Zumper
modified
5+ Days Ago

Highlights

  • Off-street parking
  • Large glass windows

Location

514 Locust Street, Middletown, Indiana 47356, United States

Tour 514 Locust Street

Contact

Angie Boots

(844) 284-9472 ext. 3723

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

HomeApartments in Middletown 514 Locust Street, Middletown, Indiana 47356, United States

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 code47356
TypeApartment 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
A table of studio rental data trends in Middletown
MonthMedian Rent
December 2025$650
January 2026$650

Affordability calculator

Can I afford to live at 514 Locust Street?

Bedrooms

Studio

Rent-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

10/10
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

4/10
Some bars within walking distance

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