Iron Trail Apartments & Townhomes
7595 W US Highway 40,
Indianapolis, IN 46229
$1,225 - $1,599 | 1-2 Beds
SE Indianapolis-Hancock
New Palestine, IN
SE Indianapolis-Hancock - New Palestine, IN
Area Guide
Check out the rentals in New Palestine, a neighborhood in Hancock County, southeast of Indianapolis. This charming neighborhood allows you to enjoy urban conveniences while living in a rural setting. Small-town charm rules on the streets of New Palestine itself, and the new developments going up all throughout the area give you access to modern apartments.
Sugar Creek cuts through the neighborhood, adding to the scenic beauty and providing terrific fishing and picnicking destinations. Downtown Indianapolis sits only eight miles away to let you easily attend theater, concerts, and Pacers and Colts games. Meet your neighbors for drinks and steaks at B & C's Hideout, or grab one of 30 combo selections with draft beer at El Jaripeo, which is also vegetarian-friendly.
Rent Trends
As of February 2025, the average apartment rent in SE Indianapolis-Hancock is $1,336 for one bedroom, $1,506 for two bedrooms, and $1,608 for three bedrooms. Apartment rent in SE Indianapolis-Hancock has increased by 2.3% in the past year.
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1 BR
-
780 sq ft
Average Sq Ft
-
$1,336/month
Average Rent
-
2 BR
-
1,010 sq ft
Average Sq Ft
-
$1,506/month
Average Rent
-
3 BR
-
1,200 sq ft
Average Sq Ft
-
$1,608/month
Average Rent
Transportation
27
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require a car.
39
Somewhat Bikeable
out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
Points of Interest
Shopping Centers
Parks and Recreation
- Paul Ruster Park
- Raymond Park/Indy Island
- Post Road Community Park
- Southeastway Park
- Gene B. Glick Nature Preserve
Commuter Rail
Airports
- Indianapolis International
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