5+ Days Ago
Highlights
- Washer/dryer
- Relaxing
Location
4943 Indianola Ave Unit B, Indianapolis, IN 46205, USA|Fairgrounds
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Amenities for 4943 Indianola Ave Unit B, Fairgrounds
Apartment Amenities
| Forced Air | Natural Gas |
Appliances
| In-Unit Laundry |
Grounds
| Outdoor Space |
Other
| Exterior Type: Aluminum Siding | Multi Units |
| Two Rooms | Wall Units |
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 4943 Indianola Ave Unit B
Sweet deal!
This listing is 22% below the median price for 1 bedroom apartments in Fairgrounds.
Property Status: Pending Cozy 1 full bath all electric studio home located near the Indianapolis Fairgrounds and the desirable Meridian-Kessler area. This home comes equipped with a electric stove refrigerator, and washer/dryer. spacious backyard-perfect for relaxing or entertaining. 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 4943 Indianola Ave, Indianapolis, IN 46205, USA compares to other nearby properties.
Positives
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- Middle school nearby
- There is a middle school 1 mile away
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- More space
- The 3-bedroom is 176 sqft larger than other listings nearby
- Images available
- There are at least 10 photos of this address
Considerations
- Greater distance from high schools
- The nearest high school is farther than 2 miles away
Address details
| Neighborhood | Fairgrounds |
|---|---|
| Zip code | 46205 |
| Type | House for rent |
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Rent trends in Fairgrounds
1-bedroom apartments at 4943 Indianola Ave Unit B cost about 22% less than the average rent price for 1-bedroom apartments in Indianapolis.
Median rents as of Oct 18 2025.
Fairgrounds
Indianapolis
| Month | Median Rent |
|---|---|
| November 2023 | $1,071 |
| December 2023 | $1,072 |
| January 2024 | $1,060 |
| February 2024 | $986 |
| March 2024 | $1,104 |
| April 2024 | $1,129 |
| May 2024 | $1,132 |
| June 2024 | $1,076 |
| July 2024 | $1,081 |
| August 2024 | $1,126 |
| September 2024 | $1,123 |
| October 2024 | $1,143 |
| November 2024 | $1,126 |
| December 2024 | $1,125 |
| January 2025 | $1,152 |
| February 2025 | $1,150 |
| March 2025 | $1,087 |
| April 2025 | $1,024 |
| May 2025 | $1,087 |
| June 2025 | $1,098 |
| July 2025 | $1,090 |
| August 2025 | $1,097 |
| September 2025 | $1,105 |
| October 2025 | $1,090 |
| Month | Median Rent |
|---|---|
| November 2023 | $1,047 |
| December 2023 | $892 |
| January 2024 | $856 |
| February 2024 | $825 |
| March 2024 | $1,156 |
| April 2024 | $945 |
| May 2024 | $974 |
| June 2024 | $1,191 |
| July 2024 | $1,225 |
| August 2024 | $1,150 |
| September 2024 | $1,171 |
| October 2024 | $1,100 |
| November 2024 | $1,099 |
| December 2024 | $738 |
| January 2025 | $1,215 |
| February 2025 | $1,161 |
| March 2025 | $1,017 |
| April 2025 | $809 |
| May 2025 | $900 |
| June 2025 | $847 |
| July 2025 | $869 |
| August 2025 | $885 |
| September 2025 | $900 |
| October 2025 | $900 |
Affordability calculator
Can I afford to live at 4943 Indianola Ave Unit B?
Bedrooms
1 bedroomRent-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
$27,960/yr
With your selected rent-to-income ratio, you'd ideally want to make $27,960 annually to afford this 1-bedroom monthly rent price of $699.
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 | |||||
|---|---|---|---|---|---|
| This month | $1,399 | 3 bed | 1 bath | ||
| 2 years ago | $900 | 1 bed | 1 bath | ||
| 2 years ago | $1,600 | 3 bed | 1 bath | ||
| 2 years ago | $1,600 | 3 bed | 1 bath | ||
| 3 years ago | $725 | Studio | 1 bath | ||
| 3 years ago | $1,500 | 3 bed | 1 bath | ||
| 3 years ago | $1,550 | 3 bed | 1 bath | ||
| 3 years ago | $1,600 | 3 bed | 1 bath | ||
| 3 years ago | $1,600 | 3 bed | 1 bath |
Schools near 4943 Indianola Ave Unit B
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 4943 Indianola Ave Unit B
Neighborhood
Fairgrounds | Indianapolis, IN
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Indianapolis near 4943 Indianola Ave Unit B
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
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 4943 Indianola Ave Unit B, Indianapolis
Groceries
6/10
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
5/10
At least one high school within a 20-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
3/10
Some bars within walking distance
Other units at this address
4943 Indianola Ave, Indianapolis, IN
4943 Indianola Ave Indianapolis, IN
Occupied
A
1 Bed
1 Bath
$900
Occupied
1 Bed, 1 Bath
1 Bed
1 Bath
$900
In-Unit Laundry
Occupied
3 Beds, 1 Bath
3 Beds
1 Bath
$1,600
Hardwood Floor
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