Lake Clearwater Apartments
3914 Lake Clearwater Pl,
Indianapolis, IN 46240
$1,305 - $2,005
1-2 Beds
Well-known for its shopping, Keystone is home to the Fashion Mall. But that isn't the only reason people are moving to this popular Indy suburb -- it also offers great schools, a variety of restaurants and entertainment venues, and it is close to the highway. Keystone is located near the junction of 86th and Keystone Avenue, a northern suburb of Indianapolis. With the White River flowing along the neighborhood's east side and several lakes in and around the neighborhood, residents of Keystone enjoy outdoor activities like fishing and boating almost as frequently as they enjoy shopping.
As of April 2026, the average apartment rent in Keystone is $1,327 for a studio, $1,212 for one bedroom, $1,593 for two bedrooms, and $2,216 for three bedrooms. Apartment rent in Keystone has decreased by -0.2% in the past year.
Studio
504 sq ft
Average Sq Ft
$1,327/month
Average Rent
1 BR
677 sq ft
Average Sq Ft
$1,212/month
Average Rent
2 BR
1,127 sq ft
Average Sq Ft
$1,593/month
Average Rent
3 BR
1,459 sq ft
Average Sq Ft
$2,216/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Keystone - Indianapolis, IN is for everyday living.
Fairly walkable
Walkability
Limited public transit
Transit
Exceptionally drivable
Drivability
Fairly bikeable
Bikeability
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† 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 2026.