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The Preserve on Allisonville Townhomes
- Student Housing
- 2–3 Bedrooms
- $1,465-$2,624 Pricing
- 1,024–1,271 Square Feet
Rent Specials
$750 Off First Month's Rent! More sunshine, less rent—just in time for summer fun! A $750 rent credit will be applied to the first full month’s rent on new leases of 10 months or longer. Applicants must apply on or after 7/13/26 and move in by 7/30/26 to qualify. Offer is subject to approval and may be modified or discontinued at any time.
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
- Electric Fireplace
- 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
- Wood Fireplace
Property Contact Info
- Listed by:
- Agency:
- Vendor Logo:
- Website:
- View Property Website
- Call Us:
- (463) 240-1363
- Disclaimer:
Office Hours
| 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 |
Floorplan Pricing and Availability
The Preserve on Allisonville Townhomes offers 2 to 3 Bedroom apartments starting from $1,465 and having 1,024–1,271 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
ApartmentHomeLiving.com's new Interactive Property Map allows you to see where every available unit is located at this community.Try It Now >2 Bedrooms
Two Bedroom Townhome
From $1,465
2 Beds, 1.5 Baths, 1024 sq ftAvailable NowModel Gallery
Floorplans
3D Tours
Availability Details
Price Availability Date Unit Sq Ft Deposit View Details $1,465 Available Now 9446TV 1024 $250 $1,465 Available Now 5746RW 1024 $250 $1,465 July 27, 2026 5759RW 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
- $1,465 - $2,021
Current Available Pricing
- $1,465
Unit 9446TV Amenities and Features
Kitchen
- Dishwasher
- Granite Countertops
- Microwave
- Stainless Steel Appliances
Unique Features
- Modern White Cabinets
- Side-by-Side Washer and Dryer
- Tile Backsplash
- Vinyl Plank Flooring
- Wood Fireplace
Unit 9446TV Rent and Fees
Unit Price
- $1,465
Deposit
- $250 deposit
Model Rent and Fees
Model Price Range
- $1,465 - $2,021
Unit 5746RW Amenities and Features
Kitchen
- Dishwasher
- Granite Countertops
- Microwave
- Stainless Steel Appliances
Unique Features
- Modern White Cabinets
- Side-by-Side Washer and Dryer
- Tile Backsplash
- Vinyl Plank Flooring
- Wood Fireplace
Unit 5746RW Rent and Fees
Unit Price
- $1,465
Deposit
- $250 deposit
Model Rent and Fees
Model Price Range
- $1,465 - $2,021
Unit 5759RW Amenities and Features
Kitchen
- Granite Countertops
- Microwave
- Stainless Steel Appliances
Unique Features
- Modern White Cabinets
- Tile Backsplash
- Vinyl Plank Flooring
- Washer & Dryer
Unit 5759RW Rent and Fees
Unit Price
- $1,465
Deposit
- $250 deposit
Model Rent and Fees
Model Price Range
- $1,465 - $2,021
Apartment Model: Two Bedroom TownhomeFrom $1,4652 Bedroom, 1.5 Bath, 1024 sq ftAvailable NowFloorplans3D Tours![]()
Two Bedroom Townhome - Floorplan 1 ![]()
Two Bedroom Townhome - Floorplan 2 Two Bedroom Townhome - 3D Tour Two Bedroom Townhome - 3D Tour Apartment Unit: 9446TVApartment Model: Two Bedroom Townhome$1,4652 Bedroom, 1.5 Bath, 1024 sq ftAvailable NowApartment Unit: 5746RWApartment Model: Two Bedroom Townhome$1,4652 Bedroom, 1.5 Bath, 1024 sq ftAvailable NowApartment Unit: 5759RWApartment Model: Two Bedroom Townhome$1,4652 Bedroom, 1.5 Bath, 1024 sq ftAvailable July 27, 20263 Bedrooms
Three Bedroom Townhome
From $1,640
