Five Twenty Virginia Apartments

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520 Virginia Ave, Indianapolis, IN 46203
(463) 219-2841
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Five Twenty Virginia

520 Virginia Ave
Indianapolis, IN 46203
(463) 219-2841
Five Twenty Virginia in Indianapolis, IN - Building Photo
  • 1–2 Bedrooms
  • $1,333-$1,879Pricing
  • 650–1,015Square Feet

Rent Specials

Discounted Monthly Rent if Signed by Oct. 31st~~$100 off monthly rates for one bedroom apartments for 12 month leases $200 off monthly rates for two bedroom apartments for 12 month leases

Ask Us About Our Specials

About Five Twenty Virginia

Welcome to Five Twenty Virginia Apartments, nestled in the vibrant and historic Fletcher Place neighborhood, just steps away from the bustling Virginia Avenue and Fountain Square. Even though construction for this building first started 1886 and acted as the first two-story school in the city, you will experience the epitome of modern living in our thoughtfully designed units, where every detail is crafted to enhance your lifestyle. Each apartment boasts updated appliances, including a convenient dishwasher, complemented by sleek wood floors and vaulted ceilings that add character and charm to your space. With ample natural light streaming through large windows, your home becomes a bright and inviting sanctuary. We are a dog free community, cats are welcome with a $100 one-time pet fee. At Five Twenty Virginia, convenience meets peace of mind with keyless building entry and free parking for residents. Residents are responsible for all utilities, and renters' insurance. There is a communal laundry facility located in the lobby of the building. Discover the perfect blend of historic charm and contemporary comfort at Five Twenty Virginia Apartments.

Five Twenty Virginia is located in the Fletcher Place Neighborhood and 46203 Zip code of Indianapolis, IN. This community is professionally managed by Core Redevelopment, LLC

Unique Features and Amenities

  • Gas
  • on-site laundry
  • Refrigerator/ Freezer
  • sewer
  • trash
  • water

See All Amenities

Property Contact Info

Floorplan Pricing and Availability

Five Twenty Virginia offers 1 to 2 Bedroom apartments starting from $1,333 and having 650–1,015 sq ft. Here is the current pricing and availability:

  • 1 Bedroom

    Floorplan E

    $1,333

    1 Bed, 1 Bath, 650 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $1,333Available Now6650$400

    Unit 6 Amenities and Features

    Kitchen

    • Dishwasher
    • Disposal
    • Microwave
    • Range

    Unique Features

    • gas
    • on-site laundry
    • Refrigerator/ Freezer
    • trash
    • water

    Utilities

    • sewer

    Unit 6 Rent and Fees

    Unit Price

    • $1,333

    Deposit

    • $400 deposit

    Unit Description

    Welcome to Five Twenty Virginia Apartments, nestled in the vibrant and historic Fletcher Place neighborhood, just steps away from the bustling Virginia Avenue and Fountain Square. Even though construction for this building first started 1886 and acted as the first two-story school in the city, you will experience the epitome of modern living in our thoughtfully designed units, where every detail is crafted to enhance your lifestyle. Each apartment boasts updated appliances, including a convenient dishwasher, complemented by sleek wood floors and vaulted ceilings that add character and charm to your space. With ample natural light streaming through large windows, your home becomes a bright and inviting sanctuary. We are a dog free community, cats are welcome with a $100 one-time pet fee. At Five Twenty Virginia, convenience meets peace of mind with keyless building entry and free parking for residents. While most utilities, including gas heat, are included in rent, residents are responsible for electric and renters' insurance. There is a communal laundry facility located in the lobby of the building. Discover the perfect blend of historic charm and contemporary comfort at Five Twenty Virginia Apartments.

