Security deposit terms are designed to be fair and flexible based on applicant qualifications. For approved applicants who meet the minimum credit score of 680 and income requirement of 3x the monthly rent, the refundable security deposit is equal to one month's rent.
Applicants who do not meet these criteria may still be considered but will be required to provide a higher security deposit equal to 1.5 times the monthly rent.
Flexible leasing options available! While our standard lease term is 12 months, we also offer a 6-month lease for added convenience. Perfect for those needing a shorter stayjust note that short-term leases are offered at a 20% premium over the listed rent.
Live in the heart of downtown Indianapolis at 402 N. Delaware St., Unit 107! This charming 1-bedroom, 1-bath apartment offers a spacious layout, modern comfort, and unbeatable access to dining, shopping, and entertainment. Schedule your tour today and make it your next home!
The pet(s) is(are) a fully-grown male/female, dog(s)/cat(s) not to exceed 30 lbs. The following breeds will not be accepted under any circumstances: Akitas, Chows, Pit Bulls, Great Danes, Rottweilers, Doberman Pinschers. Puppies under 1 (one) year of age will not be permitted under any circumstances. No more than 2 pets are allowed per unit.
Parking options are conveniently available nearby.
Additional options include:
408 N. 438 N.Please note that parking availability, pricing, and terms are subject to change and should be confirmed directly with the providers.
There's a laundry area in the basement. Refrigerator and Range Provided.
At PMI, we strive to provide an experience that is cost-effective and convenient. That's why we provide a Resident Benefits Package (RBP) to address common headaches for our residents. Our program handles insurance, pest control, air filter changes, utility set up, credit building, resident rewards, identity protection and more at a rate of $69.99/month, added to every property as a required program. More details upon application.
*If you provide your own insurance policy, the RBP cost will be reduced by the amount of the insurance premium billed by Second Nature Insurance Services (NPN No. 20224621).
By submitting your information on this page you consent to being contacted by the Property Manager and RentEngine via SMS, phone, or email.
Apartment for rent
$1,200/moFees may apply
126 E Vermont St, # 107, Indianapolis, IN 46204
1beds
720sqft
Price may not include required fees and charges. Price shown reflects the lease term provided. Learn more|
Apartment
Available Sat Aug 8 2026
Cats, dogs OK
None laundry
On street parking
Electric
What's special
Modern comfortSpacious layoutRefrigerator and range provided
- 7 days |
- -- |
- -- |
Zillow last checked:
Listing updated:
Travel times

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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Electric
Appliances
- Included: Refrigerator
- Laundry: Contact manager
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 720 sqft
Property
Parking
- Parking features: On Street
- Details: Contact manager
Features
- Patio & porch: Contact manager
- Exterior features: Contact manager
Details
- Additional structures: Contact manager
- Other equipment: Contact manager
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
Building
Details
- Building name: Indy Downtown Colonial Apartments
Management
- Pets allowed: Yes
Community & HOA
Community
- Features: Contact manager
HOA
- Amenities included: Contact manager
Location
- Region: Indianapolis
Financial & listing details
- Lease term: 1 Year
Price history
| Date | Event | Price |
|---|---|---|
| 7/27/2026 | Listed for rent | $1,200$2/sqft |
Source: Zillow Rentals Report a problem | ||
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 7/10Center for Inquiry School 2Grades: K-5Distance: 0.4 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 0.3 mi
- 1/10Crispus Attucks Medical Magnet High School (9-12)Grades: 9-12Distance: 1.1 mi
There are 5 available units in this apartment building







