Clearwater, Indianapolis, IN

Clearwater Neighborhood Guide Indianapolis, IN


Clearwater is a peaceful neighborhood located on the north side of Indianapolis, Indiana. It is nestled between the picturesque White River and Meridian Hills. Major roads and highways such as N. Keystone Avenue and Interstate 465 provide convenient access to the area, making it easily commutable to the rest of the city. Downtown Indianapolis and the popular Broad Ripple Village neighborhood, which features a vibrant arts scene and a variety of unique restaurants, bars, and shops, are just a short drive away.

What You Will Love about Clearwater, Indianapolis, Indiana

  • The neighborhood's close proximity to the White River, providing plenty of opportunities for outdoor activities like fishing, canoeing and hiking.
  • Its convenient location, nestled between major roads and highways, making commuting to downtown or other parts of the city a breeze.
  • The quiet, peaceful ambiance of the neighborhood, making it a great place for those seeking a relaxing environment.

What’s Nearby

Clearwater is near popular areas such as the Broad Ripple Village neighborhood, known for its arts scene, and the city's bustling downtown. It is also not far from the Fashion Mall at Keystone, a premier shopping destination. For nature lovers, the neighborhood is adjacent to the White River, offering abundant opportunities for outdoor activities.

The Rental Market

In the Clearwater neighborhood, the rental market for a 1-bedroom apartment averages around $1,376. Prices can vary, with the maximum average price observed at $1,662. This price range indicates a competitive rental market in the Clearwater neighborhood with good quality housing options.

Rental Price Stability

Rental rates in the Clearwater neighborhood are fairly stable, with a standard deviation of $81.74, which indicates that prices don’t fluctuate wildly and average values remain consistent.


The lifestyle in Clearwater is relaxed and serene, complemented by its beautiful surroundings near the White River. Residents can indulge in outdoor leisure activities without straying far from home, and the close proximity to downtown Indianapolis and Broad Ripple Village ensures a diverse selection of dining, shopping, and entertainment options.

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Explore the Neighborhood

There are 91 restaurants, 12 grocery stores, and 4 parks within a mile of the Clearwater neighborhood.

    Walmart Grocery Pickup & Delivery

    Retail, Food and Beverage Retail, Grocery Store

    0.7 miles

    7325 N Keystone Ave


    Retail, Big Box Store, Discount Store

    0.7 miles

    7325 N Keystone Ave

    Fresh Thyme Farmers Market

    Retail, Food and Beverage Retail, Grocery Store

    1.1 miles

    4225 E 82nd St

    Clearwater Crossing

    Retail, Shopping Mall

    1.1 miles

    4519 E 82nd St

    HercuLean Meal Prep

    Retail, Food and Beverage Retail, Grocery Store, Business and Professional Services, Food and Beverage Service, Dining and Drinking

    1.2 miles

    3832 E 82nd St

    Rivers Edge Shopping Center

    Retail, Shopping Mall

    1.2 miles

    4036 E 82nd St

Clearwater Apartments and Rentals

76 Rental properties in Clearwater, Indianapolis, IN.

  • Lake Clearwater property


    Lake Clearwater

    1–2 Beds • 1–2 Baths

    698–1361 Sqft

    5 Units Available

  • River Road Apartments property


    River Road Apartments

    1–2 Beds • 1–2 Baths

    470–1140 Sqft

    10+ Units Available

  • Northwood on the Trail property


    Northwood on the Trail

    1–3 Beds • 1–2 Baths

    728–1487 Sqft

    8 Units Available

  • Castle Creek property


    Castle Creek

    1–3 Beds • 1–2 Baths

    732–1273 Sqft

    Available 7/23

  • A62 Apartments property


    A62 Apartments

    1–3 Beds • 1 Bath

    647–1165 Sqft

    2 Units Available

  • College Courts of Nora property


    College Courts of Nora

    1–2 Beds • 1–2 Baths

    475–1140 Sqft

    5 Units Available

Cost of Living

basic bar chart art
CategoryCompare to State Avg.Compare to National Avg.

Clearwater Demographics

people in their homes

Clearwater Reviews

people smiling
  • Area Has Litter


    Say 4 of 4 renters

  • Good Place To Raise A Family


    Say 4 of 4 renters

  • Busy Streets


    Say 3 of 4 renters

  • Noise Late At Night


    Say 3 of 4 renters

  • Mostly Older Buildings


    Say 3 of 4 renters

  • Near Grocery Stores


    Say 3 of 4 renters

Clearwater Transportation

walk bike and transit


Walk Score®
The Walk Score© measures walkability on a scale of 0-100 based on walking routes to destinations such as dining and drinking, groceries, and shopping.

Somewhat Bikeable

Bike Score®

Minimal Transit

2 train stops, 1 other stop

The Indiana Rail Road Company

Train Stop

8888 Keystone Xing

Norfolk Southern

Train Stop

3950 Priority Way South Dr

Synovia Solutions


9330 Priority Way West Dr


Clearwater Schools

Neighborhoods Around Clearwater

NeighborhoodStudioAvg RentAnnual Change
NoraNeighborhood in Indianapolis, Indiana----
Broad Ripple VillageNeighborhood in Indianapolis, Indiana$1,399
AllisonvilleNeighborhood in Indianapolis, Indiana----
South Broad RippleNeighborhood in Indianapolis, Indiana$799
Keystone at The CrossingNeighborhood in Indianapolis, Indiana$1,683
DevingtonNeighborhood in Indianapolis, Indiana----
North CentralNeighborhood in Indianapolis, Indiana$1,328
St. Vincent - GreenbriarNeighborhood in Indianapolis, Indiana$878
Meridian KesslerNeighborhood in Indianapolis, Indiana$1,444--
Crooked CreekNeighborhood in Indianapolis, Indiana$816
GlendaleNeighborhood in Indianapolis, Indiana----
MillersvilleNeighborhood in Indianapolis, Indiana$841
MeadowsNeighborhood in Indianapolis, Indiana----
FairgroundsNeighborhood in Indianapolis, Indiana$939
EastwoodNeighborhood in Indianapolis, Indiana----
Delaware TrailNeighborhood in Indianapolis, Indiana----
Forest ManorNeighborhood in Indianapolis, Indiana----
The Retreat CondominiumsNeighborhood in Carmel, Indiana----
North Willow FarmsNeighborhood in Indianapolis, Indiana----
BrendonwoodNeighborhood in Indianapolis, Indiana----
Hunters GlenNeighborhood in Carmel, Indiana----
Driftwood HillsNeighborhood in Indianapolis, Indiana----
GreenbriarNeighborhood in Indianapolis, Indiana----
Woodland SpringsNeighborhood in Carmel, Indiana----
DevonshireNeighborhood in Indianapolis, Indiana----
Colonial VillageNeighborhood in Indianapolis, Indiana----
Orchard ParkNeighborhood in Indianapolis, Indiana----
BellaireNeighborhood in Indianapolis, Indiana----