    Model Rent and Fees

    Price

    • $1,333
  • 2 Bedrooms

    Floorplan B

    $1,750

    2 Beds, 1 Bath, 970 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtDepositPhotos
    $1,750Available Now3970$600

    Unit 3 Amenities and Features

    Kitchen

    • Dishwasher
    • Disposal
    • Range

    Unique Features

    • gas
    • Refrigerator/ Freezer
    • sewer
    • trash
    • water

    Unit 3 Rent and Fees

    Unit Price

    • $1,750

    Deposit

    • $600 deposit

    Unit Description

    Welcome to Five Twenty Virginia Apartments, nestled in the vibrant and historic Fletcher Place neighborhood, just steps away from the bustling Virginia Avenue and Fountain Square. Even though construction for this building first started 1886 and acted as the first two-story school in the city, you will experience the epitome of modern living in our thoughtfully designed units, where every detail is crafted to enhance your lifestyle. Each apartment boasts updated appliances, including a convenient dishwasher, complemented by sleek wood floors and vaulted ceilings that add character and charm to your space. With ample natural light streaming through large windows, your home becomes a bright and inviting sanctuary. We are a dog free community, cats are welcome with a $100 one-time pet fee. At Five Twenty Virginia, convenience meets peace of mind with keyless building entry and free parking for residents. While most utilities, including gas heat, are included in rent, residents are responsible for electric and renters' insurance. There is a communal laundry facility located in the lobby of the building. Discover the perfect blend of historic charm and contemporary comfort at Five Twenty Virginia Apartments.

    Model Rent and Fees

    Price

    • $1,750

    Floorplan C

    $1,750

    2 Beds, 1 Bath, 981 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtDepositView Details
    $1,750Available Now12981$600
    $1,750Available Now4981$600

    Model Amenities and Features

    Kitchen

    • Dishwasher
    • Disposal
    • Microwave
    • Range

    Unique Features

    • Refrigerator/ Freezer

    Model Rent and Fees

    Model Price

    • $1,750

    Deposit

    • $600 deposit

    Unit 12 Amenities and Features

    Kitchen

    • Dishwasher
    • Disposal
    • Microwave
    • Range

    Unique Features

    • gas
    • on site laundry
    • Refrigerator/ Freezer
    • sewer
    • trash
    • water

    Unit 12 Rent and Fees

    Unit Price

    • $1,750

    Deposit

    • $600 deposit

    Unit Description

    Welcome to Five Twenty Virginia Apartments, nestled in the vibrant and historic Fletcher Place neighborhood, just steps away from the bustling Virginia Avenue and Fountain Square. Even though construction for this building first started 1886 and acted as the first two-story school in the city, you will experience the epitome of modern living in our thoughtfully designed units, where every detail is crafted to enhance your lifestyle. Each apartment boasts updated appliances, including a convenient dishwasher, complemented by sleek wood floors and vaulted ceilings that add character and charm to your space. With ample natural light streaming through large windows, your home becomes a bright and inviting sanctuary. We are a dog free community, cats are welcome with a $100 one-time pet fee. At Five Twenty Virginia, convenience meets peace of mind with keyless building entry and free parking for residents. While most utilities, including gas heat, are included in rent, residents are responsible for electric and renters' insurance. There is a communal laundry facility located in the lobby of the building. Discover the perfect blend of historic charm and contemporary comfort at Five Twenty Virginia Apartments.

    Model Rent and Fees

    Price

    • $1,750

    Unit 4 Amenities and Features

    Kitchen

    • Dishwasher
    • Disposal
    • Microwave
    • Range

    Unique Features

    • gas
    • on site laundry
    • Refrigerator/ Freezer
    • sewer
    • trash
    • water

