Updated 2 Hours Ago
Location
614 N Colorado Ave, Indianapolis, IN 46201, USA|Near Eastside
Tour 614 N Colorado Ave
Contact
PMI Indianapolis
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Property Overview
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
More space
Great for
Pet owners
Amenities for 614 N Colorado Ave, Near Eastside
Services
| On-Site Management | 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
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
About 614 N Colorado Ave
Monthly Rent Breakdown: Total Estimated Monthly Rent: $1,239.99 Base Rent: $1,170.00 Resident Benefits Package (Required): $69.99 Shared Utility Charge: (Water, Sewer & Trash) $0.00 Parking Fee per car (If Applicable) $15/Car Additional Parking Pass Fee (If applicable) $125/yr Pet Rent (If applicable): $20 – $60/mo per pet Any utilities not included in the rent or shared with other units will need to be transferred to the tenant’s name. Move-In Costs & Security Deposit Section: (Leasing specials not yet applied, if applicable) Move-In Upfront Costs: $1,339.99 First Month’s Rent & RBP: $1,239.99 Prorated Utility Charge: Varies based on move-in date $0.00 Document Processing Fee: (one-time) $100.00 Non Refundable Pet Deposit (If applicable): one time $250.00 Security Deposit & Guarantor Coverage: Security deposit requirements vary based on screening results. Most fully approved applicants pay a cash deposit equal to one month’s rent, while conditionally approved applicants may qualify by purchasing a policy through TheGuarantors and paying an additional security deposit equal to half of the base rent. Enjoy comfortable living in this spacious 2-bedroom home at 614 N Colorado Ave, Indianapolis, featuring 1,736 sq. ft., 1.5 bathrooms, and plenty of room to relax or entertain. Conveniently located near local shops, restaurants, and entertainment, this charming home is ready for you to make it your own! No appliances included. A Rent Guarantee Policy from TheGuarantors is required for all applicants. Security deposit amounts vary based on credit and income. Applicants who do not meet the minimum credit score of 680 and income requirement of 3x the monthly rent may be required to pay a deposit equal to 2 months' rent. At Pmi, we strive to provide an experience that is cost-effective and convenient. That’s why we provide a Resident Benefits Package (rbp) to address common headaches for our residents. Our program handles insurance, pest control, air filter changes, utility set up, credit building, resident rewards, identity protection and more at a rate of $69.99/month, added to every property as a required program. More details upon application. *If you provide your own insurance policy, the Rbp cost will be reduced by the amount of the insurance premium billed by Second Nature Insurance Services (npn No. 20224621). By submitting your information on this page you consent to being contacted by the Property Manager and RentEngine via SMS, phone, or email.
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 614 N Colorado Ave, Indianapolis, IN 46201, USA compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 786 sqft larger than other listings nearby
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 2.0 miles away
Address details
| Neighborhood | Near Eastside |
|---|---|
| Zip code | 46201 |
| Type | House for rent |
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Rent trends in Near Eastside
2-bedroom apartments at 614 N Colorado Ave cost about 1% less than the average rent price for 2-bedroom apartments in Indianapolis.
Median rents as of Oct 31 2026.
Near Eastside
Indianapolis
| Month | Median Rent |
|---|---|
| November 2024 | $1,394 |
| 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 |
| September 2026 | $1,299 |
| October 2026 | $1,296 |
| Month | Median Rent |
|---|---|
| November 2024 | $1,090 |
| 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 |
| September 2026 | $1,131 |
| October 2026 | $1,157 |
Affordability calculator
Can I afford to live at 614 N Colorado 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
$46,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $46,800 annually to afford this 2-bedrooms monthly rent price of $1,170.
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 | |||||
|---|---|---|---|---|---|
| 2 Beds, 1 Bath | 9 months ago | $1,200 | 2 bed | 1.5 bath | |
| 10 months ago | $1,200 | 2 bed | 2 bath | ||
| 2 Beds, 1 Bath | 10 months ago | $1,170 | 2 bed | 1.5 bath | |
| 10 months ago | $1,170 | 2 bed | 1.5 bath | ||
| 2 Beds, 1 Bath | 11 months ago | $1,195 | 2 bed | 1.5 bath | |
| 2 Beds, 1 Bath | 11 months ago | $1,200 | 2 bed | 1.5 bath | |
| 2 Beds, 1 Bath | 4 years ago | $1,075 | 2 bed | 1.5 bath | |
| 2 Beds, 1 Bath | 5 years ago | $1,050 | 2 bed | 1.5 bath |
Schools near 614 N Colorado Ave
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
Indiana School for the Deaf
1200 e 42nd st
indianapolis, IN, 46205
PK, K-12Public
Getting around Indianapolis near 614 N Colorado Ave
Walking
5/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
4/10
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 614 N Colorado Ave, Indianapolis
Groceries
8/10
Wide variety of groceries within a few minutes' walk
Shopping
6/10
Variety of shops within a short drive
Cafes
4/10
Variety of cafés within a short drive
Restaurants
6/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
2/10
At least one high school within a 30-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
6/10
Wide variety of bars within a short drive, including some within walking distance
Other units at this address
614 N Colorado Ave, Indianapolis, IN
614 N Colorado Ave Indianapolis, IN
Occupied
2 Beds, 2 Baths
2 Beds
2 Baths
$1,200
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