Broad Ripple Trails
5220 Luzzane Dr,
Indianapolis, IN 46220
$839 - $1,759 | Studio - 3 Beds
Situated about six miles north of Downtown Indianapolis, the Fairgrounds neighborhood is a largely residential locale characterized by alluring bungalows and charming split-level homes along quiet residential streets, as well as stately brick apartment complexes lining Lemans Drive and Lemans Court.
The Indiana State Fairgrounds stands as the beating heart of the community, featuring 250 acres of historic buildings that host various concerts, expos, conferences, and sports games in addition to the highly anticipated Indiana State Fair. The neighborhood's somewhat secluded location away from major highways creates a peaceful environment that attracts a wide variety of renters looking for an affordable home in Indianapolis.
As of February 2025, the average apartment rent in Fairgrounds is $725 for a studio, $1,159 for one bedroom, $1,152 for two bedrooms, and $1,167 for three bedrooms. Apartment rent in Fairgrounds has increased by 5.7% in the past year.
Studio
424 sq ft
Average Sq Ft
$725/month
Average Rent
1 BR
686 sq ft
Average Sq Ft
$1,159/month
Average Rent
2 BR
916 sq ft
Average Sq Ft
$1,152/month
Average Rent
3 BR
1,152 sq ft
Average Sq Ft
$1,167/month
Average Rent
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
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