    Unit 4 Rent and Fees

    Unit Price

    • $1,750

    Deposit

    • $600 deposit

    Unit Description

    Welcome to Five Twenty Virginia Apartments, nestled in the vibrant and historic Fletcher Place neighborhood, just steps away from the bustling Virginia Avenue and Fountain Square. Even though construction for this building first started 1886 and acted as the first two-story school in the city, you will experience the epitome of modern living in our thoughtfully designed units, where every detail is crafted to enhance your lifestyle. Each apartment boasts updated appliances, including a convenient dishwasher, complemented by sleek wood floors and vaulted ceilings that add character and charm to your space. With ample natural light streaming through large windows, your home becomes a bright and inviting sanctuary. We are a dog free community, cats are welcome with a $100 one-time pet fee. At Five Twenty Virginia, convenience meets peace of mind with keyless building entry and free parking for residents. While most utilities, including gas heat, are included in rent, residents are responsible for electric and renters' insurance. There is a communal laundry facility located in the lobby of the building. Discover the perfect blend of historic charm and contemporary comfort at Five Twenty Virginia Apartments.

    Model Rent and Fees

    Price

    • $1,750

    Floorplan K

    $1,879

    2 Beds, 1 Bath, 1015 sq ft
    Available Now
    Largest 2 BedroomThis is the largest 2 Bedroom at this Property

    Availability Details

    PriceAvailability DateUnitSq FtDepositPhotosView Details
    $1,879Available Now171015$600
    $1,879Available Now201015$600

    Model Amenities and Features

    Kitchen

    • Dishwasher
    • Disposal
    • Microwave
    • Range

    Unique Features

    • gas
    • Refrigerator/ Freezer
    • sewer
    • trash
    • water

    Model Rent and Fees

    Model Price

    • $1,879

    Deposit

    • $600 deposit

    Unit 17 Amenities and Features

    Kitchen

    • Dishwasher
    • Disposal
    • Microwave
    • Range

    Unique Features

    • gas
    • Refrigerator/ Freezer
    • sewer
    • trash
    • water

    Unit 17 Rent and Fees

    Unit Price

    • $1,879

    Deposit

    • $600 deposit

    Unit Description

    Welcome to Five Twenty Virginia Apartments, nestled in the vibrant and historic Fletcher Place neighborhood, just steps away from the bustling Virginia Avenue and Fountain Square. Even though construction for this building first started 1886 and acted as the first two-story school in the city, you will experience the epitome of modern living in our thoughtfully designed units, where every detail is crafted to enhance your lifestyle. Each apartment boasts updated appliances, including a convenient dishwasher, complemented by sleek wood floors and vaulted ceilings that add character and charm to your space. With ample natural light streaming through large windows, your home becomes a bright and inviting sanctuary. We are a dog free community, cats are welcome with a $100 one-time pet fee. At Five Twenty Virginia, convenience meets peace of mind with keyless building entry and free parking for residents. While most utilities, including gas heat, are included in rent, residents are responsible for electric and renters' insurance. There is a communal laundry facility located in the lobby of the building. Discover the perfect blend of historic charm and contemporary comfort at Five Twenty Virginia Apartments.

    Model Rent and Fees

    Price

    • $1,879

    Unit 20 Amenities and Features

    Kitchen

    • Dishwasher
    • Disposal
    • Microwave
    • Range

    Unique Features

    • Refrigerator/ Freezer
    • sewer
    • trash

    Utilities

    • gas
    • water

    Unit 20 Rent and Fees

    Unit Price

    • $1,879

    Deposit

    • $600 deposit

    Unit Description

    Welcome to Five Twenty Virginia Apartments, nestled in the vibrant and historic Fletcher Place neighborhood, just steps away from the bustling Virginia Avenue and Fountain Square. Even though construction for this building first started 1886 and acted as the first two-story school in the city, you will experience the epitome of modern living in our thoughtfully designed units, where every detail is crafted to enhance your lifestyle. Each apartment boasts updated appliances, including a convenient dishwasher, complemented by sleek wood floors and vaulted ceilings that add character and charm to your space. With ample natural light streaming through large windows, your home becomes a bright and inviting sanctuary. We are a dog free community, cats are welcome with a $100 one-time pet fee. At Five Twenty Virginia, convenience meets peace of mind with keyless building entry and free parking for residents. While most utilities, including gas heat, are included in rent, residents are responsible for electric and renters' insurance. There is a communal laundry facility located in the lobby of the building. Discover the perfect blend of historic charm and contemporary comfort at Five Twenty Virginia Apartments.

