U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Indiana > Indianapolis
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Old 04-29-2010, 08:11 PM
2 posts, read 6,313 times
Reputation: 10


I am a student at Marian University which is on the northwest side of Indianapolis. My roommate and I really wanted to find an affordable apartment or condo downtown. Does anyone have any suggestions? Please let me know, any help is greatly appreciated!
Reply With Quote Quick reply to this message

Old 05-01-2010, 03:11 PM
Location: Hither and thither
423 posts, read 1,048,922 times
Reputation: 208
Good luck. Condos in particular simply cannot be priced at an affordable level due to a number of constraints: land value is higher, carrying costs are HUGE while the developer seeks approvals, lots of NIMBYs downtown fight density even though that is the best way to keep the per unit costs down, most developments have to get variances in order to meet Indy's extremely suburban-friendly zoning stipulations...the list goes on. Among the few places I can think of that are reasonably affordable (which I read about on another forum) are The Shelton condominiums which should be opening before too long. Then again, after the big real estate bust, a number of places are asking for a lot less.

Last I heard, apartments in downtown Indy were at nearly 98% occupancy, so the landlords really get to call the shots. Still, there are more affordable options in the older aparmtent complexes that haven't been renovated recently. As for new construction, I think the 707 North Street Condos were converted to apartments with some moderate-income options after the market crashed. They're now called 707 North but the website still shows condos. Check out the Facebook page which I think is a more accurate representation of what they're going to offer.
Reply With Quote Quick reply to this message
Old 05-02-2010, 09:13 PM
2 posts, read 6,313 times
Reputation: 10
thank you very much! I have actually been in contact with a person from 707 and they are trying thier best to accommodate our needs. If you have any other advice it is much appreciated!
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.

Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Indiana > Indianapolis
Similar Threads
View detailed profiles of:
Follow City-Data.com founder on our Forum or

All times are GMT -6. The time now is 04:57 AM.

2005-2017, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32 - Top