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5+ Days Ago

Location

4242 Norwaldo Ave, Indianapolis, IN 46205, USA|Fairgrounds

Available rentals nearby

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The Grounds

Our team has verified this company

Near Northside • 2136 Central Ave

3 Beds

$2,743

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Broad Ripple • 6159 Winthrop Ave

3 Beds

$2,099–$2,199

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Chatard • 1101 E 56th St

3 Beds

$2,695

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Broad Ripple • 6131 Ralston Ave

3 Beds

$2,345

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North Central • 1111 Island Woods Dr

3 Beds

$2,400

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Chatard • 5845 Brouse Ave

3 Beds

$2,400

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Meridian Kessler • 3801 N Meridian St

3 Beds

$1,599–$2,387

featured image of 2620 Central Ave

Near Northside • 2620 Central Ave

3 Beds

$2,500

featured image of 2136 Central Ave

The Grounds

Our team has verified this company

Near Northside • 2136 Central Ave

3 Beds

$2,743

featured image of 6159 Winthrop Ave

Broad Ripple • 6159 Winthrop Ave

3 Beds

$2,099–$2,199

featured image of 1101 E 56th St

Chatard • 1101 E 56th St

3 Beds

$2,695

featured image of 6131 Ralston Ave

Broad Ripple • 6131 Ralston Ave

3 Beds

$2,345

featured image of 1111 Island Woods Dr

North Central • 1111 Island Woods Dr

3 Beds

$2,400

featured image of 5845 Brouse Ave

Chatard • 5845 Brouse Ave

3 Beds

$2,400

featured image of 3801 N Meridian St

Meridian Kessler • 3801 N Meridian St

3 Beds

$1,599–$2,387

featured image of 2620 Central Ave

Near Northside • 2620 Central Ave

3 Beds

$2,500

Rent trends in Fairgrounds

3-bedroom apartments at 4242 Norwaldo Ave cost about 79% more than the average rent price for 3-bedroom apartments in Indianapolis.

Median rents as of Sep 6 2025.
Fairgrounds
Indianapolis
A table of 3-bedroom apartment rental data trends in Indianapolis
MonthMedian Rent
September 2023$1,581
October 2023$1,546
November 2023$1,527
December 2023$1,500
January 2024$1,522
February 2024$1,547
March 2024$1,578
April 2024$1,598
May 2024$1,619
June 2024$1,628
July 2024$1,637
August 2024$1,618
September 2024$1,598
October 2024$1,611
November 2024$1,595
December 2024$1,586
January 2025$1,596
February 2025$1,605
March 2025$1,655
April 2025$1,680
May 2025$1,697
June 2025$1,695
July 2025$1,652
August 2025$1,609
September 2025$1,600
A table of 3-bedroom apartment rental data trends in Fairgrounds
MonthMedian Rent
September 2023$1,400
October 2023$1,375
November 2023$1,250
December 2023$1,217
January 2024$1,209
February 2024$1,175
March 2024$1,202
April 2024$1,371
May 2024$1,333
June 2024$1,402
July 2024$1,346
August 2024$1,418
September 2024$1,349
October 2024$1,249
November 2024$1,358
December 2024$1,245
February 2025$1,300
March 2025$1,312
June 2025$1,775
July 2025$1,689
August 2025$1,521
September 2025$1,399

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 4242 Norwaldo Ave, Indianapolis, IN.
1 year ago$2,500

Schools near 4242 Norwaldo Ave

James Whitcomb Riley School No. 43

150 w 40th st

indianapolis, IN, 46208

PK, K-8Public
C-

Ips - Butler Lab at William Bell 60

3330 n pennsylvania

indianapolis, IN, 46205

PK, K-8Public
C+

Francis Bellamy Pre-School Center

9501 e 36th st

indianapolis, IN, 46236

PKPublic

Frederick Douglass School 19

2020 dawson st

indianapolis, IN, 46203

PK, K-8Public
C-
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Internet available near 4242 Norwaldo Ave

Neighborhood

Fairgrounds | Indianapolis, IN

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Indianapolis near 4242 Norwaldo Ave

Walking

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

Driving

8/10
This area is close to freeways and has adequate parking options.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

2/10
FYI, there are little to no public transit options within walking distance.

Points of interest for 4242 Norwaldo Ave, Indianapolis

Groceries

5/10
At least one supermarket within a 20-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

4/10
Some cafés within a few minutes’ walk

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

8/10
At least one high school within a 10-minute walk

Parks

6/10
Moderate amount of park space nearby

Nightlife

2/10
Some bars within walking distance

Explore the area around 4242 Norwaldo Ave

Vega Grocery LLC
4449 Allisonville Rd
Oxford Food Mart
2901 E 38th St
Save-A-Lot
2930 E 38th St
ALDI
5235 N Keystone Ave
KB International Inc
5425 N Keystone Ave

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