Riley Towers Apartments of Indianapolis

📍 650 Alabama Street, Indianapolis, IN 46204

📋 Property Overview

In Downtown Indianapolis, Indianapolis, Indiana, this home offers Studio - 3 bd, 1 ba. It measures 399 sq ft. Monthly rent ranges $1,080-$2,475. Inside, the home includes air conditioning, patio / balcony, dishwasher and microwave. Shared amenities include dogs allowed, garage, gym and package receiving. Pets are allowed (cats and dogs), with pet rent of $30. Parking is available: parking. The standard lease term is 12 months. Availability: Available now. The Walk Score here is 95, meaning most errands can be done on foot. Transit Score is 59. That is 20% below the local median of $1,350.

🚶 Getting Around

• Walk Score95/100

  Walker's Paradise

• Transit Score59/100

  Good Transit

💵 Costs & Lease

Deposit

$450

Lease length

12 months

Units available

30 units

Amounts are as published by the source and may change. Confirm before applying.

📐 Floor Plan Details

• B12 bd · 2 ba · 954 sq ftNone available right now
• AD1 bd · 1 ba · 724 sq ftNone available right now
• S14Studio · 1 ba · 525 sq ft$1,1801 unit available
• C23 bd · 2.5 ba · 1,500 sq ftNone available right now
• S17Studio · 1 ba · 570 sq ftNone available right now
• A21 bd · 1 ba · 713 sq ft$1,4654 units available
• C13 bd · 2 ba · 1,190 sq ft$2,4052 units available
• A11 bd · 1 ba · 654 sq ft$1,3253 units available
• S1Studio · 1 ba · 355 sq ftNone available right now
• A51 bd · 1 ba · 729 sq ft$1,2656 units available
• B22 bd · 2 ba · 990 sq ftNone available right now
• S10Studio · 1 ba · 470 sq ftNone available right now

🧾 Move-in Costs & Lease

Security deposit

$450

Move-in fee

$150 (non-refundable)

Other fees

washer and dryer: $40/month

Lease length

12 months

Lease options

12 months

Available

Available now

Application fee

$60 per applicant, paid to RivoRent

Property amounts are as published by the source and may change. Confirm before applying. The application fee is RivoRent's own and is the same on every listing.

🛡️ Renters Insurance — Estimated Cost

Based on what Indiana renters actually paid: NAIC industry data for 2023 (average HO-4 premium, 388,827 policy-years), adjusted to July 2026 with the U.S. Bureau of Labor Statistics tenants' insurance index. It is a market average, not a price for this building and not a price for you.

Your own price depends most on your credit-based insurance score, your claims history and which carrier you choose. In published Ohio figures the same coverage ranges from $127 a year at excellent credit to $933 at poor credit. We do not ask for any of that, so we cannot narrow this for you.

✅ Who Qualifies

Must have 3x the rent in total household income (before taxes)

🐾 Pets

Pets

Allowed

Types

Cats, Dogs

Pet rent

$30

One-time pet fee

$300

Limit

2 pets

✨ Features & Details

• Pet Friendly
• In unit laundry
• Patio / balcony
• Dishwasher
• 24hr maintenance
• Garage
• Extra storage
• Air conditioning
• Furnished
• Bathtub
• Carpet
• Ceiling fan
• Garbage disposal
• Microwave
• Oven
• Range
• Refrigerator
• Clubhouse
• Gym
• On-site laundry
• Pool
• Hot tub
• Sauna
• Cats allowed
• Dogs allowed
• Accessible
• Elevator
• Parking
• 24hr concierge
• Bbq/grill
• Business center
• CC payments
• Courtyard
• E-payments
• Fire pit
• Guest suite
• Internet access
• Internet cafe
• Online portal
• Package receiving
• Pool table
• Trash valet
• 525 sq ft
• 713 sq ft
• 1190 sq ft
• 654 sq ft
• 729 sq ft
• 510 sq ft
• 399 sq ft
• 411 sq ft
• 430 sq ft

📊 Property Facts

Walk Score

95 · Walker's Paradise

Transit Score

59 · Good Transit

🚗 Parking

• Parking

🎓 Nearby Schools

• Center for Inquiry School 2 · K-86/10 · 0.2 mi
• Herron High School · 9-1210/10 · 0.9 mi
• George and Veronica Phalen Leadership Academy · K-76/10 · 0.9 mi
• Crispus Attucks Medical Magnet High School (9-12) · 9-121/10 · 1.0 mi
• Arsenal Technical High School · 9-121/10 · 1.0 mi
• Center for Inquiry School 27 · PK-82/10 · 1.1 mi
• H.L. Harshman Magnet Middle School · 7-82/10 · 1.1 mi
• Theodore Potter School 74 · K-62/10 · 1.2 mi
• Thomas D. Gregg School 15 · PK-62/10 · 1.7 mi
• William McKinley School 39 · PK-65/10 · 1.8 mi

🏡 Floor Plans

30221

525 sq ft · 12 mo

Available now

$1,180

11104

713 sq ft · 12 mo

Sep 26, 2026

$1,465

11903

713 sq ft · 12 mo

Nov 21, 2026

$1,485

21200

713 sq ft · 12 mo

Sep 26, 2026

$1,520

21304

713 sq ft · 12 mo

Sep 19, 2026

$1,535

22700

1,190 sq ft · 12 mo

Sep 12, 2026

$2,405