Updated 1 Day Ago
Highlights
Pet Friendly
Location
505 E 61st St, Indianapolis, IN 46220, USA|Broad Ripple
Tour 505 E 61st St
Contact
Red Door Property Management
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Amenities for 505 E 61st St, Broad Ripple
Community
| Cats OK | Dogs OK |
| Onsite Laundry |
Grounds
| Outdoor Space |
Services
| On-Site Management | 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
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 505 E 61st St
Welcome to your new home at 505 E. 61st Street, perfectly situated in the highly sought-after 46220 zip code of Indianapolis. Located just blocks from the heart of Broad Ripple, this fantastic residence offers unbeatable walkability to some of the city's best local dining, eclectic boutiques, vibrant nightlife, and the scenic Monon Trail. Experience the true essence of neighborhood living with all the excitement of the city right outside your door! Home Features & Upgrades Appliances Included: The bright and efficient kitchen comes fully equipped with a refrigerator, range/oven, and dishwasher to make cooking and daily prep a breeze. Heating & Cooling: Stay perfectly comfortable year-round with central air conditioning and a forced-air heating system. Laundry: The home includes dedicated in-unit washer and dryer hookups for your convenience. Recent Updates: Move right in and enjoy a clean, inviting atmosphere featuring modern flooring, updated fixtures, and a fresh, neutral paint palette designed to complement your personal style. Outdoor Living & Parking Parking: The property features a private driveway providing convenient off-street parking—a premium perk in the Broad Ripple area! Outdoor Spaces: Step outside to enjoy a private backyard space—ideal for relaxing in the fresh air, setting up a patio set, or hosting a weekend barbecue. Amenities: While a private single-family residence, your biggest amenity is the prime location—enjoy immediate access to Broad Ripple Park, the Monon Trail, and endless neighborhood entertainment. Lease Details & Policies Utilities: The tenant is fully responsible for all utilities at this property, including water, electricity, gas, and trash collection. Skip the hassle of calling multiple utility companies! All applicable utilities remain in Red Door Property Management’s name, which means you enjoy no utility credit checks, no hefty utility deposits, and the convenience of paying all your utility bills through one simple portal. The required fees for this service are a $25 one-time activation fee, a $15 monthly service fee, and a $25 one-time deactivation fee. Please note- In addition to the monthly rent, a Resident Benefits Package fee of $45/ month will be applied. This includes your renter’s insurance, liability insurance, Hvac filter delivery and much more. Click here for more details: https www reddoorrents com residents-benefits-package AMENITIES: * Refrigerator * Stove/Oven By submitting your information on this page you consent to being contacted by the Property Manager and RentEngine via SMS, phone, or email.
Address details
| Neighborhood | Broad Ripple |
|---|---|
| Zip code | 46220 |
| Type | House for rent |
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Rent trends in Broad Ripple
3-bedroom apartments at 505 E 61st St cost about 3% less than the average rent price for 3-bedroom apartments in Indianapolis.
Median rents as of Sep 12 2026.
Broad Ripple
Indianapolis
| Month | Median Rent |
|---|---|
| September 2024 | $1,595 |
| 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 | $1,581 |
| December 2025 | $1,585 |
| January 2026 | $1,598 |
| February 2026 | $1,599 |
| March 2026 | $1,599 |
| April 2026 | $1,600 |
| May 2026 | $1,635 |
| June 2026 | $1,647 |
| July 2026 | $1,647 |
| August 2026 | $1,620 |
| September 2026 | $1,617 |
| Month | Median Rent |
|---|---|
| January 2025 | $2,199 |
| February 2025 | $2,295 |
| March 2025 | $2,188 |
| April 2025 | $2,097 |
| May 2025 | $2,148 |
| June 2025 | $2,298 |
| July 2025 | $2,217 |
| August 2025 | $2,319 |
| September 2025 | $2,132 |
| October 2025 | $2,053 |
| November 2025 | $2,178 |
| December 2025 | $2,249 |
| January 2026 | $2,339 |
| February 2026 | $2,302 |
| March 2026 | $2,304 |
| April 2026 | $2,074 |
| May 2026 | $2,045 |
| June 2026 | $2,187 |
| July 2026 | $2,150 |
| August 2026 | $2,114 |
| September 2026 | $2,012 |
Affordability calculator
Can I afford to live at 505 E 61st 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
$75,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $75,800 annually to afford this 3-bedrooms monthly rent price of $1,895.