3 Beds, 2.5 BathsAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Deposit View Details $1,640 Available Now 5750RW 1271 $250 $1,700 Available Now 5752RW 1271 $250 $1,695 Available Now 5817RW 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
Model Rent and Fees
Model Price Range
- $1,640 - $2,624
Current Available Pricing
- $1,640 - $1,700
Unit 5750RW Amenities and Features
Kitchen
- Granite Countertops
- Microwave
- Stainless Steel Appliances
Unique Features
- Modern White Cabinets
- Tile Backsplash
- Vinyl Plank Flooring
- Washer & Dryer
Unit 5750RW Rent and Fees
Unit Price
- $1,640
Deposit
- $250 deposit
Model Rent and Fees
Model Price Range
- $1,640 - $2,624
Unit 5752RW Amenities and Features
Kitchen
- Dishwasher
- Granite Countertops
- Microwave
- Stainless Steel Appliances
Unique Features
- Modern White Cabinets
- Side-by-Side Washer and Dryer
- Tile Backsplash
- Vinyl Plank Flooring
- Wood Fireplace
Unit 5752RW Rent and Fees
Unit Price
- $1,700
Deposit
- $250 deposit
Model Rent and Fees
Model Price Range
- $1,640 - $2,624
Unit 5817RW Amenities and Features
Kitchen
- Dishwasher
- Granite Countertops
- Microwave
- Stainless Steel Appliances
Unique Features
- Modern White Cabinets
- Tile Backsplash
- Vinyl Plank Flooring
- Washer & Dryer
Unit 5817RW Rent and Fees
Unit Price
- $1,695
Deposit
- $250 deposit
Model Rent and Fees
Model Price Range
- $1,640 - $2,624
Apartment Model: Three Bedroom TownhomeFrom $1,6403 Bedroom, 2.5 BathAvailable Now![]()
Three Bedroom Townhome - Floorplan 1 ![]()
Three Bedroom Townhome - Floorplan 2 Apartment Unit: 5750RWApartment Model: Three Bedroom Townhome$1,6403 Bedroom, 2.5 Bath, 1271 sq ftAvailable NowApartment Unit: 5752RWApartment Model: Three Bedroom Townhome$1,7003 Bedroom, 2.5 Bath, 1271 sq ftAvailable NowApartment Unit: 5817RWApartment Model: Three Bedroom Townhome$1,6953 Bedroom, 2.5 Bath, 1271 sq ftAvailable Now
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
Call us at: (463) 240-1363 to schedule a tour.
3D Tours
Clubhouse
Fitness Center
3BR, 2.5BA - 1271 SF
3BR, 2.5BA - 1271 SF
Clubhouse
Fitness Center
2BR, 1 1/2BA - The Birch
2BR, 1.5BA - 1024 SF
Property Information
- 120 Units
- 2 Stories
- Built in 1979
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.$60.00
- Due at Move-In
- Administrative FeeiCharged per unit.$175.00
Utilities
- Amenity FeeiAmenity Fee Charged Per Unit.$65.00/mo
Other Fees and Policies
Situational Fees
- Late ChargeiLate Fee Charged Per Unit.$75.00/per occurrence
- NSF Check FeeiNSF Fee Charged Per Unit.$25.00/per occurrence
- Transfer FeeiIn-House Transfer Fee Charged Per Unit.$500.00/per occurrence
- Early Termination FeeiEarly Termination Fee Charged Per Unit.200.0% of base rent/per occurrence
- Adminstrative FeeiAdminstrative Fee Charged per unit.$175.00
- Application FeeiApplication Fee Charged per unit.$60.00
- Keys and Lock ChangesiMailbox Key Change Charged per unit.$25.00/per occurrence
- Pre-Termination FeeiResident Add-on/Release Fee Charged per unit.$100.00/per occurrence
- Utility - WateriUtility - Water Charged per unit.Varies/mo
Pet Fees
- Cat
- Cat FeeiMax of 2. Charged Per Pet.$250.00
- Cat RentiCharged Per Pet.$25.00/mo
- Dog
- Dog FeeiMax of 2. Charged Per Pet.$250.00
- Dog RentiCharged Per Pet.$25.00/mo
- Other Pet
- Monthly Pet FeeiMonthly Pet Fee Charged Per Pet.$25.00/mo
- Pet FeeiOne Time Pet Fee Charged Per Pet.Varies/mo
Restrictions:
None
Restrictions:
Breed Restrictions Apply
Comments:
Max of 2. | Restrictions: Breed Restrictions Apply.
