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The Residences at CityWay apartments in Indianapolis, IN

Updated

The Residences at CityWay

229 S Delaware St, Indianapolis, IN 46204, USA

4.3 (372 reviews) Official Website

Live pricing, refreshed

35
Units Listed
$1,494
Starting at
$2,065
Average
$4,708
Highest
$2.20
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Mile Square rent trends

Beds

Pricing by Bedroom

Studio
$1,494
from $1,494 · 1 units
~631 sqft avg
1 Bed
$1,686
from $1,505 · 19 units
~679 sqft avg
2 Bed
$2,472
from $1,885 · 13 units
~1,201 sqft avg
3 Bed
$3,313
from $3,300 · 2 units
~1,877 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 (6)

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: observed data only.

Observed Lease Revenue

$642K/mo

from 305 tracked leases; not enough coverage yet for a whole-building estimate

Effective Rent on New Leases

$2,104

vs $2,065 current asking

Recent Lease Activity

340 units tracked; 305 assumed leased, 35 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

35

Very high availability

21 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

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

35 units
Studio / 1 Bath Speedway
$1,494/mo
631 ft² · $2.37/ft² · #30
1 Bed / 1 Bath Amaranth
$1,505/mo
590 ft² · $2.55/ft² · #2
Up $135 since Jul 29 (was $1,370)
1 Bed / 1 Bath Amaranth
$1,510/mo
590 ft² · $2.56/ft² · #1
Up $35 since Jul 29 (was $1,475)
1 Bed / 1 Bath Henry
$1,525/mo
587 ft² · $2.60/ft² · #18
1 Bed / 1 Bath Amaranth
$1,525/mo
590 ft² · $2.58/ft² · #4
Down $30 since Jul 29 (was $1,555)
1 Bed / 1 Bath Carter
$1,532/mo
637 ft² · $2.41/ft² · #10
1 Bed / 1 Bath Henry
$1,540/mo
587 ft² · $2.62/ft² · #19
1 Bed / 1 Bath Henry
$1,545/mo
587 ft² · $2.63/ft² · #17
1 Bed / 1 Bath Azure
$1,556/mo
661 ft² · $2.35/ft² · #5
1 Bed / 1 Bath Azure
$1,561/mo
661 ft² · $2.36/ft² · #7
Down $25 since Jul 29 (was $1,586)

Train activity

Severe nighttime trains

Freight line 188 ft away · 29 trains/day

  • 15 daytime, 14 overnight
  • Crossing 188 ft away. Horns expected day and night.
  • Operator: CSX

Why this matters →

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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