Nearby rentals
Renter hub
Property management
Pet Friendly
TEXT CHRIS (no calls please)
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
Less expensiveImages AvailableGreat for
Pet ownersApartment Amenities
| Air Conditioning | Balcony |
| Hardwood Floor |
Appliances
| Dishwasher | In-Unit Laundry |
Building
| Cats OK | Dogs OK |
Grounds
| Assigned Parking | Outdoor Space |
| Allowed |
|---|
| Allowed |
|---|
Contact for more information on pet policy.
| Assigned Parking | Contact for Price |
|---|
| Security Deposit | $1,875 |
|---|---|
| Incidental Fee | $50 |
|---|---|
| Per occurrence fee | |
| Lease terms | 12+ months |
|---|
5240 N College Ave. A Duplex. Originally built in 1923. 3 bedrooms. 1.5 bathrooms. Washer and Dryer included. Refrigerator. Stove. Hardwoods floors all over. Full unfinished basement. Two smaller cars or 1 larger car off street parking in back. Additional on street parking. Central AC and high efficiency furnace Newer windows throughout. Whole house attic fan. INSULATED WALLS! Very unusual for these old homes. Good Efficiency for heating and cooling. Right in the midst of great restaurants, shops, etc. like the Aristocrat, Red Key, etc... 2 blocks from Fresh Market. Two blocks from the Monon Trail. In the heart of Meridian Kessler neighborhood or SoBro. On the Red Line. Pets are on a case by case basis. Where approved, a pet fee of $35 per month. No Smoking inside. Absolutely no smoking inside of any kind.
How 5240 N College Ave #NA compares to other nearby properties.
Positives
Considerations
| Neighborhood | Meridian Kessler |
|---|---|
| Zip code | 46220 |
| Type | House for rent |
3-bedroom apartments at 5240 N College Ave #NA cost about 1% more than the average rent price for 3-bedroom apartments in Indianapolis.
| Month | Median Rent |
|---|---|
| September 2023 | $1,575 |
| October 2023 | $1,546 |
| November 2023 | $1,527 |
| December 2023 | $1,500 |
| January 2024 | $1,522 |
| February 2024 | $1,547 |
| March 2024 | $1,578 |
| April 2024 | $1,598 |
| May 2024 | $1,619 |
| June 2024 | $1,628 |
| July 2024 | $1,637 |
| August 2024 | $1,618 |
| September 2024 | $1,598 |
| 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 |
| Month | Median Rent |
|---|---|
| September 2023 | $1,741 |
| October 2023 | $1,753 |
| November 2023 | $1,701 |
| December 2023 | $1,612 |
| January 2024 | $1,648 |
| February 2024 | $1,631 |
| March 2024 | $1,589 |
| April 2024 | $1,565 |
| May 2024 | $1,550 |
| June 2024 | $1,410 |
| July 2024 | $1,568 |
| August 2024 | $1,682 |
| September 2024 | $1,787 |
| October 2024 | $1,806 |
| November 2024 | $1,783 |
| December 2024 | $1,715 |
| January 2025 | $1,700 |
| February 2025 | $1,623 |
| March 2025 | $1,688 |
| April 2025 | $1,699 |
| May 2025 | $1,785 |
| June 2025 | $1,731 |
| July 2025 | $1,730 |
| August 2025 | $1,687 |
| September 2025 | $1,733 |
Can I afford to live at 5240 N College Ave #NA?
Bedrooms
3 bedroomsRent-to-income ratio
30%
$75,000/yr
1349 e 54th st
indianapolis, IN, 46220
3330 n pennsylvania
indianapolis, IN, 46205
9501 e 36th st
indianapolis, IN, 46236
2020 dawson st
indianapolis, IN, 46203
Castleton • 8850 River Bend Pkwy
2 Beds
$1,273–$1,916
Martindale - Brightwood • 3200 Dr Andrew J Brown Ave
2 Beds
$1,900–$2,120
St. Vincent - Greenbriar • 1854 Century Way
2 Beds
$1,299–$1,450
1422 Hunters Point Dr
2–3 Beds
$1,435–$1,800
Speedway • 2030 Runaway Bay Dr
2–3 Beds
$1,526–$3,569
I69-Fall Creek • 7545 Bayview Club Dr
2–3 Beds
$1,306–$3,213
Downtown Indianapolis • 421 N Pennsylvania St
2 Beds
N/A
Castleton • 8850 River Bend Pkwy
2 Beds
$1,273–$1,916
Martindale - Brightwood • 3200 Dr Andrew J Brown Ave
2 Beds
$1,900–$2,120
St. Vincent - Greenbriar • 1854 Century Way
2 Beds
$1,299–$1,450
1422 Hunters Point Dr
2–3 Beds
$1,435–$1,800
Speedway • 2030 Runaway Bay Dr
2–3 Beds
$1,526–$3,569
I69-Fall Creek • 7545 Bayview Club Dr
2–3 Beds
$1,306–$3,213
Downtown Indianapolis • 421 N Pennsylvania St
2 Beds
N/A
