Lockerbie Lofts offers residents a home in the heart of it all. Our downtown Indianapolis apartments incorporate cutting-edge design, luxe amenities and a location that can't be beat. Experience what sets us apart with a personal tour today. Our studio, one-bedroom and two-bedroom options allow our residents to choose their ideal floor plan. Within our spacious, open-concept layouts, discover all of the modern amenities and finishes you've been seeking-from stainless steel kitchen appliances to striking downtown Indy views right from your living room. Live comfortably and in style, with space, you'll love showing off to friends and family. Throughout our beautifully maintained community, find a wide array of resident activities, amenities and services designed to bring the neighborhood together. You can enjoy the lush greenery in our courtyards and warm sunny days spent relaxing by the pool. Your pets will love it here, too, as our pet-friendly community makes room for every member of the family. And no matter what you need, our on-site management team is here to help. Cats allowed, Dogs allowed, Pet friendly, Car charging, Courtyard, 24hr gym, Parking, Pool, Bike storage, Garage, On-site laundry, 24hr maintenance, Coffee bar, E-payments, Hot tub, Internet access & Online portal.
RentalSource last checked: April 27, 2026 · 6:00 AM ET
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Property Summary
Property Type:
Apartment
Rental Fee:
$1,503 - $1,759
Bedrooms:
1-2 beds
Bathrooms:
1-2 baths
Size:
Inquire
Pet Friendly:
Yes
Has Garage:
Yes
ID:
70829614
Property Amenities
• Garage
• High-Speed Internet
• Pet Friendly
Community Features
• Bike Paths
• Courtyard
• Fitness Center
• Spa/Jacuzzi
• Laundry Facilities
• Pool
• Parking
• Storage
Unit Rates
Name
Beds
Baths
Sqft
Rent
The Webber
1
1
-
$1,503 - $1,513
The Tate
2
2
-
$1,759
Leasing Information
Pet fee: $150 per pet. Pet limit: 2 pets maximum. Pet rent: $25/month per pet. Pet restrictions: With Breed Restrictions.
Additional Details
Apartments for rent in Indianapolis for $1,503-$1,759 with 1-2 beds, 1-2 baths, pet friendly and located within Lockerbie Lofts at 640 E Michigan St in Indianapolis, IN 46202. The averaged rental price of $1,631 is 33.8% ($412) higher than the average rent of $1,219 for apartments in Indianapolis, IN and 34.0% ($414) higher than the average rent of $1,217 for apartments in Marion County. This apartment is in the Indianapolis Public School District and the nearest schools are Center For Inquiry School 2, Arlington Community Middle School and Arsenal Technical High School. Lockerbie Lofts was advertised by Lockerbie Lofts 6+ months ago and last updated on April 27, 2026 at 6:00 AM ET.
Affordability Calculator
Can I afford to live at 640 E Michigan St?
Bedrooms
1 bedroom
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Recommended income
$60,120 /year
With your chosen rent-to-income ratio, an annual income of $60,120 is recommended to comfortably afford this 1-bedroom rental priced at $1,503 per month.
