Pinnex
931 Fletcher Ave,
Indianapolis, IN 46203
$1,266 - $4,215
Studio - 3 Beds
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
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Trendy
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Urban
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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 April 2026, the average apartment rent in Fountain Square is $1,330 for a studio, $1,493 for one bedroom, $2,025 for two bedrooms, and $2,358 for three bedrooms. Apartment rent in Fountain Square has decreased by -0.1% in the past year.
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Studio
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631 sq ft
Average Sq Ft
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$1,330/month
Average Rent
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1 BR
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782 sq ft
Average Sq Ft
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$1,493/month
Average Rent
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2 BR
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1,068 sq ft
Average Sq Ft
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$2,025/month
Average Rent
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3 BR
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1,346 sq ft
Average Sq Ft
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$2,358/month
Average Rent
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Fountain Square - Indianapolis, IN is for everyday living.
Moderately Walkable
Walkability
70
/ 100
Some Public Transit
Transit
40
/ 100
Very Drivable
Drivability
80
/ 100
Very Bikeable
Bikeability
80
/ 100
Daily Essentials
Fountain Square - Indianapolis, IN offers all daily essentials, but they’re limited to a few main areas.
Supermarket Within a 5 Minute Walk
Groceries
90
/ 100
Good Restaurant Variety Nearby
Restaurants
70
/ 100
Good Café Variety Nearby
Cafes
60
/ 100
Fair Variety of Shops Nearby
Shopping
50
/ 100
Recreation
Recreation options in Fountain Square - Indianapolis, IN are limited, so staying active may require more planning.
Moderate Amount of Park Space Nearby
Parks
50
/ 100
Limited Wellness Amenity Variety Nearby
Wellness
30
/ 100
Local Vibe
Get a sense of what it’s like to live in Fountain Square - Indianapolis, IN from everyday activity to noise and nightlife.
Vibrant Atmosphere at Times
Vibrancy
40
/ 100
Good Nightlife Variety Nearby
Nightlife
60
/ 100
Moderately Noisy
Quiet Score
40
/ 100
Scores provided by
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 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.