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Drake Street Garden Homes

📍 512 Drake Street, Indianapolis, IN 46202

Monthly Rent

$900

Bedrooms

2 bd

Bathrooms

1 ba

Sq Feet

846 sq ft

Updated 11 days ago

📋 Property Overview

A home in Downtown Indianapolis, Indianapolis, Indiana with 2 bd / 1 ba. Interior space is 846 sq ft. Rent is $900 a month. Leases run 12 months. Availability: Available now. With a Walk Score of 65, some errands can be done on foot. Transit Score is 49. Rent sits 33% below the area median ($1,350).

🚶 Getting Around

  • Walk Score65/100

    Somewhat Walkable

  • Transit Score49/100

    Some Transit

11 transit routes nearby

  • 11Bus
2 bedroom · typical rent nearby$1,489

Market trend: Falling · as of August 2026

💵 Costs & Lease

Lease length
12 months
Units available
3 units

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

📐 Floor Plan Details

  • 2 BR 8192 bd · 1 ba · 846 sq ft$9001 unit available
  • 2 BR 8262 bd · 1 ba · 846 sq ftNone available right now
  • 2 BR 8172 bd · 1 ba · 846 sq ftNone available right now
  • 2 BR 8222 bd · 1 ba · 846 sq ftNone available right now
  • 2 BR 8272 bd · 1 ba · 846 sq ft$9001 unit available
  • 2 BR 8082 bd · 1 ba · 846 sq ftNone available right now
  • 2 BR 8252 bd · 1 ba · 846 sq ft$9001 unit available

🧾 Move-in Costs & Lease

Lease length
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

Estimated range for Indiana at $20,000 – $24,999 of personal property

$14–$16/ monthEstimate — not a quote

About $177–$185 a year.

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.

Compare what companies charge and get a real quote

✅ Who Qualifies

Must have 3.5x the rent in total household income (before taxes)

✨ Features & Details

  • 846 sq ft

📊 Property Facts

Walk Score
65 · Somewhat Walkable
Transit Score
49 · Some Transit

🎓 Nearby Schools

  • Crispus Attucks Medical Magnet High School (9-12) · 9-121/10 · 0.1 mi
  • George and Veronica Phalen Leadership Academy · K-76/10 · 0.7 mi
  • Herron High School · 9-1210/10 · 0.8 mi
  • Riverside School 44 · 3-61/10 · 1.1 mi
  • Center for Inquiry School 2 · K-86/10 · 1.1 mi
  • George Washington Carver School 87 · PK-85/10 · 1.2 mi
  • Center for Inquiry School 27 · PK-82/10 · 1.2 mi
  • Vision Academy · K-81/10 · 1.2 mi
  • Tindley Genesis Academy · K-46/10 · 1.4 mi
  • Excel Center For Adult Learners · 11-121/10 · 1.4 mi

🏡 Floor Plans

  • R 560

    Availability: available

    $900

  • Z 1234

    Availability: available

    $900

  • X 1230

    Availability: available

    $900

❓ Frequently Asked Questions

$900

per month

Available Now
2 bd
1 ba
846 sq ft

Use the buttons at the bottom of the screen to schedule a tour or apply online. Applications are reviewed within 1–3 business days.

💬 Questions about this property?

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