Updated 2 Days Ago
Highlights
Pet Friendly
- Washer & dryer included
- Dedicated laundry room
- Two car detached garage
Location
243 Terrace Ave, Indianapolis, IN 46225, USA|Near Southside
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Property Overview
Convenient features include a washer and dryer, a dedicated laundry room, and a two-car detached garage. Nearby amenities support pet-friendly living and remote work, while the short distance to a top-rated elementary school and 15 property photos add to its overall appeal.
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
Elementary school nearby- Dishwasher
- Images Available
Great for
Pet owners
Work-from-home
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 | Residents Lounge |
| 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 |
|---|
About 243 Terrace Ave
Property Id: PSF8JQM2 Welcome to this beautifully renovated, 4 bed, 2 bath home in the charming Bates Hendricks neighborhood! Available for rent October 2026! HOUSE INFO: First Floor: Master bedroom with en suite bathroom. Second bedroom and additional bathroom. Second Floor: Two bedrooms. Dedicated laundry room with washer & dryer included. Fully fenced spacious front & back yard with a patio area perfect for a lounge or dining set. 2 car detached garage plus plenty of street parking. *Unfurnished LOCATION INFO: House is in the desirable 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: - Washer & dryer included - Wifi AT&T Fiber included - Google Smart home with smart locks - Pets allowed *Please avoid drive-bys as the home is currently occupied. All walkthroughs will need to be scheduled. 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
- Elementary school nearby
- There is an elementary school 0.2 miles away
- Dishwasher
- Dishwasher available in kitchen
- Images Available
- There are at least 10 photos of this property
- Outdoor space
- Easy access to the outdoors
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1.0 miles away
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 13% more than the average rent price for 4-bedroom apartments in Indianapolis.
Median rents as of Oct 31 2026.
Near Southside
Indianapolis
| Month | Median Rent |
|---|---|
| November 2024 | $1,804 |
| 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 | $2,004 |
| May 2026 | $1,984 |
| June 2026 | $2,068 |
| July 2026 | $2,009 |
| August 2026 | $1,971 |
| September 2026 | $1,995 |
| October 2026 | $1,976 |
| Month | Median Rent |
|---|---|
| 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 | $2,055 |
| May 2026 | $2,239 |
| June 2026 | $2,850 |
| July 2026 | $2,887 |
| August 2026 | $2,582 |
| September 2026 | $2,062 |
| October 2026 | $2,229 |
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
$104,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $104,000 annually to afford this 4-bedrooms monthly rent price of $2,600.
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.| 6 months ago | $2,750 |
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
Getting around Indianapolis near 243 Terrace Ave
Walking
6/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
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
8/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
6/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
7/10
Wide variety of cafés within a short drive, including some within walking distance
Restaurants
8/10
Wide variety of restaurants within a short drive, including some 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 20-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
8/10
Wide variety of bars within a few minutes' walk
Explore the area around 243 Terrace Ave
Ghotra Partners Inc
1402 S Meridian St
City Dogs Grocery
1028 Virginia Ave
Grace Foods
2153 Barth Ave
Safeway
2176 Shelby St
Market Square Tap Room
320 E Market St
Goodwill
1260 Shelby St
Sage Boutique
2130 S Garfield Dr
Nap or Nothing
872 Virginia Ave
Family Dollar
2245 Shelby St
Colts Pro Shop
500 S Capitol Ave
Legal Beans Coffee
1644 S Meridian St
Nine Lives Cat Cafe
1315 Shelby St
Harmony Tea Shoppe
1031 Virginia Ave
Bovaconti Coffee
1042 Virginia Ave
Company Kitchen
2120 S Meridian St
The Vault Indy
1542 S East St
Bryants Friendly Inn
1729 S East St
Ajs Lounge
1118 S Meridian St
SLB Beer House LLC
2033 S Meridian St
The Brass Ring Lounge
1245 Shelby St
Elevate CBD Bakery-Fountain Square
1006 Virginia Ave
Bakesmart
125 W South St
Gallery Pastry Bar
110 S Pennsylvania St
The Pantry
222 E Market St
Nikki's Gourmet Meals LLC
121 Monument Cir
Sexton Park
Baumann Park
Kelly Park
Ringgold Park
Park
Indy All Night
1324 S East St
1718 Housebar
1718 S East St
Indy's Burger Joint
1718 S East St
Taste of the Caribbean
Burger King
410 E Morris St
East St / Weghorst St
Raymond Street
East St / Lincoln St
Raymond Street
East St / Orange St
Raymond Street
East St / Orange St
Raymond Street
East St / Iowa St
Raymond Street
Indianapolis
Cardinal
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