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Updated 5+ Days Ago
Highlights
Pet Friendly
Location
327 N Sherman Dr, Indianapolis, IN 46201, USA|Near Eastside
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Amenities for 327 N Sherman Dr, Near Eastside
Apartment Amenities
| Air Conditioning | Central Air Conditioning |
| Hardwood Floor | Porch |
| Washer/Dryer Hookups |
Appliances
| In-Unit Laundry | Microwave |
| Refrigerator | Stove/Oven |
Building
| Cats OK | Dogs OK |
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.
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About 327 N Sherman Dr
This is a beautiful 2 bedroom/1 bath duplex home located in Center Township. The home comes with a refrigerator, stove/oven, microwave, and central air! This is just minutes from Downtown and Mass Ave. Plenty of parks are in the area. Pets are welcome. This home does not accept Section 8. All properties prohibit smoking/vaping. LEASE TERMS: 12 months. UTILITIES: Electric Stove Hook-up, Electric Dryer Hook-up, Gas Furnace, Gas Water Heater. TENANT PAYS: All Utilities except water. CENTRAL AIR: Yes. Pet Deposit/Pet Policy: A maximum of 2 pets per property will be allowed with a non-refundable pet fee of $300. There will be a $30 per pet per month charge for pet rent. The following breeds are restricted: Pit Bull and Rottweiler. By applying for eligible properties, Resident understands and agrees to auto-enrollment in the Asset Protect Renters Insurance Policy for $16.00/month without demand, payable with rent as outlined. This includes the mandatory $100,000 liability policy as well as $10,000 in personal property protection for the resident, OR Tenant must provide a copy of their Renters Insurance policy with CityPlace PM as Additional Interest PRIOR to moving in.
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 327 N Sherman Dr compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 326 sqft larger than other listings nearby
- Images Available
- There are at least 10 photos of this address
- Outdoor space
- Easy access to the outdoors
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
Address details
| Neighborhood | Near Eastside |
|---|---|
| Zip code | 46201 |
| Type | Apartment for rent |
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Rent trends in Near Eastside
2-bedroom apartments at 327 N Sherman Dr cost about 22% less than the average rent price for 2-bedroom apartments in Indianapolis.
Median rents as of Aug 29 2026.
Near Eastside
Indianapolis
| Month | Median Rent |
|---|---|
| September 2024 | $1,382 |
| October 2024 | $1,394 |
| November 2024 | $1,392 |
| 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 |
| Month | Median Rent |
|---|---|
| September 2024 | $1,083 |
| October 2024 | $1,153 |
| November 2024 | $1,104 |
| December 2024 | $1,034 |
| January 2025 | $1,012 |
| February 2025 | $1,000 |
| March 2025 | $999 |
| April 2025 | $1,075 |
| May 2025 | $1,078 |
| June 2025 | $1,098 |
| July 2025 | $1,089 |
| August 2025 | $1,087 |
| September 2025 | $1,100 |
| October 2025 | $1,112 |
| November 2025 | $1,120 |
| December 2025 | $1,170 |
| January 2026 | $1,162 |
| February 2026 | $1,186 |
| March 2026 | $1,190 |
| April 2026 | $1,181 |
| May 2026 | $1,196 |
| June 2026 | $1,152 |
| July 2026 | $1,112 |
| August 2026 | $1,149 |
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 2 years ago | $900 |
| 4 years ago | $850 |
Schools near 327 N Sherman Dr
Ralph Waldo Emerson School No. 58
321 n linwood ave
indianapolis, IN, 46201
PK, K-6Public
C-
Family Development Services - Windsor Village East
5950 e 23rd st
indianapolis, IN, 46218
PKPublic
Frederick Douglass School 19
2020 dawson st
indianapolis, IN, 46203
PK, K-8Public
C-
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 327 N Sherman Dr
Getting around Indianapolis near 327 N Sherman Dr
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 327 N Sherman Dr, Indianapolis
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
3/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within a few minutes’ walk
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
3/10
Some bars within walking distance
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