The E'Laan Apartments

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515 E Market St, Indianapolis, IN 46204
(463) 800-8535
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The E'Laan

515 E Market St
Indianapolis, IN 46204
(463) 800-8535
The E'Laan in Indianapolis, IN - Building Photo
  • Studio–2 Bedrooms
  • $1,265 - $1,909Pricing
  • 570–1,200Square Feet

Rent Specials

Apply within 48 hours of your tour to receive a CREDIT BACK on your App and Admin fees! Call for more details. View Floorplans

Ask Us About Our Specials

About The E'Laan

Welcome to The E’Laan, a residential community featuring studio, one and two bedroom apartments in Downtown Indianapolis, IN. Spacious layouts and amenities welcome you home, along with exceptional service and an ideal location within walking distance to shopping, dining and entertainment options. Are you looking for an apartment for rent Indianapolis, IN? Contact our friendly, professional office staff to schedule a tour today.

The E'Laan is located in the Circle City Neighborhood and 46204 Zip code of Indianapolis, IN. This community is professionally managed by Birge & Held Asset Management

Unique Features and Amenities

  • Coffee Bar
  • Downtown Views
  • Elevator
  • Energy Efficient Appliances
  • Floor To Ceiling Windows
  • Garden
  • Hardwood Flooring
  • Juliet Balconies
  • On-site maintenance
  • Premium Finishes
  • Quartz Countertops
  • Side Windows
  • Top Floor
  • Valet Trash
  • Walk In Shower
  • Washer & Dryer In-unit

See All Amenities

Property Contact Info

Floorplan Pricing and Availability

The E'Laan offers Studio to 2 Bedroom apartments starting from $1,265 and having 570–1,200 sq ft. Here is the current pricing and availability:

  • Studio

    The Holloway

    From $1,265

    Studio, 1 Bath, 570 sq ft
    Available Oct 2

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,415 October 2, 2025207570
    $1,265 October 2, 2025208570
    $1,325 October 2, 2025313570

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Cable Ready
    • Ceiling Fans
    • Double Vanities
    • Heating
    • High Speed Internet Access
    • Security System
    • Smoke Free
    • Sprinkler System
    • Storage Space
    • Surround Sound
    • Tub/Shower
    • Washer/Dryer
    • Washer/Dryer Hookup
    • Windows

    Kitchen

    • Breakfast Nook
    • Coffee System
    • Dishwasher
    • Disposal
    • Eat-in Kitchen
    • Freezer
    • Ice Maker
    • Kitchen
    • Microwave
    • Oven
    • Pantry
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Model Rent and Fees

    Model Price Range

    • $1,265 - $1,415

    Unit 207 Amenities and Features

    Services

    • Furnished

    Unique Features

    • 2nd Floor
    • City View

    Unit 207 Rent and Fees

    Unit Price

    • $1,415

    Model Rent and Fees

    Model Price Range

    • $1,265 - $1,415

    Unit 208 Amenities and Features

    Unique Features

    • 2nd Floor

    Unit 208 Rent and Fees

    Unit Price

    • $1,265

    Model Rent and Fees

    Model Price Range

    • $1,265 - $1,415

    Unit 313 Amenities and Features

    Unique Features

    • 3rd Floor
    • City View

    Unit 313 Rent and Fees

    Unit Price

    • $1,325

    Model Rent and Fees

    Model Price Range

    • $1,265 - $1,415
  • 1 Bedroom

    The Vonnegut II

    From $1,450

    1 Bed, 1 Bath, 884 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,500Available Now311884
    $1,490Available Now211884
    $1,450Available Now312884

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Cable Ready
    • Ceiling Fans
    • Double Vanities
    • Heating
    • High Speed Internet Access
    • Security System
    • Smoke Free
    • Sprinkler System
    • Storage Space
    • Surround Sound
    • Tub/Shower
    • Washer/Dryer
    • Washer/Dryer Hookup
    • Windows