    Model Rent and Fees

    Price

    • $1,879
Price shown is base rent and may not include non-optional fees and utilities. 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) 219-2841 to schedule a tour.

Property Information

  • 24 Units
  • 2 Stories
  • Built in 1985

Lease Terms

  • 12 mo

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities.

Required Fees

One-Time Move-In Fees

Due at Application
Application Fee Per Applicant$100

Pet Policy and Fees

Cats

  • 2 Pet Limit
  • $100 Fee
  • 35 Lb Weight Limit

Parking Info and Fees

Surface Lot
  • 1 Max

Features and Amenities

Unique Amenities

  • Gas
  • on-site laundry
  • Refrigerator/ Freezer
  • sewer
  • trash
  • water

On-Site Services

  • 24 Hour Access
  • Laundry Facilities

Community Features

  • Walk Up

Outdoor Features

  • Controlled Access

Interior Features

  • Windows
  • Tub/Shower
  • Cable Ready
  • Air Conditioning

Kitchen Amenities

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

Living Area Features

  • Walk In Closets
  • Vaulted Ceiling
  • Carpet
  • Window Coverings
  • Hardwood Floors
Google Map

Map

520 Virginia Ave, Indianapolis, IN 46203

Hours and Contact Info

Call Us - Open Now!
Currently Closed
By Appointment
Monday9:00 am–5:00 pm
Tuesday9:00 am–5:00 pm
Wednesday9:00 am–5:00 pm
Thursday9:00 am–5:00 pm
Friday9:00 am–5:00 pm
SaturdayClosed
SundayClosed

Getting Around

Walk Score®

86 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

98 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

58 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Five Twenty Virginia

Where is Five Twenty Virginia located?

Five Twenty Virginia is located at 520 Virginia Ave near the Fletcher Place area of Indianapolis, IN

What is the current rent range at Five Twenty Virginia?

1 Bedroom to 2 Bedroom Apartments at Five Twenty Virginia currently range from $1,333 to $1,879

When is the leasing office open?

  • The office Hours for Five Twenty Virginia are
  • 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 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 Five Twenty Virginia is: Discounted Monthly Rent if Signed by Oct. 31st~~$100 off monthly rates for one bedroom apartments for 12 month leases $200 off monthly rates for two bedroom apartments for 12 month leases.

Lifestyle Ratings

  • Affordability Nice Value3.2

    The Five Twenty Virginia Apartments are 22.3% cheaper than the average apartment in the Fletcher Place area, and 1.0% more expensive than the average apartment city-wide.

    Rent Comparison to the Fletcher Place Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    1 Bedroom$1,333$1,689-$356-21.1%
    2 Bedroom$1,750$2,289-$539-23.5%

    Rent Comparison to the city of Indianapolis

    FloorplanLowest Price HereCity Average RentCost Difference%
    1 Bedroom$1,333$1,377-$44-3.2%
    2 Bedroom$1,750$1,663+$875.2%

    Methodology: On 10/10/2025, ApartmentHomeLiving.com compared current rents by floorplan to 152 other apartment communities in the immediate area around Five Twenty Virginia (Fletcher Place), and 2069 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 10/10/2025

  • Transit Friendly 3.8

    Transit Friendly apartments feature a fantastic location and great access to local mass transit.

Learn more about Lifestyle Search

Renters Reviews and Ratings

4.0
0 Renters Reviews
ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.

