Welcome to Slate Apartments, located on Virginia Ave, where modern living meets convenience and style. Our community offers a variety of spacious and thoughtfully designed studio, one-bedroom and two-bedroom apartments. Skyline views of Downtown Indianapolis, kitchen islands with waterfall countertops, stainless steel appliances, washer and dryer and large balconies are some of the apartment amenities offered. Community amenities include a top floor fitness room, green roof terrace with grill and surface lot parking for guests. Slate is home to Tappers Arcade and Old National Bank. Located right on the Cultural Trail in the venerable Holy Rosary/Fletcher Place neighborhood/Fountain Fletcher District. Fitness Room, Washer and Dryer Included, Secure Access, Private Outdoor Area, Pet Friendly, Walk In Closet with Closet System, Secure Package Room, Electronic Locks, Green Roof Terrace, Waterfall Counterops, One Parking Space Included, Ev Charging Stations, Large Balcony, Balcony, Refrigerator, Dishwasher, Microwave, Washer and Dryer, Stainless Steel Appliances, Private Outdoor Area With Grill, Oven, Trash & Ice Maker. Pet Friendly.
RentalSource last checked: June 12, 2026 · 1:56 PM ET
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Property Summary
Property Type:
Apartment
Rental Fee:
$1,640 - $2,240
Bedrooms:
1-2 beds
Bathrooms:
1-2.5 baths
Size:
690-1,271 sqft
Pet Friendly:
Yes
Listing Status:
Active
ID:
81451927
Property Amenities
• Balcony/Patio
• Dishwasher
• Microwave
• Pet Friendly
• Refrigerator
• Washer/Dryer In Unit
• Walk-in Closets
Community Features
• Fitness Center
• Parking
Unit Rates
Name
Beds
Baths
Sqft
Rent
1 Bed
1
1
690
$1,640
1 Bed
1
1
690
$1,690
2 Beds
2
2.5
1,271
$2,240
Additional Details
Apartments for rent in Indianapolis for $1,640-$2,240 with 1-2 beds, 1-2.5 baths, 690-1,271 sqft, pet friendly and located at 501 Virginia Ave in Indianapolis, IN 46203. The averaged rental price of $1,940 is 59.1% ($721) higher than the average rent of $1,219 for apartments in Indianapolis, IN and 59.4% ($723) higher than the average rent of $1,217 for apartments in Marion County. 501 Virginia Ave was advertised by Deylen Realty 6+ months ago and last updated yesterday at 1:56 PM ET.
Affordability Calculator
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Bedrooms
1 bedroom
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Recommended income
$65,600 /year
With your chosen rent-to-income ratio, an annual income of $65,600 is recommended to comfortably afford this 1-bedroom rental priced at $1,640 per month.
