Photos
















Contact
The Preserve on Allisonville Townhomes

- Student Housing
- 2–3 Bedrooms
- $1,420-$1,790Pricing
- 1,024–1,271Square Feet
About The Preserve on Allisonville Townhomes
Welcome home to The Preserve on Allisonville. You can find two and three bedroom floor plans that feature private entrances, wood-inspired plank flooring, private washers and dryers or washer and dryer connections, and patios with views of our landscaped grounds. Our spacious apartment homes are bright and airy with neutral colors and plenty of space for you to unwind. Relax on our sundeck by our shimmering swimming pool or enjoy the day at the children's play area. We also offer a bark park for your pampered pets. Call today to schedule a tour of our beautiful community, and find the lifestyle you're looking for at The Preserve on Allisonville.
The Preserve on Allisonville Townhomes is located in the Castleton Neighborhood and 46250 Zip code of Indianapolis, IN. This community is professionally managed by Morgan Properties
Unique Features and Amenities
- Air Conditioner
- Amazon Hub
- BBQ/Picnic Area
- Black Appliances
- Corner Apartment
- Espresso Cabinets
- Extra patio
- maple cabinets
- Modern White Cabinets
- Non-Smoking Community
- Patio/Balcony
- Pet Friendly
- private entrance
- Side-by-Side Washer and Dryer
- Stackable washer and dryer
- Steps from Town Run Trail Park
- TILE BACKSPLASH
- Vinyl Plank Flooring
- walk-in closet
- washer & dryer
- Washer & Dryer in Home
Property Contact Info

Floorplan Pricing and Availability
The Preserve on Allisonville Townhomes offers 2 to 3 Bedroom apartments starting from $1,420 and having 1,024–1,271 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
2 Bedrooms
Two Bedroom Townhome
From $1,420
2 Beds, 1.5 Baths, 1024 sq ftAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Deposit $1,530 Available Now 5801RW 1024 $250 $1,420 February 7, 2026 5760RW 1024 $250 Model Amenities and Features
Features
- Air Conditioning
- Balcony
- Cable Ready
- Fireplace
- Washer/Dryer
- Washer/Dryer Hookup
Kitchen
- Breakfast Nook
- Dishwasher
- Granite Countertops
- Microwave
- Refrigerator
- Stainless Steel Appliances
Model Rent and Fees
Model Price Range
- $1,420 - $2,494
Current Available Pricing
- $1,420 - $1,530
Unit 5801RW Rent and Fees
Unit Price
- $1,530
Deposit
- $250 deposit
Model Rent and Fees
Model Price Range
- $1,420 - $2,494
Unit 5760RW Rent and Fees
Unit Price
- $1,420
Deposit
- $250 deposit
Model Rent and Fees
Model Price Range
- $1,420 - $2,494
Apartment Model: Two Bedroom TownhomeFrom $1,4202 Bedroom, 1.5 Bath, 1024 sq ftAvailable Now![]()
Two Bedroom Townhome - Floorplan 1 ![]()
Two Bedroom Townhome - Floorplan 2 Apartment Unit: 5801RWApartment Model: Two Bedroom Townhome$1,5302 Bedroom, 1.5 Bath, 1024 sq ftAvailable NowApartment Unit: 5760RWApartment Model: Two Bedroom Townhome$1,4202 Bedroom, 1.5 Bath, 1024 sq ftAvailable February 7, 20263 Bedrooms
Three Bedroom Townhome
From $1,790
3 Beds, 2.5 BathsAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Deposit $1,790 Available Now 5722CR 1271 $250 Model Amenities and Features
Features
- Air Conditioning
- Balcony
- Cable Ready
- Fireplace
- Washer/Dryer
- Washer/Dryer Hookup
Kitchen
- Breakfast Nook
- Dishwasher
- Granite Countertops
- Microwave
- Refrigerator
- Stainless Steel Appliances
Unit 5722CR Rent and Fees
Unit Price
- $1,790
Deposit
- $250 deposit
Model Rent and Fees
Model Price Range
- $1,790 - $3,245
Apartment Model: Three Bedroom TownhomeFrom $1,7903 Bedroom, 2.5 Bath, sq ftAvailable Now![]()
Three Bedroom Townhome - Floorplan 1 ![]()
Three Bedroom Townhome - Floorplan 2 Apartment Unit: 5722CRApartment Model: Three Bedroom Townhome$1,7903 Bedroom, 2.5 Bath, 1271 sq ftAvailable Now
Schedule a Tour
3D Tours
Property Information
- 120 Units
- 2 Stories
- Built in 1979
- View Property Website
You are leaving ApartmentHomeLiving.com…
Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities. Use the calculator to add these fees to the base rent.
Required Fees
One-Time Move-In Fees
- Due at Move-In
- Administrative FeeiCharged per unit$175
- Due at Application
- Application Fee Per ApplicantiCharged per applicant$60
Utilities & Essentials
- Amenity FeeiCharged per unit$65/mo
Other Fees
Pet Fees
- Cat FeeiCharged per Pet$250
- Cat RentiCharged per Pet$25/mo
- Dog FeeiCharged per Pet$250
- Dog RentiCharged per Pet$25/mo
- 2 Pet Limit
- 2 Pet Limit
Cat
Dog
Dogs
| Restrictions: Breed Restrictions Apply
Cats
| Restrictions: None
Parking Info and Fees
- Covered
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
Community Features
- Business Center
- Clubhouse
- Walk Up
Outdoor Features
- Grill
- Picnic Area
- Sundeck
- Patio
Recreation and Fitness
- Fitness Center
- Walking/Biking Trails
- Playground
- Pool
Interior Features
- Balcony
- Fireplace
- Cable Ready
- Washer/Dryer Hookup
- Washer/Dryer
- Air Conditioning
Kitchen Amenities
- Dishwasher
- Microwave
- Refrigerator
- Breakfast Nook
- Stainless Steel Appliances
- Granite Countertops
Living Area Features
- Walk In Closets
- Den
- Window Coverings

