Updated 1 Day Ago
Location
5064 Parterra Ct, Indianapolis, IN 46237, USA|I65-South Emerson
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FirstKey Homes
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Property Overview
5064 Parterra Ct offers strong value for money and is relatively close to a top-rated high school, which may appeal to a range of buyers. The 16 available photos also provide a helpful visual overview of the home’s features.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
High school nearby- Less expensive
- Images Available
Great for
Pet owners
Amenities for 5064 Parterra Ct, I65-South Emerson
Features
| Balcony |
Appliances
| Garbage Disposal |
Community
| Laundry Hookups | Onsite Laundry |
Grounds
| Swimming Pool |
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
All Policy
Allowed
Limit3
Questions about this property’s policies and fees?
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About 5064 Parterra Ct
Apply now or schedule your self-tour today and take the first step toward getting more than just a place to live. Rent with FirstKey Homes for a home that's right for you, plus professional service and maintenance, innovative resident programs, and more; that's the power of purple! This 3-bedroom, 2-bathroom rental home in Indianapolis, IN, might be the perfect fit for your lifestyle. Enjoy outdoor living on the private patio/balcony. See the pictures to learn more. And apply soon – homes can go fast! This home is available to pre-lease! Reserve it by paying a refundable Hold Fee. (Exceptions apply in Colorado.) Find out more about pre-leasing on the Pre-Leasing page of the FirstKey Homes website. This home is currently occupied and coming soon; please respect the current resident's privacy and do not disturb. Please note that the advertised price may exclude additional fees. These include a $55 application fee per applicant; a one-time $75 admin fee; an $11 monthly utility management fee; other mandatory fees, if applicable, for pool maintenance, pet fees/rent, smart home, internet service, and propane refilling; and optional fees for services like self-guided tours with third-party provider Rently ($1.99 to $11.99). HOAs may also charge mandatory application and amenity fees, where applicable, which must be paid directly to the HOA. For a comprehensive overview of all potential fees, please see the Rental Fees page on the FirstKey Homes website. FirstKey Homes, LLC is an Equal Housing Lessor under the FHA. Applicable local, state and federal laws may apply. Lease terms and conditions apply. This is not an offer to rent; you must submit additional information for review and approval. Listed features may not be accurate; confirm details with a leasing representative. Certain cities and municipalities (including St. Louis and Chicago) require a home inspection prior to a new resident taking possession of the home. Please note that your move-in date could be adjusted to accommodate inspection requirements. Ask your leasing agent for more details. BEWARE OF RENTAL SCAMS: FirstKey Homes exclusively manages our homes (no third-party management). We do not lease homes through, Facebook Marketplace, or other classified advertising services. All applications and lease signing can only be completed through our online platform. We will never ask for wire transfers, cash apps like Venmo, Zelle, Cash App, PayPal, or any other transferring method to collect funds. Some photos may feature virtual furniture staging, which is intended to help visualize the space and potential designs. The rental home does not come with any furniture shown in the images and these virtual images do not represent actual furnishings. Listing photos are provided to help you select a home; all photos shown are for representative and illustrative purposes only but may not be exact. Colors and photo size may vary based on different resolutions, hue, brightness, contrast, or other photo variations. Photos on websites may be modified, changed, or amended at any time. For new construction homes, actual homes may vary; photos may be of similar home/floorplan; home may be under construction and photos may not be of actual home; individual homes, amenities, features, and views may differ.
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 5064 Parterra Ct compares to other nearby properties.
Positives
- High school nearby
- There is a high school 1 mile away
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- Images Available
- There are at least 10 photos of this address
Address details
| Neighborhood | I65-South Emerson |
|---|---|
| Zip code | 46237 |
| Type | House for rent |
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Rent trends in I65-South Emerson
3-bedroom apartments at 5064 Parterra Ct cost about the same as the average rent price for 3-bedroom apartments in Indianapolis.
Median rents as of Aug 29 2026.
I65-South Emerson
Indianapolis
| Month | Median Rent |
|---|---|
| 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 | $1,581 |
| 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 |
| Month | Median Rent |
|---|---|
| September 2024 | $1,574 |
| October 2024 | $1,554 |
| November 2024 | $1,540 |
| December 2024 | $1,566 |
| January 2025 | $1,615 |
| February 2025 | $1,678 |
| March 2025 | $1,637 |
| April 2025 | $1,692 |
| May 2025 | $1,711 |
| June 2025 | $1,584 |
| July 2025 | $1,567 |
| August 2025 | $1,561 |
| September 2025 | $1,620 |
| October 2025 | $1,563 |
| November 2025 | $1,617 |
| December 2025 | $1,637 |
| January 2026 | $1,593 |
| February 2026 | $1,582 |
| March 2026 | $1,671 |
| April 2026 | $1,570 |
| May 2026 | $1,611 |
| June 2026 | $1,646 |
| July 2026 | $1,653 |
| August 2026 | $1,666 |
Affordability calculator
Can I afford to live at 5064 Parterra Ct?
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
$65,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $65,000 annually to afford this 3-bedrooms monthly rent price of $1,625.
For more information on rent affordability, visit our rent calculator.
Schools near 5064 Parterra Ct
Arlington Elementary School
5814 s arlington ave
indianapolis, IN, 46237
K-3Public
B+
Edgewood Intermediate School
7620 edgewood
indianapolis, IN, 46239
4-6Public
B+
Wanamaker Early Learning Center
4150 bazil ave
indianapolis, IN, 46239
PKPublic
Lillie Idella Kitley Intermediate School
8735 indian creek rd
indianapolis, IN, 46259
4-6Public
A-
Family Development Services - Southeast Head Start
4024 south madison ave
indianapolis, IN, 46227
PKPublic
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Internet available near 5064 Parterra Ct
Neighborhood
I65-South Emerson | Indianapolis, IN
Getting around Indianapolis near 5064 Parterra Ct
Walking
4/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 5064 Parterra Ct, Indianapolis
Groceries
7/10
At least one grocery store within a 15-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
1/10
No elementary schools within a 30-minute walk
High schools
3/10
No high schools within a 30-minute walk
Parks
3/10
Minimal park space nearby
Nightlife
2/10
Few or no bars within walking distance
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Check availability
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