Updated 5 Hours 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
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Property management
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Property Overview
Lush trees and a picturesque front lawn create a pleasant setting, while nearby top-rated middle and high schools add convenience. The area also stands out for value for money, walkability, diverse age groups, and a strong social scene with many nearby mixed-use spaces and restaurants.
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
Less expensive- High school nearby
- Middle school nearby
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 |
|---|
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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
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- High school nearby
- There is a high school 0.2 mile away
- Middle school nearby
- There is a middle school 0.5 mile away
- Package service
- More secure storage for delivery
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 0.4 mile away
- Lacks images
- Fewer than 10 photos available for this location
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 0% more than the average rent price for 2-bedroom apartments in Indianapolis.
Median rents as of Aug 29 2026.
Near Eastside
Indianapolis
| Month | Median Rent |
|---|---|
| September 2024 | $1,382 |
| October 2024 | $1,394 |
| 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 |
| Month | Median Rent |
|---|---|
| September 2024 | $1,083 |
| October 2024 | $1,153 |
| 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 |
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
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Internet available near 551 N Highland Ave
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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