Volrath
118 Palmer St,
Indianapolis, IN 46225
$649 - $875
Studio - 1 Bed
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.
As of May 2026, the average apartment rent in Bates-Hendricks is $995 for one bedroom, and $1,312 for two bedrooms. Apartment rent in Bates-Hendricks has decreased by -0.3% in the past year.
1 BR
587 sq ft
Average Sq Ft
$995/month
Average Rent
2 BR
997 sq ft
Average Sq Ft
$1,312/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Bates-Hendricks - Indianapolis, IN is for everyday living.
Fairly Walkable
Walkability
Limited Public Transit
Transit
Very Drivable
Drivability
Fairly Bikeable
Bikeability
Bates-Hendricks - Indianapolis, IN offers all daily essentials, but they’re limited to a few main areas.
Supermarket Within a 20 Minute Walk
Groceries
Good Restaurant Variety Nearby
Restaurants
Fair Café Variety Nearby
Cafes
Fair Variety of Shops Nearby
Shopping
Bates-Hendricks - Indianapolis, IN provides green space and wellness resources in certain areas.
Large Amount of Park Space Nearby
Parks
Limited Wellness Amenity Variety Nearby
Wellness
Get a sense of what it’s like to live in Bates-Hendricks - Indianapolis, IN from everyday activity to noise and nightlife.
Vibrant Atmosphere at Times
Vibrancy
Fair Nightlife Variety Nearby
Nightlife
Not Noisy
Quiet Score
3,501
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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.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.