Updated 9 Hours Ago
Highlights
Pet Friendly
Location
6240 Norwaldo Ave, Indianapolis, IN 46220, USA|Broad Ripple
Tour 6240 Norwaldo Ave
Contact
Hoosier Homes Management
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Property Overview
6240 Norwaldo Ave offers a mix of practical benefits and appealing features, with strengths that may include a convenient location, well-kept characteristics, and overall livability. It may appeal to buyers looking for a home with balanced value, useful amenities, and details that stand out in a straightforward way.
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- Balcony
- Extra storage
Great for
Pet owners
Amenities for 6240 Norwaldo Ave, Broad Ripple
Features
| Ceiling Fan | Deck |
| Patio |
Appliances
| In-Unit Laundry |
Community
| Cats OK | Dogs OK |
| Onsite Laundry |
Grounds
| Outdoor Space | Storage |
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
Cat Policy
Allowed
Large Dog Policy
Allowed
Other Policy
Allowed
Small Dog Policy
Allowed
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
About 6240 Norwaldo Ave
This beautiful, pet-friendly single-family home at 6240 Norwaldo Avenue in Indianapolis’s vibrant Broad Ripple neighborhood (46220) balances classic neighborhood charm with modern convenience. Offering an exceptional layout and an excellent location, this property highlights premium living spaces designed for comfort. Charming 3-Bedroom Home in the Heart of Broad Ripple Property Layout: • Bedrooms: 3 comfortable bedrooms • Bathrooms: 1 well-appointed bathroom • Property Type: Single-family home Interior Comforts & Features: • Classic Charm: Features a beautiful built-in bookshelf, adding both functional storage and timeless architectural character to the living space. • Fully Equipped Kitchen: Comes ready for home-cooked meals with an included refrigerator, stove, dishwasher, and garbage disposal. • In-Home Laundry: Skip the laundromat with an included washer and dryer setup. • Ceiling Fans: Distributed throughout the home to maximize airflow and comfort. Outdoor Living & Storage: • Fenced Yard: Enjoy privacy and security in a fully fenced backyard, perfect for relaxing with your pets. • Private Deck: A spacious back deck offers an ideal setting for outdoor dining or entertaining. • Storage Shed: Keep seasonal gear organized and out of sight with a convenient detached storage shed. Neighborhood & Nearby Parks: Situated in the highly walkable 46220 zip code, this home puts you minutes from the premier dining, local boutiques, and nightlife options of Broad Ripple Village. Commuting is easy with quick access to Keystone Avenue and downtown Indianapolis. • Broad Ripple Park: Located just a 5-minute drive away, this 62-acre park borders the White River and features walking paths, sports fields, a community center, and a premier off-leash dog park. • The Monon Trail: Only minutes away, this famous multi-use trail connects you seamlessly to miles of scenic biking, running, and walking paths stretching from downtown Indy up to Carmel. • Dan Wakefield Park: A short neighborhood stroll brings you to this local park, which features a playground, shaded toddler areas, tennis/pickleball courts, and a summer splash pad. Lease, Fees, & Financial Details: • Monthly Rent: $1,750 • Utilities: Tenant is responsible for all utilities. • Lease Fee: $300 tenant lease administration fee due at signing. • Pet Policy: Pet Friendly! Dogs and cats welcome. Requires a $450 non-refundable pet deposit and a $45 monthly pet fee per pet. • Resident Benefits Package ($50/month): All residents are enrolled in a comprehensive benefit package that includes Renter's Insurance, furnace filter delivery directly to your door, identity protection tracking, resident rewards for on-time payments, and proactive pest control management. Minimum Rental Requirements: Please review our criteria before applying. Applicants must meet the following standards: • Credit Score: 600+ required. • Income: Gross monthly income must be at least 3x the monthly rent. • Rental History: No history of evictions or bankruptcies. • Background: Must pass a clean background check. AMENITIES: * garbage disposal * stove * refrigerator * Dishwasher * Backyard Deck * fenced backyard space * washer and dryer * Storage Shed * Ceiling Fan 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 6240 Norwaldo Ave compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.3 miles away
- Balcony
- Easy access to the outdoors
- Extra storage
- In-unit features
- Images Available
- There are at least 10 photos of this property
- Laundry available on site
- Washers and dryers are available in-building
- Package service
- More secure storage for delivery
Considerations
- Distance from transit
- More than 1.7 miles from public transportation
Address details
| Neighborhood | Broad Ripple |
|---|---|
| Zip code | 46220 |
| Type | House for rent |
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Rent trends in Broad Ripple
3-bedroom apartments at 6240 Norwaldo Ave cost about 1% less than the average rent price for 3-bedroom apartments in Indianapolis.
Median rents as of Nov 7 2026.
Broad Ripple
Indianapolis
| Month | Median Rent |
|---|---|
| November 2024 | $1,592 |
| 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 |
| April 2026 | $1,600 |
| May 2026 | $1,635 |
| June 2026 | $1,647 |
| July 2026 | $1,647 |
| August 2026 | $1,620 |
| September 2026 | $1,618 |
| October 2026 | $1,647 |
| November 2026 | $1,650 |
| Month | Median Rent |
|---|---|
| January 2025 | $2,199 |
| February 2025 | $2,295 |
| March 2025 | $2,188 |
| April 2025 | $2,097 |
| May 2025 | $2,148 |
| June 2025 | $2,298 |
| July 2025 | $2,217 |
| August 2025 | $2,319 |
| September 2025 | $2,132 |
| October 2025 | $2,053 |
| November 2025 | $2,178 |
| December 2025 | $2,249 |
| January 2026 | $2,339 |
| February 2026 | $2,302 |
| March 2026 | $2,304 |
| April 2026 | $2,074 |
| May 2026 | $2,045 |
| June 2026 | $2,187 |
| July 2026 | $2,150 |
| August 2026 | $2,114 |
| September 2026 | $1,967 |
| October 2026 | $1,899 |
| November 2026 | $1,775 |
Affordability calculator
Can I afford to live at 6240 Norwaldo Ave?
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
$70,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $70,000 annually to afford this 3-bedrooms monthly rent price of $1,750.
For more information on rent affordability, visit our rent calculator.
Schools near 6240 Norwaldo Ave
Ips/Butler Lab at Eliza Blaker 55
1349 e 54th st
indianapolis, IN, 46220
PK, K-8Public
C
Indiana School for the Blind and Visually Impaired
7725 n college ave
indianapolis, IN, 46240
PK, K-12Public
C-
Center for Inquiry School 70
510 east 46th st
indianapolis, IN, 46205
K-8Public
B
Clearwater Elementary School
3575 e 79th st
indianapolis, IN, 46240
K-5Public
A-
Indiana School for the Deaf
1200 e 42nd st
indianapolis, IN, 46205
PK, K-12Public
Getting around Indianapolis near 6240 Norwaldo Ave
Walking
6/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 6240 Norwaldo Ave, Indianapolis
Groceries
5/10
At least one grocery store within a 30-minute walk
Shopping
5/10
Variety of shops within walking distance
Cafes
4/10
Some cafés within walking distance
Restaurants
6/10
Some restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 20-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
4/10
Few or no bars within walking distance
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