Map
- Shopping
- Colleges
- Grocery
- Medical
- Parks

Map
Hours and Contact Info
| Monday | 10:00 am–6:00 pm |
| Tuesday | 10:00 am–6:00 pm |
| Wednesday | 10:00 am–6:00 pm |
| Thursday | 10:00 am–6:00 pm |
| Friday | 10:00 am–6:00 pm |
| Saturday | Closed |
| Sunday | Closed |
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about The Preserve on Allisonville Townhomes
Where is The Preserve on Allisonville Townhomes located?
The Preserve on Allisonville Townhomes is located at 5830 River Wood Dr near the Castleton area of Indianapolis, IN
What is the current rent range at The Preserve on Allisonville Townhomes?
2 Bedroom to 3 Bedroom Apartments at The Preserve on Allisonville Townhomes currently range from $1,420 to $1,790
When is the leasing office open?
- The office Hours for The Preserve on Allisonville Townhomes are
- Monday 10:00 am–6:00 pm
- Tuesday 10:00 am–6:00 pm
- Wednesday 10:00 am–6:00 pm
- Thursday 10:00 am–6:00 pm
- Friday 10:00 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
Learn more about Lifestyle SearchRenters Reviews and Ratings
Worst Place I have ever lived
February 11, 2020This became the worst place I have ever lived when this place changed from Riverwood to the Preserve . The Preserve does NOT care about it residents and allows unreasonalbe wait time for necessary apartment maintenance. I waited over 6 months for them to fix a window their team broke while tearing up the backyard (they fixed the window in January).Review from Apartments.com
Do not move here (2018 Review)
December 2, 20181. No parking for tenants (expect to walk pass 20 cars or a new street to your car 2. Landlord allows tenants to occupy visitor parking spots or their family/friends to occupy it for 2 months and counting 3. October 2018, 2 cars got their tires stolen so a total of 4 tires stolen on one night 4. Tenants are allowed to smoke in their units, prepare to smell like cigarette smoke 5. There is no security in this area 6. When we first moved in they leased us an apartment that wasn’t livable, so we ...had to push our move in date and get a new apartment unit 7. New management charges you when you pay rent online, the fee is in the 20’s. 8. Expensive apartment that’s not worth the troubleProperty Manager Responded
December 3, 2018Hello, We appreciate your feedback. Wilkinson Asset Management is the management company for The Preserve on Allisonville and we are here to help. We apologize in advance for property concerns. The Wilkinson Asset Management teams are committed to providing our customers with a hassle-free living experience and would love the opportunity to help you resolve your concern today. We want to hear from you and can be reached at CustomerCare@wfocliving.com or at 866-914-2403. Thank you.?
Read MoreReview from Apartments.com
Riverwood apartment homes
