Indy 7925
7925 Palawan Dr,
Indianapolis, IN 46239
$1,121 - $1,752
1-3 Beds
Raymond Park
Indianapolis, IN
Raymond Park - Indianapolis, IN
Area Guide
The neighborhood of Raymond Park sits about eight miles southeast of downtown Indianapolis. Pockets of residential housing share this mixed-use district with agricultural land and industrial zones. The eastern area belongs to the open fields of the farming sector and warehouses of the manufacturing industry. Residential streets with homes and apartments for rent wind through the western half of the district. Sidewalks, green lawns, and lush landscaping give this area a clean, fresh look.
Residents make the 10-minute drive north for shopping and entertainment at Washington Square Mall. Locals get together at Bugsy's Sports Grill to enjoy late night drinks and watch the game in good company. For swimming, splashing, and hot-tub relaxation, locals soak up the fun at the Indy Island Aquatic Center.
Rent Trends
As of September 2025, the average apartment rent in Raymond Park is $849 for a studio, $1,101 for one bedroom, $1,290 for two bedrooms, and $1,646 for three bedrooms. Apartment rent in Raymond Park has increased by 3.2% in the past year.
-
Studio
-
288 sq ft
Average Sq Ft
-
$849/month
Average Rent
-
1 BR
-
644 sq ft
Average Sq Ft
-
$1,101/month
Average Rent
-
2 BR
-
938 sq ft
Average Sq Ft
-
$1,290/month
Average Rent
-
3 BR
-
1,173 sq ft
Average Sq Ft
-
$1,646/month
Average Rent
Transportation
34
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require a car.
11
Minimal Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
34
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.
Points of Interest
Shopping Centers
Parks and Recreation
- Raymond Park/Indy Island
- Post Road Community Park
- Christian Park
- Ellenberger Park
- Paul Ruster Park
Commuter Rail
Airports
- Indianapolis International
Top Apartments in Raymond Park
Houses for Rent in Raymond Park
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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 September 2025.