Updated 5+ Days Ago
Highlights
Pet Friendly
- 2 comfortable bedrooms
- Cozy home
Location
3423 N Sherman Dr, Indianapolis, IN 46218, USA|Forest Manor
Tour 3423 N Sherman Dr
Contact
T&H Realty Services
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Property management
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Amenities for 3423 N Sherman Dr, Forest Manor
Community
| Cats OK | Dogs OK |
Grounds
| Storage |
Services
| Package Service |
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 3423 N Sherman Dr
** Please sign up for the Waitlist via threaltyinc. com indianapolis-houses-for-rent to be notified when this home is available. Note: Applications are not accepted until the available date and the Rental Price is Subject to Change. ** Located in the East side of Indianapolis, close to parks and several restaurants. This cozy home has a kitchen equipped with all the essential appliances, plus cabinet space for easy storage and organization. 2 comfortable bedrooms ready to accomodate you. WARNING: Do not use a VPN when registering for a tour. 2-year lease preferred. Note: In addition to the monthly rent, residents will pay $45 each month for a Resident Benefits Package. Details: www threaltyinc com rbp Zero Deposit option for qualified applicants. Details can be found here: https www threaltyinc com our-deposit-waiver-program
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 3423 N Sherman Dr compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.8 miles away
- More space
- The 2-bedroom is 222 sqft larger than other listings nearby
- Extra storage
- In-unit features
- Package service
- More secure storage for delivery
Considerations
- Distance from transit
- More than 1.6 miles from public transportation
- Lacks images
- Fewer than 5 photos available for this property
Address details
| Neighborhood | Forest Manor |
|---|---|
| Zip code | 46218 |
| Type | House for rent |
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Rent trends in Forest Manor
2-bedroom apartments at 3423 N Sherman Dr cost about 20% more than the average rent price for 2-bedroom apartments in Indianapolis.
Median rents as of Oct 17 2026.
Forest Manor
Indianapolis
| Month | Median Rent |
|---|---|
| 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 |
| September 2026 | $1,299 |
| October 2026 | $1,297 |
| Month | Median Rent |
|---|---|
| April 2025 | $950 |
| June 2025 | $875 |
| July 2025 | $846 |
| August 2025 | $793 |
| April 2026 | $1,150 |
| August 2026 | $1,089 |
| September 2026 | $971 |
| October 2026 | $916 |
Affordability calculator
Can I afford to live at 3423 N Sherman Dr?
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
$43,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $43,000 annually to afford this 2-bedrooms monthly rent price of $1,075.
For more information on rent affordability, visit our rent calculator.
Schools near 3423 N Sherman Dr
Indiana School for the Deaf
1200 e 42nd st
indianapolis, IN, 46205
PK, K-12Public
Francis Bellamy Pre-School Center
9501 e 36th st
indianapolis, IN, 46236
PKPublic
Family Development Services - Windsor Village East
5950 e 23rd st
indianapolis, IN, 46218
PKPublic
Ips - Butler Lab at William Bell 60
3330 n pennsylvania
indianapolis, IN, 46205
PK, K-8Public
C+
Family Development Services, Inc. Service Center II Head Start
3637 n meridian st
indianapolis, IN, 46208
PKPublic
Neighborhood
Forest Manor | Indianapolis, IN
Getting around Indianapolis near 3423 N Sherman Dr
Walking
4/10
Some shops and stores are within a few minutes.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
4/10
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 3423 N Sherman Dr, Indianapolis
Groceries
6/10
Variety of groceries within a short drive
Shopping
3/10
Some shops within a short drive
Cafes
2/10
Few or no cafés within a short drive
Restaurants
6/10
Variety of restaurants within a short drive
Primary schools
6/10
At least one elementary school within a 15-minute walk
High schools
1/10
Closest high school further than a 30-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
3/10
Some bars within a short drive
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