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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

10
Units Listed
$1,048
Starting at
$1,507
Average
$1,873
Highest
$2.00
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Near Southeast rent trends

Beds

Pricing by Bedroom

Studio
$1,061
from $1,048 · 2 units
~345 sqft avg
1 Bed
$1,350
from $1,313 · 3 units
~589 sqft avg
2 Bed
$1,780
from $1,699 · 5 units
~1,019 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

$23K

$272K annual run rate

Modeled estimate

Est. Occupancy

62%

of about 26 units (modeled from leasing activity)

Effective Rent on New Leases

$1,418

vs $1,507 current asking ($89 negotiation gap)

Recent Lease Activity

26 units tracked; 16 assumed leased, 10 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

10

Moderate availability

6 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 5 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

10 units
Studio / 1 Bath S1
$1,048/mo
345 ft² · $3.04/ft² · #9
Up $5 since Oct 1 (was $1,043)
Studio / 1 Bath S1
$1,073/mo
345 ft² · $3.11/ft² · #10
1 Bed / 1 Bath A1
$1,313/mo
561 ft² · $2.34/ft² · #2
Down $4 since Oct 1 (was $1,317)
1 Bed / 1 Bath A1
$1,328/mo
561 ft² · $2.37/ft² · #1
Down $4 since Oct 1 (was $1,332)
1 Bed / 1 Bath A2
$1,410/mo
646 ft² · $2.18/ft² · #3
Down $5 since Oct 1 (was $1,415)
2 Bed / 2 Bath B2
$1,699/mo
1,007 ft² · $1.69/ft² · #5
Down $174 since Sep 29 (was $1,873)
2 Bed / 2 Bath B3
$1,699/mo
1,038 ft² · $1.64/ft² · #7
Down $174 since Sep 29 (was $1,873)
2 Bed / 1 Bath B1
$1,758/mo
1,007 ft² · $1.75/ft² · #4
Down $7 since Oct 1 (was $1,765)
2 Bed / 2 Bath B2
$1,873/mo
1,007 ft² · $1.86/ft² · #6
2 Bed / 2 Bath B3
$1,873/mo
1,038 ft² · $1.80/ft² · #8

Garages and parking

Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits.

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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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