Updated 5+ Days Ago
Location
5347 N College Ave, Indianapolis, IN 46220, USA|Meridian Kessler
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Property Overview
Conveniently located in Indianapolis, this address offers easy access to nearby amenities, transit, and neighborhood conveniences. It also stands out for its practical location and appealing surrounding area, making it a strong fit for a range of everyday needs.
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
Eco-friendly trash disposal
Great for
Pet owners
Amenities for 5347 N College Ave, Meridian Kessler
Apartment Amenities
| Hardwood Floor | Original Hardwood Floor |
Appliances
| Dishwasher | Electric Stove Top and Oven |
| In-Unit Laundry | Microwave |
| New Stainless Steel Kitchen Appliances | Stackable Washer & Dryer |
Neighborhood
| Great Location |
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
About 5347 N College Ave
5347 N College Ave cost $1,025 per month. A couple amenities for this apartment include but are not limited to: in-unit laundry and microwave. Located at 5347 N College Ave, Indianapolis, IN 46220, USA, this unit has 1 bedroom and 1 bathroom. Based on the average rent price of 1 bedroom in Indianapolis, renting this apartment is 2% cheaper per month.
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 5347 N College Ave, Indianapolis, IN 46220, USA compares to other nearby properties.
Positives
- Eco-friendly trash disposal
- This property has recycling pickup
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1.4 miles away
Address details
| Neighborhood | Meridian Kessler |
|---|---|
| Zip code | 46220 |
| Type | Apartment for rent |
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Rent trends in Meridian Kessler
1-bedroom apartments at 5347 N College Ave cost about 8% less than the average rent price for 1-bedroom apartments in Indianapolis.
Median rents as of Oct 17 2026.
Meridian Kessler
Indianapolis
| Month | Median Rent |
|---|---|
| November 2024 | $1,126 |
| December 2024 | $1,125 |
| January 2025 | $1,152 |
| February 2025 | $1,150 |
| March 2025 | $1,087 |
| April 2025 | $1,024 |
| May 2025 | $1,087 |
| June 2025 | $1,098 |
| July 2025 | $1,090 |
| August 2025 | $1,097 |
| September 2025 | $1,105 |
| October 2025 | $1,080 |
| November 2025 | $1,046 |
| December 2025 | $1,048 |
| January 2026 | $1,017 |
| February 2026 | $1,022 |
| March 2026 | $1,011 |
| April 2026 | $1,017 |
| May 2026 | $1,007 |
| June 2026 | $1,016 |
| July 2026 | $1,064 |
| August 2026 | $1,046 |
| September 2026 | $1,049 |
| October 2026 | $1,049 |
| Month | Median Rent |
|---|---|
| November 2024 | $1,063 |
| December 2024 | $1,131 |
| January 2025 | $1,128 |
| February 2025 | $1,064 |
| March 2025 | $1,151 |
| April 2025 | $1,427 |
| May 2025 | $1,077 |
| June 2025 | $1,153 |
| July 2025 | $1,195 |
| August 2025 | $1,177 |
| September 2025 | $1,136 |
| October 2025 | $1,141 |
| November 2025 | $1,126 |
| December 2025 | $1,009 |
| January 2026 | $988 |
| February 2026 | $1,007 |
| March 2026 | $1,038 |
| April 2026 | $1,126 |
| May 2026 | $1,084 |
| June 2026 | $1,264 |
| July 2026 | $1,177 |
| August 2026 | $1,086 |
| September 2026 | $1,241 |
| October 2026 | $1,258 |
Affordability calculator
Can I afford to live at 5347 N College Ave?
Bedrooms
1 bedroomRent-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
$41,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $41,000 annually to afford this 1-bedroom monthly rent price of $1,025.
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.| Bath | |||||
|---|---|---|---|---|---|
| 2 months ago | $1,050 | 1 bed | 1 bath | ||
| 1 year ago | $1,395 | 1 bed | 1 bath | ||
| 2 years ago | $1,025 | 1 bed | 1 bath | ||
| 2 years ago | $1,395 | 1 bed | 1 bath | ||
| 3 years ago | $1,510 | 1 bed | 1 bath | ||
| 4 years ago | $950 | 1 bed | 1 bath | ||
| 4 years ago | $950 | 1 bed | 1 bath | ||
| 4 years ago | $950 | 1 bed | 1 bath | ||
| 4 years ago | $1,150 | 1 bed | 1 bath |
Schools near 5347 N College Ave
Ips/Butler Lab at Eliza Blaker 55
1349 e 54th st
indianapolis, IN, 46220
PK, K-8Public
C
Center for Inquiry School 70
510 east 46th st
indianapolis, IN, 46205
K-8Public
B
Indiana School for the Deaf
1200 e 42nd st
indianapolis, IN, 46205
PK, K-12Public
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+
Getting around Indianapolis near 5347 N College Ave
Walking
6/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
4/10
There are a few mass transit options within the area.
Points of interest for 5347 N College Ave, Indianapolis
Groceries
9/10
Wide variety of groceries within a few minutes' walk
Shopping
6/10
Variety of shops within a short drive
Cafes
8/10
Wide variety of cafés within a short drive, including some within walking distance
Restaurants
8/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
6/10
At least one high school within a 15-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
7/10
Wide variety of bars within a short drive, including some within walking distance
Other units at this address
5347 N College Ave, Indianapolis, IN
5347 N College Ave Indianapolis, IN
Occupied
208
1 Bed
1 Bath
$950
Assigned Parking • Air Conditioning • Dishwasher • Furnished
Occupied
211
1 Bed
1 Bath
$1,000
Hardwood Floor
Occupied
214
1 Bed
1 Bath
$1,050
Air Conditioning • In-Unit Laundry • Hardwood Floor • Dishwasher • High Ceilings • Assigned Parking
Occupied
313
1 Bed
1 Bath
$1,150
In-Unit Laundry • Dishwasher • Microwave
Occupied
203
1 Bed
1 Bath
$1,295
Assigned Parking • In-Unit Laundry • Hardwood Floor
Occupied
212
1 Bed
1 Bath
$1,510
Cable • Air Conditioning • In-Unit Laundry • Hardwood Floor • Microwave • Dishwasher
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