11 Best Places to Live in Indianapolis

Posted on: April 21, 2020 at 8:35 am, in Neighborhood Feature

Moving to Indianapolis is a great decision because residents get a lot of choices when it comes to what area of the city they should move to. This state boasts abundant natural beauty that is hard to match along with numerous friendly-friendly attractions naturally built to encourage an active lifestyle. Well-paying jobs and high-quality education are a recurrent theme in Indianapolis.

Indianapolis

According to our records, the average price for all active listings within Indianapolis is $316,000, making it relatively affordable for most income ranges. Indianapolis contains a great range of options covering everything from dynamic, vibrant neighborhoods to peaceful laid-back towns.

Here is our round up of the top 11 neighborhoods to consider when moving to Indianapolis.

1. Traders Point

Traders Point is included among the top 20 places to live in Niche’s list for Indianapolis. The primary reason for this is the great range of options when it comes to affordable living, both with housing prices and the cost of living which is lower than average in other cities. Traders Point is a diverse place to live with excellent public schools, various family oriented activities, good leisure options, and fairly low crime rates.

The most notable and easily accessible places you could enjoy are Eagle Creek Park, The Park at Traders Point Christian Church, and downtown Indianapolis attractions, such as Traders Point Creamery, the Newfields, Zionsville Farmers Market, Coxhall Gardens in Carmel and more.

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4 beds / 4 baths
$510,000
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3 beds / 2 baths
$159,900
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4 beds / 7 baths
$699,000
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4 beds / 3 baths
$239,900

2. Wynnedale – Spring Hill

Wynnedale – Spring Hill is often regarded as one of the best neighborhoods in the city to live in. The cost of living here is around 8% lower than the national average. One important thing to note is the dense suburban feel with a population of more than 6,000+ residents. This quiet section of town has access to highly rated schools with many family-oriented activities, which is why it appeals to families.

There is one disadvantage of living in Wynnedale-Spring Hill: the transportation infrastructure could be improved upon. If you come from a well-connected area such as NYC, this is what you’ll miss the most.

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout’s exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

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3 beds / 2 baths
$189,900
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2 beds / 1 baths
$150,000
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3 beds / 2 baths
$150,000
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2 beds / 1 baths
$270,000

3. Lockerbie Square

If you’re a history buff and want to explore Indianapolis’s rich heritage, this is the neighborhood you’ll want to live in. Lockerbie Square is well known for being the home of Hoosier poet James Whitcomb Riley.

Fans of architecture from the early 20th century will appreciate everything that downtown Indianapolis has to offer.

Home to famous Hoosier poet James Whitcomb Riley, Lockerbie Square was Downtown’s first historic district in the National Register of Historic Places. It’s a vibrant neighborhood with tree-lined cobblestone and brick streets and renovated houses – from cozy cottages to mansions. A very active neighborhood association (population around 400) makes for good neighbors. Rich with history and charm, these elegant homes are perfect for families or those looking for a little peace and quiet while staying close to the center of Downtown.

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3 beds / 5 baths
$1,000,000
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3 beds / 3 baths
$407,500
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2 beds / 2 baths
$350,000
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2 beds / 2 baths
$489,900

4. Clearwater

Clearwater is regarded by many residents as one of the coziest places to live in Indianapolis.  The neighborhood has a unique sparse suburban feel because it has fewer than four thousand residents. It is close enough to big cities, yet distant enough to enjoy peace and quiet. Low cost of living and affordable housing options make this neighborhood the ideal place for families. Because the crime rates are low here, residents consider Clearwater to be a safe place. Analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 55.1%. This is a higher percent living alone than we found in 98.5% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.

6. 16 Tech

16 Tech is poised to become Downtown’s technology district and will serve as an innovation hub for Indianapolis.  The $500 million neighborhood will definitely appeal to progressive individuals. 16 Tech will serve as a home for technology, life science, and manufacturing companies that will attract top talent from all over the world. One area that deserves deserve special mention is Stadium Lofts with its assortment of unique live-and-work spaces inside the historic Bush Stadium.

