Updated 3 Hours Ago
Highlights
Pet Friendly
Location
5341 Waterton Lakes Dr, Indianapolis, IN 46237, USA|Galludet
Tour 5341 Waterton Lakes Dr
Contact
Progress Residential
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Amenities for 5341 Waterton Lakes Dr, Galludet
Features
| Deck | Eat-in Kitchen |
| Fireplace | Granite Countertops |
| Loft | Patio |
Appliances
| Central Air & Heat | Stainless Steel Appliances |
Tech
| Smart Home |
Community
| Cats OK | Dogs OK |
| Two Car Garage | Two Story |
Grounds
| Garage Parking | Gated Community |
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
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 5341 Waterton Lakes Dr
Please note, our homes are available on a first-come, first-serve basis and are not reserved until the holding fee agreement is signed and the holding fee is paid by the primary applicant. Coming soon! This home is currently being enjoyed by another resident but will be available soon. Please respect their privacy and do not disturb. You can complete the application process and reserve this home for a $500 non-refundable holding fee until it's ready for move-in. This fee must be paid within 24 hours of being pre-qualified and will be applied to your first month’s rent if you enter into a lease for this home. Interested in this home? You clearly have exceptional taste. This charming 3-bedroom, 2.5-bathroom home is not only pet-friendly, but also equipped with smart home features to make everyday life more convenient and connected. Homes like this don’t stay on the market for long—don’t miss your chance to make it yours. Apply today! The Homeowners Association (HOA) for this home may have a separate application process that applicants will need to complete in addition to Progress Residential’s application. This may involve registering with the HOA, completing its approval process, and paying any required fees. You may also be subject to following additional HOA rules or restrictions. Some images have been virtually staged to help showcase the potential of spaces in the home. The furnishings shown are for illustrative purposes only and are not included in the home.
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 5341 Waterton Lakes Dr compares to other nearby properties.
Positives
- Fireplace
- Upgraded in-unit features
- Images Available
- There are at least 10 photos of this address
Considerations
- No in-unit dishwasher
- Dishwashers aren't available
- No laundry facilities available
- This property doesn't offer on-site or in-unit washers and dryers
Address details
| Neighborhood | Galludet |
|---|---|
| Zip code | 46237 |
| Type | House for rent |
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Managed by Progress Residential
Progress Residential
Rent trends in Galludet
3-bedroom apartments at 5341 Waterton Lakes Dr cost about 4% less than the average rent price for 3-bedroom apartments in Indianapolis.
Median rents as of Jul 25 2026.
Galludet
Indianapolis
| Month | Median Rent |
|---|---|
| August 2024 | $1,611 |
| 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 |
| 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 |
| Month | Median Rent |
|---|---|
| August 2024 | $1,781 |
| September 2024 | $1,745 |
| October 2024 | $1,730 |
| November 2024 | $1,692 |
| December 2024 | $1,733 |
| January 2025 | $1,766 |
| February 2025 | $1,770 |
| March 2025 | $1,891 |
| April 2025 | $2,005 |
| May 2025 | $1,932 |
| June 2025 | $1,864 |
| July 2025 | $1,832 |
| August 2025 | $1,839 |
| September 2025 | $1,823 |
| October 2025 | $1,818 |
| November 2025 | $1,824 |
| December 2025 | $1,785 |
| January 2026 | $1,779 |
| February 2026 | $1,833 |
| March 2026 | $1,854 |
| April 2026 | $1,860 |
| May 2026 | $1,924 |
| June 2026 | $1,948 |
| July 2026 | $2,031 |
Affordability calculator
Can I afford to live at 5341 Waterton Lakes Dr?
Bedrooms
3 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
$80,600/yr
With your selected rent-to-income ratio, you'd ideally want to make $80,600 annually to afford this 3-bedrooms monthly rent price of $2,015.
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.| 8 years ago | $1,320 |
Schools near 5341 Waterton Lakes Dr
Arlington Elementary School
5814 s arlington ave
indianapolis, IN, 46237
K-3Public
B+
Edgewood Intermediate School
7620 edgewood
indianapolis, IN, 46239
4-6Public
B+
Lillie Idella Kitley Intermediate School
8735 indian creek rd
indianapolis, IN, 46259
4-6Public
A-
Wanamaker Early Learning Center
4150 bazil ave
indianapolis, IN, 46239
PKPublic
Family Development Services - Southeast Head Start
4024 south madison ave
indianapolis, IN, 46227
PKPublic
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Internet available near 5341 Waterton Lakes Dr
Neighborhood
Galludet | Indianapolis, IN
Getting around Indianapolis near 5341 Waterton Lakes 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.
Transit
1/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 5341 Waterton Lakes Dr, Indianapolis
Groceries
8/10
The nearest general grocery store is within a 5-minute walk.
Shopping
3/10
Few fashion stores are within walking distance.
Cafes
1/10
No cafés within walking distance.
Restaurants
3/10
Few restaurants are within walking distance.
Primary schools
2/10
The closest elementary school is within a 20-to-30-minute walk.
High schools
3/10
The closest high school is within a 20-to-30-minute walk.
Parks
2/10
Very few or no parks in the area.
Nightlife
2/10
The closest bar is within a 15-minute walk. There are few or no other bars within walking distance.
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