Ivy Knoll Apartments
5707 A Ivy Knoll Dr,
Indianapolis, IN 46250
$1,424 - $1,499
2 Beds
The Allisonville community is eleven miles outside of Indy’s Mile Square. Residents of this suburban locale enjoy a plethora of shopping destinations like Castleton Square and the upscale shops at Fashion Mall at Keystone.
The Cheesecake Factory, Bonefish Grill, and the District Tap are just some of the options you’ll experience in Allisonville (but really, fall in love with). In addition to two malls, shoe stores, plazas, and home goods stores make up the community.
When it gets a little stuffy inside the shops – locals head on over to Fort Harrison State Park for outdoor fun and adventure. The Sahm Golf Course is just minutes north of the neighborhood by Interstate 465. Indianapolis residents love to explore the city’s many attractions from museums to expansive parks.
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NeighborhoodPhoto
NeighborhoodPhoto
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As of August 2025, the average apartment rent in Allisonville is $1,057 for one bedroom, $1,222 for two bedrooms, and $1,454 for three bedrooms. Apartment rent in Allisonville has decreased by -2.2% in the past year.
1 BR
719 sq ft
Average Sq Ft
$1,057/month
Average Rent
2 BR
1,120 sq ft
Average Sq Ft
$1,222/month
Average Rent
3 BR
1,393 sq ft
Average Sq Ft
$1,454/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.
Minimal Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
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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 June 2025.