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The Residences at CityWay apartments in Indianapolis, IN

Updated

The Residences at CityWay

4.3 (372 reviews) Official Website

Live pricing, refreshed

64
Units Listed
$1,205
Starting at
$1,887
Average
$4,683
Highest
$2.05
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Mile Square rent trends

Beds

Pricing by Bedroom

Studio
$1,700
from $1,700 · 1 units
~631 sqft avg
1 Bed
$1,563
from $1,205 · 39 units
~712 sqft avg
2 Bed
$2,293
from $1,629 · 17 units
~1,143 sqft avg
3 Bed
$2,728
from $2,288 · 7 units
~1,582 sqft avg

Rent Distribution

The final bar groups units at that price or more when the range is wide.

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Lines hold the last known price between updates. Diamond markers show changes in quote terms.

Timeframe

Property Price Trend

Units with Price Changes (73)

Largest 8 movers of 73

Last 15 days

Estimated Building Revenue

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

$24K/mo

from 15 tracked leases; not enough coverage yet for a whole-building estimate

Effective Rent on New Leases

$1,605

vs $1,887 current asking ($282 negotiation gap)

Recent Lease Activity

79 units tracked; 15 assumed leased, 64 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

64

Very high availability

33 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 6 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

64 units

Select a unit to see its price history and link to the rental site.

1 Bed / 1 Bath Unit 2421
$1,205/mo
516 ft² · $2.34/ft²

Starting base rent

Available: Contact for availability

1 Bed / 1 Bath Unit 2A-342
$1,315/mo
590 ft² · $2.23/ft²

Starting base rent

Available: Contact for availability

Down $1 since Nov 8 (was $1,316)
1 Bed / 1 Bath Unit 1204
$1,320/mo
572 ft² · $2.31/ft²

Starting base rent

Available: Contact for availability

Up $40 since Nov 8 (was $1,280)
1 Bed / 1 Bath Unit 4310
$1,337/mo
587 ft² · $2.28/ft²

Starting base rent

Available: Contact for availability

Up $32 since Nov 8 (was $1,305)
1 Bed / 1 Bath Unit 08-486
$1,351/mo
661 ft² · $2.04/ft²

Starting base rent

Available: Contact for availability

Down $1 since Nov 8 (was $1,352)

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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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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Mile Square Rent Trends

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