    Kitchen

    • Breakfast Nook
    • Coffee System
    • Dishwasher
    • Disposal
    • Eat-in Kitchen
    • Freezer
    • Ice Maker
    • Kitchen
    • Microwave
    • Oven
    • Pantry
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Model Rent and Fees

    Model Price Range

    • $1,440 - $1,500

    Current Available Pricing

    • $1,450 - $1,500

    Unit 311 Amenities and Features

    Unique Features

    • 3rd Floor
    • City View

    Unit 311 Rent and Fees

    Unit Price

    • $1,500

    Model Rent and Fees

    Model Price Range

    • $1,440 - $1,500

    Unit 211 Amenities and Features

    Unique Features

    • 2nd Floor
    • City View

    Unit 211 Rent and Fees

    Unit Price

    • $1,490

    Model Rent and Fees

    Model Price Range

    • $1,440 - $1,500

    Unit 312 Amenities and Features

    Unique Features

    • 3rd Floor

    Unit 312 Rent and Fees

    Unit Price

    • $1,450

    Model Rent and Fees

    Model Price Range

    • $1,440 - $1,500

    The Lilly

    $1,790

    1 Bed, 2 Baths, 1000 sq ft
    Available Now
    Largest 1 BedroomThis is the largest 1 Bedroom at this Property

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,790Available Now5071000

    Unit 507 Amenities and Features

    Unique Features

    • City View
    • Top Floor

    Unit 507 Rent and Fees

    Unit Price

    • $1,790

    Model Rent and Fees

    Price

    • $1,790

    The Vonnegut

    $1,545

    1 Bed, 1 Bath, 880 sq ft
    Available Sep 10

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,545 September 10, 2025505880

    Unit 505 Amenities and Features

    Unique Features

    • City View
    • Top Floor

    Unit 505 Rent and Fees

    Unit Price

    • $1,545

    Model Rent and Fees

    Price

    • $1,545
  • 2 Bedrooms

    The Riley

    $1,909

    2 Beds, 2 Baths, 1200 sq ft
    Available Aug 27

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,909 August 27, 20253011200

    Unit 301 Amenities and Features

    Unique Features

    • 3rd Floor
    • City View
    • Corner unit

    Unit 301 Rent and Fees

    Unit Price

    • $1,909

    Model Rent and Fees

    Price

    • $1,909
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) 800-8535 to schedule a tour.

Property Information

Lease Terms

  • 3 - 15 mo
  • Short Term Lease Options

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

Administrative Fee$150
Application Fee Per Applicant$60

Pet Policy and Fees

Dogs

  • 2 Pet Limit
  • $30 Monthly Pet Rent
  • $300 Fee
Restrictions:

Cats

  • 2 Pet Limit
  • $30 Monthly Pet Rent
  • $300 Fee
Restrictions:

Parking Info and Fees

Garage ParkingiPlease call us regarding our Parking Policy.
  • 1 Max, Assigned Parking
  • Surface Lot
  • $60/Mo
  • Storage

    Storage Unit
    • $50/Mo

    Matterport 3D Tours

    Features and Amenities

    On-Site Services

    • Maintenance On Site
    • Package Service
    • Grocery Service
    • Property Manager On Site
    • Trash Pickup Door To Door
    • Health Club Discount
    • Online Services
    • Pet Play Area
    • Recycling
    • Video Patrol
    • 24 Hour Access
    • Key Fob Entry
    • Laundry Facilities
    • Garden

    Community Features

    • Clubhouse
    • Lounge
    • Breakfast/Coffee Concierge
    • Corporate Suites
    • Elevator

    Outdoor Features

    • Grill
    • Fenced Lot
    • Sundeck
    • Picnic Area
    • Roof Terrace
    • Courtyard
    • Controlled Access
    • Yard
    • Deck
    • Porch
    • Patio
    • Lawn

    Recreation and Fitness

    • Fitness Center
    • Walking/Biking Trails
    • Bicycle Storage
    • Pool

    Interior Features

    • Balcony
    • Windows
    • Security System
    • Storage Space
    • Double Vanities
    • Heating
    • Ceiling Fans
    • High Speed Internet Access
    • Tub/Shower
    • Sprinkler System
    • Surround Sound
    • Cable Ready
    • Washer/Dryer Hookup
    • Washer/Dryer
    • Air Conditioning
    • Smoke Free

