Luxury Apartments for Rent in the Canal Walk Neighborhood of Indianapolis, IN (38 Rentals)

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The most luxurious Apartments in the Canal Walk area of Indianapolis with high-end amenities, features, and finishes.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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250 S Meridian St
2 Bedroom Apartments

250 S Meridian St

250 S Meridian StIndianapolis, IN 46225
  • Utilities Included
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The Pointe on Mass
1 Bedroom Apartments

The Pointe on Mass

551 Massachusetts AveIndianapolis, IN 46204

Canal Walk - One of the Best Affordable Neighborhoods in Indianapolis

Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

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632 MLK Apartments
Studio to 4 Bedroom Apartments

632 MLK Apartments

632 Dr Martin Luther King Jr StIndianapolis, IN 46202
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520 E Washington St
Studio to 2 Bedroom Apartments

520 E Washington St

520 E Washington StIndianapolis, IN 46204

Canal Walk, Indianapolis, IN Local Guide

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Canal Walk, Indianapolis, IN

Ranked #7

Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals in cities and towns across the United States and customized analysis for Indianapolis, Indiana. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, pet-friendly features, family-friendliness, proximity to transit, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Luxury Living Rating

Canal Walk has established a name for itself as amongst the finest upscale submarkets in town, with a score of 4.0 out of 4. Luxury Lifestyle Scoring is based on having high-end community amenities like olympic-sized pools, maid services, gardens, nearby parks, and amenities like granite countertops, range hoods, and high-end appliances. Other luxury items often include tile, hardwood, and fine carpeting, sports like tennis and raquetball, and for some communities, even a doorman to greet residents.

Frequently Asked Questions about Canal Walk

How much are Studio apartments in Canal Walk?

There are currently 41 Studio Apartments in Canal Walk with rent ranges from $640 to $3,241 with an average price of $1,410.

What is the current price range for One Bedroom Canal Walk Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Canal Walk ranges from $750 to $4,103 with an average monthly rent of $1,627.

What does renting a Two Bedroom Apartment in Canal Walk cost?

The monthly rent prices of Two Bedroom Apartments currently available in Canal Walk range from $1,049 to $9,099. Today's average rental price for Two Bedrooms here is $2,463.

How expensive are Canal Walk Three Bedroom Apartments?

There are currently 17 Three Bedroom Apartments listings available in Canal Walk on ApartmentHomeLiving.com. The pricing ranges from $1,995 to $9,136 - averaging $3,366 for the location.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis

Written by: Wendy Melton

Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.