5+ Days Ago
Highlights
Pet Friendly
- Modern feel
- Conveniently located
- Off-street parking
- Large bedrooms
Location
601 N Sherman Dr, Indianapolis, IN 46201, USA|Near Eastside
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Property Overview
A modern feel and large bedrooms enhance the appeal while off-street parking adds convenience. With 12 photos available, potential renters can easily assess its value, which is above average in the area. Additionally, pet friendliness is supported by proximity to a nearby pet supply store.
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- Images Available
- Laundry available on site
Great for
Pet owners
Amenities for 601 N Sherman Dr, Near Eastside
Features
| Forced Air | Off Street |
Community
| Cats OK | Dogs OK |
| Laundry Hookups | Onsite Laundry |
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?
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About 601 N Sherman Dr
Sweet deal!
This listing is 17% below the median price for 3 bedroom apartments in Near Eastside.
This 3-bedroom, 1-bath duplex offers fresh updates and plenty of space to make yourself at home. Featuring brand new LVP flooring throughout, the unit has a clean, modern feel along with large bedrooms that provide plenty of room to spread out. Enjoy the convenience of off-street parking located behind the home, plus it's located just a short drive to downtown Indianapolis and all the shopping, dining, and amenities the east side has to offer. Affordable, updated, and conveniently located! Tenant pays $100 water/sewer flat fee. Tenant responsible for electricity and gas services. Tenant is responsible for mowing. Pets: $250 each refundable deposit, then $25/mo. Pre-Qualify: No evictions or open bankruptcies on credit report, 600 or better credit score, no felonies or violent criminal history, and must gross at least 3x rent.
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 601 N Sherman Dr compares to other nearby properties.
Positives
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- Images Available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Considerations
- 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 | Near Eastside |
|---|---|
| Zip code | 46201 |
| Type | House for rent |
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Rent trends in Near Eastside
3-bedroom apartments at 601 N Sherman Dr cost about 17% less than the average rent price for 3-bedroom apartments in Indianapolis.
Median rents as of Mar 14 2026.
Near Eastside
Indianapolis
| Month | Median Rent |
|---|---|
| March 2024 | $1,595 |
| 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 | $1,598 |
| February 2026 | $1,599 |
| March 2026 | $1,599 |
| Month | Median Rent |
|---|---|
| March 2024 | $1,150 |
| April 2024 | $1,224 |
| May 2024 | $1,349 |
| June 2024 | $1,415 |
| July 2024 | $1,440 |
| August 2024 | $1,428 |
| September 2024 | $1,285 |
| October 2024 | $1,243 |
| November 2024 | $1,339 |
| December 2024 | $1,334 |
| January 2025 | $1,350 |
| February 2025 | $1,337 |
| March 2025 | $1,375 |
| April 2025 | $1,371 |
| May 2025 | $1,391 |
| June 2025 | $1,398 |
| July 2025 | $1,381 |
| August 2025 | $1,292 |
| September 2025 | $1,346 |
| October 2025 | $1,355 |
| November 2025 | $1,379 |
| December 2025 | $1,399 |
| January 2026 | $1,437 |
| February 2026 | $1,488 |
| March 2026 | $1,461 |
Affordability calculator
Can I afford to live at 601 N Sherman Dr?
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
$48,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $48,000 annually to afford this 3-bedrooms monthly rent price of $1,200.
For more information on rent affordability, visit our rent calculator.
Schools near 601 N Sherman Dr
Ralph Waldo Emerson School No. 58
321 n linwood ave
indianapolis, IN, 46201
PK, K-6Public
C-
Family Development Services - Windsor Village East
5950 e 23rd st
indianapolis, IN, 46218
PKPublic
Frederick Douglass School 19
2020 dawson st
indianapolis, IN, 46203
PK, K-8Public
C-
Francis Bellamy Pre-School Center
9501 e 36th st
indianapolis, IN, 46236
PKPublic
Ips - Butler Lab at William Bell 60
3330 n pennsylvania
indianapolis, IN, 46205
PK, K-8Public
C+
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Internet available near 601 N Sherman Dr
Getting around Indianapolis near 601 N Sherman Dr
Walking
5/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
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 601 N Sherman Dr, Indianapolis
Groceries
6/10
At least one grocery store within a 15-minute walk
Shopping
5/10
Some shops within walking distance
Cafes
3/10
Few or no cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
7/10
At least one elementary school within a 20-minute walk
High schools
4/10
No high schools within a 30-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
3/10
Few or no bars within walking distance
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