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Updated 5+ Days Ago

Location

5168 Caroline Ave, Indianapolis, IN 46205, USA|Fairgrounds

Property Overview

Located near highly rated elementary and middle schools, the home also stands out with 19 photos for a clear visual preview. It may appeal to those working from home thanks to high-speed internet, two nearby internet providers, three office supply stores within a mile, and a quiet setting with little noise pollution.

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
  • Images Available

Great for

  • Work-from-home

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$1,879

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Allisonville • 7503 Ivywood Cir

3 Beds

$1,625–$1,685

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Our team has verified this company

Allisonville • 4901 Whitton Pl

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N/A

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6256 Raleigh Dr, Indianapolis, IN, 46219

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Eastside • 6256 Raleigh Dr

3 Beds

$1,735

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I69-Fall Creek • 7545 Bayview Club Dr

3 Beds

$1,799–$3,288

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Crooked Creek • 5480 Michigan Rd

3 Beds

$1,799

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Broad Ripple • 6321 Douglas Rd

3 Beds

$1,750

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Meridian Kessler • 5144 Winthrop Ave

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$1,695

Rent trends in Fairgrounds

3-bedroom apartments at 5168 Caroline Ave cost about 22% more than the average rent price for 3-bedroom apartments in Indianapolis.

Median rents as of Sep 12 2026.
Fairgrounds
Indianapolis
A table of 3-bedroom apartment rental data trends in Indianapolis
MonthMedian Rent
September 2024$1,595
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
September 2026$1,617
A table of 3-bedroom apartment rental data trends in Fairgrounds
MonthMedian Rent
September 2024$1,273
October 2024$1,249
November 2024$1,358
December 2024$1,245
February 2025$1,300
March 2025$1,312
June 2025$1,775
July 2025$1,689
August 2025$1,521
September 2025$1,396
October 2025$1,408
November 2025$1,343
December 2025$1,303
January 2026$1,301
February 2026$1,272
March 2026$1,259
April 2026$1,254
May 2026$1,413
June 2026$1,499
July 2026$1,574
August 2026$1,560
September 2026$1,559

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 5168 Caroline Ave, Indianapolis, IN.
3 months ago$1,900

Schools near 5168 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 5168 Caroline Ave

Neighborhood

Fairgrounds | Indianapolis, IN

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Indianapolis near 5168 Caroline Ave

Walking

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

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

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

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 5168 Caroline Ave, Indianapolis

Groceries

9/10
At least one supermarket within a 10-minute walk

Shopping

6/10
Several shops within a few minutes’ walk

Cafes

5/10
Some cafés within a few minutes’ walk

Restaurants

6/10
Some restaurants within a few minutes’ walk

Primary schools

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

High schools

1/10
Closest high school further than a 30-minute walk

Parks

5/10
Moderate amount of park space nearby

Nightlife

3/10
Some bars within walking distance

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