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Alpine Studios Apartments

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

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Alpine Studios

5818 Flight School Dr
Indianapolis, IN 46221
(463) 444-7949
Alpine Studios in Indianapolis, IN - Building Photo
  • Studio–2 Bedrooms
  • $892-$1,478 Pricing
  • 433–992 Square Feet

About Alpine Studios

Welcome home to Alpine Studios, a brand-new community offering thoughtfully designed living in a prime Indianapolis location. Conveniently built with your comfort in mind, our apartments provide a level of sophistication and ease rarely found at this price point. From the moment you step inside, you’ll appreciate the attention to detail, including modern interiors, stainless-steel appliances, high-speed internet readiness, washer and dryer included, pet friendly, and vaulted ceilings that open up your space, creating an airy, inviting atmosphere perfect for both relaxation and entertaining friends. Whether you’re hunting for a studio, one-bedroom, or two-bedroom home, we’ve got a range of floorplans tailored for different lifestyles for you to choose from. We offer cozy loft-style studios, spacious one bedrooms, and generous two-bedroom layouts all built for both everyday living and entertaining. Each floorplan is crafted to feel open, bright, and welcoming, helping you feel at ease the moment you walk through the door. But comfortable living isn’t just about your walls and floors; it’s also about the lifestyle and the community as a whole. At Alpine Studios, we offer a variety of amenities designed to enrich your daily routine. Enjoy the convenience of an on-site fitness center, package receiving, and online resident services that make life a little easier. These community features are paired with attentive on-site maintenance and professional management that put your needs first. You’ll live in a place where things work, and where you’re truly cared for. Our location is just as convenient. You’re close to the activities and conveniences you love in Indianapolis, including shopping, dining, parks, and transportation all within reach. You get the perfect balance of a comfortable community feel combined with the energy of city life, making it an ideal place to call home.

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

Office Hours

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

Floorplan Pricing and Availability

Alpine Studios offers Studio to 2 Bedroom apartments starting from $892 and having 433–992 sq ft. Here is the current pricing and availability:

Cost CalculatorEstimate your monthly and one-time fees
  • Studio

    Oslo

    From $975

    Studio, 1 Bath, 527 sq ft
    Available Now
    Largest StudioThis is the largest Studio at this Property

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,084Available Now256527
    $975 November 11, 2026246527

    Model Amenities and Features

    Unique Features

    • Full Size Washer/Dryer in unit

    Model Rent and Fees

    Model Price Range

    • $975 - $1,084

    Unit 256 Amenities and Features

    Unique Features

    • Full Size Washer/Dryer in unit

    Unit 256 Rent and Fees

    Unit Price

    • $1,084
    • View Details and Rent Estimate

    Model Rent and Fees

    Model Price Range

    • $975 - $1,084

    Unit 246 Amenities and Features

    Unique Features

    • Full Size Washer/Dryer in unit
    • Special 1.1

    Unit 246 Rent and Fees

    Unit Price

    • $975
    • View Details and Rent Estimate

    Model Rent and Fees

    Model Price Range

    • $975 - $1,084

    Zermatt

    $892

    Studio, 1 Bath, 433 sq ft
    Available Oct 1
    Cheapest StudioThis is the cheapest Studio at this Property

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $892 October 1, 2026143433
    $892 October 13, 2026355433

    Model Amenities and Features

    Unique Features

    • Full Size Washer/Dryer in unit

    Model Rent and Fees

    Model Price

    • $892

    Unit 143 Amenities and Features

    Unique Features

    • Full Size Washer/Dryer in unit

    Unit 143 Rent and Fees

    Unit Price

    • $892
    • View Details and Rent Estimate

    Model Rent and Fees

    Price

    • $892

    Unit 355 Amenities and Features

    Unique Features

    • Full Size Washer/Dryer in unit

    Unit 355 Rent and Fees

    Unit Price

    • $892
    • View Details and Rent Estimate

    Model Rent and Fees

    Price

    • $892

    Andorra

    $1,063

    Studio, 1 Bath, 476 sq ft
    Available Nov 11

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,063 November 11, 2026111476

