Last updated
1 of 40
Waterstone Place Apartments
Property highlights
Nestled in lush suburban greenery, Waterstone Place Apartments offers a park-like setting in East Indianapolis. Priced well-below the metro average, this community boasts spacious, modern homes with ample amenities including a pool, playground, and dog park where both dogs and cats are welcome. Residents praise the well-maintained environment and friendly, attentive management, ensuring a peaceful and comfortable living experience. The location is ideal, with easy access to transportation and local eateries like Arts Skillet, alongside proximity to Castleton Square and major employers such as Eskenazi Health Center. In your new home, discover sophistication blended with the natural beauty and conveniences you deserve.
- 11 units available
- 1 Bed • 2 Beds • 3+ Beds
- Location
- 2755 Merlin Lake Dr, Indianapolis IN 46229
- Amenities
- 24hr laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Carport + more
- Price range
- $906 - $1,856 per month
- Commute
Browse Similar Places
Price and Availability
Waterstone Place Apartments apartments start at $906/month. There are 11 available apartments priced from $906 to $1,856. Prices were last verified by Waterstone Place Apartments
Never miss a deal!
Get immediate alerts when prices drop or new units arrive.
Turn on alerts
There aren't any studio apartments available. Turn on alerts to be notified once there are.
Unit 2760C
Avail. May 14
$906
Unit 10129C
Avail. May 1
$906
$903
Unit 10154C
Avail. May 15
$906
$903
Unit 10114G
Avail. Jul 1
$1,000
$997
Unit 10134H
Avail. Jul 1
$1,856
$1,853
Unit 10163C
Avail. now
$1,100
Unit 10113D
Avail. now
$1,100
Unit 10159F
Avail. May 22
$1,100
$1,056
Unit 10130H
Avail. Jul 1
$1,100
Unit 10184F
Avail. May 29
$1,215
Unit 10119A
Avail. Jun 2
$1,215
There aren't any 3 bedrooms available. Turn on alerts to be notified once there are.
Find apartments similar to Waterstone Place Apartments
How many bedrooms do you need?
Similar Listings
Location
Amenities
- 24hr Laundry
- Patio / Balcony
- Dishwasher
- Pet Friendly
- 24hr Maintenance
- Carport
Unit Amenities
- Air Conditioning
- Carpet
- Dishwasher
- Garbage Disposal
- Patio / Balcony
- Refrigerator
- Range
- Recently Renovated
- Walk In Closets
Property Amenities
- Dogs Allowed
- Pet Friendly
- Dog Park
- On-Site Laundry
- Parking
- Playground
- Pool
- Trash Valet
- Cats Allowed
- Accessible
- 24hr Laundry
- 24hr Maintenance
- BBQ/Grill
- Carport
- CC Payments
- E-Payments
- Guest Parking
- Internet Access
- Online Portal
Waterstone Place Apartments offers peaceful living in Far Eastside Indianapolis. We have one, two, and three-bedroom homes built for comfort, and yes, your pets are welcome too!You'll love our peaceful setting with a private lake, a swimming pool for fun, laundry facilities for convenience, and a playground for extra enjoyment. Plus, we have on-site management and maintenance to keep everything running smoothly. Enjoy a calm lifestyle while staying close to everything you need!
Verified reviews
We are collecting reviews from verified residents who have toured or leased from Waterstone Place Apartments. Check back soon.
Property Details (Fees & Lease)
Must have 3x the rent in total household income (before taxes)
If approved and qualified, applicants have the option to choose between paying a refundable security deposit or monthly non-refundable deposit waiver fee. This fee is paid throughout their entire residency.
