One Somerset
3761 S State Ave,
Indianapolis, IN 46227
$775 - $995
1-2 Beds
University of Indianapolis
Indianapolis, IN
University of Indianapolis - Indianapolis, IN
Area Guide
A historic fixture of Indy’s academic community
Private
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Historic
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Urban
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Small
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Greyhounds
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Since its founding in 1902, the University of Indianapolis has built a strong reputation as one of the finest institutions in the state—in fact, it is widely recognized as one of the top-ranked regional universities in the Midwest. Serving a student population of just over 5,000, U Indy provides the atmosphere and sense of community typical of a small college while benefiting from its location in one of America’s biggest and most vibrant cities.
Five miles south of Downtown Indianapolis, living near the university puts you just minutes away from Indy’s wealth of attractions and cultural offerings. Large public greenspaces like Lilly Recreation Park and Garfield Park provide excellent venues for enjoying the fresh air, while the city center is a goldmine of terrific dining, shopping, and nightlife, with a backdrop of magnificent architecture and a legendary collection of public artwork on display. The U Indy campus itself is mostly surrounded by residential neighborhoods, with many affordable apartments, houses, and condos within walking distance.
Rent Trends
As of December 2025, the average apartment rent in Indianapolis, IN is $973 for a studio, $1,109 for one bedroom, $1,318 for two bedrooms, and $1,531 for three bedrooms. Apartment rent in Indianapolis has increased by 0.5% in the past year.
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Studio
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476 sq ft
Average Sq Ft
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$973/month
Average Rent
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1 BR
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698 sq ft
Average Sq Ft
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$1,109/month
Average Rent
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2 BR
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991 sq ft
Average Sq Ft
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$1,318/month
Average Rent
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3 BR
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1,292 sq ft
Average Sq Ft
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$1,531/month
Average Rent
Transportation
50
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.
29
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
53
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Schools
Public
Grades PK-6
880 Students
Public
Grades 2-8
300 Students
Public
Grades PK-5
627 Students
Public
Grades K-8
469 Students
Public
Grades PK-5
462 Students
Public
Grades 2-8
300 Students
Public
Grades K-8
469 Students
Public
Grades 7-8
1,711 Students
Public
Grades 7-8
1,292 Students
Perry Meridian 6th Grade Academy
Public
Grades 6
620 Students
Public
Grades 9-12
3,319 Students
Public
Grades 9-12
2,350 Students
Public
Grades 9-12
3,628 Students
Ben Davis University High School
Public
Grades 10-12
358 Students
Public
Grades 9-12
2,861 Students
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2025. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2025. All rights reserved.
Points of Interest
Shopping Centers
Parks and Recreation
- Garfield Park Conservatory and Sunken Gardens
- Garfield Park
- Bethel Park
- Perry Park
- Christian Park
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 November 2025.