9 On Canal
335 W 9th St,
Indianapolis, IN 46202
$910 - $3,315 Total Monthly Price
Studio - 3 Beds
The Canal
Indianapolis, IN
The Canal - Indianapolis, IN Area Guide
Discover the history and excitement of Indy's Central Canal
Walkable
•
Bike-Friendly
•
Downtown
•
Canal
•
Waterfront
•
River
•
Constructed around 1830, Indianapolis' Central Canal brings an old-world charm to Downtown Indy. The neighborhood that surrounds this historic waterway is simply referred to as "the Canal." The Canal offers great shops, restaurants, the Downtown Canal Walk, and a lively scene that includes gondolas, pedal boats, and surreys. The neighborhood is close to Butler University, providing a student vibe to the community as well. Other nearby attractions include White River State Park, the Indianapolis Museum of Art, and the Indiana Historical Society.
In the early 1800s, the residents of Indiana -- who up to this point relied on horses to transport goods -- were inspired by the construction of the Erie Canal in New York. When construction started in 1836, the plan was to extend the canal 296 miles. Three years later, the state faced bankruptcy and the project was halted. But while only eight of the dug miles were operational, the canal brought a variety of workers and industries to the area, helping the city to grow. Today, the canal is an American Water Landmark.
Rent Trends
As of April 2026, the average apartment rent in The Canal is $1,210 for a studio, $1,475 for one bedroom, $1,857 for two bedrooms, and $2,700 for three bedrooms. Apartment rent in The Canal has increased by 1.1% in the past year.
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Studio
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610 sq ft
Average Sq Ft
-
$1,210/month
Average Rent
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1 BR
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738 sq ft
Average Sq Ft
-
$1,475/month
Average Rent
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2 BR
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1,123 sq ft
Average Sq Ft
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$1,857/month
Average Rent
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3 BR
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1,244 sq ft
Average Sq Ft
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$2,700/month
Average Rent
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly The Canal - Indianapolis, IN is for everyday living.
Moderately Walkable
Walkability
70
/ 100
Some Public Transit
Transit
40
/ 100
Exceptionally Drivable
Drivability
100
/ 100
Exceptionally Bikeable
Bikeability
90
/ 100
Daily Essentials
The Canal - Indianapolis, IN offers all daily essentials, but they’re limited to a few main areas.
Supermarket Within a 20 Minute Walk
Groceries
40
/ 100
Good Restaurant Variety Nearby
Restaurants
70
/ 100
Good Café Variety Nearby
Cafes
60
/ 100
Fair Variety of Shops Nearby
Shopping
50
/ 100
Recreation
The Canal - Indianapolis, IN provides green space and wellness resources in certain areas.
Large Amount of Park Space Nearby
Parks
70
/ 100
Fair Wellness Amenity Variety Nearby
Wellness
40
/ 100
Local Vibe
Get a sense of what it’s like to live in The Canal - Indianapolis, IN from everyday activity to noise and nightlife.
Vibrant Atmosphere at Times
Vibrancy
50
/ 100
Fair Nightlife Variety Nearby
Nightlife
50
/ 100
Moderately Noisy
Quiet Score
40
/ 100
Scores provided by
Points of Interest
Shopping Centers
Parks and Recreation
- Indiana State Museum
- White River State Park
- White River Gardens
- Indianapolis Zoo
- University 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 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.