Updated 14 Hours Ago
Highlights
- Low-maintenance living
- Open floor plan
Location
320 N Sherman Dr #A, Indianapolis, IN 46201, USA|Near Eastside
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Amenities for 320 N Sherman Dr #A, Near Eastside
Features
| Central Air |
Community
| Basement |
Services
| Concierge Service | Package Service |
Other
| Exterior Type: Vinyl with Brick | Two 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.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 320 N Sherman Dr #A
Sweet deal!
This listing is 16% below the median price for studio apartments in Near Eastside.
Property Status: Active Discover the charm in Indianapolis. This duplex blends comfort and efficiency, ideal for minimalist living. Its open floor plan allows for personalized space, featuring a full bath and easy access to local amenities and city attractions. Perfect for busy professionals or those seeking low-maintenance living, this unit offers stress-free convenience in a vibrant neighborhood. Embrace a lifestyle that balances simplicity and practicality. The refrigerator will be placed before the move-in date. In addition to rent, tenants are responsible to pay $150 per month for all utilities. 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. 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 320 N Sherman Dr #A compares to other nearby properties.
Positives
- Images available
- There are at least 10 photos of this address
- Package service
- More secure storage for delivery
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
Address details
| Neighborhood | Near Eastside |
|---|---|
| Zip code | 46201 |
| Type | Condo for rent |
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Rent trends in Near Eastside
studio apartments at 320 N Sherman Dr #A cost about 16% less than the average rent price for studio apartments in Indianapolis.
Median rents as of Sep 12 2026.
Near Eastside
Indianapolis
| Month | Median Rent |
|---|---|
| September 2024 | $1,103 |
| October 2024 | $1,131 |
| November 2024 | $1,126 |
| December 2024 | $1,105 |
| January 2025 | $1,194 |
| February 2025 | $1,191 |
| March 2025 | $1,151 |
| April 2025 | $1,121 |
| May 2025 | $1,139 |
| June 2025 | $1,158 |
| July 2025 | $1,185 |
| August 2025 | $1,178 |
| September 2025 | $1,065 |
| October 2025 | $1,063 |
| November 2025 | $1,048 |
| December 2025 | $1,029 |
| January 2026 | $1,039 |
| February 2026 | $1,034 |
| March 2026 | $1,004 |
| April 2026 | $955 |
| May 2026 | $951 |
| June 2026 | $892 |
| July 2026 | $871 |
| August 2026 | $888 |
| September 2026 | $936 |
| Month | Median Rent |
|---|---|
| September 2024 | $1,009 |
| October 2024 | $957 |
| November 2024 | $984 |
| December 2024 | $774 |
| January 2025 | $742 |
| February 2025 | $630 |
| March 2025 | $1,199 |
| April 2025 | $1,049 |
| May 2025 | $1,199 |
| June 2025 | $1,149 |
| July 2025 | $1,199 |
| August 2025 | $1,008 |
| September 2025 | $690 |
| October 2025 | $696 |
| November 2025 | $953 |
| December 2025 | $908 |
| January 2026 | $945 |
| February 2026 | $924 |
| March 2026 | $898 |
| April 2026 | $650 |
| May 2026 | $628 |
| June 2026 | $625 |
| July 2026 | $625 |
Affordability calculator
Can I afford to live at 320 N Sherman Dr #A?
Bedrooms
StudioRent-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
$21,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $21,000 annually to afford this studio monthly rent price of $525.
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.| 2 months ago | $525 |
Schools near 320 N Sherman Dr #A
Ralph Waldo Emerson School No. 58
321 n linwood ave
indianapolis, IN, 46201
PK, K-6Public
C-
Frederick Douglass School 19
2020 dawson st
indianapolis, IN, 46203
PK, K-8Public
C-
Family Development Services - Windsor Village East
5950 e 23rd st
indianapolis, IN, 46218
PKPublic
Francis Bellamy Pre-School Center
9501 e 36th st
indianapolis, IN, 46236
PKPublic
Ips - Butler Lab at William Bell 60
3330 n pennsylvania
indianapolis, IN, 46205
PK, K-8Public
C+
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Internet available near 320 N Sherman Dr #A
Getting around Indianapolis near 320 N Sherman Dr #A
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 320 N Sherman Dr #A, Indianapolis
Groceries
8/10
Wide variety of groceries within a few minutes' walk
Shopping
6/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
5/10
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 10-minute walk
High schools
6/10
At least one high school within a 20-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
6/10
Wide variety of bars within a short drive, including some within walking distance
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