August 9, 2015We have lived here for 2 years. There have been four different companies that have owned the complex so things were a bit annoying at times. Now they are very good about doing repairs and regular maintenance on the apartments as needed. They are older units, with older appliances and in need of some definite upgrading, but great space and nice wooded property for a great price. We have had our roof leak, shower leaks, washing machine leak, and other small issues. These are old building so things ...do go wrong more often; they are good about making repairs now. I haven't found anyhting in this area for the price and 3 bedroom tow home styl with 2 1/2 baths; for that it is worth it to us. Quiet neighboorhood and pretty safe for the most part. Other than the maintenance issues with the apartment we have enjoyed living here, especially with a beautiful woods and wildlife out our back porch. We have owls, deer, raccoons, and even humming birds that come to my feeder ;)Read MoreReview from Apartments.com
Its been a while since I've lived here.
August 6, 2015I lived here back in 2005-2006. This place is at the perfect location in Castleton. The worst thing that I can remember about living here, is the parking. Other than that, the neighborhood is quiet, and friendly staff.Review from Apartments.com
Riverwood
August 6, 2015Not badly priced but not the best place to live. Layout is weird doesn't flow well.Review from Apartments.com
Nearby Schools
Lawrence Central High School
Belzer Middle School
Mary Evelyn Castle Elementary School
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from The Preserve on Allisonville Townhomes.
Arts Museums and Landmarks
Big Box and Retail
Walgreens
Macy's
Jcpenney
Colleges and Universities
Ivy Tech Community College - Downtown Indianapolis Campus
Groceries
Kroger
Meijer
The Fresh Market
Hospitals
Community Hospital North
Fairbanks Alcohol & Drug Addiction Treatment Center
Options Behavioral Health System
Military Bases
Naval Avionics Center
Parks and Recreation
The Preserve on Allisonville Townhomes has 4 parks within 10.4 miles, including Climb Time Indy, Caribbean Cove, SpaceQuest Planetarium, and Benjamin Harrison House.
Restaurants and Dining
Shopping Centers
The Preserve on Allisonville Townhomes has 5 shopping centers within 0.6 miles.
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Indianapolis Studio Apartments | $1,180 | $595 | $5,274 |
| Indianapolis 1 Bedroom Apartments | $1,369 | $649 | $4,688 |
| Indianapolis 2 Bedroom Apartments | $1,643 | $563 | $9,476 |
| Indianapolis 3 Bedroom Apartments | $2,039 | $925 | $10,000+ |
| Indianapolis 4 Bedroom Apartments | $1,666 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $9,946 | $9,946 | $9,946 |
Browse Top Apartments in Indianapolis
By Price
- Cheap Indianapolis Apartments
- Indianapolis Apartments Under $600
- Indianapolis Apartments Under $700
- Indianapolis Apartments Under $800
- Indianapolis Apartments Under $900
- Indianapolis Apartments Under $1000
- Indianapolis Apartments Under $1200
- Indianapolis Apartments Under $1500
- Indianapolis Apartments Under $2000
- Indianapolis Luxury Apartments
By Community Type
- Indianapolis Apartments for Rent by Owner
- Indianapolis Apartments with Rent Specials
- Indianapolis Top Rated Apartments
- Indianapolis Corporate Apartments
- Indianapolis Furnished Apartments
- Indianapolis Gated Apartments
- Indianapolis Loft Apartments
- Indianapolis Low Income Apartments
- Indianapolis Military Apartments
- New Indianapolis Apartments
- Indianapolis Senior Apartments
- Indianapolis Short-term Apartments
- Indianapolis Student Apartments
- Indianapolis Apartments with Utilities Included