5+ Days Ago
Highlights
Pet Friendly
Location
5518 Chisolm Trail, Indianapolis, Indiana 46237, United States|I65-South Emerson
Tour 5518 Chisolm Trail
Contact
Discover Properties PMG
Nearby rentals
Renter hub
Property management
Apartments for rent IndianapolisApartments for rent MuncieApartments for rent BloomingtonApartments for rent GreenwoodApartments for rent FishersApartments for rent NoblesvilleApartments for rent Snacks - Guion CreekApartments for rent Chapel Hill - Ben DavisApartments for rent Five PointsApartments for rent Old NortheastApartments for rent WestfieldApartments for rent WhitestownApartments for rent Valley MillsApartments for rent AvonApartments for rent CambyApartments Near Me
Houses for rent IndianapolisHouses for rent Near EastsideHouses for rent Martindale - BrightwoodHouses for rent Meridian KesslerHouses for rent GreenwoodHouses for rent Downtown IndianapolisHouses for rent BloomingtonHouses for rent Near SoutheastHouses for rent FishersHouses for rent MuncieHouses for rent Elm HeightsHouses for rent CarmelHouses for rent EastsideHouses for rent Southeast WarrenHouses for rent North High SchoolHouses for rent near me
Property Overview
Located in a high-value area, this property stands out for its easy access and exceptional value for money, ranking in the 92.31 percentile compared to others nearby. Additionally, the lack of breed or pet restrictions, along with proximity to pet services, enhances its appeal for pet owners.
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- Elementary school nearby
Great for
Pet owners
Amenities for 5518 Chisolm Trail, I65-South Emerson
Appliances
| Range |
Building
| Cats OK | Dogs OK |
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
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
Advertisement
About 5518 Chisolm Trail
Home
Houses in IndianapolisI65-South Emerson 5518 Chisolm Trail, Indianapolis, Indiana 46237, United States
Houses in IndianapolisI65-South Emerson 5518 Chisolm Trail, Indianapolis, Indiana 46237, United States
Sweet deal!
This listing is 19% below the median price for 3 bedroom apartments in I65-South Emerson.
Coming soon! Welcome to your spacious 3-bedroom, 1.5-bathroom home, nestled in the heart of Indianapolis, IN. Enjoy maximum comfort and convenience within this beautiful ranch style home with spacious back yard. Plus, the location is unbeatable, with easy access to I-65, shopping, dining, and entertainment options. Contact us at discoverproperties. net or call (317) 254-8888 for a tour today and experience all the perks of living in Franklin Township. EHO
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 5518 Chisolm Trail compares to other nearby properties.
Positives
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- Elementary school nearby
- There is an elementary school 1 mile away
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
- Grow a garden indoors
- A balcony, backyard, or shared outdoor space isn't available
Address details
| Neighborhood | I65-South Emerson |
|---|---|
| Zip code | 46237 |
| Type | House for rent |
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in I65-South Emerson
3-bedroom apartments at 5518 Chisolm Trail cost about 19% less than the average rent price for 3-bedroom apartments in Indianapolis.
Median rents as of Jan 10 2026.
I65-South Emerson
Indianapolis
| Month | Median Rent |
|---|---|
| February 2024 | $1,547 |
| March 2024 | $1,578 |
| April 2024 | $1,598 |
| May 2024 | $1,619 |
| June 2024 | $1,628 |
| July 2024 | $1,637 |
| August 2024 | $1,618 |
| 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 | $1,599 |
| Month | Median Rent |
|---|---|
| February 2024 | $1,537 |
| March 2024 | $1,661 |
| April 2024 | $1,705 |
| May 2024 | $1,604 |
| June 2024 | $1,674 |
| July 2024 | $1,650 |
| August 2024 | $1,617 |
| September 2024 | $1,579 |
| October 2024 | $1,554 |
| November 2024 | $1,540 |
| December 2024 | $1,566 |
| January 2025 | $1,615 |
| February 2025 | $1,678 |
| March 2025 | $1,637 |
| April 2025 | $1,692 |
| May 2025 | $1,711 |
| June 2025 | $1,584 |
| July 2025 | $1,567 |
| August 2025 | $1,561 |
| September 2025 | $1,620 |
| October 2025 | $1,563 |
| November 2025 | $1,617 |
| December 2025 | $1,637 |
| January 2026 | $1,640 |
Affordability calculator
Can I afford to live at 5518 Chisolm Trail?
