2 Hours Ago
Highlights
Pet Friendly
Location
431 N Colorado Ave, Indianapolis, IN 46201, USA|Near Eastside
Tour 431 N Colorado Ave
Contact
Hoosier Homes Management
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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
Elementary school nearby- Dishwasher
- Images Available
Great for
Pet owners
Amenities for 431 N Colorado Ave, Near Eastside
Community
| Cats OK | Dogs OK |
Grounds
| Storage |
Services
| On-Site Management | 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
Cat Policy
Allowed
Large Dog Policy
Allowed
Other Policy
Allowed
Small Dog Policy
Allowed
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 431 N Colorado Ave
Sweet deal!
This listing is 33% below the median price for 2 bedroom apartments in Near Eastside.
Welcome to 431 N Colorado Ave, a charming two-story home that combines generous living space with convenience in the heart of Indianapolis. This 2-bedroom, 1-bathroom residence offers a sprawling living room perfect for relaxing or entertaining. The interior features easy-to-maintain laminate flooring throughout the main areas, while both oversized bedrooms are carpeted for added comfort. The large kitchen is a standout, boasting an impressive amount of cabinet storage and abundant counter space, ideal for daily cooking or hosting. Situated in a prime central location, this home offers the best of city living, quick commute times with quick access to major roads, local shopping, schools, and employment opportunities. Enjoy nearby parks, recreational areas, and a golf course just minutes away. Pet Friendly! $450 non-refundable pet deposit and $45 monthly pet fee (per pet) $300 tenant lease administration fee (due at signing) Tenants pay all utilities Resident Benefits Package: $50/month, includes: Renter's insurance Furnace filter delivery Identity protection Resident rewards Pest control Rental requirements: 600+ credit score, gross monthly income of 3x the rent, no evictions, no bankruptcies, and a clean background check. AMENITIES: * stove * refrigerator By submitting your information on this page you consent to being contacted by the Property Manager and RentEngine via SMS, phone, or email.
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 431 N Colorado Ave, Indianapolis, IN 46201, USA compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.2 mile away
- Dishwasher
- Dishwasher available in kitchen
- Images Available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
- Package service
- More secure storage for delivery
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
Address details
| Neighborhood | Near Eastside |
|---|---|
| Zip code | 46201 |
| Type | House for rent |
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Rent trends in Near Eastside
2-bedroom apartments at 431 N Colorado Ave cost about 33% less than the average rent price for 2-bedroom apartments in Indianapolis.
Median rents as of Mar 28 2026.
Near Eastside
Indianapolis
| Month | Median Rent |
|---|---|
| April 2024 | $1,306 |
| 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 |
| Month | Median Rent |
|---|---|
| April 2024 | $1,029 |
| 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 | $1,190 |
Affordability calculator
Can I afford to live at 431 N Colorado Ave?
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
$32,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $32,000 annually to afford this 2-bedrooms monthly rent price of $800.
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.| Bath | |||||
|---|---|---|---|---|---|
| 6 months ago | $1,025 | 2 bed | 1 bath |
Schools near 431 N Colorado 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 431 N Colorado Ave
Getting around Indianapolis near 431 N Colorado 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
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 431 N Colorado Ave, Indianapolis
Groceries
6/10
At least one supermarket within a 15-minute walk
Shopping
4/10
Several shops within walking distance
Cafes
3/10
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 5-minute walk
High schools
2/10
At least one high school within a 30-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
4/10
Some bars within walking distance
Other units at this address
431 N Colorado Ave, Indianapolis, IN
431 N Colorado Ave Indianapolis, IN
Occupied
2
2 Beds
1 Bath
$1,025
On-Site Laundry • Dishwasher • Microwave • Air Conditioning
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