Colonial Square

📍 5650 Renn Lane, Indianapolis, IN 46254

📋 Property Overview

At Colonial Square you get 1 bd / 1 ba. The floor plan measures 744 sq ft. Rents run from $920 to $1,245 a month. Features in the home include refrigerator, bathtub, garbage disposal and patio / balcony. The building offers dogs allowed, playground, cats allowed and on-site laundry. Pets are allowed (dogs and cats), with pet rent of $300 per pet. Residents have access to open lot: included in lease and covered parking. The standard lease term is 6 months. Availability: Available now. Included in the rent: sewer, trash, water and gas. The Walk Score here is 15, meaning most errands need a car. Transit Score is 30. That is 32% below the local median of $1,350.

🚶 Getting Around

• Walk Score15/100

  Car-Dependent

• Transit Score30/100

  Some Transit

💵 Costs & Lease

Deposit

Up to one month's rent

Lease length

6 months

Units available

4 units

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

📐 Floor Plan Details

• Two Bedroom Apartment2 bd · 1 ba · 990 sq ftNone available right now
• Three Bedroom Townhome3 bd · 1.5 ba$1,2451 unit available
• One Bedroom Apartment1 bd · 1 ba · 744 sq ft$9201 unit available
• Two Bedroom Townhome2 bd · 1.5 ba · 992 sq ft$1,1202 units available

🧾 Move-in Costs & Lease

Security deposit

Up to one month's rent

Lease length

6 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.

💡 Utilities Included

• Gas
• Sewer
• Trash
• Water

✅ Who Qualifies

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

🐾 Pets

Pets

Allowed

Types

Cats, Dogs

Pet deposit

$300 per pet

Limit

2 pets

Restrictions

Breed restrictions apply. Weight limit 25 lbs.

✨ Features & Details

• Pet Friendly
• On-site laundry
• Patio / balcony
• 24hr maintenance
• Parking
• Air conditioning
• Garbage disposal
• Bathtub
• Oven
• Range
• Refrigerator
• Business center
• Clubhouse
• Playground
• Cats allowed
• Dogs allowed
• Accepts section 8
• CC payments
• E-payments
• Internet access
• Online portal
• 1082 sq ft
• 744 sq ft
• 992 sq ft

📊 Property Facts

Walk Score

15 · Car-Dependent

Transit Score

30 · Some Transit

🚗 Parking

• Open lot: included in lease
• Covered parking

🎓 Nearby Schools

• Jonathan Jennings School 109 · K-62/10 · 0.6 mi
• Enlace Academy · K-82/10 · 0.9 mi
• Meredith Nicholson School 96 · K-64/10 · 1.0 mi
• Snacks Crossing Elementary School · PK-53/10 · 1.1 mi
• Deer Run Elementary School · K-54/10 · 1.1 mi
• Eagle Creek Elementary School · K-54/10 · 1.2 mi
• Guion Creek Middle School · 6-82/10 · 1.4 mi
• Northwest Community High School (7-8) · 7-81/10 · 1.4 mi
• Northwest Community High School (9-12) · 9-122/10 · 1.4 mi
• Lew Wallace School 107 · PK-62/10 · 1.5 mi

🏡 Floor Plans

00204

1,082 sq ft · 6 mo

Available now

$1,245

00904

744 sq ft · 6 mo

Oct 13, 2026

$920

00105

992 sq ft · 6 mo

Oct 8, 2026

$1,120

02202

992 sq ft · 6 mo

Available now

$1,145