    Kitchen Amenities

    • Range
    • Refrigerator
    • Disposal
    • Freezer
    • Ice Maker
    • Kitchen
    • Stainless Steel Appliances
    • Coffee System
    • Dishwasher
    • Eat In Kitchen
    • Microwave
    • Pantry
    • Oven
    • Breakfast Nook

    Living Area Features

    • Walk In Closets
    • Vaulted Ceiling
    • Crown Molding
    • Family Room
    • Window Coverings
    • Office
    • Vinyl Flooring
    • Linen Closet
    • Large Bedrooms
    • Views
    • Hardwood Floors
    • Loft Layout

    Unique Amenities

    • Garage Available
    Google Map

    Map

    515 E Market St, Indianapolis, IN 46204

    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
    Saturday10:00 am–5:00 pm
    SundayClosed

    Getting Around

    Walk Score®

    90 / 100

    Walker’s Paradise

    Daily errands do not require a car

    Bike Score®

    97 / 100

    Biker's Paradise

    Daily errands can be accomplished on a bike

    Transit Score®

    66 / 100

    Good Transit

    Many nearby public transportation options

    Frequently Asked Questions about The E'Laan

    Where is The E'Laan located?

    The E'Laan is located at 515 E Market St near the Circle City area of Indianapolis, IN

    What is the current rent range at The E'Laan?

    Studio to 2 Bedroom Apartments at The E'Laan currently range from $1,265 to $1,909

    When is the leasing office open?

    • The office Hours for The E'Laan 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 10:00 am–5:00 pm
    • 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 The E'Laan is: Apply within 48 hours of your tour to receive a CREDIT BACK on your App and Admin fees! Call for more details. View Floorplans.

    Lifestyle Ratings

    • Affordability Nice Value3.2

      The The E'Laan Apartments are 9.73% cheaper than the average apartment in the Circle City area, and 6.43% more expensive than the average apartment city-wide.

      Rent Comparison to the Circle City Neighborhood

      FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
      Studio$1,265$1,385-$120-8.7%
      1 Bedroom$1,440$1,539-$99-6.4%
      2 Bedroom$1,909$2,222-$313-14.1%

      Rent Comparison to the city of Indianapolis

      FloorplanLowest Price HereCity Average RentCost Difference%
      Studio$1,265$1,257+$80.6%
      1 Bedroom$1,440$1,390+$503.6%
      2 Bedroom$1,909$1,658+$25115.1%

      Methodology: On 08/10/2025, ApartmentHomeLiving.com compared current rents by floorplan to 361 other apartment communities in the immediate area around The E'Laan (Circle City), and 2152 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 08/10/2025

    • Active Lifestyle 3.4

      From fitness centers to pools to putting greens, Active Lifestyle apartments feature local listings with the most amenities that support an always active lifestyle.

      Rating Factors

      This 3.4-star Active Lifestyle rating is based on the following features:

      • Walking/Biking Trails
      • Bicycle Storage
      • Swimming Pool(s)
      • Fitness Center
      • Pet Play Area
      • Health Club Discounts
      • Garden Style
      • Picnic Area
      • Storage Spaces
      • Patios
    • Pet Friendly 4.0

      Top Pet Friendly apartments have specified that they accept pets and feature a number pet friendly amenities for renters with furry friends.

      Rating Factors

      This 4.0-star Pet Friendly rating is based on the following features:

      • Fenced Lot(s)
      • Hardwood Floors
      • Pet Play Area
      • Elevator(s)
      • Balconies
      • Courtyard
      • Heating
      • Air Conditioning
      • Deck(s)
      • Patios
      • Lawns
      • Walking/Biking Trails
      See more
      See less
    • Family Friendly 4.0

      Family Friendly apartments feature the best community amenities for larger families like larger floorplans, playgrounds and day care options.

