Updated 5+ Days Ago
Highlights
Pet Friendly
- Lush trees
- Picturesque front lawn
Location
551 N Highland Ave, Indianapolis, IN 46202, USA|Near Eastside
Tour 551 N Highland Ave
Contact
T&H Realty Services
Nearby rentals
Property management
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Property Overview
Lush trees and a picturesque front lawn give the home a pleasant, inviting setting. It also offers strong value for money, with top-rated middle and high schools nearby, plus a highly walkable area with diverse age groups, many mixed-use spaces, and numerous restaurants within a mile.
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
High school nearby- Middle school nearby
- Less expensive
Great for
Social life
Amenities for 551 N Highland Ave, Near Eastside
Community
| Cats OK | Dogs OK |
Grounds
| Outdoor Space |
Services
| Package Service |
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?
Building details
Property details
| Lease terms | 12+ months |
|---|
About 551 N Highland Ave
** Please sign up for the Waitlist via threaltyinc. com indianapolis-houses-for-rent to be notified when this home is available. Note: Applications are not accepted until the available date and the Rental Price is Subject to Change. ** Welcome to this enchanting cottage-style home. This delightful property offers a cozy entrance, two inviting bedrooms, one bathroom, and a picturesque front lawn surrounded by lush trees and green grass. Perfectly combining comfort and tranquility, this home presents an excellent opportunity for those seeking a comfortable retreat within the heart of the city. Small pets only. WARNING: Do not use a VPN when registering for a tour. 2-year lease preferred. Note: In addition to the monthly rent, residents will pay $45 each month for a Resident Benefits Package. Details: www threaltyinc com rbp Zero Deposit option for qualified applicants. Details can be found here: https www threaltyinc com our-deposit-waiver-program
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 551 N Highland Ave compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.2 miles away
- Middle school nearby
- There is a middle school 0.5 miles away
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- Package service
- More secure storage for delivery
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 0.4 miles away
- Lacks images
- Fewer than 5 photos available for this property
- No in-unit dishwasher
- Dishwashers aren't available
Address details
| Neighborhood | Near Eastside |
|---|---|
| Zip code | 46202 |
| Type | House for rent |
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Rent trends in Near Eastside
2-bedroom apartments at 551 N Highland Ave cost about the same as the average rent price for 2-bedroom apartments in Indianapolis.
Median rents as of Oct 17 2026.
Near Eastside
Indianapolis
| Month | Median Rent |
|---|---|
| November 2024 | $1,392 |
| December 2024 | $1,378 |
| January 2025 | $1,389 |
| February 2025 | $1,389 |
| March 2025 | $1,333 |
| April 2025 | $1,312 |
| May 2025 | $1,322 |
| June 2025 | $1,312 |
| July 2025 | $1,298 |
| August 2025 | $1,290 |
| September 2025 | $1,266 |
| October 2025 | $1,275 |
| November 2025 | $1,275 |
| December 2025 | $1,256 |
| January 2026 | $1,245 |
| February 2026 | $1,239 |
| March 2026 | $1,250 |
| April 2026 | $1,250 |
| May 2026 | $1,275 |
| June 2026 | $1,288 |
| July 2026 | $1,270 |
| August 2026 | $1,290 |
| September 2026 | $1,299 |
| October 2026 | $1,297 |
| Month | Median Rent |
|---|---|
| November 2024 | $1,104 |
| December 2024 | $1,034 |
| January 2025 | $1,012 |
| February 2025 | $1,000 |
| March 2025 | $999 |
| April 2025 | $1,075 |
| May 2025 | $1,078 |
| June 2025 | $1,098 |
| July 2025 | $1,089 |
| August 2025 | $1,087 |
| September 2025 | $1,100 |
| October 2025 | $1,112 |
| November 2025 | $1,120 |
| December 2025 | $1,170 |
| January 2026 | $1,162 |
| February 2026 | $1,186 |
| March 2026 | $1,190 |
| April 2026 | $1,181 |
| May 2026 | $1,196 |
| June 2026 | $1,152 |
| July 2026 | $1,112 |
| August 2026 | $1,149 |
| September 2026 | $1,131 |
| October 2026 | $1,150 |
Affordability calculator
Can I afford to live at 551 N Highland Ave?
Bedrooms
2 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
$46,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $46,000 annually to afford this 2-bedrooms monthly rent price of $1,150.
For more information on rent affordability, visit our rent calculator.
Schools near 551 N Highland Ave
Frederick Douglass School 19
2020 dawson st
indianapolis, IN, 46203
PK, K-8Public
C-
Ips - Butler Lab at William Bell 60
3330 n pennsylvania
indianapolis, IN, 46205
PK, K-8Public
C+
Family Development Services, Inc. Service Center II Head Start
3637 n meridian st
indianapolis, IN, 46208
PKPublic
Indiana School for the Deaf
1200 e 42nd st
indianapolis, IN, 46205
PK, K-12Public
Family Development Services - Windsor Village East
5950 e 23rd st
indianapolis, IN, 46218
PKPublic
Getting around Indianapolis near 551 N Highland Ave
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
4/10
There are a few mass transit options within the area.
Points of interest for 551 N Highland Ave, Indianapolis
Groceries
7/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
6/10
Wide variety of shops within a short drive, including some within walking distance
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 few minutes’ walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
9/10
Wide variety of bars within a few minutes' walk
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