Ready for Immediate Move-In. 1Bed/1Bath Duplex in Near Eastside near Historic Irvington - Bright Interiors, In-Unit Laundry Hookups, Shared Yard, Easy Downtown Access.
Home includes a cozy living room, kitchen, 1 bedroom, 1 bathroom, and washer/dryer hookups. The functional kitchen comes equipped with an included refrigerator and range.
Animals? YES. Water and sewer are shared utility charges that will be billed to the tenants monthly. Electricity and gas, on the other hand, must be transferred to the tenant's name.
Monthly Rent Breakdown: Total Estimated Monthly Rent: $1,053.99. Base Rent: $920. Resident Benefits Package (Required): $69.99. Shared Utility Charge: (Water, Sewer) $64. Pet Rent (If applicable): $20 - $60/mo per pet. Any utilities not included in the rent or shared with other units will need to be transferred to the tenant's name.
Move-In Costs & Security Deposit Section: (Leasing specials not yet applied, if applicable).
Move-In Upfront Costs: $1,153.99. First Month's Rent & RBP: $989.99. Prorated Utility Charge: Varies based on move-in date $64. Document Processing Fee: (one-time) $100. Non Refundable Pet Deposit (If applicable): one time $250.
Security Deposit & Guarantor Coverage: Security deposit requirements vary based on screening results. Most fully approved applicants pay a cash deposit equal to one month's rent, While conditionally approved applicants may qualify by purchasing a policy through TheGuarantors and paying an additional security deposit equal to half of the base rent.
At PMI, 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.... Our program handles insurance, pest control, air filter changes, utility set up, Credit Building, Resident Rewards, Identity Protection, and more at a rate of $69.99/month, added to every property as a required program. More details upon application.
If you provide your own insurance policy, the RBP cost will be reduced by the amount of the insurance premium billed by Second Nature Insurance Services (NPN No. 20224621). Amenities: Range/Oven. Parking: on-street.
8 days on RentalSource
RentalSource last checked: 1 hour ago · Listing updated: November 14, 2026
This 1-bedroom, 1-bathroom apartment at 4312 E Michigan St in Indianapolis, IN 46201 rents for $1,054 a month. It has 672 square feet and is pet friendly. 4312 E Michigan St was advertised by PMI Indianapolis on November 7, 2026.
How the Rent Compares
At $1,054 a month, this apartment is above the typical rent for 1-bedroom apartments and condos in Indianapolis (about $920).
Typical $920This home $1,054
$750$1,370
From 189 one-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.
$920Typical rent for 1-bedroom apartments and condos in Indianapolis
The rent has gone up from $990 to $1,054 since it was listed on November 7. This home was last listed for rent on RentalSource from July to October 2026, starting at $800 and ending at $775. Today's rent is $279 higher.
Rent history for this home, newest first
Date
Event
Rent
Change
November 14, 2026
Price change
$1,054+6.5%
+6.5%
November 7, 2026
Listed for rent
$990+27.7%
+27.7%
October 19, 2026
Listing removed
$775
September 11, 2026
Price change
$775−3.1%
−3.1%
July 22, 2026
Listed for rent
$800
These are listed prices. What renters actually paid may have been different.
Affordability Calculator
Can I afford to live at 4312 E Michigan St?
Bedrooms
1 bedroom
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Recommended income
$44,920 /year
With your chosen rent-to-income ratio, an annual income of $44,920 is recommended to comfortably afford this 1-bedroom rental priced at $1,054 per month ($1,123 with required fees).
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