about Alpine Studios

Where is Alpine Studios located?

Alpine Studios is located at 5818 Flight School Dr near the Valley Mills area of Indianapolis, IN

What is the current rent range at Alpine Studios?

Studio to 2 Bedroom Apartments at Alpine Studios currently range from $999 to $1,399

When is the leasing office open?

  • The office Hours for Alpine Studios are
  • 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 Closed
  • Sunday Closed

Are pets allowed?

Call us today to find out our pet policy and if we allow pets

Are there any rent specials?

The current rent special at Alpine Studios is: Move into select units today and enjoy a gift card up to $500.

Lifestyle Ratings

  • Affordability Nice Value3.4

    The Alpine Studios Apartments are 0.43% more expensive than the average apartment in the Valley Mills area, and 19.4% cheaper than the average apartment city-wide.

    Rent Comparison to the Valley Mills Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    Studio$999$1,012-$13-1.3%
    1 Bedroom$1,099$1,092+$70.6%
    2 Bedroom$1,299$1,273+$262.0%

    Rent Comparison to the city of Indianapolis

    FloorplanLowest Price HereCity Average RentCost Difference%
    Studio$999$1,198-$199-16.6%
    1 Bedroom$1,099$1,384-$285-20.6%
    2 Bedroom$1,299$1,645-$346-21.0%

    Methodology: On 04/29/2026, ApartmentHomeLiving.com compared current rents by floorplan to 30 other apartment communities in the immediate area around Alpine Studios (Valley Mills), and 2630 other apartment communities in Indianapolis using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

    Rent Pricing Data as of 04/29/2026

Learn more about Lifestyle Search

Renters Reviews and Ratings

4.4
7 Renters Reviews
  • Poor Management/ Lack of Professionalism

    March 29, 2025
    These apartments are nicely built not too old, and up to date on appliances etc. Amenities are nice, valet trash services, open gym and secure mail room for packages however, the leasing office is never open, leasing agent does not know a thing about professionalism. If you want maintenance to walk into your apartment without any notice or by “mistake” like they help you pay rent then this is the place for you. It’s no way these nice apartments should be having a poor unprofessional team behind ...
    it. Ring cameras on your door is highly suggested before leasing.
    Read More
    Review from Apartments.com
  • Current Resident

    October 21, 2022
    I absolutely love living here. This property is a true gem here in Indianapolis. Thank you to the staff for working so hard to making sure the residents are comfortable and well taken care of. The safety, location, amenities, and quality of the apartments are unbeatable! I am truly cherishing my time here! Thank you team!
    • Property Manager Responded

      October 24, 2022
      Thank you for the positive feedback! We are happy to hear that your experience has been enjoyable at Alpine Studios. We care for our residents and community as well as strive to provide excellent customer service. Please do not hesitate to contact our office should you need anything in the future!
    Review from Apartments.com
  • Excellent New Spot - Tenant Since Summer 2021

    September 3, 2022
    This spot is brand new and I'm glad I discovered it. I'm the first tenant in my particular unit and have only been an Alpine Studios resident since June 2021. When the first year of my lease ended, I had zero hesitation in signing another agreement because I love the place. The location is literally right outside of the 465 loop with downtown nearby, offering modern, stylish living spaces and operated by genuinely friendly, thoughtful people. Contemporary but nothing too flashy — every guest ...
    that's visited has had nothing but compliments. As of this review, looking up the location on Google Maps produces an image of an empty lot, just to speak to how new these apartments are to the area.
    • Property Manager Responded

      September 7, 2022
      Thank you so much for the positive feedback! We are happy to hear about your experience. We strive to provide excellent customer service and care about our residents and the community. If you should ever need anything in the future, please do not hesitate to contact us. Thank you!
    Read More
    Review from Apartments.com
  • Low Stress Move In

    July 27, 2022
    I just moved into Alpine Studios about a week ago and since applying, I can't say enough good things about the staff and maintenance! Through my endless calls and questions, the staff is always more than happy and able to help. Since I've moved in, maintenance has addressed any/all concerns with shocking speed. I really look forward to the rest of my experience living here!
    Review from Apartments.com
  • I love it here!

