1 / 2

423 Villa Ave

Apartment
1 beds
1 baths
593 sqft

About 423 Villa Ave

Now Accepting Housing Assistance. Discover this updated 2-bedroom, 1-bath duplex offering 900 sq. ft. of comfortable living in the desirable Fountain Square area of Indianapolis. The open layout features a bright living room, a spacious eat-in kitchen with modern finishes and two well-sized bedrooms. The full bathroom includes updated fixtures and durable flooring throughout makes upkeep simple. Enjoy a private front entrance, off-street parking and washer/dryer hookups for everyday convenience. The property also includes a shared backyard with space to relax outdoors. Located just blocks from Fountain Square's restaurants, cafes and boutiques, you'll have easy access to local favorites like Bluebeard, LA Margarita, HI-FI Indy and Amelia's Bakery. Commuting is simple with nearby access to I-65, I-70 and downtown Indianapolis less than 10 minutes away. This home offers neighborhood charm, walkable amenities and easy city access, ideal for anyone looking to live close to the excitement of Fountain Square. At Pmi Midwest, we strive to provide an experience that is cost-effective and convenient. That's why we provide a Resident Benefits Package (rbp) to address common headaches for our residents and provide must-have services for our renters. The Total Monthly Price of $840.45 includes rent, pest control, air filter delivery, utility setup assistance, credit building and more at a rate of $41.45/month, required with the rental. Residents have the option to personalize some components during onboarding, which may increase or decrease the monthly amount. More details upon application. Pet Friendly, Lawn, Porch, Range Oven, Refrigerator, Window Coverings & Carpet.
RentalSource last checked: June 12, 2026 · 6:07 AM ET
Managed by: PMI Midwest · (317) 342-0909 ·
Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type: Apartment
Rental Fee: $799
Bedrooms: 1 beds
Bathrooms: 1 baths
Size: 593 sqft
Pet Friendly: Yes
Listing Status: Active
ID: 83808337

Property Amenities

•  Balcony/Patio
•  Carpeted Floors
•  Pet Friendly
•  Refrigerator
•  Washer/Dryer In Unit

Community Features

•  Parking

Leasing Information

Fees: Rent $799 (mandatory, monthly). Resident Benefit Package $41 (mandatory, monthly). Lease Doc Prep $75 (mandatory, nonrefundable, move-in). Security deposit $799 (mandatory, refundable, move-in). Application fee $65 (mandatory, nonrefundable, pre-move-in). Lease term: 12 months.

Additional Details

Apartment for rent in Indianapolis for $799 with 1 bed, 1 bath, 593 sqft, pet friendly and located at 423 Villa Ave in Indianapolis, IN 46201. The rental price of $799 is 25.0% ($267) lower than the average rent of $1,066 for a 1 bedroom apartment in Indianapolis, IN and 25.0% ($266) lower than the average rent of $1,065 for a 1 bedroom apartment in Marion County. 423 Villa Ave was advertised by PMI Midwest today at 6:07 AM ET.

Affordability Calculator

Can I afford to live at 423 Villa Ave?
Bedrooms
1 bedroom
30%
10% Recommended 50%
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
$31,960 /year
With your chosen rent-to-income ratio, an annual income of $31,960 is recommended to comfortably afford this 1-bedroom rental priced at $799 per month.
For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.
Apartment for rent
$799
Interested in 423 Villa Ave?
Find out more about this property & see if it's available now.
Property managed by:
PMI Midwest
(317) 342-0909
Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.

Ask About 423 Villa Ave

423 Villa Ave, Indianapolis, IN 46201 - Apartment for Rent
What's New on the Blog

Explore recent posts on our blog, curated for renters, landlords, and industry pros.

List Your Property for Rent

Are You a Rental Professional?

Advertise on RentalSource, Zillow, Realtor.com, Zumper and more to attract quality tenants faster and take your listings to the next level.

Was this page helpful?  HelpfulUnhelpful