- Pets allowed
- Cats, dogs
- rent
- 35.0
- limit
- 2
- fee
- 350.0
Explore the Area
- Luis's Fresh Market2.0 mi
- Kroger2.2 mi
- Walmart Neighborhood Market2.4 mi
- Aldi2.4 mi
- Walmart Supercenter2.5 mi
- More Than Just Pizza0.7 mi
- Pizza Hut0.8 mi
- O B's Pizza Pub & Eatery0.8 mi
- Domino's0.8 mi
- Wendy's1.2 mi
- Post-Aire Airport4.2 mi
- Indianapolis Regional Airport5.2 mi
- Morris Airport9.0 mi
- Indianapolis Metropolitan Airport9.2 mi
- Osgood Field10.5 mi
- 1.0 miSunny Heights Elementary School — Public, K-4, 503 students, 1.0 miles away,GreatSchools rating 2 out of 10.
- 1.0 miLakeside Elementary School — Public, K-4, 560 students, 1.0 miles away,GreatSchools rating 2 out of 10.
- 1.1 miStonybrook Middle School (7-8) — Public, 7-8, 617 students, 1.1 miles away,GreatSchools rating 2 out of 10.
- 1.3 miAndrew J Brown Academy — Charter, K-8, 646 students, 1.3 miles away,GreatSchools rating 2 out of 10.
- 1.3 miWarren Central High School — Public, 9-12, 3,829 students, 1.3 miles away,GreatSchools rating 3 out of 10.
- Data provided by GreatSchools. Ratings are based on test scores and additional metrics when available.
- Grassy Creek Regional Park0.7 mi
- Lappin Way Park0.8 mi
- Grassy Creek Park1.0 mi
- Bellamy Park1.2 mi
- Dubarry Park1.7 mi
- 30th Street Animal Hospital1.6 mi
- PetSmart2.5 mi
- Just 4 Paws3.4 mi
- The Fuffy Puppy4.1 mi
- Irvington Pet Clinic4.2 mi
Getting Around
Walk & Transit Scores
Walk Score: 13 — Car-Dependent, car required for most daily activities.Transit Score: 22 — Minimal public transit access available nearby.Public Transit Access
The area benefits from access to public transit options, such as 2 nearby routes: 2 bus, 0 rail, 0 otherNearby public transit stops include:
- Mithoeffer and Willowtree CW (~0.14 mi)
- Mitthoeffer and Conveyor (~0.55 mi)
- Mitthoefer Rd and 21st St (~0.75 mi)
- 21st St & Mitthoeffer Rd (~0.79 mi)
More Rental Options
Price
Amenities
Property Type
Cities
- Beech Grove, IN Apartments (8)
- Speedway, IN Apartments (5)
- Greenwood, IN Apartments (48)
- Lawrence, IN Apartments (8)
- New Whiteland, IN Apartments (4)
- Greenfield, IN Apartments (16)
- New Castle, IN Apartments (6)
- Whitestown, IN Apartments (17)
- Greensburg, IN Apartments (5)
- Avon, IN Apartments (10)
- Danville, IN Apartments (7)
- Plainfield, IN Apartments (16)
- Yorktown, IN Apartments (6)
- Columbus, IN Apartments (13)
- Fishers, IN Apartments (52)
- Bloomington, IN Apartments (309)
Counties
Neighborhoods
Frequently Asked Questions (FAQs)
Waterstone Place Apartments has 11 units available starting at $906 per month. Check out the Price and Availability section for the most up-to-date unit information.
In Indianapolis, IN, the average rent is $1,177 for a studio, $1,270 for a 1-bedroom, $1,476 for a 2-bedroom, and $1,821 for a 3-bedroom. For more information on rental trends in Indianapolis, IN, check out our monthly Indianapolis, IN Rent Report.
Some of Waterstone Place Apartments's amenities include 24hr laundry, patio / balcony, and dishwasher. To see the other amenities this property offers, check out the Amenities section.
Waterstone Place Apartments is offering the following rent specials: One Lucky Household. One Full Year of Free Rent, households must be in good standing with a zero balance by July 25, 2026.
Yes, Waterstone Place Apartments is pet-friendly.
Yes, Waterstone Place Apartments offers parking.
No, Waterstone Place Apartments does not offer units with in unit laundry.
Yes, Waterstone Place Apartments has a pool.
Yes, Waterstone Place Apartments has accessible units.
Yes, Waterstone Place Apartments has units with dishwashers.