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Updated 5+ Days Ago
Location
5264 Austral Dr, Indianapolis, IN 46254, USA|Bayswater
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Property Overview
Set in a convenient location with public transportation immediately nearby and a grocery store within about 0.2 miles, the home offers strong everyday accessibility. High value for money and value per square foot relative to the area, along with 15 listing photos, help provide clarity on what’s offered and may appeal to budget-conscious renters seeking a well-represented option.
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
More space- Less expensive
- Images Available
Great for
Pet owners
Amenities for 5264 Austral Dr, Bayswater
Appliances
| Garbage Disposal |
Community
| 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
About 5264 Austral Dr
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 3-bedroom, 2-bathroom rental home in Indianapolis, IN, has a lot to offer; does it check all your boxes? See the pictures to learn more. And apply soon – homes can go fast! 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 5264 Austral Dr compares to other nearby properties.
Positives
- More space
- The 3-bedroom is 606 sqft larger than other listings nearby
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- Images Available
- There are at least 10 photos of this property
- Laundry available on site
- Washers and dryers are available in-building
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 2.4 miles away
- Greater distance from high schools
- The nearest high school is farther than 2.0 miles away
Address details
| Neighborhood | Bayswater |
|---|---|
| Zip code | 46254 |
| Type | House for rent |
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Available rentals nearby
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4312 Village Trace Dr, Indianapolis, IN, 46254
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Our team has verified this companyLafayette Square • 4301 Falcon Creek Blvd
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$1,600–$1,750
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Our team has verified this companyEagledale • 3215 N Alton Ave
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Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.Waterfront Terrace
Our team has verified this companyEagledale • 3510 Kebil Dr
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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.Snacks - Guion Creek • 5810 Sebring Dr
3 Beds
$1,599
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.Brickyard Flats
Our team has verified this companySpeedway • 6363 Hollister Drive
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$1,429
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.5724 Blackley Ln, Indianapolis, IN, 46254
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Our team has verified this companySnacks - Guion Creek • 4312 Village Trace Dr
3 Beds
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Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.Rent trends in Bayswater
3-bedroom apartments at 5264 Austral Dr cost about 14% less than the average rent price for 3-bedroom apartments in Indianapolis.
Median rents as of Oct 31 2026.
Bayswater
Indianapolis
| Month | Median Rent |
|---|---|
| November 2024 | $1,593 |
| 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 | $1,618 |
| October 2026 | $1,647 |
| Month | Median Rent |
|---|---|
| March 2025 | $1,814 |
| April 2025 | $1,880 |
| June 2025 | $1,900 |
| July 2025 | $1,822 |
| August 2025 | $1,770 |
| September 2025 | $1,693 |
| October 2025 | $1,775 |
| November 2025 | $1,722 |
| December 2025 | $1,696 |
| January 2026 | $1,681 |
| February 2026 | $1,743 |
| March 2026 | $1,845 |
| April 2026 | $1,755 |
| May 2026 | $1,724 |
| June 2026 | $1,797 |
| July 2026 | $1,967 |
| August 2026 | $1,950 |
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 7 months ago | $1,780 |
Schools near 5264 Austral Dr
Eagle Creek Elementary School
6905 w 46th st
indianapolis, IN, 46254
K-5Public
B-
Lincoln Elementary
4807 bulldog way
brownsburg, IN, 46112
K-5Public
A
Willow Lake Elementary School
7535 harcourt rd
indianapolis, IN, 46260
K-5Public
C+
Achieve Virtual Elementary
47 beachway dr
indianapolis, IN, 46224
K-6Public
C+
Impact Academy 2
320 n tibbs ave
indianapolis, IN, 46222
K-12Public
Getting around Indianapolis near 5264 Austral Dr
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 5264 Austral Dr, Indianapolis
Groceries
0/10
Closest supermarket further than a 30-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
2/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
6/10
At least one elementary school within a 20-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
1/10
Few or no bars within walking distance
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