3 Days Ago
Location
4850 Hillside Ave, Indianapolis, IN 46205, USA|Fairgrounds
Tour 4850 Hillside Ave
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PMI Midwest
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Amenities for 4850 Hillside Ave, Fairgrounds
Apartment Amenities
| Air Conditioning | Hardwood Floor |
Grounds
| Outdoor Space |
Services
| Concierge Service | 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
Contact for more information on pet policy.
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 4850 Hillside Ave
Encounter a charming retreat at 4850 Hillside Ave, nestled in the vibrant heart of Indianapolis. This delightful two-bedroom home invites you in with its warm, hardwood floors, providing both elegance and durability. Spanning 950 square feet, the space is thoughtfully designed to maximize comfort and utility. The full bathroom is a serene oasis, perfect for unwinding after a busy day. Natural light floods the interior, creating a bright and cheerful atmosphere throughout. The inviting layout makes it easy to envision hosting friends or simply enjoying a quiet evening at home. The house’s classic charm and modern amenities blend seamlessly, offering a perfect balance for contemporary living. Situated in a desirable location, you'll have convenient access to local shops, dining, and entertainment. Step outside to experience the vibrant community and picturesque surroundings that make this property a true gem. Discover your new home where every corner reflects a commitment to quality and comfort. All PMI Midwest residents are enrolled in the Resident Benefits Package (RBP) for $36.95/month which includes credit building to help boost the resident’s credit score with timely rent payments, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, on-demand pest control, and much more! More details upon application. Deposit varies based on screening results. Rent Guarantee policy from the Guarantors required.
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 4850 Hillside Ave compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 1 mile away
- Elementary school nearby
- There is an elementary school 0.2 mile away
- Images Available
- There are at least 10 photos of this address
- Package service
- More secure storage for delivery
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
Address details
| Neighborhood | Fairgrounds |
|---|---|
| Zip code | 46205 |
| Type | House for rent |
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Rent trends in Fairgrounds
2-bedroom apartments at 4850 Hillside Ave cost about 9% more than the average rent price for 2-bedroom apartments in Indianapolis.
Median rents as of Oct 4 2025.
Fairgrounds
Indianapolis
| Month | Median Rent |
|---|---|
| October 2023 | $1,299 |
| November 2023 | $1,292 |
| December 2023 | $1,285 |
| January 2024 | $1,249 |
| February 2024 | $1,234 |
| March 2024 | $1,311 |
| 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 | $1,277 |
| Month | Median Rent |
|---|---|
| October 2023 | $1,237 |
| November 2023 | $1,162 |
| December 2023 | $1,085 |
| January 2024 | $1,050 |
| February 2024 | $1,049 |
| March 2024 | $1,049 |
| April 2024 | $1,061 |
| May 2024 | $1,149 |
| June 2024 | $1,110 |
| July 2024 | $1,050 |
| August 2024 | $1,081 |
| September 2024 | $1,096 |
| 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 | $1,142 |
Affordability calculator
Can I afford to live at 4850 Hillside 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
$49,960/yr
With your selected rent-to-income ratio, you'd ideally want to make $49,960 annually to afford this 2-bedrooms monthly rent price of $1,249.
For more information on rent affordability, visit our rent calculator.
Schools near 4850 Hillside Ave
Ips/Butler Lab at Eliza Blaker 55
1349 e 54th st
indianapolis, IN, 46220
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 4850 Hillside 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 4850 Hillside Ave
Walking
6/10
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 4850 Hillside Ave, Indianapolis
Groceries
8/10
At least one supermarket within a 15-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
4/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Some restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
2/10
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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