Hinge Apartments
719 Virginia Ave,
Indianapolis, IN 46203
$1,590 | 1 Bed
Fountain Square
Indianapolis, IN
Fountain Square - Indianapolis, IN
Area Guide
Indy's quirky side
Downtown
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Walkable
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Artistic
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Indie
•
Trendy
•
Urban
•
Bike-Friendly
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During 1800s, Fountain Square served as Indianapolis' commercial hub. Today, those historic brick warehouses and factories house everything from restaurants to lofts to movie theaters. This is Downtown Indy, only quirky. In Fountain Square, you'll find things like Duckpin Bowling, the Rooftop Garden Lounge, and the White Rabbit Cabaret. Now considered Indy's Cultural District, historic Fountain Square contains a variety of restaurants, theaters, antique stores, art galleries, studios, and funky shops selling everything from flowers to comic books. Fountain Square is just a little over a mile southeast of Downtown Indianapolis and is home to the Murphy Arts Building.
Rent Trends
As of July 2025, the average apartment rent in Fountain Square is $1,309 for a studio, $1,527 for one bedroom, $1,999 for two bedrooms, and $2,329 for three bedrooms. Apartment rent in Fountain Square has increased by 1.6% in the past year.
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Studio
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534 sq ft
Average Sq Ft
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$1,309/month
Average Rent
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1 BR
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768 sq ft
Average Sq Ft
-
$1,527/month
Average Rent
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2 BR
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909 sq ft
Average Sq Ft
-
$1,999/month
Average Rent
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3 BR
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1,346 sq ft
Average Sq Ft
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$2,329/month
Average Rent
Transportation
84
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
41
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
95
Biker's Paradise
out of 100 BikeScore® Rating
Do you prefer to get around on two wheels? You’ll love living in this neighborhood, which is considered a biker’s paradise.
Points of Interest
Shopping Centers
Parks and Recreation
- Bethel Park
- Garfield Park Conservatory and Sunken Gardens
- Garfield Park
- University Park
- Indiana State Museum
Commuter Rail
Airports
- Indianapolis International
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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.