16 Tech will be a 24-hour place where people can live and play with: Housing, retail, hotel, 15 acres of greenspace, 3 miles of biking & walking trails and access to White River and Fall Creek

 

7. Fountain Square

Fountain Square has the ideal mix of commercial and residential options, making it Indianapolis’s own little microcosm of urban life. Fountain Square started out as a predominantly German area before the Italian and Irish reshaped the area with their strong work ethic, giving it a slightly European shape.

If you’re an aspiring artist, this may be the perfect place to get inspiration because you’ll find many of your contemporaries here. Moreover, the neighborhood has almost everything to offer, including foods, drinks, and a very active nightlife. Parks & Recreation, Garfield Park Conservatory and Sunken Gardens, The Fountain Square Theatre Building are some attractions. It is also easily Access Downtown Attractions, you’re never more than a quick drive to top places to play and explore, like the Indianapolis Zoo, White River State Park, The Children’s Museum, Newfields, and more.

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4 beds / 3 baths
$499,900
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3 beds / 2 baths
$239,000
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3 beds / 3 baths
$395,000
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2 beds / 2 baths
$199,900

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8. Butler-Tarkington

Butler-Tarkington has a tiny population of around 10,000 residents. It is tucked in a quiet corner of Marion County, making it one of the best places to call home in Indianapolis. The attractions of this northern lying neighborhood is Tarkington Park, Newfields & The Virginia B. Fairbanks Art & Nature Park, Butler University: Holcomb Gardens, and Easily Access Downtown Attractions like the Indianapolis Zoo, White River State Park, The Children’s Museum, and more. a mix of diverse people from various backgrounds, including professionals and families. Butler-Tarkington is in extremely close proximity to multiple restaurants and bars, including Five-Eighteen and Meridian Restaurant & Bar.

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3 beds / 3 baths
$339,900
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1 beds / 1 baths
$174,900
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4 beds / 3 baths
$89,900
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0 beds / 1 baths
$79,000

9. Meridian Hills

Meridian Hills is a small suburb of only about 1700 residents who are an eclectic mix of middle class professionals and affluent, with median income levels at around $180,000 per household. Some of the main benefits of living here include affordable home prices and the cost of living. The quality of life here is also extremely well balanced, with high quality schools and parks for the whole family to enjoy. This upscale neighborhood is the go-to place for affluent families that seek a quiet place to retreat to. These urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.

10. Geist

Geist is a charming little town that is boasting various amenities including low cost of living, decent employment rate, and highly rated schools. If you’re big on waterfront properties, you’ll find plenty of real estate to explore in this neighborhood. Geist Marina (a full-service marina, you can rent slips and pontoons, launch your boats & store your boat for winter.) Fort Harrison State Park, Geist Park and there are plenty of places to enjoy good food and drinks 

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3 beds / 3 baths
$274,900
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6 beds / 5 baths
$785,000
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4 beds / 4 baths
$521,900
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3 beds / 2 baths
$163,000

11. Fishers

According to The Crazy Tourist, Fishers in Hamilton Country has won numerous accolades from national publications. It sits just outside Indianapolis with a relatively high population of around 83,000 residents. Because of such a diverse population, Fishers also happens to be one of the most affluent neighborhoods in Indianapolis.  With 24 parks, more than 60 sports fields and more than 100 miles of trails and greenways, the Fishers Parks and Recreation department has it all. Including The Nickel Plate District, Amphitheater (free summer concerts and movies), Fishers Freedom Festival on Independence Day, the fall Boo Bash and the winter Frost Fest. 

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3 beds / 3 baths
$216,900
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3 beds / 3 baths
$260,000
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4 beds / 3 baths
$274,500
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5 beds / 4 baths
$445,000

So which place did you like the best? Let us know in the comments below.


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