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
$53,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $53,000 annually to afford this 3-bedrooms monthly rent price of $1,325.
For more information on rent affordability, visit our rent calculator.
Schools near 5518 Chisolm Trail
Arlington Elementary School
5814 s arlington ave
indianapolis, IN, 46237
K-3Public
B+
Advertisement
Internet available near 5518 Chisolm Trail
Neighborhood
I65-South Emerson | Indianapolis, IN
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Indianapolis near 5518 Chisolm Trail
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 5518 Chisolm Trail, Indianapolis
Groceries
4/10
The nearest general grocery store is within a 15-to-20 minute walk.
Shopping
3/10
Some fashion stores are within walking distance.
Cafes
2/10
The closest café is within a 30-minute walk.
Restaurants
3/10
Some restaurants are within walking distance.
Primary schools
4/10
The closest elementary school is within a 15-to-20-minute walk.
High schools
2/10
The closest high school is within a 20-to-30-minute walk.
Parks
3/10
Very few or no parks in the area.
Nightlife
2/10
The closest bar is within a 20-minute walk. There are few or no other bars within walking distance.
Compare similar properties nearby
The Domino
Our team has verified this companyMartindale - Brightwood • 3200 Dr Andrew J Brown Ave
2 Beds
$1,719
- dogs and cats ok
- fitness center
- swimming pool
Overlook at Valley Ridge Apartments
Our team has verified this companyI65-South Emerson • 6810 Valley Ridge Dr
2–3 Beds
$1,257–$6,747
- dogs and cats ok
- fitness center
- swimming pool
Emerson Village
Our team has verified this companyI65-South Emerson • 5140 Emerson Village Pl
2 Beds
$1,096–$1,383
- dogs and cats ok
- fitness center
- swimming pool
- dogs and cats ok
- fitness center
- swimming pool
Maxwell Apartments
Our team has verified this companyDowntown Indianapolis • 530 E Ohio St
2 Beds
$1,575–$1,686
- dogs and cats ok
- fitness center
- swimming pool
- dogs and cats ok
- fitness center
- swimming pool
- dogs and cats ok
- fitness center
- swimming pool
Meridian Court South
Our team has verified this companyLinden Wood • 7266 Lockwood Ln
2 Beds
$1,115–$1,440
- dogs and cats ok
- fitness center
- swimming pool
The Domino
Our team has verified this companyMartindale - Brightwood • 3200 Dr Andrew J Brown Ave
2 Beds
$1,719
- dogs and cats ok
- fitness center
- swimming pool
Overlook at Valley Ridge Apartments
Our team has verified this companyI65-South Emerson • 6810 Valley Ridge Dr
2–3 Beds
$1,257–$6,747
- dogs and cats ok
- fitness center
- swimming pool
Emerson Village
Our team has verified this companyI65-South Emerson • 5140 Emerson Village Pl
2 Beds
$1,096–$1,383
- dogs and cats ok
- fitness center
- swimming pool
- dogs and cats ok
- fitness center
- swimming pool
Maxwell Apartments
Our team has verified this companyDowntown Indianapolis • 530 E Ohio St
2 Beds
$1,575–$1,686
- dogs and cats ok
- fitness center
- swimming pool
- dogs and cats ok
- fitness center
- swimming pool
- dogs and cats ok
- fitness center
- swimming pool
Meridian Court South
Our team has verified this companyLinden Wood • 7266 Lockwood Ln
2 Beds
$1,115–$1,440
- dogs and cats ok
- fitness center
- swimming pool
Check availability
Advertisement