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Edge 35 apartments in Indianapolis, IN

Updated

Edge 35

1224 Prospect St, Indianapolis, IN 46203, USA

4.7 (75 reviews) Official Website

Live pricing, refreshed

8
Units Listed
$1,091
Starting at
$1,589
Average
$1,979
Highest
$2.15
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Near Southeast rent trends

Beds

Pricing by Bedroom

Studio
$1,104
from $1,091 · 2 units
~345 sqft avg
1 Bed
$1,347
from $1,333 · 2 units
~561 sqft avg
2 Bed
$1,953
from $1,924 · 4 units
~1,023 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (13)

Largest 8 movers of 13

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$19K

$230K annual run rate

Modeled estimate

Est. Occupancy

62%

of about 21 units (modeled from leasing activity)

Effective Rent on New Leases

$1,475

vs $1,589 current asking ($114 negotiation gap)

Recent Lease Activity

21 units tracked; 13 assumed leased, 8 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

8

Moderate availability

4 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Price vs. Indianapolis, IN

Similar

Comparing this building against 4 similar Indianapolis, IN apartments by price. Click any bar to view that building.

See rent trends on the Indianapolis, IN map Explore Indianapolis, IN on the interactive map

Available Units

8 units
Studio / 1 Bath S1
$1,091/mo
345 ft² · $3.16/ft² · #8
Down $18 since Aug 17 (was $1,109)
Studio / 1 Bath S1
$1,116/mo
345 ft² · $3.23/ft² · #7
Down $21 since Aug 17 (was $1,137)
1 Bed / 1 Bath A1
$1,333/mo
561 ft² · $2.38/ft² · #1
Down $20 since Aug 9 (was $1,353)
1 Bed / 1 Bath A1
$1,361/mo
561 ft² · $2.43/ft² · #2
Up $22 since Aug 17 (was $1,339)
2 Bed / 2 Bath B2
$1,924/mo
1,007 ft² · $1.91/ft² · #3
Down $18 since Aug 17 (was $1,942)
2 Bed / 2 Bath B3
$1,939/mo
1,038 ft² · $1.87/ft² · #5
Down $3 since Aug 17 (was $1,942)
2 Bed / 2 Bath B3
$1,969/mo
1,038 ft² · $1.90/ft² · #6
Up $30 since Aug 17 (was $1,939)
2 Bed / 2 Bath B2
$1,979/mo
1,007 ft² · $1.97/ft² · #4
Up $55 since Aug 17 (was $1,924)

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Indianapolis, IN notes

No resident notes for this property yet.

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