Listed 13 Hours Ago
Location
4627 Norwaldo Ave, Indianapolis, IN 46205, USA|Fairgrounds
Tour 4627 Norwaldo Ave
Contact
PMI Midwest
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Amenities for 4627 Norwaldo Ave, Fairgrounds
Features
| Air Conditioning | Hardwood Floor |
Grounds
| Outdoor Space |
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
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 4627 Norwaldo Ave
COMING SOON Illuminated by the gentle embrace of natural light, this charming two-bedroom home at 4627 Norwaldo Ave in Indianapolis offers a warm and inviting atmosphere. The 900 sq ft of living space is beautifully accented with gleaming hardwood floors that add a touch of elegance and timeless appeal. Step inside to discover a cozy living area perfect for both relaxation and entertainment. The thoughtfully designed kitchen features ample cabinetry and space for culinary creativity. Both bedrooms offer generous space and comfort, serving as tranquil retreats at the end of the day. The full bathroom is tastefully appointed, providing a refreshing start to your mornings. Outside, the property boasts a lovely yard, ideal for enjoying sunny afternoons or hosting small gatherings. Situated in a welcoming neighborhood, this home provides a perfect blend of tranquility and city convenience. With easy access to local amenities and parks, it’s an ideal spot for those who appreciate both comfort and lifestyle. Experience the charm and warmth of this delightful rental property, ready to welcome you home. At PMI Midwest, we strive to provide an experience that is cost-effective and convenient. That’s why we provide a Resident Benefits Package (RBP) to address common headaches for our residents and provide must-have services for our renters. The Total Monthly Price of $41.45 pest control, air filter delivery, utility setup assistance, credit building and more at a rate of $41.45/month, required with the rental. Residents have the option to personalize some components during onboarding, which may increase or decrease the monthly amount. More details upon application. This home comes with high speed internet up to 1 Gig at an exclusive group rate of $65.00, and includes 24/7 premium support and setup to help get you connected at move-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 4627 Norwaldo Ave compares to other nearby properties.
Positives
- Images Available
- There are at least 10 photos of this address
- Package service
- More secure storage for delivery
Address details
| Neighborhood | Fairgrounds |
|---|---|
| Zip code | 46205 |
| Type | House for rent |
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Rent trends in Fairgrounds
2-bedroom apartments at 4627 Norwaldo Ave cost about 17% more than the average rent price for 2-bedroom apartments in Indianapolis.
Median rents as of Sep 19 2026.
Fairgrounds
Indianapolis
| Month | Median Rent |
|---|---|
| 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 |
| September 2026 | $1,299 |
| Month | Median Rent |
|---|---|
| October 2024 | $1,004 |
| November 2024 | $1,063 |
| December 2024 | $1,096 |
| January 2025 | $1,267 |
| February 2025 | $1,206 |
| March 2025 | $1,076 |
| April 2025 | $962 |
| May 2025 | $1,225 |
| June 2025 | $1,317 |
| July 2025 | $1,216 |
| August 2025 | $1,149 |
| September 2025 | $1,113 |
| October 2025 | $1,158 |
| November 2025 | $1,194 |
| December 2025 | $1,218 |
| January 2026 | $1,196 |
| February 2026 | $1,196 |
| March 2026 | $1,236 |
| April 2026 | $1,500 |
| May 2026 | $1,299 |
| June 2026 | $1,296 |
| July 2026 | $1,321 |
| August 2026 | $1,256 |
| September 2026 | $1,225 |
Affordability calculator
Can I afford to live at 4627 Norwaldo 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
$55,960/yr
With your selected rent-to-income ratio, you'd ideally want to make $55,960 annually to afford this 2-bedrooms monthly rent price of $1,399.
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.| 1 year ago | $1,249 |
Schools near 4627 Norwaldo Ave
Ips/Butler Lab at Eliza Blaker 55
1349 e 54th st
indianapolis, IN, 46220
PK, K-8Public
C
Indiana School for the Deaf
1200 e 42nd st
indianapolis, IN, 46205
PK, K-12Public
Center for Inquiry School 70
510 east 46th st
indianapolis, IN, 46205
K-8Public
B
Family Development Services, Inc. Service Center II Head Start
3637 n meridian st
indianapolis, IN, 46208
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 4627 Norwaldo Ave
Neighborhood
Fairgrounds | Indianapolis, IN
Getting around Indianapolis near 4627 Norwaldo Ave
Walking
6/10
Some shops and stores are within a few minutes.
Driving
6/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
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 4627 Norwaldo Ave, Indianapolis
Groceries
7/10
At least one supermarket within a 15-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
5/10
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
4/10
At least one high school within a 20-minute walk
Parks
6/10
Large amount of park space nearby
Nightlife
4/10
Some bars within walking distance
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