2 Days Ago
Highlights
- Attached garage
- Quiet neighborhood
- Eat in kitchen
Location
4940 Leone Drive, Indianapolis, Indiana 46226, United States
Tour 4940 Leone Drive
Contact
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Amenities for 4940 Leone Drive
Apartment Amenities
| Fireplace | Forced Air |
| Natural Gas | Window Units |
Grounds
| Garage Parking | Outdoor Space |
Other
| Architecture Style: Ranch | Exterior Type: Aluminum Siding |
| Exterior Type: Stone | Multi Units |
| Six Rooms |
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
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About 4940 Leone Drive
Property Status: Active Spacious 3 Bedroom, 1.5 Bath Home w 1 car attached garage. Includes stove and refrigerator. Large fenced in backyard w covered porch. Quiet neighborhood close to Lawrence Central High School. Large 12x27 family room 14x13 Livingroom and large eat in kitchen. Office Phone: (317) 210-3637 Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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 4940 Leone Drive compares to other nearby properties.
Positives
- High school nearby
- There is a high school 1 mile away
- Elementary school nearby
- There is an elementary school 0.2 mile away
- Middle school nearby
- There is a middle school 1 mile away
- Fireplace
- Upgraded in-unit features
- Images Available
- There are at least 10 photos of this address
Address details
| Zip code | 46226 |
|---|---|
| Type | House for rent |
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Rent trends in Indianapolis
3-bedroom apartments at 4940 Leone Drive cost about 17% less than the average rent price for 3-bedroom apartments in Indianapolis.
Median rents as of Nov 22 2025.
Indianapolis
| Month | Median Rent |
|---|---|
| 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 | $1,599 |
| October 2025 | $1,598 |
| November 2025 | $1,588 |
Affordability calculator
Can I afford to live at 4940 Leone Drive?
Bedrooms
3 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
$52,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $52,000 annually to afford this 3-bedrooms monthly rent price of $1,300.
For more information on rent affordability, visit our rent calculator.
Schools near 4940 Leone Drive
Early Learning Centers
6501 sunnysdie rd
indianapolis, IN, 46236
PK, KPublic
B+
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Internet available near 4940 Leone Drive
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Indianapolis near 4940 Leone Drive
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
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 4940 Leone Drive, Indianapolis
Groceries
1/10
Closest supermarket further than a 30-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
2/10
Closest high school further than a 30-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
1/10
Few or no bars within walking distance
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