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modified
5+ Days Ago

Highlights

  • Pet Friendly
  • Open layout
  • Modern fixtures
  • Washer, dryer
  • Refrigerator
  • Urban living
  • Suburban tranquility

Location

403 Wallace Ave, Indianapolis, IN 46201, USA|Near Eastside

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

  • High school nearby
  • Elementary school nearby
  • Images Available

Great for

  • Pet owners

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Downtown Indianapolis • 531 Virginia Ave

2 Beds

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Garfield Park • 2801 S Pennsylvania St

2 Beds

$1,599

featured image of 530 E Ohio St

Maxwell Apartments

Our team has verified this company

Downtown Indianapolis • 530 E Ohio St

2 Beds

$1,654

featured image of 3312 S Parker Ave

3312 S Parker Ave, Indianapolis, IN, 46237

Our team has verified this company

University Heights • 3312 S Parker Ave

2 Beds

$1,440

featured image of 360 Sandra Ln

North Perry • 360 Sandra Ln

2 Beds

$949–$1,596

featured image of 1335 Central Ave

Near Northside • 1335 Central Ave

2 Beds

$1,400

featured image of 515 E Market St

Downtown Indianapolis • 515 E Market St

2 Beds

$1,452–$1,524

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7936 Timber Ridge Dr

2 Beds

$1,161–$1,881

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Downtown Indianapolis • 531 Virginia Ave

2 Beds

$1,661–$1,759

Rent trends in Near Eastside

2-bedroom apartments at 403 Wallace Ave cost about 25% more than the average rent price for 2-bedroom apartments in Indianapolis.

Median rents as of Mar 14 2026.
Near Eastside
Indianapolis
A table of 2-bedroom apartment rental data trends in Indianapolis
MonthMedian Rent
March 2024$1,300
April 2024$1,305
May 2024$1,349
June 2024$1,338
July 2024$1,380
August 2024$1,377
September 2024$1,384
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
A table of 2-bedroom apartment rental data trends in Near Eastside
MonthMedian Rent
March 2024$1,025
April 2024$1,034
May 2024$1,028
June 2024$995
July 2024$996
August 2024$994
September 2024$1,075
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$1,187

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 403 Wallace Ave, Indianapolis, IN.
Last month$1,500

Schools near 403 Wallace Ave

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

Indiana School for the Deaf

1200 e 42nd st

indianapolis, IN, 46205

PK, K-12Public
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Internet available near 403 Wallace Ave

Getting around Indianapolis near 403 Wallace Ave

Walking

5/10
Some shops and stores are within a few minutes.

Driving

7/10
This area is close to freeways and has adequate parking options.

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 403 Wallace Ave, Indianapolis

Groceries

6/10
At least one supermarket within a 20-minute walk

Shopping

4/10
Several shops within walking distance

Cafes

4/10
Some cafés within walking distance

Restaurants

4/10
Some restaurants within a few minutes’ walk

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

3/10
At least one high school within a 30-minute walk

Parks

6/10
Large amount of park space nearby

Nightlife

4/10
Some bars within walking distance

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