Updated 1 Hour Ago
Highlights
- Open layout
- Modern comfort
- Convenient location
- High speed internet
- Elegant hardwood floors
Location
1040 Division St, Indianapolis, IN 46221, USA|West Indianapolis
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Property Overview
1040 Division St offers an open layout with modern comfort, elegant hardwood floors, and a convenient location. It stands out for strong value for money, a helpful 20-photo listing, and features that support work-from-home living, including high-speed internet, large windows for natural light, and two nearby internet provider options.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- Elementary school nearby
- Images Available
Great for
Work-from-home
Amenities for 1040 Division St, West Indianapolis
Features
| 2 Floors | Forced Air |
| Hardwood Floor | Window Units |
Services
| Concierge Service | Package Service |
Other
| Exterior Type: Vinyl Siding | Five Rooms |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
About 1040 Division St
Property Status: Active Experience charm and modern comfort in Indianapolis. This duplex offers two spacious bedrooms and a stylish full bath. Enjoy elegant hardwood floors and an open layout connecting living and dining areas, perfect for entertaining. Large windows invite natural light, creating an airy atmosphere. Conveniently located near attractions, dining, and shopping, this home is ideal for making cherished memories. Discover cozy sophistication in your next rental. In addition to rent, tenants are responsible to pay the shared monthly water/sewer bill. All residents will be enrolled in a Resident Benefits Package (RBP) and these packages range from $45 - $55 per month and include benefits such as liability insurance, credit building to help boost the resident's credit score with timely rent payments, up to $1M Identity Theft Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, on-demand pest control, and much more! More details upon application. This home comes with high speed internet up to 1 Gig at an exclusive group rate of $69.00, and includes 24/7 premium support and setup to help get you connected at move-in Office Phone: (317) 842-3400 Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1040 Division St compares to other nearby properties.
Positives
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- Elementary school nearby
- There is an elementary school 0.4 miles away
- Images Available
- There are at least 10 photos of this property
- Package service
- More secure storage for delivery
Address details
| Neighborhood | West Indianapolis |
|---|---|
| Zip code | 46221 |
| Type | House for rent |
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Rent trends in West Indianapolis
2-bedroom apartments at 1040 Division St cost about 5% less than the average rent price for 2-bedroom apartments in Indianapolis.
Median rents as of Oct 24 2026.
West Indianapolis
Indianapolis
| Month | Median Rent |
|---|---|
| November 2024 | $1,391 |
| December 2024 | $1,378 |
| January 2025 | $1,389 |
| February 2025 | $1,389 |
| March 2025 | $1,333 |
| April 2025 | $1,312 |
| May 2025 | $1,322 |
| June 2025 | $1,312 |
| July 2025 | $1,298 |
| August 2025 | $1,290 |
| September 2025 | $1,266 |
| October 2025 | $1,275 |
| November 2025 | $1,275 |
| December 2025 | $1,256 |
| January 2026 | $1,245 |
| February 2026 | $1,239 |
| March 2026 | $1,250 |
| April 2026 | $1,250 |
| May 2026 | $1,275 |
| June 2026 | $1,288 |
| July 2026 | $1,270 |
| August 2026 | $1,290 |
| September 2026 | $1,299 |
| October 2026 | $1,297 |
| Month | Median Rent |
|---|---|
| November 2024 | $1,007 |
| December 2024 | $1,019 |
| January 2025 | $1,013 |
| February 2025 | $950 |
| March 2025 | $983 |
| April 2025 | $1,044 |
| May 2025 | $1,004 |
| June 2025 | $1,017 |
| July 2025 | $989 |
| August 2025 | $964 |
| September 2025 | $969 |
| October 2025 | $907 |
| November 2025 | $1,015 |
| December 2025 | $1,053 |
| January 2026 | $1,010 |
| February 2026 | $1,002 |
| March 2026 | $999 |
| April 2026 | $956 |
| May 2026 | $1,037 |
| June 2026 | $997 |
| July 2026 | $969 |
| August 2026 | $981 |
| September 2026 | $942 |
| October 2026 | $931 |
Affordability calculator
Can I afford to live at 1040 Division St?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$35,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $35,000 annually to afford this 2-bedrooms monthly rent price of $875.
For more information on rent affordability, visit our rent calculator.
Schools near 1040 Division St
William Penn School No. 49
1720 w wilkins st
indianapolis, IN, 46221
PK, K-8Public
C
Impact Academy
320 n tibbs ave
indianapolis, IN, 46222
K-12Public
D
Impact Academy 3
320 n tibbs ave
indianapolis, IN, 46222
K-12Public
Impact Academy 2
320 n tibbs ave
indianapolis, IN, 46222
K-12Public
Frederick Douglass School 19
2020 dawson st
indianapolis, IN, 46203
PK, K-8Public
C-
Getting around Indianapolis near 1040 Division St
Walking
5/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 1040 Division St, Indianapolis
Groceries
8/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
5/10
Variety of shops within a short drive
Cafes
6/10
Variety of cafés within a short drive
Restaurants
7/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
1/10
Closest high school further than a 30-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
8/10
Wide variety of bars within a short drive, including some within walking distance
Explore the area around 1040 Division St
Guanajuato1 Carniceria
1269 Oliver Ave
Ghotra Partners Inc
1402 S Meridian St
Kroger
227 W Michigan St
Kroger
2630 W Michigan St
Market Square Tap Room
320 E Market St
Family Dollar
2135 W Morris St
Colts Pro Shop
500 S Capitol Ave
Goodwill of Central & Southern Indiana Inc
1635 W Michigan St
Freestyle
49 W Maryland St
Hot Topic
49 W Maryland St
Starbucks
10 S West St
Starbucks
350 W Maryland St
Legal Beans Coffee
1644 S Meridian St
Starbucks
225 W Washington St
Starbucks
1 S Capitol Ave
Harding Pub & Grub
525 S Harding St
TJS Bar & Grill LLC
525 S Harding St
Tavern on South
423 W South St
High Velocity
10 S West St
Ajs Lounge
1118 S Meridian St
St Athanasius Bakery
1117 Blaine Ave
Mama Ines Mexican Bakery
2015 W Washington St
Bakesmart
125 W South St
Gallery Pastry Bar
110 S Pennsylvania St
Nikki's Gourmet Meals LLC
121 Monument Cir
McCarty Triangle Park
Little Valley Park
Riley Park
Playground
Playground
Wendy's
1450 W Morris St
Subway
1224 S Harding St
Santorini Greek Kitchen
950 S White River Pky West Dr
Flor, Inc
1269 Oliver Ave
Harding Pub & Grub
525 S Harding St
Division St / Morris St
Mars Hill
Division St / Morris St
Mars Hill
Morris St / Blaine Ave
Mars Hill
Morris St / Blaine Ave
Mars Hill
Division St / Oliver Ave
Mars Hill
Indianapolis
Cardinal
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