Lake Clearwater Apartments
3914 Lake Clearwater Pl,
Indianapolis, IN 46240
$1,270 - $2,205
1-2 Beds
Well-known for its shopping, Keystone is home to the Fashion Mall. But that isn't the only reason people are moving to this popular Indy suburb -- it also offers great schools, a variety of restaurants and entertainment venues, and it is close to the highway. Keystone is located near the junction of 86th and Keystone Avenue, a northern suburb of Indianapolis. With the White River flowing along the neighborhood's east side and several lakes in and around the neighborhood, residents of Keystone enjoy outdoor activities like fishing and boating almost as frequently as they enjoy shopping.
As of February 2026, the average apartment rent in Keystone is $1,288 for a studio, $1,246 for one bedroom, $1,629 for two bedrooms, and $2,310 for three bedrooms. Apartment rent in Keystone has increased by 2.5% in the past year.
Studio
504 sq ft
Average Sq Ft
$1,288/month
Average Rent
1 BR
677 sq ft
Average Sq Ft
$1,246/month
Average Rent
2 BR
1,127 sq ft
Average Sq Ft
$1,629/month
Average Rent
3 BR
1,459 sq ft
Average Sq Ft
$2,310/month
Average Rent
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require 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.
Somewhat Bikeable
out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most 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 February 2026.