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Updated 5+ Days Ago

Location

5163 Caroline Ave, Indianapolis, IN 46205, USA|Fairgrounds

Property Overview

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

  • Middle school nearby
  • Elementary school nearby
  • Extra Storage

Great for

  • Work-from-home
  • Pet owners

Available rentals nearby

featured image of 2518 Caroline Ave #A

Martindale - Brightwood • 2518 Caroline Ave #A

2 Beds

$600

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
featured image of 1254 W 23rd St #7

Near Northwest - Riverside • 1254 W 23rd St #7

2 Beds

$725

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
featured image of 6138 Nimitz Dr

Eastside • 6138 Nimitz Dr

2 Beds

$700

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
featured image of 2518 Caroline Ave #A

Martindale - Brightwood • 2518 Caroline Ave #A

2 Beds

$600

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
featured image of 1254 W 23rd St #7

Near Northwest - Riverside • 1254 W 23rd St #7

2 Beds

$725

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
featured image of 6138 Nimitz Dr

Eastside • 6138 Nimitz Dr

2 Beds

$700

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.

Rent trends in Fairgrounds

2-bedroom apartments at 5163 Caroline Ave cost about 48% less than the average rent price for 2-bedroom apartments in Indianapolis.

Median rents as of Oct 31 2026.
Fairgrounds
Indianapolis
A table of 2-bedroom apartment rental data trends in Indianapolis
MonthMedian Rent
November 2024$1,394
December 2024$1,378
January 2025$1,389
February 2025$1,389
March 2025$1,333
April 2025$1,312
May 2025$1,322
June 2025$1,312
July 2025$1,298
August 2025$1,290
September 2025$1,266
October 2025$1,275
November 2025$1,275
December 2025$1,256
January 2026$1,245
February 2026$1,239
March 2026$1,250
April 2026$1,250
May 2026$1,275
June 2026$1,288
July 2026$1,270
August 2026$1,290
September 2026$1,299
October 2026$1,296
A table of 2-bedroom apartment rental data trends in Fairgrounds
MonthMedian Rent
November 2024$1,072
December 2024$1,096
January 2025$1,267
February 2025$1,206
March 2025$1,076
April 2025$962
May 2025$1,225
June 2025$1,317
July 2025$1,216
August 2025$1,149
September 2025$1,113
October 2025$1,158
November 2025$1,194
December 2025$1,218
January 2026$1,196
February 2026$1,196
March 2026$1,236
April 2026$1,500
May 2026$1,299
June 2026$1,296
July 2026$1,321
August 2026$1,256
September 2026$1,231
October 2026$1,290

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 5163 Caroline Ave, Indianapolis, IN.
10 years ago$675

Schools near 5163 Caroline Ave

Ips/Butler Lab at Eliza Blaker 55

1349 e 54th st

indianapolis, IN, 46220

PK, K-8Public
C

Indiana School for the Deaf

1200 e 42nd st

indianapolis, IN, 46205

PK, K-12Public

Center for Inquiry School 70

510 east 46th st

indianapolis, IN, 46205

K-8Public
B

Family Development Services, Inc. Service Center II Head Start

3637 n meridian st

indianapolis, IN, 46208

PKPublic

Ips - Butler Lab at William Bell 60

3330 n pennsylvania

indianapolis, IN, 46205

PK, K-8Public
C+
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Getting around Indianapolis near 5163 Caroline Ave

Walking

6/10
Some shops and stores are within a few minutes.

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

2/10
There are a few mass transit options within the area.

Points of interest for 5163 Caroline Ave, Indianapolis

Groceries

8/10
At least one grocery store within a few minutes' walk

Shopping

6/10
Variety of shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

6/10
Some restaurants within walking distance

Primary schools

10/10
At least one elementary school within a 5-minute walk

High schools

1/10
No high schools within a 30-minute walk

Parks

5/10
Moderate amount of park space nearby

Nightlife

4/10
Few or no bars within walking distance

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