5+ Days Ago
Location
5246 Melbourne Rd, Indianapolis, IN 46228, USA|Snacks - Guion Creek
Tour 5246 Melbourne Rd
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FirstKey Homes
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Property Overview
Situated in a high value-per-square-foot area, the home offers strong investment potential along with the convenience of a grocery store less than half a mile away. Nearby top-rated elementary and middle schools add to the overall appeal, and an extensive set of 30 photos helps provide a clear sense of the space. A private patio/balcony further enhances everyday enjoyment and outdoor relaxation.
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- More space
- Elementary school nearby
Great for
Work-from-home
Amenities for 5246 Melbourne Rd, Snacks - Guion Creek
Features
| Balcony |
Appliances
| Garbage Disposal |
Community
| Basement | Laundry Hookups |
| Onsite Laundry |
Grounds
| Swimming Pool |
Services
| On-Site Management |
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
All Policy
Allowed
Limit3
Questions about this property’s policies and fees?
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About 5246 Melbourne Rd
Apply now or schedule your self-tour today and take the first step toward getting more than just a place to live. Rent with FirstKey Homes for a home that's right for you, plus professional service and maintenance, innovative resident programs, and more… that's the power of purple! This 4-bedroom, 2.5-bathroom rental home in Indianapolis, IN, may be the right place for you. Find hours of peace on the private patio/balcony. See the pictures to learn more. And apply soon – homes can go fast! This home is available to pre-lease! Reserve it by paying a refundable Hold Fee. (Exceptions apply in Colorado.) Find out more about Pre-Leasing at ? https www firstkeyhomes com pre-leasing ? This home is currently occupied and coming soon; please respect the current resident's privacy and do not disturb. Please note that the advertised price may exclude additional fees. These include a $55 application fee per applicant; a one-time $75 admin fee; an $11 monthly utility management fee; other mandatory fees, if applicable, for pool maintenance, pet fees/rent, smart home, internet service, and propane refilling; and optional fees for services like self-guided tours with third-party provider Rently ($1.99 to $11.99). HOAs may also charge mandatory application and amenity fees, where applicable, which must be paid directly to the HOA. For a comprehensive overview of all potential fees, please see our Rental Fees page. FirstKey Homes, LLC is an Equal Housing Lessor under the FHA. Applicable local, state and federal laws may apply. Lease terms and conditions apply. This is not an offer to rent-you must submit additional information for review and approval. Listed features may not be accurate; confirm details with a leasing representative. Certain cities and municipalities - including St. Louis and Chicago - require a home inspection prior to a new resident taking possession of the home. Please note that your move-in date could be adjusted to accommodate inspection requirements. Ask your leasing agent for more details. BEWARE OF RENTAL SCAMS: FirstKey Homes exclusively manages our homes (no third-party management). We do not lease homes through, Facebook Marketplace, or other classified advertising services. All applications and lease signing can only be completed through our online platform. We will never ask for wire transfers, cash apps like Venmo, Zelle, Cash App, PayPal, or any other transferring method to collect funds. Some photos may feature virtual furniture staging, which is intended to help visualize the space and potential designs. The rental home does not come with any furniture shown in the images and these virtual images do not represent actual furnishings. Listing photos are provided to help you select a home; all photos shown are for representative and illustrative purposes only but may not be exact. Colors and photo size may vary based on different resolutions, hue, brightness, contrast, or other photo variations. Photos on websites may be modified, changed, or amended at any time. For new construction homes, actual homes may vary; photos may be of similar home/floorplan; home may be under construction and photos may not be of actual home; individual homes, amenities, features, and views may differ.
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 5246 Melbourne Rd compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 1 mile away
- More space
- The 4-bedroom is 855 sqft larger than other listings nearby
- Elementary school nearby
- There is an elementary school 1 mile away
- Images Available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Considerations
- Greater distance from high schools
- The nearest high school is farther than 3 miles away
Address details
| Neighborhood | Snacks - Guion Creek |
|---|---|
| Zip code | 46228 |
| Type | House for rent |
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Rent trends in Snacks - Guion Creek
4-bedroom apartments at 5246 Melbourne Rd cost about 3% more than the average rent price for 4-bedroom apartments in Indianapolis.
Median rents as of May 30 2026.
Snacks - Guion Creek
Indianapolis
| Month | Median Rent |
|---|---|
| June 2024 | $1,857 |
| July 2024 | $1,838 |
| August 2024 | $1,861 |
| September 2024 | $1,852 |
| October 2024 | $1,853 |
| November 2024 | $1,810 |
| December 2024 | $1,816 |
| January 2025 | $1,854 |
| February 2025 | $1,885 |
| March 2025 | $1,942 |
| April 2025 | $1,993 |
| May 2025 | $2,025 |
| June 2025 | $2,040 |
| July 2025 | $1,984 |
| August 2025 | $1,900 |
| September 2025 | $1,894 |
| October 2025 | $1,885 |
| November 2025 | $1,810 |
| December 2025 | $1,820 |
| January 2026 | $1,842 |
| February 2026 | $1,868 |
| March 2026 | $1,942 |
| April 2026 | $2,004 |
| May 2026 | $1,984 |
| Month | Median Rent |
|---|---|
| June 2024 | $1,982 |
| July 2024 | $1,955 |
| August 2024 | $1,874 |
| September 2024 | $1,839 |
| October 2024 | $2,048 |
| November 2024 | $2,243 |
| December 2024 | $2,165 |
| January 2025 | $2,203 |
| February 2025 | $2,173 |
| March 2025 | $2,105 |
| April 2025 | $2,188 |
| May 2025 | $2,128 |
| June 2025 | $2,139 |
| July 2025 | $2,034 |
| August 2025 | $2,076 |
| September 2025 | $2,053 |
| October 2025 | $2,051 |
| November 2025 | $1,989 |
| December 2025 | $1,960 |
| January 2026 | $1,983 |
| February 2026 | $2,095 |
| March 2026 | $2,194 |
| April 2026 | $2,187 |
| May 2026 | $2,172 |
Affordability calculator
Can I afford to live at 5246 Melbourne Rd?
Bedrooms
4+ 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
$92,400/yr
With your selected rent-to-income ratio, you'd ideally want to make $92,400 annually to afford this 4-bedrooms monthly rent price of $2,310.
For more information on rent affordability, visit our rent calculator.
Schools near 5246 Melbourne Rd
Guion Creek Elementary School
4301 w 52nd st
indianapolis, IN, 46254
K-5Public
C+
New Augusta Public Academy - South
6250 rodebaugh rd
indianapolis, IN, 46268
K-5Public
C
Willow Lake Elementary School
7535 harcourt rd
indianapolis, IN, 46260
K-5Public
C+
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
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Internet available near 5246 Melbourne Rd
Neighborhood
Snacks - Guion Creek | Indianapolis, IN
Getting around Indianapolis near 5246 Melbourne Rd
Walking
2/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
9/10
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
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 5246 Melbourne Rd, Indianapolis
Groceries
1/10
Closest supermarket further than a 30-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
2/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
0/10
Closest elementary school further than a 30-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Parks
4/10
Limited amount of park space nearby
Nightlife
0/10
Few or no bars within walking distance
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