1 Day Ago
Highlights
Pet Friendly
Location
243 Terrace Ave, Indianapolis, IN 46225, USA|Near Southside
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Property Overview
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
Images Available
Great for
Pet owners
Amenities for 243 Terrace Ave, Near Southside
Features
| Carpet | Dryer |
| Forced Air | Freezer |
| Hardwood Floor |
Appliances
| Dishwasher | Garbage Disposal |
| In-Unit Laundry | Microwave |
| Range/Oven | Refrigerator |
Tech
| Cable Ready | Wired For Internet |
Community
| Cats OK | Dogs OK |
| Onsite Laundry | Security Cameras |
Grounds
| Fenced Yard | Garage Parking |
| Lawn | Off-Street Parking |
| Outdoor Space |
Neighborhood
| Near Parks |
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
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 243 Terrace Ave
Property Id: 652651 This charming 4 bed, 2 bath home has been fully renovated with beautiful features throughout! Available for rent May 1 2026! HOUSE INFO: Kitchen has beautiful waterfall granite counters, stainless steel appliances with an open floor plan to living room & dining area. Laminate hardwood throughout & carpeted bedrooms. Fully fenced spacious yard with a paved patio area & 2 car garage. *Unfurnished LOCATION INFO: House is in the Bates Hendricks neighborhood, close to Downtown Indianapolis & Fountain Square. Easily walk or bike to restaurants, shopping, bars, and more. Close to all major highways/interstates and growing bike lanes makes it easy for commuters as well. OTHER INFO: - W/D Hookups - Tenant pays all utilities except wifi (Google Fiber included) - Google Smart home with smart locks - Pets allowed with fee *Please avoid drive-bys as the home is currently occupied. All walkthroughs will need to be scheduled with myself and the tenant. Thanks!
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 243 Terrace Ave compares to other nearby properties.
Positives
- Images Available
- There are at least 10 photos of this address
Address details
| Neighborhood | Near Southside |
|---|---|
| Zip code | 46225 |
| Type | House for rent |
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Rent trends in Near Southside
4-bedroom apartments at 243 Terrace Ave cost about 41% more than the average rent price for 4-bedroom apartments in Indianapolis.
Median rents as of Apr 4 2026.
Near Southside
Indianapolis
| Month | Median Rent |
|---|---|
| April 2024 | $1,822 |
| May 2024 | $1,877 |
| June 2024 | $1,870 |
| July 2024 | $1,838 |
| August 2024 | $1,861 |
| September 2024 | $1,852 |
| October 2024 | $1,853 |
| November 2024 | $1,810 |
| December 2024 | $1,816 |
| January 2025 | $1,854 |
| February 2025 | $1,885 |
| March 2025 | $1,942 |
| April 2025 | $1,993 |
| May 2025 | $2,025 |
| June 2025 | $2,040 |
| July 2025 | $1,984 |
| August 2025 | $1,900 |
| September 2025 | $1,894 |
| October 2025 | $1,885 |
| November 2025 | $1,810 |
| December 2025 | $1,820 |
| January 2026 | $1,842 |
| February 2026 | $1,868 |
| March 2026 | $1,942 |
| April 2026 | $1,999 |
| Month | Median Rent |
|---|---|
| June 2024 | $1,600 |
| June 2025 | $2,550 |
| July 2025 | $2,495 |
| September 2025 | $2,400 |
| October 2025 | $2,757 |
| November 2025 | $2,825 |
| December 2025 | $2,262 |
| January 2026 | $2,170 |
| February 2026 | $2,121 |
| March 2026 | $1,986 |
| April 2026 | $1,949 |
Affordability calculator
Can I afford to live at 243 Terrace Ave?
Bedrooms
4+ 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
$110,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $110,000 annually to afford this 4-bedrooms monthly rent price of $2,750.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 3 years ago | $2,400 |
Schools near 243 Terrace Ave
James A. Garfield School No. 31
307 lincoln st
indianapolis, IN, 46225
PK, K-8Public
C
Frederick Douglass School 19
2020 dawson st
indianapolis, IN, 46203
PK, K-8Public
C-
Impact Academy
320 n tibbs ave
indianapolis, IN, 46222
K-12Public
D
Impact Academy 2
320 n tibbs ave
indianapolis, IN, 46222
K-12Public
Impact Academy 3
320 n tibbs ave
indianapolis, IN, 46222
K-12Public
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Internet available near 243 Terrace Ave
Neighborhood
Near Southside | Indianapolis, IN
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Indianapolis near 243 Terrace Ave
Walking
6/10
Some shops and stores are within a few minutes.
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
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 243 Terrace Ave, Indianapolis
Groceries
7/10
At least one grocery store within a 15-minute walk
Shopping
5/10
Some shops within walking distance
Cafes
4/10
Few or no cafés within walking distance
Restaurants
6/10
Variety of restaurants within walking distance
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
5/10
At least one high school within a 30-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
5/10
Some bars within walking distance
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