This terrific 3 bedroom / 1.5 bath home is now accepting vouchers. The modern exterior opens up to a bright and spacious interior. With natural wood-look flooring and a light interior, this property shines bright in the natural light throughout. There is a half bathroom on the main level, and a full bath on the upper level. Each bedroom is nicely sized with a fair amount of closet storage. This opportunity won't come around often, so check it out.
All Wilmoth Group residents will be enrolled in a Resident Benefits Package (RBP) and these packages range from $45 - $55 per month and include benefits such as liability insurance, credit building to help boost the resident's credit score with timely rent payments, up to $1M Identity Theft Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, on-demand pest control, and much more. More details upon application.
This home comes with high speed internet up to 1 Gig at an exclusive group rate of $69, and includes 24/7 premium support and setup to help get you connected at move-in. Amenities: Range/Oven. Parking: on-street.
143 days on RentalSource
RentalSource last checked: 11 hours ago · Listing updated: October 31, 2026
This 3-bedroom, 1.5-bathroom apartment at 253 N Gray St in Indianapolis, IN 46201 rents for $1,295 a month. It has 1,176 square feet and is pet friendly. 253 N Gray St was advertised by Wilmoth Group on June 12, 2026.
How the Rent Compares
At $1,295 a month, this apartment is below the typical rent for 3-bedroom apartments and condos in Indianapolis (about $1,440).
Typical $1,440This home $1,295
$1,180$1,890
From 82 three-bedroom apartments and condos listed in Indianapolis on RentalSource in November 2026: the scale holds eight in ten of them, and the shaded band the middle half.
$1,440Typical rent for 3-bedroom apartments and condos in Indianapolis
The rent has dropped 3 times since it was listed on June 12, from $1,660 to $1,295.
Rent history for this home, newest first
Date
Event
Rent
Change
August 13, 2026
Price change
$1,295−7.2%
−7.2%
July 14, 2026
Price change
$1,395−12.5%
−12.5%
July 11, 2026
Price change
$1,595−3.9%
−3.9%
June 12, 2026
Listed for rent
$1,660
These are listed prices. What renters actually paid may have been different.
Affordability Calculator
Can I afford to live at 253 N Gray St?
Bedrooms
3 bedrooms
30%
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Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.
Recommended income
$51,800 /year
With your chosen rent-to-income ratio, an annual income of $51,800 is recommended to comfortably afford this 3-bedroom rental priced at $1,295 per month.