      Rating Factors

      This 4.0-star Family Friendly rating is based on the following features:

      • Grocery Service
      • Fenced Lot(s)
      • Fitness Center
      • Walking/Biking Trails
      • Smoke Free Options
      • Hardwood Floors
      • Video Patrol
      • Controlled Gate Access
      • Washer/Dryer In Unit
      • Maintenance on site
      • Package Service
      • Trash Pickup - Door to Door
      • Pet Play Area
      • Key Fob Entry
      • Garden Style
      • Elevator(s)
      • Roof Terrace
      • Bicycle Storage
      • Swimming Pool(s)
      • High Speed Internet Access
      • Dishwashers
      • Eat in Kitchen or Dining Rooms
      • Family Rooms
      • Large Bedrooms
      • Patios
      • Property Manager on Site
      • Health Club Discounts
      • 24 Hour Access
      • Laundry Facilities
      • Lounge
      • Grill(s)
      • Sundeck(s)
      • Picnic Area
      • Courtyard
      • Balconies
      • Security Systems
      • Storage Spaces
      • Double Vanities
      • Heating
      • Ceiling Fans
      • Tub/Showers
      • Sprinkler System
      • Surround Sound
      • Washer/Dryer Hookups
      • Air Conditioning
      • Disposals
      • Freezers
      • Ice Makers
      • Kitchens
      • Coffee System(s)
      • Pantries
      • Breakfast Nooks
      • Vaulted Ceilings
      • Window Coverings
      • Office(s)
      • Vinyl Flooring
      • Views
      • Yards
      • Deck(s)
      • Porches
      • Lawns
      • Cable Ready
      See more
      See less
    • Transit Friendly 3.8

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

    • Outdoors 4.0

      The Outdoors rating shows the apartment listings on ApartmentHomeLiving.com with the top amenities and features for renters who love the outdoor lifestyle.

      Rating Factors

      This 4.0-star Outdoors rating is based on the following features:

      • Walking/Biking Trails
      • Fenced Lot(s)
      • Garden Style
      • Balconies
      • Deck(s)
      • Patios
      • Pet Play Area
      • Picnic Area
      • Roof Terrace
      • Bicycle Storage
      • Storage Spaces
      • Yards
      • Lawns
      • Grill(s)
      • Sundeck(s)
      • Courtyard
      • Swimming Pool(s)
      • Porches
      See more
      See less
    • Student Living 4.0

      Rentals that are highly rated for the Student Living Lifestyle rating have top features and amenities that benefit students and others who enjoy living the student lifestyle.

      Rating Factors

      This 4.0-star Student Living rating is based on the following features:

      • Fenced Lot(s)
      • Package Service
      • Washer/Dryer In Unit
      • Property Manager on Site
      • 24 Hour Access
      • Elevator(s)
      • Sundeck(s)
      • Roof Terrace
      • Fitness Center
      • Bicycle Storage
      • Swimming Pool(s)
      • Storage Spaces
      • Smoke Free Options
      • Vaulted Ceilings
      • Window Coverings
      • Views
      • Deck(s)
      • Maintenance on site
      • Grocery Service
      • Trash Pickup - Door to Door
      • Health Club Discounts
      • Pet Play Area
      • Recycling
      • Key Fob Entry
      • Laundry Facilities
      • Garden Style
      • Clubhouse
      • Lounge
      • Breakfast/Coffee Concierge
      • Grill(s)
      • Picnic Area
      • Controlled Gate Access
      • Walking/Biking Trails
      • Balconies
      • Security Systems
      • Heating
      • High Speed Internet Access
      • Tub/Showers
      • Surround Sound
      • Washer/Dryer Hookups
      • Air Conditioning
      • Ranges
      • Refrigerators
      • Disposals
      • Ice Makers
      • Kitchens
      • Stainless Steel Appliances
      • Dishwashers
      • Eat in Kitchen or Dining Rooms
      • Pantries
      • Ovens
      • Breakfast Nooks
      • Family Rooms
      • Large Bedrooms
      • Yards
      • Porches
      • Patios
      • Lawns
      • Courtyard
      • Ceiling Fans
      • Cable Ready
      • Coffee System(s)
      • Crown Molding
      See more
      See less
    Learn more about Lifestyle Search

