Waterfront Terrace Apartments | 1, 2 & 3 Bedrooms in Indianapolis, IN

Now leasing one, two & three bedrooms — from $850/mo · Se habla español

Waterfront TerraceIndianapolis, IN
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Landscaped courtyard with seating and playground at Waterfront Terrace

Apartments & townhomes · Indianapolis, IN

A place to settle in, minutes from I‑74 and I‑465.

One, two and three bedroom homes with heat and air included, a private patio or balcony, and an on-site team that actually answers.

Starting at$850/mo
See floor plans

Apply online in minutes.

One short application, straight from your phone. Nothing to print, no appointment, no waiting on a callback.

5

Floor plans, one to three bedrooms

648–1,034

Square feet, apartments and townhomes

On site

Management and maintenance, every day

Español

Bilingual leasing team, se habla español

Floor plans

Five layouts. Every price listed.

These are current starting rents. Availability changes daily, so check before you fall for one.

One bedroom living room with sliding door to a private balcony

One Bedroom

1 bed 1 bath 648 sq ft

$850/mo starting

Two bedroom living and dining area with kitchen pass-through

Two Bedroom

2 bed 1 bath 810 sq ft

$1,025/mo starting

Fully equipped kitchen with dishwasher and full-size range Most space

Two Bedroom, 1.5 Bath

2 bed 1.5 bath 1,008 sq ft

$1,226/mo starting

Upgraded kitchen with breakfast bar and pendant lighting Upgraded finishes

Two Bedroom, 1.5 Bath

2 bed 1.5 bath 960 sq ft

$1,350/mo starting

Townhome exteriors with lawn and walkways at Waterfront Terrace Townhome layouts

Three Bedroom

3 bed 2 bath 1,034 sq ft

$1,500/mo starting

Not sure which one fits?

Start the application and tell us your bedroom count and move-in date. We'll match you with the homes that are actually open.

Pricing and availability are subject to change without notice. Square footage is approximate.

Amenities

Everything here is included in the rent.

No add-on fees for the fitness center, the clubhouse or the laundry room. It comes with the apartment.

Fitness and cardio center with free weights, bench and cardio equipment
Fitness & cardio centerFree weights, bench and cardio. Cancel the gym membership.
Landscaped courtyard with lounge seating and playground
Courtyard & playgroundLandscaped grounds with seating, and somewhere for the kids to go.
Interior with tall sliding glass door and staircase in a townhome
Light-filled homesSkylights and high ceilings in select apartments.

In your apartment

  • Fully equipped kitchen — refrigerator, oven and range, dishwasher, disposal
  • Central heat and air
  • Private patio or balcony
  • Large closets plus additional outside storage
  • Faux wood and carpet flooring
  • High-speed internet available
  • Skylights and high ceilings Select homes
  • Washer and dryer hookups Select homes

On the property

  • Fitness and cardio center
  • Resident clubhouse and cafe
  • Entertainment and recreation center
  • Playground
  • Laundry center on site
  • Professional on-site management and maintenance
  • Bilingual team — se habla español

Neighborhood

3510 Kebil Drive, on the west side.

Two interstates within minutes, which is the difference between leaving at 7:15 and leaving at 6:40.

  • I‑74Quick, easy highway access
  • I‑465Straight shot around the city
  • IMSMinutes from the Indianapolis Motor Speedway
  • NearbyShopping, dining, entertainment and major employers
Open in Google Maps
Exterior buildings and lawn at Waterfront Terrace

How it works

Three steps, application to keys.

Step one

Apply online

Fill out one short application from your phone. It takes a few minutes and there's nothing to print.

Step two

We review it

Our on-site team goes through your application and follows up if we need anything else from you.

Step three

Move in

Once you're approved we set your move-in date and hand over the keys.

Apply

Start your application.

Availability changes daily and homes are held for approved applicants. Applying is how you get in line for the one you want.

  • Address3510 Kebil Drive, Indianapolis, IN 46224
  • CallLeasing office
  • HablamosEspañol — our on-site team is bilingual

Apply online in minutes

One short form. Fill it out from your phone — nothing to print and no appointment needed.

  • Takes a few minutes on your phone
  • One, two and three bedrooms plus townhomes
  • Reviewed by the on-site team, not a call center
  • Se habla español

Waterfront Terrace is an Equal Housing Opportunity provider.

Good to know

Questions we get a lot.

What does rent actually include?

Every apartment comes with central heat and air, a fully equipped kitchen with dishwasher and disposal, large closets, additional outside storage, and a private patio or balcony. Use of the fitness center, clubhouse and cafe, recreation center, playground and on-site laundry center is included for residents at no extra charge.

How much are the apartments?

One bedrooms start at $850 a month, two bedrooms at $1,025, and three bedrooms at $1,500. Townhome layouts are available. Those are current starting rents and they change with availability.

Which homes have washer and dryer hookups?

In-home washer and dryer hookups, skylights, high ceilings and upgraded finishes are available in select apartments rather than every home. Note what you're looking for on your application and the on-site team will match you with the homes that have it.

Do you have anyone on site?

Yes. Management and maintenance are here in the building every day, not routed to a call center. Our team is bilingual, so the conversation can happen in English or Spanish.

Where exactly are you?

3510 Kebil Drive, Indianapolis, IN 46224, on the west side with quick access to both I‑74 and I‑465. Shopping, dining, major employers and the Indianapolis Motor Speedway are all close by.

Now leasing

Apply online today.

One, two and three bedroom apartments and townhomes from $850 a month. Availability changes daily — get your application in for the home you want.

Call the office
Waterfront Terrace Apartments 3510 Kebil Drive
Indianapolis, IN 46224
Call the leasing office
Floor plans One bedroom from $850
Two bedroom from $1,025
Three bedroom from $1,500
Townhome layouts available
On site Fitness & cardio center
Clubhouse & cafe
Recreation center · Playground
Laundry center · Se habla español

Equal Housing Opportunity. Waterfront Terrace does not discriminate on the basis of race, color, religion, national origin, sex, familial status, disability, or any other class protected by federal, state or local law. Pricing and availability are subject to change without notice and do not constitute an offer or guarantee of a specific apartment or rate. Square footage is approximate. Features noted as select homes are available in some apartments only. Photographs show representative homes.