The average rent in Alexandria, IN is $955.
In Alexandria 40% of the housing is rented out compared to 60% of homes are owned, according to the most recent Census Bureau estimates. 2% of Alexandria's apartments are found in large buildings of 50 units or more, 87% are located in smaller apartment complexes with less than 50 units, and 11% are single-family rentals.
The average age of rental buildings in Alexandria is 63 years old, with none being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 2 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.
Rental apartments in Alexandria come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 1% of the total apartments in the city, while 2-bedroom floorplans represent around 75% of all rentals in Alexandria. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.
Alexandria, situated in Madison County, is approximately 50 miles northeast of Indianapolis, a major urban center in the state. The city's geographical location allows residents to enjoy the tranquility of a smaller town while having convenient access to the amenities of a larger city.
Historically, Alexandria has been known for its glass manufacturing, fostering a community with deep roots in industrial craftsmanship. Today, the local economy is supported by a blend of manufacturing, retail, and service industries, attracting renters from various sectors.
The city boasts several parks and recreational areas, such as Beulah Park, which offers walking trails and picnic facilities ideal for family outings and leisure activities. Alexandria also prides itself on its community spirit reflected in local arts and cultural scenes. The Alexandria Monroe Historical Society Museum showcases the city's rich history and the legacy of the glass industry.
Culinary experiences in Alexandria range from traditional American diners to more contemporary cuisine options, providing a spectrum of dining choices for residents. For educational opportunities, the Alexandria Community School Corporation offers programs that cater to the needs of local families, emphasizing both academic and extracurricular development.
Renting options in Alexandria vary, from historic homes to more modern apartments, catering to diverse preferences. The downtown area features architectural styles that reflect the city's historical development, with proximity to local businesses and cultural institutions.
In neighborhoods like West Alexandria, renters can find single-family homes that offer a suburban feel, suitable for families or those desiring more space. For young professionals or singles, the central districts provide apartments and smaller homes that keep them close to nightlife and the city’s primary services.
Properties often showcase characteristics from early and mid-20th century architecture, with renovations that add contemporary amenities without losing historical charm. This blend of old and new makes Alexandria appealing to a range of renters, from young professionals to retirees.
Alexandria offers a variety of shopping experiences, from its local downtown shops to nearby larger shopping centers like the Mounds Mall in Anderson. Downtown Alexandria is known for its local crafts and antique stores, providing shoppers with unique finds and gifts.
For everyday needs, residents can visit common grocery chains like ALDI and Walmart, located a short drive away in neighboring communities. The city’s retail scene also includes local brands that highlight Indiana’s heritage, offering products ranging from handmade glass to locally produced foods.
Public transportation options in Alexandria include bus services provided by the Central Indiana Regional Transportation Authority (CIRTA), which connects Alexandria with larger nearby cities, including Anderson and Muncie. These connections make it easier for residents without personal vehicles to commute for work, school, or leisure.
For more extensive travel, the nearest major airport is Indianapolis International Airport, which is accessible via major highways like I-69, facilitating regional and international travel. While Alexandria itself is not served by a direct train service, thoroughfares such as State Road 9 and Interstate 69 connect it efficiently to the broader Indiana road network.
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