Parking Fees
- Other
- Parking FeeiPreferred Parking Charged Per Vehicle.$25.00/mo
- Garage RentiCarport Charged Per Vehicle.$35.00/mo
- Covered
Additional Parking Options
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
5830 River Wood Dr, Indianapolis, IN 46250
- Shopping
- Colleges
- Grocery
- Medical
- Parks
Map
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 $1,465 to $1,700
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
Are there any rent specials?
The current rent special at The Preserve on Allisonville Townhomes is: $750 Off First Month's Rent! More sunshine, less rent—just in time for summer fun! A $750 rent credit will be applied to the first full month’s rent on new leases of 10 months or longer. Applicants must apply on or after 7/13/26 and move in by 7/30/26 to qualify. Offer is subject to approval and may be modified or discontinued at any time..
Renters Reviews and Ratings
Worst Place I have ever lived
February 11, 2020 - Review from Apartments.com
This 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).
Do not move here (2018 Review)
December 2, 2018 - Review from Apartments.com
1. 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 trouble
Read More
Property Manager Responded
December 3, 2018
Hello,
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.?
Riverwood apartment homes
August 9, 2015 - Review from Apartments.com
We 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 More
Its been a while since I've lived here.
August 6, 2015 - Review from Apartments.com
I 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.
Riverwood
August 6, 2015 - Review from Apartments.com
Not badly priced but not the best place to live. Layout is weird doesn't flow well.
Nearby Schools
Lawrence Central High School
M S D Lawrence Township
7300 East 56th Street
Public School - Grades 9-12 (2317 Students)
In Attendance Zone10 minute drive / 5.0 miles away
Belzer Middle School
M S D Lawrence Township
7555 East 56th Street
Public School - Grades 6-8 (1183 Students)
In Attendance Zone11 minute drive / 5.2 miles away
Mary Evelyn Castle Elementary School
M S D Lawrence Township
8502 East 82nd Street
Public School - Grades K-5 (713 Students)
In Attendance Zone6 minute drive / 2.9 miles away
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.
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
9610 Allisonville Rd
1 minute drive / 0.57 miles away
Macy's
6020 E 82nd St
2 minute drive / 0.73 miles away
Jcpenney
6020 E 82nd St
2 minute drive / 0.8 miles away
Colleges and Universities
Ivy Tech Community College - Downtown Indianapolis Campus
50 West Fall Creek Pkwy
19 minute drive / 9.26 miles away
Groceries
Kroger
5810 E 71st St
5 minute drive / 2.42 miles away
Meijer
1424 W Carmel Dr
12 minute drive / 5.75 miles away
The Fresh Market
5415 N College Ave
13 minute drive / 6.19 miles away
Hospitals
Fairbanks Alcohol & Drug Addiction Treatment Center
8102 Clearvista Parkway
4 minute drive / 2.02 miles away
Military Bases
Naval Avionics Center
18 minute drive / 8.82 miles away
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 | $1,204 | $556 | $6,490 |
| Indianapolis 1 Bedroom Apartments | $1,378 | $544 | $4,102 |
| Indianapolis 2 Bedroom Apartments | $1,666 | $650 | $9,214 |
| Indianapolis 3 Bedroom Apartments | $2,008 | $799 | $9,126 |
| Indianapolis 4 Bedroom Apartments | $2,006 | $600 | $9,375 |
| Indianapolis 5 Bedroom Apartments | $5,106 | $950 | $10,000+ |
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Viewing: The Preserve on Allisonville Townhomes | Desktop Version | Listing Updated: 07/24/2026 | AHLDIA
Max of 2. | Restrictions: None.