Updated
The Residences at CityWay
229 S Delaware St, Indianapolis, IN 46204
Live pricing, refreshed
How does this compare? View Mile Square rent trends
Pricing by Bedroom
Rent Distribution
Price by Bedroom
Price Breakdown
Rent by Unit
Price vs. Square Footage
Price History
Property Price Trend
Units with Price Changes (226)
Largest 8 movers of 226Estimated 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
$2.0M
$24M annual run rate
Modeled estimate
Est. Occupancy
95%
of about 1000 units (modeled from leasing activity)
Effective Rent on New Leases
$2,117
vs $1,988 current asking
Recent Lease Activity
311 units tracked; 260 assumed leased, 51 listed nowSee which units leased, when they left the market, and the rent they leased at.
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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
51
Very high availability
29 floor plans
Move-in Specials
0
No active promotions
Negotiation Leverage
Some signals suggest room to negotiate, especially if you can be flexible on move-in date.
Price vs. Mile Square
NeighborhoodComparing 4 apartments in Mile Square. Click any bar to view that building.
See Mile Square rent trends on the Indianapolis, IN map Explore Indianapolis, IN on the interactive map
Available Units
| Unit | Floor Plan | Bed/Bath | Sqft | ↑ Price | $/Sqft | Available | Listed | Details |
|---|---|---|---|---|---|---|---|---|
| 2 | Amaranth | 1bd / 1ba | 590 | $1,370 | $2.32 | -- | Pro | Down $5 since Jul 9 |
| 18 | Clark | 1bd / 1ba | 516 | $1,400 | $2.71 | -- | Pro | Down $5 since Jul 9 |
| 10 | Azure | 1bd / 1ba | 661 | $1,446 | $2.19 | -- | Pro | Down $50 since Jul 9 |
| 17 | Clark | 1bd / 1ba | 537 | $1,447 | $2.69 | -- | Pro | Down $5 since Jul 9 |
| 3 | Amaranth | 1bd / 1ba | 590 | $1,470 | $2.49 | -- | Pro | Down $5 since Jul 9 |
| 1 | Amaranth | 1bd / 1ba | 590 | $1,475 | $2.50 | -- | Pro | Down $5 since Jul 9 |
| 15 | Carter | 1bd / 1ba | 637 | $1,477 | $2.32 | -- | Pro | Down $20 since Jul 9 |
| 42 | Silva | 1bd / 1ba | 661 | $1,507 | $2.28 | -- | Pro | Down $45 since Jul 10 |
| 45 | Speedway | Studio / 1ba | 631 | $1,519 | $2.41 | -- | Pro | Down $80 since Jul 10 |
| 9 | Azure | 1bd / 1ba | 661 | $1,521 | $2.30 | -- | Pro | Up $70 since Jul 9 |
Unit Details
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
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
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Mile Square Rent Trends
See how rent prices are changing in Mile Square and across Indianapolis, IN.