Your message has been sent! Thank you!

Waterford Place Apartments

Verified
This is a CoStar Verified® Listing

Waterford Place Apartments in Indianapolis, IN is verified by CoStar’s® proprietary screening and fraud detection process, so you can shop and rent with confidence on ApartmentHomeLiving.com. Always protect yourself when shopping online.

(463) 444-7863
Check Availability
1009 Lismore Ln, Indianapolis, IN 46227

Contact

Waterford Place Apartments

1009 Lismore Ln
Indianapolis, IN 46227
(463) 444-7863
Waterford Place Apartments in Indianapolis, IN - Building Photo
  • 1–2 Bedrooms
  • $995-$1,535 Pricing
  • 650–1,200 Square Feet

Rent Specials

Memorial Day Special~~Be approved and move in by Memorial Day, May 25th (or sooner), and receive half off your first month's rent. *Must mention the offer at the time of applying to be eligible

About Waterford Place Apartments

Waterford Place Apartments is located in the Hill Valley Neighborhood and 46227 Zip code of Indianapolis, IN. This community is professionally managed by Mark III Management Corp.

Property Contact Info

Floorplan Pricing and Availability

Waterford Place Apartments offers 1 to 2 Bedroom apartments starting from $995 and having 650–1,200 sq ft. Here is the current pricing and availability:

  • 1 Bedroom

    The Limerick

    From $995

    1 Bed, 1 Bath, 650 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    From $995Available NowThe Limerick650 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Cable Ready
    • Heating
    • Storage Space
    • Tub/Shower
    • Washer/Dryer Hookup

    Kitchen

    • Dishwasher
    • Disposal
    • Kitchen
    • Range
    • Refrigerator

    Living Space

    • Carpet
    • Dining Room
    • Vaulted Ceiling
    • Views
    • Walk-In Closets
    • Window Coverings

    Outdoor Space

    • Patio

    Model Rent and Fees

    Model Price Range

    • $995 - $1,095
  • 2 Bedrooms

    The Dublin

    From $1,165

    2 Beds, 1 Bath, 850 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    From $1,165Available NowThe Dublin850 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Cable Ready
    • Heating
    • Storage Space
    • Tub/Shower
    • Washer/Dryer Hookup

    Kitchen

    • Dishwasher
    • Disposal
    • Kitchen
    • Range

    Living Space

    • Carpet
    • Dining Room
    • Vaulted Ceiling
    • Walk-In Closets
    • Window Coverings

    Outdoor Space

    • Patio

    Model Rent and Fees

    Model Price Range

    • $1,165 - $1,260

    The Donegal

    From $1,295

    2 Beds, 1.5 Baths, 1050 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    From $1,295Available NowThe Donegal1050 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Cable Ready
    • Heating
    • Storage Space
    • Tub/Shower
    • Washer/Dryer Hookup

    Kitchen

    • Dishwasher
    • Disposal
    • Kitchen
    • Range
    • Refrigerator

    Living Space

    • Carpet
    • Dining Room
    • Vaulted Ceiling
    • Walk-In Closets
    • Window Coverings

    Outdoor Space

    • Patio

    Model Rent and Fees

    Model Price Range

    • $1,295 - $1,315

    The Kildare

    From $1,335

    2 Beds, 2 Baths, 1100 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    From $1,335Available NowThe Kildare1100 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Balcony
    • Cable Ready
    • Heating
    • Storage Space
    • Tub/Shower
    • Washer/Dryer Hookup

    Kitchen

    • Dishwasher
    • Disposal
    • Kitchen
    • Range
    • Refrigerator

    Living Space

    • Carpet
    • Dining Room
    • Vaulted Ceiling
    • Walk-In Closets
    • Window Coverings

    Outdoor Space

    • Patio

    Model Rent and Fees

    Model Price Range

    • $1,335 - $1,355

    The Cottage

    2 Beds, 2 Baths, 1200 sq ft
     
    Largest 2 BedroomThis is the largest 2 Bedroom at this Property

    Availability Details

    PriceAvailability DateUnitSq Ft
    From $1,485Call for AvailabilityThe Cottage1200 sq ft

    Model Amenities and Features

    Features

    • Cable Ready
    • Heating
    • High Speed Internet Access
    • Smoke Free
    • Storage Space
    • Tub/Shower
    • Washer/Dryer Hookup

    Kitchen

    • Dishwasher
    • Disposal
    • Kitchen
    • Range
    • Refrigerator

    Living Space

    • Carpet
    • Dining Room
    • Vaulted Ceiling
    • Walk-In Closets
    • Window Coverings

    Outdoor Space

    • Patio

    Model Rent and Fees

    Model Price Range

    • $1,485 - $1,535
    Show Unavailable Floorplans
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

Schedule a Tour
Call us at: (463) 444-7863 to schedule a tour.

3D Tours

Property Information

  • 260 Units
  • 2 Stories
  • Built in 1986

Lease Terms

  • 12 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.

