Listed 5+ Days Ago
Highlights
Pet Friendly
Location
5866 Parterra Dr, Indianapolis, IN 46237, USA|I65-South Emerson
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Property Overview
5866 Parterra Dr offers a blend of appealing features and practical advantages, with details that may include comfortable living spaces, convenient amenities, and a desirable setting. It may appeal to buyers looking for a home with well-rounded characteristics, everyday functionality, and features that support a range of lifestyles.
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- Extra Storage
- Images available
Great for
Pet owners
Amenities for 5866 Parterra Dr, I65-South Emerson
Community
| Cats OK | Dogs OK |
Grounds
| Outdoor Space | Storage |
| Swimming Pool |
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
All Policy
Allowed
Questions about this property’s policies and fees?
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About 5866 Parterra Dr
Welcome to your dream home! Step inside this pet-friendly home featuring modern finishings and a layout designed with functionality in mind. Enjoy the storage space found in the kitchen and closets as well as the spacious living areas and natural light throughout. Enjoy outdoor living in your yard, perfect for gathering, relaxing, or gardening! Take advantage of the incredible location, nestled in a great neighborhood with access to schools, parks, dining and more. Don’t miss a chance to make this house your next home! Beyond the home, experience the ease of our technology-enabled maintenance services, ensuring hassle-free living at your fingertips. Help is just a tap away! Self-touring is available 8 AM - 8PM. Apply now! There is a one-time application fee of $55 per adult to cover the cost of screening and processing. We don’t charge an administration fee. Additionally, a Security Deposit of one month’s rent, and any applicable fees for Pets ($250 non-refundable deposit + $40/month per pet), Pools ($150/mo), Septic systems ($15/mo), and any applicable HOA amenity fees. We do not advertise on or TikTok. We also do not ask for payment via check, cash, wire transfer, or cash apps. By requesting information to apply for or tour this property, you agree to receive text messages from Main Street Renewal. Message and data rates may apply. You can reply STOP at any time to opt out. This property allows self guided viewing without an appointment. Contact for details.
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 5866 Parterra Drive, Indianapolis, IN 46237, USA compares to other nearby properties.
Positives
- High school nearby
- There is a high school 1 mile away
- Extra Storage
- Upgraded in-unit features
- Images available
- There are at least 10 photos of this address
Address details
| Neighborhood | I65-South Emerson |
|---|---|
| Zip code | 46237 |
| Type | House for rent |
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Rent trends in I65-South Emerson
4-bedroom apartments at 5866 Parterra Dr cost about 22% more than the average rent price for 4-bedroom apartments in Indianapolis.
Median rents as of Sep 26 2026.
I65-South Emerson
Indianapolis
| Month | Median Rent |
|---|---|
| October 2024 | $1,855 |
| November 2024 | $1,810 |
| December 2024 | $1,816 |
| January 2025 | $1,854 |
| February 2025 | $1,885 |
| March 2025 | $1,942 |
| April 2025 | $1,993 |
| May 2025 | $2,025 |
| June 2025 | $2,040 |
| July 2025 | $1,984 |
| August 2025 | $1,900 |
| September 2025 | $1,894 |
| October 2025 | $1,885 |
| November 2025 | $1,810 |
| December 2025 | $1,820 |
| January 2026 | $1,842 |
| February 2026 | $1,868 |
| March 2026 | $1,942 |
| April 2026 | $2,004 |
| May 2026 | $1,984 |
| June 2026 | $2,068 |
| July 2026 | $2,009 |
| August 2026 | $1,971 |
| September 2026 | $1,995 |
| Month | Median Rent |
|---|---|
| September 2025 | $1,830 |
| October 2025 | $1,823 |
| November 2025 | $1,730 |
| December 2025 | $1,707 |
| January 2026 | $1,695 |
Affordability calculator
Can I afford to live at 5866 Parterra Dr?
Bedrooms
4+ 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
$82,600/yr
With your selected rent-to-income ratio, you'd ideally want to make $82,600 annually to afford this 4-bedrooms monthly rent price of $2,065.
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 | |||||
|---|---|---|---|---|---|
| This month | $2,065 | 4 bed | 3 bath | ||
| 4 years ago | $1,670 | 4 bed | 3 bath | ||
| 9 years ago | $1,345 | 4 bed | 3 bath | ||
| 9 years ago | $1,345 | 4 bed | 3 bath | ||
| 12 years ago | $1,200 | 4 bed | 3 bath |
Schools near 5866 Parterra Dr
Arlington Elementary School
5814 s arlington ave
indianapolis, IN, 46237
K-3Public
B+
Edgewood Intermediate School
7620 edgewood
indianapolis, IN, 46239
4-6Public
B+
Wanamaker Early Learning Center
4150 bazil ave
indianapolis, IN, 46239
PKPublic
Lillie Idella Kitley Intermediate School
8735 indian creek rd
indianapolis, IN, 46259
4-6Public
A-
Family Development Services - Southeast Head Start
4024 south madison ave
indianapolis, IN, 46227
PKPublic
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Internet available near 5866 Parterra Dr
Neighborhood
I65-South Emerson | Indianapolis, IN
Getting around Indianapolis near 5866 Parterra Dr
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 5866 Parterra Dr, Indianapolis
Groceries
6/10
Variety of groceries within a short drive
Shopping
4/10
Some shops within a short drive
Cafes
4/10
Some cafés within a short drive
Restaurants
5/10
Variety of restaurants within a short drive
Primary schools
2/10
Closest elementary school further than a 30-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Parks
2/10
Limited amount of park space nearby
Nightlife
4/10
Some bars within a short drive
Other units at this address
5866 Parterra Drive, Indianapolis, IN
5866 Parterra Drive Indianapolis, IN
Occupied
4 Beds, 2.5 Baths
4 Beds
2.5 Baths
$1,000
Dishwasher • Air Conditioning • Fireplace • Walk-In Closets • In-Unit Laundry
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