Why Live in Renaissance Place
Renaissance Place in Indianapolis is a neighborhood predominantly featuring apartments, townhouses, and condos. While there are a few 19th-century Queen Anne houses near East Street and Walnut Street, most townhouses date back to the 1980s, and condos were built in the 2000s. Nearly three-quarters of the residents live in apartments. Although there are no parks within the neighborhood, nearby Chatham Commons and the expansive American Legion Mall offer green spaces and attractions such as the Indiana War Memorial and Museum. Massachusetts Avenue, or "Mass Ave," is a vibrant dining and nightlife hub, home to popular spots like FortyFive Degrees sushi bar and Union 50 gastropub. The Rathskeller, a historic German beer hall, is also nearby. The Old National Centre, a notable theatre and music venue, hosts major acts in its three distinct theatres. Renaissance Place boasts excellent walkability and bikeability, with high Walk and Bike Scores, and is well-served by IndyGo bus routes. The neighborhood is conveniently located near the junction of Interstates 65 and 70, providing easy access to Chicago, Louisville, Terre Haute, and Columbus, Ohio. For education, the highly rated Herron High School is within a mile, while the Center for Inquiry School No. 2 offers an International Baccalaureate program for younger students.
Frequently Asked Questions
Is Renaissance Place a good place to live?
Renaissance Place is a good place to live. Renaissance Place is considered very walkable and a biker's paradise with good transit options. Renaissance Place is a suburban neighborhood. Renaissance Place has 7 parks for recreational activities. It is very dense in population with 26.4 people per acre and a median age of 36. The average household income is $91,721 which is below the national average. College graduates make up 68.9% of residents. A majority of residents in Renaissance Place are renters, with 86.1% of residents renting and 13.9% of residents owning their home. A
local real estate agent serving Renaissance Place can help you decide if this neighborhood is the right one for you. Learn more on our
Renaissance Place neighborhood guide.
Is Renaissance Place, IN a safe neighborhood?
Renaissance Place, IN is less safe than the average neighborhood in the United States. It received a crime score of 10 out of 10.
How much do you need to make to afford a house in Renaissance Place?
The median home price in Renaissance Place is $463,415. If you put a 20% down payment of $92,700 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,400 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $103K a year to afford the median home price in Renaissance Place. The average household income in Renaissance Place is $92K.
What are the best public schools in Renaissance Place?
The best public schools that serve Renaissance Place are:
What are the best private schools in Renaissance Place?
The best private schools that serve Renaissance Place are:
What are the most popular zip codes in Renaissance Place, Indianapolis, IN?
What are the most popular neighborhoods near Renaissance Place, Indianapolis, IN?
Home Trends in Renaissance Place, IN
On average, homes in Renaissance Place, Indianapolis sell after 15 days on the market compared to the national average of 70 days. The median sale price for homes in Renaissance Place, Indianapolis over the last 12 months is $507,500.
Median Sale Price
$507,500
Median Single Family Sale Price
$416,830
Median Townhouse Sale Price
$600,000
Average Price Per Sq Ft
$193
Number of Homes for Sale
3
Last 12 months Home Sales
28
Median List Price
$463,415
Median Change From 1st List Price
0%