    Unit 111 Amenities and Features

    Unique Features

    • Full Size Washer/Dryer in unit

    Unit 111 Rent and Fees

    Unit Price

    • $1,063
    • View Details and Rent Estimate

    Model Rent and Fees

    Price

    • $1,063
  • 1 Bedroom

    Alpine

    $1,229

    1 Bed, 1 Bath, 708 sq ft
    Available Oct 14

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,229 October 14, 2026335708

    Unit 335 Amenities and Features

    Unique Features

    • Full Size Washer/Dryer in unit

    Unit 335 Rent and Fees

    Unit Price

    • $1,229
    • View Details and Rent Estimate

    Model Rent and Fees

    Price

    • $1,229

    Cervinia

    $1,249

    1 Bed, 1 Bath, 733 sq ft
    Available Dec 4

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,249 December 4, 2026243733

    Unit 243 Amenities and Features

    Unique Features

    • Full Size Washer/Dryer in unit

    Unit 243 Rent and Fees

    Unit Price

    • $1,249
    • View Details and Rent Estimate

    Model Rent and Fees

    Price

    • $1,249
  • 2 Bedrooms

    Vancouver

    $1,426

    2 Beds, 1 Bath, 992 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,426Available Now323992
    $1,426 September 25, 2026122992
    $1,426 December 4, 2026333992

    Model Amenities and Features

    Unique Features

    • Full Size Washer/Dryer in unit

    Model Rent and Fees

    Model Price

    • $1,426

    Unit 323 Amenities and Features

    Unique Features

    • Full Size Washer/Dryer in unit

    Unit 323 Rent and Fees

    Unit Price

    • $1,426
    • View Details and Rent Estimate

    Model Rent and Fees

    Price

    • $1,426

    Unit 122 Amenities and Features

    Unique Features

    • Full Size Washer/Dryer in unit

    Unit 122 Rent and Fees

    Unit Price

    • $1,426
    • View Details and Rent Estimate

    Model Rent and Fees

    Price

    • $1,426

    Unit 333 Amenities and Features

    Unique Features

    • Full Size Washer/Dryer in unit

    Unit 333 Rent and Fees

    Unit Price

    • $1,426
    • View Details and Rent Estimate

    Model Rent and Fees

    Price

    • $1,426

    Edinburgh

    $1,478

    2 Beds, 2 Baths, 936 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,478Available Now313936

    Unit 313 Amenities and Features

    Unique Features

    • Full Size Washer/Dryer in unit

    Unit 313 Rent and Fees

    Unit Price

    • $1,478
    • View Details and Rent Estimate

    Model Rent and Fees

    Price

    • $1,478
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

Request Tour
Call us at: (463) 444-7949 to request 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. Use the Cost Calculator to determine costs based on your needs.

Ask About Our Fees

Required Fees

One-Time Basics

Due at Application
Administrative FeeiOnline Administrative Fee Charged Per Unit.$200.00
Application FeeiOnline Application Fee Charged Per Applicant.$50.00

Other Fees and Policies

Situational Fees

Conditional Approval Deposit (Refundable)iConditional Approval Deposit (Refundable) Charged Per Unit.100.0% of base rent
Conditional Approval Waived Deposit Fee (Non-Refundable)iConditional Approval Waived Deposit Fee (Non-Refundable) Charged Per Unit.$500.00
Full Approval Deposit (Refundable)iFull Approval Deposit (Refundable) Charged Per Unit.$500.00
Full Approval Waived Deposit Fee (Non-Refundable)iFull Approval Waived Deposit Fee (Non-Refundable) Charged Per Unit.$250.00

Pet Fees

Cat
Pet Fees Or ChargesiPet Fee -Cat Charged Per Pet.$250.00
Pet RentiMonthly Pet Rent - Cat Charged Per Pet.$30.00/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.

Dog
Pet Fees Or ChargesiPet Fee - Dog Charged Per Pet.$250.00
Pet RentiMonthly Pet Rent - Dog Charged Per Pet.$30.00/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.

