2 Days Ago
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5820 E 40th St, Indianapolis, IN 46226, USA|Devington
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Amenities for 5820 E 40th St, Devington
Features
| Carpet | Central Air |
| Fireplace | Natural Gas |
Community
| Basement | Exterior Type: Brick |
Grounds
| Garage Parking | Outdoor Space |
Other
| Architecture Style: Ranch | Six Rooms |
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
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About 5820 E 40th St
Property Status: Active 3 bedroom 1.5 bath home that has separate family and dining areas. Home have vinyl planking flooring in the living room, dining and kitchen. New carpet and flooring in bedrooms. Also has a full finished basement that can be used as an additional entertainment area. Home comes with stove, fridge and microwave. 2 car detached garage, fully fenced yard and has central air. Office Phone: (317) 210-3637 Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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 5820 E 40th St compares to other nearby properties.
Positives
- Fireplace
- Upgraded in-unit features
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from high schools
- The nearest high school is farther than 2 miles away
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
Address details
| Neighborhood | Devington |
|---|---|
| Zip code | 46226 |
| Type | House for rent |
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Rent trends in Devington
3-bedroom apartments at 5820 E 40th St cost about 15% more than the average rent price for 3-bedroom apartments in Indianapolis.
Median rents as of Mar 28 2026.
Devington
Indianapolis
| Month | Median Rent |
|---|---|
| April 2024 | $1,599 |
| 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 | $1,598 |
| February 2026 | $1,599 |
| March 2026 | $1,599 |
| Month | Median Rent |
|---|---|
| April 2024 | $1,322 |
| May 2024 | $1,359 |
| June 2024 | $1,387 |
| July 2024 | $1,328 |
| August 2024 | $1,294 |
| September 2024 | $1,264 |
| October 2024 | $1,315 |
| November 2024 | $1,297 |
| December 2024 | $1,257 |
| January 2025 | $1,340 |
| February 2025 | $1,390 |
| March 2025 | $1,372 |
| April 2025 | $1,346 |
| May 2025 | $1,270 |
| June 2025 | $1,578 |
| July 2025 | $1,511 |
| August 2025 | $1,315 |
| September 2025 | $1,280 |
| October 2025 | $1,284 |
| November 2025 | $1,277 |
| December 2025 | $1,369 |
| January 2026 | $1,313 |
| February 2026 | $1,395 |
| March 2026 | $1,404 |
Affordability calculator
Can I afford to live at 5820 E 40th St?
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
$60,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $60,000 annually to afford this 3-bedrooms monthly rent price of $1,500.
For more information on rent affordability, visit our rent calculator.
Schools near 5820 E 40th St
Francis Bellamy Pre-School Center
9501 e 36th st
indianapolis, IN, 46236
PKPublic
Floro Torrence School No. 83
5050 e 42nd st
indianapolis, IN, 46226
PK, K-6Public
C-
Family Development Services - Windsor Village East
5950 e 23rd st
indianapolis, IN, 46218
PKPublic
Indiana School for the Deaf
1200 e 42nd st
indianapolis, IN, 46205
PK, K-12Public
Family Development Services, CAFE Head Start
8902 east 38th st
indianapolis, IN, 46226
PKPublic
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Internet available near 5820 E 40th St
Neighborhood
Devington | Indianapolis, IN
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Indianapolis near 5820 E 40th St
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 5820 E 40th St, Indianapolis
Groceries
1/10
Closest supermarket further than a 30-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
2/10
At least one elementary school within a 30-minute walk
High schools
2/10
At least one high school within a 30-minute walk
Parks
5/10
Moderate amount of park space nearby
Nightlife
2/10
Few or no bars within walking distance
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