The Lakes Apartments
8740 Arborway Ct,
Indianapolis, IN 46268
$1,350 - $1,730 | 1-3 Beds
College Park
Indianapolis, IN
College Park - Indianapolis, IN
Area Guide
College Park sits approximately 13 miles north of downtown Indianapolis, giving residents an enviable combination of quiet living and big city entertainment. Residents enjoy easy access to the rest of the city and surrounding suburbs via I-465, and an abundance of cozy apartment communities provide apartment renters plenty of options.
For a fun night out, locals head to Beef & Boards Dinner Theater, which hosts an array of live performances accompanied by a scrumptious dinner buffet. Shopping centers and popular restaurants such as Bravo! Cucina Italiana and Leonardo's Mexican Food line 86th Street and Michigan Road, giving area residents convenient shopping and dining options.
Rent Trends
As of March 2025, the average apartment rent in College Park is $1,034 for a studio, $1,293 for one bedroom, $1,569 for two bedrooms, and $1,761 for three bedrooms. Apartment rent in College Park has increased by 5.1% in the past year.
-
Studio
-
448 sq ft
Average Sq Ft
-
$1,034/month
Average Rent
-
1 BR
-
815 sq ft
Average Sq Ft
-
$1,293/month
Average Rent
-
2 BR
-
1,151 sq ft
Average Sq Ft
-
$1,569/month
Average Rent
-
3 BR
-
1,258 sq ft
Average Sq Ft
-
$1,761/month
Average Rent
Transportation
48
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require a car.
28
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
53
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Points of Interest
Shopping Centers
Parks and Recreation
- Daubenspeck Community Nature Park
- Zion Nature Center
- Town Run Trail Park
- Coxhall Gardens
- Northwestway Park
Commuter Rail
Airports
- Indianapolis International
Top Apartments in College Park
Property Management Companies
Greystar
-
3,219
Communities
-
893,643
Units
-
827
Cities
Willow Bridge
-
685
Communities
-
186,669
Units
-
310
Cities
AMC
-
644
Communities
-
126,661
Units
-
255
Cities
RPM
-
617
Communities
-
162,979
Units
-
235
Cities
FPI Management
-
606
Communities
-
104,678
Units
-
214
Cities
Cushman & Wakefield
-
535
Communities
-
123,997
Units
-
271
Cities
Search Nearby Rentals
Nearby City Rentals
Nearby Neighborhood Rentals
Nearby House Rentals
Nearby Neighborhood Guides
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.