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Farmhouse at Lantern Commons apartments in Westfield, IN

Updated

Farmhouse at Lantern Commons

1500 Taper Wy, Westfield, IN 46074, USA

Live pricing, refreshed

17
Units Listed
$1,525
Starting at
$2,016
Average
$3,200
Highest
$2.06
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Westfield 46074 rent trends

Beds

Pricing by Bedroom

1 Bed
$1,681
from $1,525 · 8 units
~702 sqft avg
2 Bed
$2,095
from $1,880 · 6 units
~1,126 sqft avg
3 Bed
$2,750
from $2,500 · 3 units
~1,423 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 (17)

Largest 8 movers of 17

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

$3,300

$40K annual run rate

Modeled estimate

Est. Occupancy

11%

of about 19 units (modeled from leasing activity)

Effective Rent on New Leases

$1,650

vs $2,016 current asking ($366 negotiation gap)

Recent Lease Activity

19 units tracked; 2 assumed leased, 17 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

17

Good availability

0 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.

Available Units

17 units
1 Bed
$1,525/mo
630 ft² · $2.42/ft² · #4
Down $325 since Aug 20 (was $1,850)
1 Bed
$1,555/mo
737 ft² · $2.11/ft² · #2
Down $95 since Aug 10 (was $1,650)
1 Bed
$1,565/mo
678 ft² · $2.31/ft² · #15
Down $460 since Aug 20 (was $2,025)
1 Bed
$1,600/mo
661 ft² · $2.42/ft² · #16
Up $35 since Aug 20 (was $1,565)
1 Bed
$1,650/mo
661 ft² · $2.50/ft² · #17
Up $85 since Aug 15 (was $1,565)
1 Bed
$1,675/mo
861 ft² · $1.95/ft² · #6
Down $205 since Aug 20 (was $1,880)
1 Bed
$1,850/mo
662 ft² · $2.79/ft² · #3
Up $250 since Aug 20 (was $1,600)
2 Bed
$1,880/mo
880 ft² · $2.14/ft² · #5
Up $355 since Aug 20 (was $1,525)
1 Bed
$2,025/mo
729 ft² · $2.78/ft² · #14
Down $525 since Aug 20 (was $2,550)
2 Bed
$2,080/mo
1,131 ft² · $1.84/ft² · #11
Down $70 since Aug 20 (was $2,150)

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 Westfield, IN notes

No resident notes for this property yet.

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