Canal Square Apartments | Downtown Indianapolis Living
Canal Square Apartments offers studio, one-, and two-bedroom homes with modern finishes, open layouts, and select units featuring stunning city or pool views. Located in the heart of downtown Indianapolis on the Canal Walk, directly across from Indiana University Indianapolis (IU Indianapolis) and Purdue University in Indianapolis, residents enjoy easy access to top employers, entertainment, and cultural attractions. With premium amenities, including a fitness center, resident lounge, and pool with a sun deck, Canal Square delivers the perfect balance of comfort and convenience. Schedule your visit today and experience city living at its best.
Kitchen
Special offer
Expires September 30, 2026
Applies to select units
Expires September 30, 2026
Applies to select units
Apartment building
1-2 beds
Pet-friendly
Covered parking
In-unit laundry (W/D)
Available units
Price may not include required fees and charges.
Unit , sortable column | Sqft, sortable column | Available, sortable column | Base rent, sorted ascending | |
|---|---|---|---|---|
 Unit P2-342Special offer 1 bd, 1 ba | 484 | Now | $1,074 | |
Unit P2-344Special offer 1 bd, 1 ba | 484 | Jan 22 | $1,074 | |
Unit P2-161Special offer 1 bd, 1 ba | 484 | Feb 18 | $1,074 | |
 Unit P2-248Special offer 1 bd, 1 ba | 737 | Oct 30 | $1,294 | |
 Unit P1-489Special offer 1 bd, 1 ba | 803 | Now | $1,324 | |
 Unit P2-460Special offer 1 bd, 1 ba | 737 | Now | $1,389 | |
 Unit P2-349Special offer 2 bd, 2 ba | 973 | Nov 6 | $1,424 | |
Unit P2-145Special offer 1 bd, 1 ba | 737 | Now | $1,449 | |
Unit P2-169Special offer 2 bd, 2 ba | 973 | Nov 7 | $1,449 | |
Unit P2Special offer 1 bd, 1 ba | 737 | Now | $1,459 | |
Unit P2-363Special offer 1 bd, 1 ba | 737 | Now | $1,459 | |
Unit P2-153Special offer 2 bd, 2 ba | 973 | Now | $1,469 | |
 Unit P4-110Special offer 2 bd, 2 ba | 973 | Oct 31 | $1,474 | |
Unit P1-191Special offer 1 bd, 1 ba | 803 | Now | $1,484 | |
Unit P4-208Special offer 2 bd, 2 ba | 973 | Now | $1,499 | |
What's special
Swimming pool
Cool down on hot days
This building features access to a pool. Less than 20% of buildings in Indianapolis have this amenity.
Property map
Tap on any highlighted unit to view details on availability and pricing
Use ctrl + scroll to zoom the map
Facts, features & policies
Building Amenities
Community Rooms
- Fitness Center
Other
- In Unit: Washer & Dryer Included
- Shared: Laundry Care Center
- Swimming Pool
Outdoor common areas
- Picnic Area: Picnic area with gas grills
Services & facilities
- Bicycle Storage
- Package Service
- Valet Trash
View description
- Canal view
Unit Features
Appliances
- Dryer: Washer & Dryer Included
- Washer: Stackable W/D
Flooring
- Vinyl: Wood Vinyl Living Room
Internet/Satellite
- High-speed Internet Ready: High Speed Internet Access
Other
- Balcony
- Courtyard View
- Fireplace
- Furnished
- Patio Balcony
- Stainless Steel Appliances
Policies
Parking
- Carport: Covered parking: $125-$135
- Garage: Private garage & gated parking
- Off Street Parking: Covered parking: $125-$135
Lease terms
- Variable
Pet essentials
- DogsAllowedNumber allowed2Monthly dog rent$30
- CatsAllowedNumber allowed2Monthly cat rent$30
Restrictions
We welcome two cats or dogs per apartment home. There is a $350.00 non-refundable pet fee. Pet rent is $30.00 per month. Max 2 pets(cats and dogs). Contact our leasing office for breed restrictions.
Special Features
- 24-hour Multi-media Business & Conference Center
- Professional Management And Maintenance Team
Neighborhood: Downtown
Areas of interest
Use our interactive map to explore the neighborhood and see how it matches your interests.
Travel times
Getting around
Walk Score®
/ 100
Very WalkableTransit Score®
/ 100
Good TransitBike Score®
/ 100
Biker's ParadiseNearby schools in Indianapolis
Center for Inquiry School 2
Grades K-5 • 1 miles7/10
GreatSchools® Rating
Test Score Rating
7/10Academic Progress Rating
6/10Arlington Community Middle School
Grades 6-8 • 0.8 miles2/10
GreatSchools® Rating
Test Score Rating
1/10Academic Progress Rating
3/10Crispus Attucks Medical Magnet High School (9-12)
Grades 9-12 • 0.8 miles4/10
GreatSchools® Rating
College Readiness Rating
4/10Living in Indianapolis
- Arts SceneThe area is enriched with galleries and performance venues showcasing local talent.
- Community VibeThe neighborhood fosters a strong sense of community through local events and gathering spots.
- Dining SceneA diverse array of restaurants offers everything from casual bites to upscale dining experiences.
- Green SpacesSeveral parks provide lush greenery for relaxation and recreation, ideal for families and pet owners.
The 46202 area boasts a vibrant mix of urban living with a rich cultural backdrop, featuring a variety of eateries, coffee shops, and parks. Residents enjoy convenient access to grocery stores and fitness centers, while the local lifestyle is complemented by a thriving arts scene and numerous events throughout the year. With a median rent of approximately $1,600, the rental range typically falls between $1,200 and $2,200, making it accessible for those seeking a dynamic community. The area is also known for its pedestrian-friendly streets and is perfect for outdoor activities, ensuring both families and pet owners feel right at home.
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Frequently asked questions
Canal Square is located at 359 N West St in Downtown, Indianapolis, IN. The surrounding area includes approximately 19 restaurants and cafes within 1 mile, such as Cafe Patachou, Le Peep, and The Capital Grille.
The nearest public transit stop is Vermont Street Station, approximately 0.3 miles away.
Canal Square is located within 0.1 miles of Canal Walk, 0.1 miles of Eugene & Marilyn Glick Indiana History Center, and 0.5 miles of Monument Circle.
Canal Square is located near 3 grocery stores, including 0.5 miles from Rocket Fizz, 0.5 miles from Chocolate Cafe, and 0.5 miles from South Bend Chocolate Company. Additional shopping options, including T.J. Maxx, are approximately 0.4 miles away.
The total price for an apartment unit in Canal Square ranges from $1,074 to $2,049. The total price will vary by floor plan, unit size, and unit amenities.
The closest hospitals and medical facilities to Canal Square include IU Health Indiana University Hospital (IU Hospital) (0.6 miles away), Walgreens (0.7 miles away), and Riley Outpatient Center (The ROC) (0.8 miles away).
Canal Square is near approximately 19 restaurants within 1 mile, including Cafe Patachou (0.4 miles away), Le Peep (0.4 miles away), and The Capital Grille (0.5 miles away).
The schools assigned to Canal Square include Center for Inquiry School 2, Arlington Community Middle School, and Crispus Attucks Medical Magnet High School (9-12).
Your dream apartment is waitingTwo new units were recently added to this listing.
