Last Updated: 1 Hr. Ago

Rent Specials

Lower rates on select brand-new 1, 2, and 3 bedroom homes. Sign a 14-month lease and get one month of rent FREE

Monthly Rent

$1,299 - $3,617

Beds

Studio - 3

Baths

1 - 2

* Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Note: Based on community-supplied data and independent market research. Subject to change without notice.

Property Map
 

Lease Terms

3 - 15 Month Leases

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities.

  • One-Time Basics
    • Due at Application
      • Application Fee Per Applicant
        $60
    • Due at Move-In
      • Administrative Fee
        $150

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

About The Grounds

Ready to elevate your lifestyle to a higher standard of luxury? Welcome to The Grounds, a brand-new community of luxury studio to three-bedroom apartment homes offering an unparalleled rental experience. Nestled in the vibrant Herron-Morton Place neighborhood, our exclusive residences place you steps from the energy of Downtown Indianapolis. Blending history with modern touches, each apartment is crafted to offer an inviting atmosphere. Host a soirée in your spacious living room, or unwind on your private balcony. With high-end amenities and a prime location, The Grounds is your sanctuary in the heart of the city.

The Grounds is located in Indianapolis, Indiana in the 46202 zip code. This apartment community was built in 2024 and has 5 stories with 236 units.

Special Features

  • Parking
  • Pets Welcome
  • Full Size Washer & Dryer
  • Pet Spa
  • Washer/Dryer In Unit
  • Yoga Room
  • Controlled-access Entry
  • Roof Deck

Community Features

  • Community-Wide WiFi
  • Maintenance on site
  • Trash Pickup - Door to Door
  • Planned Social Activities
  • Pet Washing Station
  • Key Fob Entry
  • Elevator
  • Clubhouse
  • Lounge
  • Breakfast/Coffee Concierge
  • Roof Terrace
  • Sundeck
  • Courtyard
  • Grill
  • Fitness Center
  • Spa
  • Pool
  • Bicycle Storage

Floorplan Amenities

  • Washer/Dryer
  • Air Conditioning
  • Heating
  • Ceiling Fans
  • Smoke Free
  • Storage Space
  • Double Vanities
  • Tub/Shower
  • Dishwasher
  • Stainless Steel Appliances
  • Pantry
  • Island Kitchen
  • Microwave
  • Oven
  • Range
  • Refrigerator
  • Freezer
  • Quartz Countertops
  • Vinyl Flooring
  • Views
  • Walk-In Closets
  • Linen Closet
  • Window Coverings
  • Balcony
  • Porch
  • Deck

Parking

Surface Lot

Garages available now for $150-$200. Contact us for more information about our parking options. Assigned Parking $100

Garage

Garages available now for $150-$200. Contact us for more information about our parking options. Assigned Parking $150

Other

Garages available now for $150-$200. Contact us for more information about our parking options. $200

Other

Private single car garage Assigned Parking $175

Security

  • Controlled Access

Pet Policy

Dogs and Cats Allowed

We welcome 2 pets per home. There is a $300 pet fee and a $30 monthly pet rent per pet.

Caged small animal

  • $30 Monthly Pet Rent
  • $300 Fee
  • 2 Pet Limit

Airport

  • Indianapolis International

    Drive: 30 min 16.0 mi

Commuter Rail

  • Indianapolis

    Drive: 6 min 2.9 mi

Universities

Parks & Recreation

  • JTV Hill Park

    Drive: 2 min 1.3 mi

  • Douglass Park

    Drive: 2 min 1.4 mi

  • Watkins Park

    Drive: 3 min 1.6 mi

  • The Children's Museum of Indianapolis

    Drive: 4 min 1.8 mi

  • University Park

    Drive: 4 min 2.0 mi

Shopping Centers & Malls

Military Bases

Schools

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

Downtown Indianapolis in Indianapolis, IN

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