4 Days Ago
Highlights
- Spacious apartment
- Spacious 2-bedroom apartment
- No smoking
Location
East Chicago, IN 46312, USA
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Property Overview
4515 Magoun Avenue-Basement is a spacious two-bedroom apartment that offers an excellent balance between price and value, earning a competitive price rating of 10 out of 10. With a notable location rating of 9 out of 10, residents enjoy convenient access to key amenities and nearby points of interest. The property also showcases a strong commitment to transparency, reflected in its trustworthiness rating of 8 out of 10, making it a prime choice for potential renters.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
High school nearby- Less expensive
Floor plans
| 4515 Magoun Avenue-Basement - B | 2 bed | 1 bath | $925 /mo | 1 unit available | REDUCED APPLICATION FEES! (limited time) Looking for your next home? Now's the perfect time to apply! Save money – Application fee was $55, now only $40! This spacious 2-bedroom, 1 bathroom apartment is now available in East Chicago for $925 per month! To inquire about this property please call/text Melaney at 219 335-2921 Key Features: * Tenant pays gas/electric * Included in rent water/sewer/trash * 2 bedroom, 1 bathroom * Requirements: * 3x the monthly rent amount required to qualify * Security deposit equal to 1 months rent with approved credit screening * Credit and criminal background screening * Renters insurance required * No evictions in the past 5 years * No smoking Application Process: * Application must be completed on our website at propertybossllc com * Application must be submitted prior to viewing. * Any application submitted outside of our business website will not be accepted. * Each adult (18+) is required to complete a rental application. Security Deposit Alternati |
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Policies and fees
Contact for more information on pet policy.
Building details
Property details
| Units | 1 |
|---|
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About 4515 Magoun Avenue-Basement
REDUCED APPLICATION FEES! (limited time) Looking for your next home? Now's the perfect time to apply! Save money – Application fee was $55, now only $40! This spacious 2-bedroom, 1 bathroom apartment is now available in East Chicago for $925 per month! To inquire about this property please call/text Melaney at 219 335-2921 Key Features: * Tenant pays gas/electric * Included in rent water/sewer/trash * 2 bedroom, 1 bathroom * Requirements: * 3x the monthly rent amount required to qualify * Security deposit equal to 1 months rent with approved credit screening * Credit and criminal background screening * Renters insurance required * No evictions in the past 5 years * No smoking Application Process: * Application must be completed on our website at propertybossllc com * Application must be submitted prior to viewing. * Any application submitted outside of our business website will not be accepted. * Each adult (18+) is required to complete a rental application. Security Deposit Alternative: Property Boss is proud to offer deposit-free living to qualified renters through Obligo! We understand that moving costs can add up, so we want to extend financial flexibility to our residents. Learn more about the benefits of deposit-free living with Obligo's brochure or on their website. https myobligo com faq ?for=renters To view our full list of applicant qualifications, to see more property details, to submit an application, & schedule a viewing for this property, please visit our website Propertybossllc com Rent is $925 per month, no hidden fees, minimum 12 month lease term, security deposit of one month's rent required.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.4
/10
Very GoodWith a solid 8.4 out of 10 overall, 4515 Magoun Avenue-Basement is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 4515 Magoun Avenue-Basement has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
4515 Magoun Avenue-Basement offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 4515 Magoun Avenue-Basement is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
4515 Magoun Avenue-Basement is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 4515 Magoun Avenue-Basement does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
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 4515 Magoun Avenue-Basement compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.3 mile away
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
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Rent trends in East Chicago
2-bedroom apartments at 4515 Magoun Avenue-Basement cost about 16% less than the average rent price for 2-bedroom apartments in East Chicago.
Median rents as of Sep 13 2025.
East Chicago
| Month | Median Rent |
|---|---|
| March 2024 | $550 |
| May 2025 | $800 |
| June 2025 | $800 |
| July 2025 | $800 |
| September 2025 | $800 |
Affordability calculator
Can I afford to live at East Chicago?
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
$37,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $37,000 annually to afford this 2-bedrooms monthly rent price of $925.
For more information on rent affordability, visit our rent calculator.
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Internet available near 4515 Magoun Avenue-Basement
Getting around IN 46312 near East Chicago
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
10/10
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 East Chicago, IN 46312
Groceries
2/10
Closest supermarket further than a 30-minute walk
Shopping
2/10
Few or no shops within walking distance
Cafes
2/10
Some cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
5/10
At least one elementary school within a 20-minute walk
High schools
1/10
Closest high school further than a 30-minute walk
Parks
6/10
Large amount of park space nearby
Nightlife
2/10
Some bars within walking distance
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