    March 7, 2022
    Currently have lived here since they opened. The apartments are beautiful and the area is quiet. The leasing office and maintenance is amazing! I love living at Alpine Studios in my beautiful apartment!
    Review from Apartments.com
  • Everything about these apartments is amazing

    December 25, 2021
    Beautiful, new, clean apartments. Super friendly staff. Maintenance is quick and efficient. I had a late night emergency, and he came right away. Great area with many stores and restaurants around as well as downtown being very close by. No complaints
    Review from Apartments.com
  • Apartment search

    April 8, 2021
    Very beautiful apartment ,very friendly staff ,knowledgeable of every aspect,
    Review from Apartments.com

Points of Interest

Time and distance from Alpine Studios.

Arts Museums and Landmarks

Indianapolis Motor Speedway

4790 West 16th Street
13 minute drive / 6.16 miles away

Congressional Medal of Honor Memorial

1200 W. Washington St.
13 minute drive / 6.19 miles away

NCAA Hall of Champions

700 W. Washington St.
14 minute drive / 6.69 miles away

Big Box and Retail

Kroger

3361 Kentucky Ave
5 minute drive / 1.7 miles away

Staples

230 S Perry Rd
11 minute drive / 5.25 miles away

Lowe's

975 Beachway Dr
11 minute drive / 5.34 miles away

Colleges and Universities

University of Indianapolis

1400 E Hanna Ave
14 minute drive / 6.69 miles away

Indiana University-Indianapolis

425 University Blvd
14 minute drive / 6.76 miles away

Indiana University School of Medicine

340 W 10th St
16 minute drive / 7.87 miles away

Groceries

Kroger

3361 Kentucky Ave
5 minute drive / 1.7 miles away

Meijer

10841 E US 36 Hwy
12 minute drive / 5.62 miles away

Aldi

2382 E Main St
12 minute drive / 5.81 miles away

Hospitals

Assurance Health Psychiatric Hospital

900 North High School Road
11 minute drive / 5.43 miles away

Richard L. Roudebush Va Medical Center

1481 W 10th St
14 minute drive / 6.63 miles away

Riley Hospital For Children

705 Riley Hospital Dr
14 minute drive / 6.84 miles away

Parks and Recreation

White River State Park

White River State Park
13 minute drive / 6.46 miles away

Garfirled Conservatory

2505 Conservatory Drive
14 minute drive / 6.59 miles away

Benjamin Harrison House

1230 North Delaware Street
17 minute drive / 8.06 miles away

Alpine Studios has 4 parks within 9.4 miles, including White River State Park, Garfirled Conservatory, Benjamin Harrison House, and SpaceQuest Planetarium.

Restaurants and Dining

Gabriel's Cafe

320 North Meridian St
15 minute drive / 7.35 miles away

Iaria's Italian Restaurant

317 South College Avenue
15 minute drive / 7.43 miles away

Elements

415 North Alabama Street
16 minute drive / 7.62 miles away

Shopping Centers

Marsh Hometown Market

3633 Kentucky Ave
3 minute drive / 1.33 miles away

Marwood Crossing

3473 Kentucky Ave
4 minute drive / 1.56 miles away

Marwood Plaza

3327-3451 Kentucky Ave
4 minute drive / 1.66 miles away

Alpine Studios has 5 shopping centers within 2.6 miles.

Nearby Neighborhoods

Studio to 4 Bedroom Apartments from $778
View Rentals
Studio to 4 Bedroom Apartments from $778
View Rentals
Studio to 4 Bedroom Apartments from $778
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Indianapolis Studio Apartments $1,198$200$5,116
Indianapolis 1 Bedroom Apartments $1,384$544$4,071
Indianapolis 2 Bedroom Apartments $1,645$545$6,669
Indianapolis 3 Bedroom Apartments $2,033$626$8,289
Indianapolis 4 Bedroom Apartments $1,970$600$10,000+
Indianapolis 5 Bedroom Apartments $11,749$6,959$10,000+

Browse Top Apartments in Indianapolis

Viewing: Alpine Studios | Desktop Version | Listing Updated: 04/28/2026 | AHLSLV