For more information on rent affordability, visit our rent calculator.
Schools near 505 E 61st St
Ips/Butler Lab at Eliza Blaker 55
1349 e 54th st
indianapolis, IN, 46220
PK, K-8Public
C
Center for Inquiry School 70
510 east 46th st
indianapolis, IN, 46205
K-8Public
B
Indiana School for the Blind and Visually Impaired
7725 n college ave
indianapolis, IN, 46240
PK, K-12Public
C-
Indiana School for the Deaf
1200 e 42nd st
indianapolis, IN, 46205
PK, K-12Public
Willow Lake Elementary School
7535 harcourt rd
indianapolis, IN, 46260
K-5Public
C+
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Internet available near 505 E 61st St
Neighborhood
Broad Ripple | Indianapolis, IN
Getting around Indianapolis near 505 E 61st St
Walking
5/10
Some shops and stores are within a few minutes.
Driving
8/10
This area is close to freeways and has adequate parking options.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 505 E 61st St, Indianapolis
Groceries
8/10
At least one grocery store within a 15-minute walk
Shopping
5/10
Some shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
6/10
Some restaurants within walking distance
Primary schools
7/10
At least one elementary school within a 20-minute walk
High schools
5/10
At least one high school within a 30-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
4/10
Some bars within walking distance
Explore the area around 505 E 61st St
Fresh Thyme Market
6301 N College Ave
Good Earth Natural Foods
6350 Guilford Ave
Safeway Foods
5602 N Illinois St
The Fresh Market
5415 N College Ave
Nicole-Taylor's Pasta & Market
1134 E 54th St
Pitaya
842 Broad Ripple Ave
The Shop Indy Inc
920 Broad Ripple Ave
The Runners Forum
902 E Westfield Blvd
8 Fifteen
815 E 65th St
Newman & Co
720 E 65th St
Hubbard & Cravens
6229 Carrollton Ave
Youmi Crepes & Bubble Tea
823 Broad Ripple Ave
Starbucks
854 Broad Ripple Ave
Monon Coffee Co.
920 E Westfield Blvd
Tropical Smoothie Cafe
1073 Broad Ripple Ave
Vogue Theatre
6259 N College Ave
Broad Ripple Tavern LLC
6223 Carrollton Ave
Broad Ripple Tavern
745 Broad Ripple Ave
Alley Cat Lounge Inc
6267 Carrollton Ave
The Egyptian Cafe & Hooka Bar
6265 Carrollton Ave
Smallcakes Cupcakery
930 Broad Ripple Ave
Einstein Bros Bagels
1055 Broad Ripple Ave
Cake Bake Shop
6515 Carrollton Ave
Rene's Bakery
6524 Cornell Ave
Kincaid's Meat Market
5605 N Illinois St
Dan Wakefield Park
Playground
Playground
Garden
Alice Carter Park
Draw It to Know It LLC
5891 N New Jersey St
Binkley's Kitchen & Bar
5902 N College Ave
AMBROSIA
5903 N College Ave
Blu Point
5903 N College Ave
Blupoint Coastal Kitchen
5858 N College Ave
Westfield Blvd / Central Ave
Broad Ripple
Westfield Blvd / Central Ave
Broad Ripple
Westfield Blvd / Kessler Blvd
Broad Ripple
Westfield Blvd / Kessler Blvd
Broad Ripple
Westfield Blvd / Broadway St
Broad Ripple
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