Madison Lofts
1430 Madison Ave,
Indianapolis, IN 46225
$830 - $1,374 | 1-2 Beds
Bates-Hendricks
Indianapolis, IN
Bates-Hendricks - Indianapolis, IN
Area Guide
An urban neighborhood with a landmark like no other
Historic
•
Trendy
•
Walkable
•
Bike-Friendly
•
Urban
•
Downtown
•
The oldest house in Marion County is the Bates-Hendricks House. The Federal-style, brick home was built around 1820 by Richard Keene. In 1851, the home's new owner, Hervey Bates, decided to add on. His addition was built in the Italianate style, complete with a 60-foot tower, giving the home a unique and distinctive look. The home, listed on the National Register of Historic Places, is such a major landmark that the neighborhood surrounding it is named for the home.
The Bates-Hendricks neighborhood is award-winning and bicycle-friendly. It is located within biking distance to downtown, with I-70 to the north and I-65 to the east. The neighborhood is home to several parks, including Hendricks Park and Send Triangle Greenspace. Because it is directly south of downtown, residents enjoy fast access to Lucas Oil Stadium, the Indiana Convention Center, Bankers Life Fieldhouse, and the Indianapolis City Market.
Rent Trends
As of June 2025, the average apartment rent in Bates-Hendricks is $899 for a studio, $996 for one bedroom, and $1,621 for two bedrooms. Apartment rent in Bates-Hendricks has decreased by -19.7% in the past year.
-
Studio
-
565 sq ft
Average Sq Ft
-
$899/month
Average Rent
-
1 BR
-
587 sq ft
Average Sq Ft
-
$996/month
Average Rent
-
2 BR
-
1,203 sq ft
Average Sq Ft
-
$1,621/month
Average Rent
Transportation
65
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.
38
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
73
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
Points of Interest
Shopping Centers
Parks and Recreation
- Garfield Park
- Garfield Park Conservatory and Sunken Gardens
- Bethel Park
- University Park
- Indiana State Museum
Commuter Rail
Airports
- Indianapolis International
Top Apartments in Bates-Hendricks
Houses for Rent in Bates-Hendricks
Property Management Companies
Greystar
-
3,270
Communities
-
908,355
Units
-
843
Cities
Willow Bridge
-
704
Communities
-
191,285
Units
-
328
Cities
AMC
-
646
Communities
-
126,531
Units
-
258
Cities
FPI Management
-
615
Communities
-
104,205
Units
-
220
Cities
RPM
-
614
Communities
-
162,711
Units
-
241
Cities
Cushman & Wakefield
-
547
Communities
-
127,947
Units
-
280
Cities
Search Nearby Rentals
Nearby City Rentals
Nearby Neighborhood Rentals
Nearby House Rentals
Nearby Neighborhood Guides
Methodology
† 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.