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

Unique Amenities

  • Full Size Washer/Dryer in unit

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
  • Heating
  • Ceiling Fans
  • High Speed Internet Access
  • Tub/Shower
  • Washer/Dryer
  • Air Conditioning

Kitchen Amenities

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

Living Area Features

  • Walk In Closets
  • Vaulted Ceiling
  • Vinyl Flooring
  • Carpet
Google Map

Map

5818 Flight School Dr, Indianapolis, IN 46221

Getting Around

  • 30 / 100 Somewhat walkable

    Few day-to-day needs are within walking distance

  • 30 / 100 Somewhat Bikeable

    Not very suitable for bicycle commuting and/or recreation

  • 100 / 100 Exceptionally car friendly

    Excellent access to freeways and/or major arteries, with almost no chance of parking problems

Scores provided by Local Logic details

Getting to Know the Area

  • 50 / 100 Restaurants

    Some restaurants within a few minutes

  • 20 / 100 Cafes

    Some cafés within walking distance

  • 20 / 100 Nightlife

    Some bars within walking distance

  • 30 / 100 Shopping

    Some shops within walking distance

  • 40 / 100 Parks

    Moderate amount of park space nearby

  • 0 / 100 Noise Level

    Many sources of noise nearby

Scores provided by Local Logic

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 $892 to $1,478

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

Lifestyle Ratings

  • Affordability Good Value3.6

    The Alpine Studios Apartments are 3.6% more expensive than the average apartment in the Valley Mills area, and 17.27% cheaper than the average apartment city-wide.

    Rent Comparison to the Valley Mills Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    Studio$892$981-$89-9.1%
    1 Bedroom$1,229$1,086+$14313.2%
    2 Bedroom$1,426$1,336+$906.7%

    Rent Comparison to the city of Indianapolis

    FloorplanLowest Price HereCity Average RentCost Difference%
    Studio$892$1,220-$328-26.9%
    1 Bedroom$1,229$1,384-$155-11.2%
    2 Bedroom$1,426$1,653-$227-13.7%

    Methodology: On 09/12/2026, ApartmentHomeLiving.com compared current rents by floorplan to 20 other apartment communities in the immediate area around Alpine Studios (Valley Mills), and 2731 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 09/12/2026

Learn more about Lifestyle SearchExplore Lifestyle Search in Indianapolis

Renters Reviews and Ratings

4.4
7 Renters Reviews

Poor Management/ Lack of Professionalism

March 29, 2025 - Review from Apartments.com
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

Current Resident

October 21, 2022 - Review from Apartments.com
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!

Excellent New Spot - Tenant Since Summer 2021

September 3, 2022 - Review from Apartments.com
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.
Read More

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!

Low Stress Move In

July 27, 2022 - Review from Apartments.com
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!

I love it here!

March 7, 2022 - Review from Apartments.com
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!

Everything about these apartments is amazing

December 25, 2021 - Review from Apartments.com
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

Apartment search

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

Nearby Schools

Valley Mills Elementary School

M S D Decatur Township
5101 South High School Road
Public School - Grades K-5 (554 Students)
In Attendance Zone2 minute drive / 0.7 miles away
6/10

Decatur Middle School

M S D Decatur Township
5108 South High School Road
Public School - Grades 6-8 (1000 Students)
In Attendance Zone3 minute drive / 1.1 miles away
3/10

Decatur Central High School

M S D Decatur Township
5251 Kentucky Avenue
Public School - Grades 9-12 (1974 Students)
In Attendance Zone3 minute drive / 1.1 miles away
2/10
School data provided by GreatSchools.
details
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 scale of 1 (below average) and 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 needs as part of the school selection process.

About GreatSchools Data on ApartmentHomeLiving.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

Valley Mills

Studio to 5 Bedroom Apartments from $778
View Rentals

Old Mill Park

Studio to 5 Bedroom Apartments from $778
View Rentals

Airport District

Studio to 4 Bedroom Apartments from $778
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Indianapolis Studio Apartments $1,220$556$5,271
Indianapolis 1 Bedroom Apartments $1,384$543$5,098
Indianapolis 2 Bedroom Apartments $1,653$650$10,000+
Indianapolis 3 Bedroom Apartments $1,998$795$8,207
Indianapolis 4 Bedroom Apartments $2,289$600$8,291
Indianapolis 5 Bedroom Apartments $5,451$2,192$10,000+

Browse Top Apartments in Indianapolis

Viewing: Alpine Studios | Desktop Version | Listing Updated: 09/11/2026 | AHLSLV