Required Fees

One-Time Basics

Due at Application
Application Fee Per ApplicantiCharged Per Applicant.$50.00

Pet Policy and Fees

Cats
  • 2 Pet Limit
  • Spayed/Neutered
Dogs
  • 2 Pet Limit
  • Spayed/Neutered
Restrictions:

Breed restrictions apply.

Parking Info and Fees

Surface Lot
CoverediCarport

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

On-Site Services

  • Car Wash Area
  • Maintenance On Site
  • Property Manager On Site
  • Pet Play Area
  • Health Club Discount
  • Online Services
  • Laundry Facilities

Community Features

  • Walk Up

Outdoor Features

  • Pond
  • Sundeck
  • Waterfront
  • Patio

Recreation and Fitness

  • Fitness Center
  • Pool

Interior Features

  • Balcony
  • Storage Space
  • High Speed Internet Access
  • Heating
  • Tub/Shower
  • Cable Ready
  • Washer/Dryer Hookup
  • Air Conditioning
  • Smoke Free

Kitchen Amenities

  • Disposal
  • Freezer
  • Ice Maker
  • Kitchen
  • Dishwasher
  • Eat In Kitchen
  • Microwave
  • Island Kitchen
  • Range
  • Refrigerator
  • Oven
  • Granite Countertops

Living Area Features

  • Walk In Closets
  • Vaulted Ceiling
  • Dining Room
  • Carpet
  • Vinyl Flooring
  • Linen Closet
  • Views
  • Window Coverings
  • Large Bedrooms
Google Map

Map

1009 Lismore Ln, Indianapolis, IN 46227

Hours and Contact Info

Call Us - Open Now!
Currently Closed
By Appointment
Monday9:00 am–5:30 pm
Tuesday9:00 am–5:30 pm
Wednesday9:00 am–5:30 pm
Thursday9:00 am–5:30 pm
Friday9:00 am–4:30 pm
SaturdayBy Appointment
SundayClosed

Frequently Asked Questions about Waterford Place Apartments

Where is Waterford Place Apartments located?

Waterford Place Apartments is located at 1009 Lismore Ln near the Hill Valley area of Indianapolis, IN

What is the current rent range at Waterford Place Apartments?

1 Bedroom to 2 Bedroom Apartments at Waterford Place Apartments currently range from $995 to $1,355

When is the leasing office open?

  • The office Hours for Waterford Place Apartments are
  • Monday 9:00 am–5:30 pm
  • Tuesday 9:00 am–5:30 pm
  • Wednesday 9:00 am–5:30 pm
  • Thursday 9:00 am–5:30 pm
  • Friday 9:00 am–4:30 pm
  • Saturday By Appointment
  • 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 Waterford Place Apartments is: Memorial Day Special~~Be approved and move in by Memorial Day, May 25th (or sooner), and receive half off your first month's rent. *Must mention the offer at the time of applying to be eligible.

Lifestyle Ratings

  • Affordability Nice Value3.4

    The Waterford Place Apartments Apartments are 7.55% cheaper than the average apartment in the Hill Valley area, and 28.6% cheaper than the average apartment city-wide.

    Rent Comparison to the Hill Valley Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    1 Bedroom$995$1,065-$70-6.6%
    2 Bedroom$1,165$1,273-$108-8.5%

    Rent Comparison to the city of Indianapolis

    FloorplanLowest Price HereCity Average RentCost Difference%
    1 Bedroom$995$1,372-$377-27.5%
    2 Bedroom$1,165$1,658-$493-29.7%

    Methodology: On 05/17/2026, ApartmentHomeLiving.com compared current rents by floorplan to 71 other apartment communities in the immediate area around Waterford Place Apartments (Hill Valley), and 2111 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 05/17/2026

Learn more about Lifestyle Search

Renters Reviews and Ratings

1.5
2 Renters Reviews
  • A van might be better...

    April 7, 2024
    The noise in this apartment is by far the worst I have ever experienced in any apartment. I have sent multiple emails to the manager regarding extremely loud popping noises from the upstairs apartment and nothing has been done. I have also dealt with a stereo so loud that you could hear it in the parking lot. The noise is affecting my mental health and giving me anxiety. I work too hard and pay too much in rent to be stressed out at home. The hallway smells like weed. Dogs run around off ...
    leash. Grass seems to never get cut. People race through the parking lot like it is the Indy 500. I don't recommend this place at all.
    Read More
    Review from Apartments.com
  • Nice apartments Rough environment

