INDIANAPOLIS — Parking meter hourly rates in select areas of the city will rise 25 cents next month — the first time there's been an increase in Indy's parking rates in 10 years.
The rise from $1.50 to $1.75 an hour goes into effect April 1 and will affect meters in Broad Ripple and in downtown Indianapolis along Massachusetts Avenue, according to a news release from ParkIndy.
Of the 4,211 metered parking spaces in Indianapolis, 1,931 of them are located in a zone ParkIndy calls the "downtown core area." That means the metered spaces there make up about 45% of all across the entire city.
The rate adjustments are calculated based on the consumer price index in the Midwest Region and are implemented once the total value meets or exceeds 25 cents, according to ParkIndy.
Parking meters near downtown and in residential areas are not affected by the rate adjustment and will stay at $1 an hour.
There will also be no change to parking meters' days and hours of operation. That will stay at 7 a.m. to 11 p.m. Monday through Saturday.
Notice of the upcoming changes will be displayed on pay box display screens as well as ParkIndy's website and social media pages.
For more information, visit parkindy.info or call 317-524-2247.
-
Greenfield corn maze honors late Colts owner Jim Irsay
Lark Ranch in Greenfield is paying tribute to late Indianapolis Colts owner Jim Irsay with a special corn maze this fall season.How the First Black Postmaster of McCordsville marked her stamp on history
Norma Florence, 84, has spent most of her life working in post offices across Central Indiana—from Camby to Broad Ripple. But in 1985, she made her mark in McCordsville in a historic way.17-year-old shot in Martindale Brightwood, found in abandoned apartment
Police are investigating after a 17-year-old boy was shot in an abandoned apartment early Monday morning.Natasha Howard scores 17 as Fever beat Mystics 84-65, clinch playoff spot
Natasha Howard scored 17 points and the Indiana Fever beat the Washington Mystics 94-65 on Sunday to clinch a spot in the 2025 WNBA playoffs.