    Renters Reviews and Ratings

    5.0
    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 Zone2 minute drive / 0.9 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 Zone1 minute drive / 0.6 miles away
    5/10

    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 / 1.5 miles away
    1/10

    Francis W Parker School 56

    Indianapolis Public Schools
    2353 Columbia Avenue
    Public School - Grades PK-8 (274 Students)
    In Attendance Zone5 minute drive / 2.4 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 The E'Laan.

    Arts Museums and Landmarks

    500 South Capitol Ave
    1 minute drive / 0.21 miles away
    50 W. Washington Street
    1 minute drive / 0.51 miles away
    140 W. Washington Street
    1 minute drive / 0.6 miles away

    Big Box and Retail

    Walgreen's
    1530 N Meridian St
    3 minute drive / 1.29 miles away
    Cvs/Pharmacy
    1545 N Meridian St
    3 minute drive / 1.3 miles away
    Kroger
    4445 E 10th St
    6 minute drive / 3.07 miles away

    Colleges and Universities

    340 W 10th St
    4 minute drive / 1.41 miles away
    425 University Blvd
    4 minute drive / 1.45 miles away
    50 West Fall Creek Pkwy
    5 minute drive / 2.41 miles away

    Groceries

    Kroger
    4445 E 10th St
    6 minute drive / 3.07 miles away
    Save-A-Lot
    2930 E 38th St
    9 minute drive / 4.35 miles away
    Aldi
    6691 E Washington St
    11 minute drive / 5.2 miles away

    Hospitals

    Eskenazi Health
    720 Eskenazi Avenue
    4 minute drive / 1.44 miles away
    Indiana University Health
    1701 N Senate Blvd
    4 minute drive / 1.64 miles away
    Neurodiagnostic Institute
    5435 E 16th St
    8 minute drive / 4.12 miles away

    Military Bases

    10 minute drive / 5.04 miles away

    Parks and Recreation

    1230 North Delaware Street
    2 minute drive / 0.97 miles away
    White River State Park
    4 minute drive / 1.38 miles away
    2505 Conservatory Drive
    5 minute drive / 2.75 miles away

    The E'Laan has 4 parks within 2.8 miles, including Benjamin Harrison House, White River State Park, Garfirled Conservatory, and SpaceQuest Planetarium.

    Restaurants and Dining

    415 North Alabama Street
    1 minute drive / 0.24 miles away
    320 North Meridian St
    1 minute drive / 0.44 miles away
    317 South College Avenue
    1 minute drive / 0.6 miles away

    Shopping Centers

    50 S Meridian St
    1 minute drive / 0.54 miles away
    155 W Washington St
    1 minute drive / 0.63 miles away
    411 Virginia Ave
    2 minute drive / 0.68 miles away

    The E'Laan has 5 shopping centers within 1.0 miles.

    Nearby Neighborhoods

    Studio to 4 Bedroom Apartments from $550
    View Rentals
    Studio to 3 Bedroom Apartments from $740
    View Rentals
    Studio to 3 Bedroom Apartments from $650
    View Rentals

    Rental Price Ranges in the Area

    BedroomAverage RentCheapest RentHighest Rent
    Indianapolis Studio Apartments $1,257$595$6,410
    Indianapolis 1 Bedroom Apartments $1,390$597$5,280
    Indianapolis 2 Bedroom Apartments $1,658$695$5,803
    Indianapolis 3 Bedroom Apartments $2,051$1,015$10,000+
    Indianapolis 4 Bedroom Apartments $1,558$550$4,438
    Indianapolis 5 Bedroom Apartments $4,323$1,050$8,350

    Browse Top Apartments in Indianapolis

    By Price

    By Community Type

    By Amenities

    Viewing: The E'Laan | Desktop Version | Listing Updated: 08/21/2025 | AHLGLD