257 Apartments for Rent in The Canal - Indianapolis
Popular Searches in The Canal - Indianapolis, IN
Apartments for Rent in The Canal, Indianapolis, IN
Constructed around 1830, Indianapolis' Central Canal brings an old-world charm to Downtown Indy. The neighborhood that surrounds this historic waterway is simply referred to as "the Canal." The Canal offers great shops, restaurants, the Downtown Canal Walk, and a lively scene that includes gondolas, pedal boats, and surreys. The neighborhood is close to Butler University, providing a student vibe to the community as well. Other nearby attractions include White River State Park, the Indianapolis Museum of Art, and the Indiana Historical Society.
In the early 1800s, the residents of Indiana -- who up to this point relied on horses to transport goods -- were inspired by the construction of the Erie Canal in New York. When construction started in 1836, the plan was to extend the canal 296 miles. Three years later, the state faced bankruptcy and the project was halted. But while only eight of the dug miles were operational, the canal brought a variety of workers and industries to the area, helping the city to grow. Today, the canal is an American Water Landmark.
The Canal - Indianapolis, IN Rental Insights
Average Rent Rates
What is the average rent in The Canal, IN?
The average rent for the The Canal neighborhood of Indianapolis, IN is , but rentals range from as little as $1,327 to as much as $3,300 depending on the rental style.
What is the average rent of a Studio apartment in The Canal, IN?
Looking for a studio apartment in the The Canal neighborhood? Expect to pay around $1,327 per month.
What is the average rent of a 1 bedroom apartment in The Canal, IN?
one bedroom The Canal apartments rent for around $1,411 per month.
What is the average rent of a 2 bedroom apartment in The Canal, IN?
The Canal has two bedroom apartments that rent for around $1,766 per month.
What is the average rent of a 3 bedroom apartment in The Canal, IN?
three bedroom apartments in The Canal are usually priced around $3,300 per month.
Transportation
How transit friendly is The Canal, IN?
Getting around The Canal is straightforward with a transit score of 57.
Education
What colleges and universities are in The Canal, IN?
Students looking to rent in The Canal while staying close to campus will have access to Purdue Indianapolis, Ivy Tech Community College, and Marian Univ., Indianapolis.
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