Updated 1 Day Ago
Highlights
- Welcoming neighborhood
- Washer/dryer
- Storage space
- Quiet street
- Centralized location
- Hardwood floors throughout
Location
5163 Caroline Ave, Indianapolis, IN 46205, USA|Fairgrounds
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Property Overview
Located in a welcoming neighborhood, this property offers a quiet street and a centralized location for easy accessibility. Notable features include hardwood floors throughout, a washer/dryer for convenience, and ample storage space. Ideal for those valuing both comfort and location, it presents a unique opportunity for modern living in Indianapolis.
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
- More space
Great for
Work-from-home
Pet owners
Amenities for 5163 Caroline Ave, Fairgrounds
Features
| Electricity | Forced Air |
| Furnished | Gas |
| Hardwood Floor | Washer/Dryer Hookups |
| Water |
Appliances
| Garbage Disposal | In-Unit Laundry |
| Range/Oven | Refrigerator |
Tech
| Wired For Internet |
Community
| Dogs OK | Fitness Center |
| Sewage |
Grounds
| Lawn | Off-Street Parking |
| Outdoor Space | Storage |
Neighborhood
| Near Parks |
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
Not allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 1+ month |
|---|
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About 5163 Caroline Ave
Property Id: 1165008 FULLY FURNISHED DUPLEX Beautiful two-bedroom house with hardwood floors throughout! Come join our neighborhood. Great centralized location with easy access to Keystone, 465, and 70. Small front porch on a quiet street for grilling or chilling. There's a school at the end of the street and no through-street, so very little traffic. Enjoy a full basement with washer/dryer with some storage space available. School, parks, restaurants, gym and groceries all within easy walking distance. Welcoming neighborhood with quiet and respectful neighbors. All lawn and landscape work included. Credit check and background check required for your safety and ours. Come join our great neighborhood in South Broad Ripple. Reach out today - this one will rent fast! Note: Photos of adjacent unit - identical floor-plan and condition. * Prices and availability subject to change * Displayed sqft is approximate.
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 5163 Caroline Ave compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.2 mile away
- Elementary school nearby
- There is an elementary school 0.1 mile away
- More space
- The 2-bedroom is 200 sqft larger than other listings nearby
- Extra Storage
- Upgraded in-unit features
- Images available
- There are at least 10 photos of this address
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
Address details
| Neighborhood | Fairgrounds |
|---|---|
| Zip code | 46205 |
| Type | House for rent |
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Rent trends in Fairgrounds
2-bedroom apartments at 5163 Caroline Ave cost about 21% more than the average rent price for 2-bedroom apartments in Indianapolis.
Median rents as of Jul 18 2026.
Fairgrounds
Indianapolis
| Month | Median Rent |
|---|---|
| August 2024 | $1,377 |
| September 2024 | $1,384 |
| October 2024 | $1,394 |
| November 2024 | $1,392 |
| 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 | $1,268 |
| Month | Median Rent |
|---|---|
| August 2024 | $1,081 |
| September 2024 | $1,096 |
| October 2024 | $1,004 |
| November 2024 | $1,063 |
| 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 | $1,319 |
Affordability calculator
Can I afford to live at 5163 Caroline Ave?
Bedrooms
2 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
$64,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $64,000 annually to afford this 2-bedrooms monthly rent price of $1,600.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 2 years ago | $1,800 |
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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Internet available near 5163 Caroline Ave
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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