Nearby Schools

Arsenal Technical High School

Indianapolis Public Schools
1500 E Michigan St
Public School - Grades 9-12 (2366 Students)
In Attendance Zone3 minute drive / 1.3 miles away
1/10

Center for Inquiry School 2

Indianapolis Public Schools
725 North New Jersey Street
Public School - Grades K-8 (444 Students)
In Attendance Zone3 minute drive / 1.3 miles away
6/10

Crispus Attucks Medical Magnet High School (9-12)

Indianapolis Public Schools
1140 Dr M Luther King Jr St
Public School - Grades 9-12 (1188 Students)
In Attendance Zone4 minute drive / 2.1 miles away
1/10

Francis W Parker School 56

Indianapolis Public Schools
2353 Columbia Avenue
Public School - Grades PK-8 (274 Students)
In Attendance Zone6 minute drive / 3.0 miles away
3/10
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 Five Twenty Virginia.

Arts Museums and Landmarks

Lucas Oil Stadium

500 South Capitol Ave
1 minute drive / 0.48 miles away

ArtsGarden

50 W. Washington Street
2 minute drive / 0.69 miles away

Indianapolis Repertory Theater

140 W. Washington Street
2 minute drive / 0.76 miles away

Big Box and Retail

Walgreen's

1530 N Meridian St
5 minute drive / 1.96 miles away

Cvs/Pharmacy

1545 N Meridian St
5 minute drive / 1.97 miles away

Kroger

4445 E 10th St
7 minute drive / 3.29 miles away

Colleges and Universities

Indiana University-Indianapolis

425 University Blvd
5 minute drive / 1.73 miles away

Indiana University School of Medicine

340 W 10th St
4 minute drive / 2.02 miles away

Ivy Tech Community College - Downtown Indianapolis Campus

50 West Fall Creek Pkwy
6 minute drive / 3.09 miles away

Groceries

Kroger

4445 E 10th St
7 minute drive / 3.29 miles away

Save-A-Lot

2930 E 38th St
10 minute drive / 4.98 miles away

Aldi

6691 E Washington St
11 minute drive / 5.25 miles away

Hospitals

Eskenazi Health

720 Eskenazi Avenue
5 minute drive / 1.89 miles away

Indiana University Health

1701 N Senate Blvd
4 minute drive / 2.26 miles away

Neurodiagnostic Institute

5435 E 16th St
9 minute drive / 4.39 miles away

Military Bases

Naval Avionics Center

11 minute drive / 5.3 miles away

Parks and Recreation

White River State Park

White River State Park
4 minute drive / 1.46 miles away

Benjamin Harrison House

1230 North Delaware Street
4 minute drive / 1.65 miles away

Garfirled Conservatory

2505 Conservatory Drive
4 minute drive / 2.07 miles away

Five Twenty Virginia has 4 parks within 3.5 miles, including White River State Park, Benjamin Harrison House, Garfirled Conservatory, and SpaceQuest Planetarium.

Restaurants and Dining

Iaria's Italian Restaurant

317 South College Avenue
1 minute drive / 0.26 miles away

Elements

415 North Alabama Street
2 minute drive / 0.9 miles away

Gabriel's Cafe

320 North Meridian St
2 minute drive / 0.93 miles away

Shopping Centers

Villaggio @ Page Pointe

411 Virginia Ave
1 minute drive / 0.07 miles away

Circle Centre

50 S Meridian St
1 minute drive / 0.61 miles away

National City Center

155 W Washington St
2 minute drive / 0.75 miles away

Five Twenty Virginia has 5 shopping centers within 1.3 miles.

Nearby Neighborhoods

Studio to 5 Bedroom Apartments from $563
View Rentals
Studio to 5 Bedroom Apartments from $830
View Rentals
Studio to 3 Bedroom Apartments from $914
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Indianapolis Studio Apartments $1,195$515$5,271
Indianapolis 1 Bedroom Apartments $1,377$597$4,187
Indianapolis 2 Bedroom Apartments $1,663$563$5,706
Indianapolis 3 Bedroom Apartments $2,041$850$8,087
Indianapolis 4 Bedroom Apartments $1,764$550$5,988
Indianapolis 5 Bedroom Apartments $5,664$2,695$9,148

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Viewing: Five Twenty Virginia | Desktop Version | Listing Updated: 10/09/2025 | AHLSLV