5+ Days Ago
Highlights
- Off-street parking
- Large glass windows
Location
514 Locust Street, Middletown, Indiana 47356, United States
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Property Overview
Located in Middletown, Indiana, the property features large glass windows and off-street parking. It offers excellent proximity to top-rated schools, with the nearest elementary, middle, and high schools all within approximately 3.2 to 3.5 miles. Additionally, it ranks in the 100th percentile for value for money compared to similar properties in the area.
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
Elementary school nearby- High school nearby
- Less expensive
Great for
Eco living
Social life
Wellness
Amenities for 514 Locust Street
Apartment Amenities
| Utilities Included |
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
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About 514 Locust Street
514 Locust St., Middletown *All Utilities Included In Rent* *Commercial Space* Sec Dep $600.00 *High Visibility Location – Downtown Middletown* Rent $600.00 Monthly Great Location For Your New Or Existing Business! Located In Downtown Middletown With Large Glass Windows Ideal For Retail Businesses Or Shops, Restauraunts, Or Businesses Looking To Gain Brand Awareness And Visiblity In The Community. This Lower Level Unit Is Located In A Mixed Use Building In The Heart Of Downtown Middletown. This Corner Unit Offers Over 675 S.F. Of Leaseable Space Ready For Your Design Transformation. There Is An Allocated Kitchen Area And A Half Bathroom Already In Place. Lower-Level Basement Storage Available. Owner Is Willing To Offer Tenant Improvement Allowances And/Or Potentially Free-Rent Options For Long-Term 3- And 5-Year Lease Options. Owner Is Willing To Consider Shorter-Term Leases If Required. Open To Offers And Negotiations Should This Space Be A Great Fit For Your Current Or Existing Business! Off-Street Parking Available. All Utilities Included In Rent – Owner Pays. No Lawncare Maintenance. Renter'S Insurance Required At Tenant Cost.
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 514 Locust Street compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 3 miles away
- High school nearby
- There is a high school 3 miles away
- Less expensive
- Studio units are cheaper than other similar listings nearby
- Middle school nearby
- There is a middle school 3 miles away
Address details
| Zip code | 47356 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Middletown
studio apartments at 514 Locust Street cost about 8% less than the average rent price for studio apartments in Middletown.
Median rents as of Jan 18 2026.
Middletown
| Month | Median Rent |
|---|---|
| December 2025 | $650 |
| January 2026 | $650 |
Affordability calculator
Can I afford to live at 514 Locust Street?
Bedrooms
StudioRent-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
$24,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $24,000 annually to afford this studio monthly rent price of $600.
For more information on rent affordability, visit our rent calculator.
Schools near 514 Locust Street
Shenandoah Elementary School
5256 n raider rd
middletown, IN, 47356
PK, K-5Public
B+
Burris Laboratory School
2000 university ave
muncie, IN, 47306
K-12Public
A-
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Internet available near 514 Locust Street
Getting around Middletown near 514 Locust Street
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
More spots are within biking distance and some roads are cyclist-friendly.
Points of interest for 514 Locust Street, Middletown
Groceries
9/10
At least one supermarket within a 10-minute walk
Restaurants
4/10
Some restaurants within walking distance
Nightlife
5/10
Some bars within a few minutes’ walk
Explore the area around 514 Locust Street
Harvest Supermarket
595 Locust St
Meijer
6610 S Scatterfield Rd
Jim's Formal Wear
3028 State Road 32 E
Starbucks
15251 W Sater St
Scorecard Lounge Inc
610 Locust St
Elbert's Lounge
14421 W Hazel
Monty's Pub
28 W Main St
Double R Bar
4500 Dan Patch Cir
Pegasus Lounge
4500 Dan Patch Cir
Maddie Moo's Custom Meats
8820 W US Highway 36
Blondies Cupcakery
824 North St
Meijer Bakery
6610 S Scatterfield Rd
Pappa Pepperoni's Pizza
594 Locust St
Scorecard Lounge Inc
610 Locust St
Krispy Krunchy Chicken
101 Maple Village Dr
Los Costenos
1007 W Mill St
Pizza King Indiana
100 Maple Village Shopping Ctr
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