Colonial Square Apartments

5650 Renn Lane, Indianapolis, IN 46220

Waiting List Forecast: Likely Long or Closed

check_circleVerified for 2020 by Gene B. Glick Marketing, Ben D. Layfield, Colleen Carter
Rent Beds Baths SqFt
Call for Rents 1 - 3 Beds 1 - 1.5 Bath 744 - 1,085 Sq Ft
check_circle  Pets Allowed
check_circle  Project-Based Rental Assistance

Waitlist Forecast

Since this property may have a Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

Colonial Square Apartments is located on the West side of Indianapolis, IN in Pike Township. Transportation around Indianapolis is a breeze from Colonial Square with convenient access to the IndyGo bus line and direct access to I-65. Colonial Square is pet friendly and offers several community amenities including a community clubhouse, multiple playgrounds, and planned community events. The apartment homes feature large living and dining spaces, step-saver kitchens, and a garden patio or balcony. This community is managed by the Gene B. Glick Company.

Dave's Thoughts On Colonial Square Apartments

Since Colonial Square Apartments participates in the Section 8 Project-Based Rental Assistance program, your rent would be subsidized. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. Also, project-based Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. Since this property participates in the Section 8 Project Based Rental Assistance program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Colonial Square Apartments Amenities

  • Playground
  • Community Room
  • On-Site Manager
  • Organized Activities
  • 24hr Emergency Maintenance
  • Central Air
  • Garbage Disposal
  • Window Coverings
  • Water Trash and Sewer Included
  • Resident Service Coordinator
  • Energy Saving Windows
  • Open Parking
  • Private Patio and Balcony
  • Heat Included
  • Spacious Living Rooms
  • Extra Closet Space

Units at Colonial Square Apartments

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 744ft2 Call for Price
2 Bedroom (2/1) 990ft2 Call for Price
2 Bedroom Townhouse (2/1.5) 992ft2 Call for Price
3 Bedroom Townhouse (3/1.5) 1085ft2 Call for Price

Income Qualification for Colonial Square Apartments

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people
30% AMI for PBRA Units $20,300 / year $23,200 / year $26,100 / year $30,000 / year $35,140 / year $40,280 / year
50% AMI for LIHTC Units $33,850 / year $38,700 / year $43,550 / year $48,350 / year $52,250 / year $56,100 / year
50% AMI for PBRA Units $33,850 / year $38,700 / year $43,550 / year $48,350 / year $52,250 / year $56,100 / year
80% AMI for PBRA Units $54,150 / year $61,900 / year $69,650 / year $77,350 / year $83,550 / year $89,750 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Colonial Square Apartments

Does Colonial Square Apartments have a waiting list?

Colonial Square Apartments probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Colonial Square Apartments?

We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.

What property management company manges Colonial Square Apartments?

Colonial Square Apartments is managed by Gene B. Glick Company, Inc headquartered in Indianapolis, IN.

In addition to Colonial Square Apartments, how many other affordable housing properties (and units) are there in Indianapolis?

In addition to Colonial Square Apartments, we list 612 other affordable properties in Indianapolis. Learn about these properties here. Our data research shows that there are a total of 22718 affordable units in Indianapolis.

Listings Near Colonial Square Apartments

Nora Commons on the Monon

8905 Evergreen Ave, Indianapolis, Indiana 46240

bed 1-2
payment $776-1082/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Brookhaven at County Line Road

940 Wild Indigo Ln, Indianapolis, Indiana 46227

bed 1-2
payment $634-865/mo.
switch_access_shortcut Short Wait

Preston Pointe Apartments

5910 E. 12th St, Indianapolis, Indiana 46219

bed 1-2
payment $366-841/mo.
switch_access_shortcut Short Wait

Thirty Four North Apartments

3402 N Meridian St, Indianapolis, Indiana 46208

bed Studio-4
payment $300-1110/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Walnut Ridge Apartments

3347 North Emerson Avenue, Indianapolis, Indiana 46218

bed 1-2
payment $270-820/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Woodlake Apartments

7401 Merganser Drive, Indianapolis, Indiana 46260

bed 1-3
payment Subsidized
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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