2 Days Ago
Location
50 Monroe St, Indianapolis, IN 46229, USA|Cumberland
Tour 50 Monroe St
Contact
Alpine Leasing
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Amenities for 50 Monroe St, Cumberland
Apartment Amenities
| Air Conditioning |
Grounds
| Outdoor Space | Storage |
Services
| On-Site Management |
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
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 50 Monroe St
Sweet deal!
This listing is 23% below the median price for 3 bedroom apartments in Cumberland.
$1,215 rent for a 2-year lease; $1,265 rent for a 1-year lease -Central AC -large workshop/storage building in backyard (has electricity) -Three-season front porch with heating/cooling & electricity -quiet street in the heart of popular Cumberland -Warren Township school district -long driveway for off-street parking -tenant will NOT pay a sewer bill -less than a block away from the upcoming Indygo Blue Line Rapid Transit bus route -only 0.7 miles from award-winning Eastridge Elementary School ALERT - ALPINE LEASING DOES NOT ADVERTISE RENTAL PROPERTIES ON FACEBOOK OR. AND WE NEVER COLLECT PAYMENTS AT OUR HOUSES. NO EXCEPTIONS. This home is move-in ready and available now! We get a lot of inquiries and our properties turn over quickly. IF YOU WISH TO RECEIVE PRIORITY TREATMENT FROM OUR LEASING TEAM, AS WELL AS A DIRECT LINE OF COMMUNICATION WITH ONE OF OUR REALTORS, PLEASE GO TO 317RENTAL. COM AND COMPLETE AN APPLICATION TO GET PRE-APPROVED. Apply for any property. Our approval will be for a dollar amount, not a house. As soon as you are pre-approved, a Realtor will reach out to you to schedule showings. OUR BEST HOMES USUALLY GO TO TENANTS SHOPPING WITH A PRE-APPROVAL! We are a Licensed Real Estate Brokerage. Our primary focus is leasing residential properties. Due to a high demand for our large inventory of homes, our approval process is automated. WE ARE UNABLE TO DISCUSS APPLICATIONS IN PROCESS AT OUR OFFICE. WE DO NOT HAVE PHONE LINES DEDICATED TO DISCUSSING APPLICATIONS IN PROCESS OR WHAT IS NEEDED FOR APPROVAL. Approval guidelines are listed on our website. Upon completion of your application you will receive an email from our processing department that will serve as an open line of communication. Our email account is monitored closely by management/processing staff and responses are made in a timely manner Monday - Friday, 9am - 5pm. Upon approval of your application you will be contacted by a Realtor. You will then have access to phone communication and personalized service from an agent who will help you get moved into a home.
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 50 Monroe St compares to other nearby properties.
Positives
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- Elementary school nearby
- There is an elementary school 1 mile away
Address details
| Neighborhood | Cumberland |
|---|---|
| Zip code | 46229 |
| Type | House for rent |
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Rent trends in Cumberland
3-bedroom apartments at 50 Monroe St cost about 23% less than the average rent price for 3-bedroom apartments in Cumberland.
Median rents as of Mar 7 2026.
Cumberland
Cumberland
| Month | Median Rent |
|---|---|
| April 2024 | $1,410 |
| May 2024 | $1,630 |
| June 2024 | $1,565 |
| July 2024 | $1,491 |
| August 2024 | $1,504 |
| September 2024 | $1,446 |
| October 2024 | $1,467 |
| November 2024 | $1,428 |
| December 2024 | $1,456 |
| January 2025 | $1,478 |
| February 2025 | $1,478 |
| March 2025 | $1,623 |
| April 2025 | $1,645 |
| May 2025 | $1,614 |
| June 2025 | $1,682 |
| July 2025 | $1,599 |
| August 2025 | $1,532 |
| September 2025 | $1,545 |
| October 2025 | $1,565 |
| November 2025 | $1,450 |
| December 2025 | $1,550 |
| January 2026 | $1,595 |
| February 2026 | $1,694 |
| March 2026 | $1,630 |
| Month | Median Rent |
|---|---|
| April 2024 | $1,450 |
| May 2024 | $1,630 |
| June 2024 | $1,565 |
| July 2024 | $1,491 |
| August 2024 | $1,504 |
| September 2024 | $1,446 |
| October 2024 | $1,450 |
| November 2024 | $1,422 |
| December 2024 | $1,458 |
| March 2025 | $1,637 |
| April 2025 | $1,645 |
| May 2025 | $1,614 |
| June 2025 | $1,682 |
| July 2025 | $1,599 |
| August 2025 | $1,491 |
| November 2025 | $1,396 |
| March 2026 | $1,583 |
Affordability calculator
Can I afford to live at 50 Monroe St?
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
$48,600/yr
With your selected rent-to-income ratio, you'd ideally want to make $48,600 annually to afford this 3-bedrooms monthly rent price of $1,215.
For more information on rent affordability, visit our rent calculator.
Schools near 50 Monroe St
Eastridge Elementary School
10930 e 10th st
indianapolis, IN, 46229
K-4Public
C
Warren Early Childhood Center
1401 n mitthoeffer
indianapolis, IN, 46229
PKPublic
Family Development Services, CAFE Head Start
8902 east 38th st
indianapolis, IN, 46226
PKPublic
Wanamaker Early Learning Center
4150 bazil ave
indianapolis, IN, 46239
PKPublic
Family Development Services - Windsor Village East
5950 e 23rd st
indianapolis, IN, 46218
PKPublic
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Internet available near 50 Monroe St
Getting around Indianapolis near 50 Monroe St
Walking
4/10
Some shops and stores are within a few minutes.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 50 Monroe St, Indianapolis
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
4/10
Several shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within a few minutes’ walk
Primary schools
6/10
At least one elementary school within a 20-minute walk
High schools
1/10
Closest high school further than a 30-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
3/10
Some bars within walking distance
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