    March 2, 2022
    I lived here for 9 months and let’s just say I was very happy to leave. The apartments themselves are nice. They are not the reason why I moved. I moved for a bigger space for me and my dog. There were a few things that I noticed that was done cheaply like paint bubbles on the walls and all of the vents looked like they haven’t been cleaned in years. It was mostly just little things that we noticed. It’s what’s around you that sucks. We had terrible neighbors who made constant noise all the time ...
    and when we went to Management and filed a complaint they say they would call them but the noise never stopped. It got to the point where I couldn’t work or do school work in my own apartment. If you have pets and you live facing the pond then prepare for the geese poop Because you will have A LOT of it. I would have to rake the yard almost every day because the geese would all walk by and poop everywhere. I would walk my dog with my fiancé and she would get cat called which is unacceptable. Someone even stole our pooper scooper which isn’t a big deal but who will go that low to steal that. If you can keep to yourself then the apartments are nice and not a bad place.
    Read More
    Review from Apartments.com

Nearby Schools

Perry Meridian 6th Grade Academy

Perry Township Schools
202 West Meridian School Road
Public School - Grades K-8 (620 Students)
In Attendance Zone3 minute drive / 1.2 miles away
7/10

Perry Meridian High School

Perry Township Schools
401 West Meridian School Road
Public School - Grades 9-12 (2350 Students)
In Attendance Zone4 minute drive / 1.4 miles away
9/10

Perry Meridian Middle School

Perry Township Schools
202 West Meridian School Road
Public School - Grades 6-8 (1292 Students)
In Attendance Zone3 minute drive / 1.2 miles away
7/10

Douglas Macarthur Elementary School

Perry Township Schools
454 East Stop 11 Road
Public School - Grades PK-5 (794 Students)
In Attendance Zone2 minute drive / 0.7 miles away
5/10
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 Waterford Place Apartments.

Arts Museums and Landmarks

Lucas Oil Stadium

500 South Capitol Ave
17 minute drive / 8.09 miles away

ArtsGarden

50 W. Washington Street
17 minute drive / 8.16 miles away

Indianapolis Repertory Theater

140 W. Washington Street
17 minute drive / 8.18 miles away

Big Box and Retail

Walmart

7245 US Highway 31 S
2 minute drive / 0.73 miles away

Lowe's

8850 Madison Ave
4 minute drive / 1.39 miles away

Walgreens

1290 N State Road 135
4 minute drive / 1.47 miles away

Colleges and Universities

University of Indianapolis

1400 E Hanna Ave
8 minute drive / 4.11 miles away

Indiana University-Indianapolis

425 University Blvd
18 minute drive / 8.79 miles away

Indiana University School of Medicine

340 W 10th St
20 minute drive / 9.56 miles away

Groceries

Kroger

5937 Madison Ave
4 minute drive / 2.17 miles away

Aldi

300 S IN- 135
6 minute drive / 2.88 miles away

Hospitals

Community Hospital South

1402 E County Line Rd S
3 minute drive / 1.05 miles away

Franciscan Health Indianapolis

8111 S Emerson Ave
6 minute drive / 3.05 miles away

Valle Vista Health System

898 E Main St
8 minute drive / 3.78 miles away

Military Bases

Naval Avionics Center

23 minute drive / 10.74 miles away

Parks and Recreation

Garfirled Conservatory

2505 Conservatory Drive
11 minute drive / 5.57 miles away

White River State Park

White River State Park
17 minute drive / 8.33 miles away

Benjamin Harrison House

1230 North Delaware Street
19 minute drive / 9.26 miles away

Waterford Place Apartments has 3 parks within 9.3 miles, including Garfirled Conservatory, White River State Park, and Benjamin Harrison House.

Restaurants and Dining

Iaria's Italian Restaurant

317 South College Avenue
16 minute drive / 7.74 miles away

Gabriel's Cafe

320 North Meridian St
18 minute drive / 8.48 miles away

Elements

415 North Alabama Street
18 minute drive / 8.52 miles away

Shopping Centers

Shelby Street Shoppes

1102 E Stop 11 Rd
1 minute drive / 0.09 miles away

Greenwood Point

8014-8050 US Highway 31 S
1 minute drive / 0.17 miles away

Southwood Shopping Center

Rte 31
1 minute drive / 0.18 miles away

Waterford Place Apartments has 5 shopping centers within 0.5 miles.

Nearby Neighborhoods

Buffalo Creek

Studio to 4 Bedroom Apartments from $775
View Rentals

Winchester Village

Studio to 4 Bedroom Apartments from $775
View Rentals

Hill Valley

Studio to 4 Bedroom Apartments from $830
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Indianapolis Studio Apartments $1,200$495$5,104
Indianapolis 1 Bedroom Apartments $1,372$544$4,071
Indianapolis 2 Bedroom Apartments $1,658$545$8,473
Indianapolis 3 Bedroom Apartments $2,029$626$9,886
Indianapolis 4 Bedroom Apartments $2,223$600$10,000+
Indianapolis 5 Bedroom Apartments $11,520$6,051$10,000+

Browse Top Apartments in Indianapolis

Viewing: Waterford Place Apartments | Desktop Version | Listing Updated: 05/15/2026 | AHLGLD