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Updated 2 Days Ago

Location

1020 W 5th St, Anderson, IN 46016, USA
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Contact

Management

IndiCali Anderson Indiana

Leasing office

(317) 766-0641

Property Overview

1020 West 5th Street earns a strong overall rating, with especially high marks for price, amenities, and location, suggesting solid value and everyday convenience. It also stands out for nearby pet resources, while the listed grocery access and middle school distance may be worth considering when evaluating the area.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.5
Very Good
With a solid 8.5 out of 10 overall, 1020 West 5th Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 1020 West 5th Street has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Middle school nearby

Great for

  • Pet owners

Floor plans

1BR/1.0BA1 bed1 bath550 sqft$700 /mo1 unit availableThis unit is a studio apartment with a large bathroom. This apartment has new paint and carpet with a large kitchen. This is located on the ground level. All utilities are included in the rent for only $700 a month. Don't miss out on this Deal! Please fill out our free application at: www indicalirentals com

Let's explore this property.

Amenities for 1020 West 5th Street

Apartment Amenities

All Utilites IncludedUtilities Included

Appliances

RangeRefrigerator
Stove

Building

Cats OK
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

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units5

About 1020 West 5th Street

HomeApartments in Anderson 1020 West 5th Street

One bedroom, one bathroom upstairs unit.


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.
8.5
/10
Very Good
With a solid 8.5 out of 10 overall, 1020 West 5th Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 1020 West 5th Street has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 1020 West 5th Street
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.
1020 West 5th Street 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·9A 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.
1020 West 5th Street goes above and beyond to provide sought-after conveniences and desirable perks, including cats allowed. Renters looking for popular or luxurious features will find them here—and for that reason, 1020 West 5th Street receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
1020 West 5th Street 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 1020 West 5th Street does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A 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.
1020 West 5th Street provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

1020 West 5th Street is great for:

Pet owners

  • 1 dog park within 1 mile
  • 1 pet supply store near the property

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 1020 West 5th Street compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 1.6 miles away

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 1.8 miles away
Greater distance from high schools
The nearest high school is farther than 3.1 miles away
Lacks images
Fewer than 5 photos available for this property

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Rent trends in Anderson

1-bedroom apartments at 1020 West 5th Street cost about 10% less than the average rent price for 1-bedroom apartments in Anderson.

Median rents as of Oct 31 2026.
Anderson
A table of studio rental data trends in Anderson
MonthMedian Rent
December 2024$604
January 2025$640
February 2025$575
March 2025$515
April 2025$579
May 2025$614
June 2025$595
August 2025$600
September 2025$600
October 2025$600
November 2025$600
December 2025$650
January 2026$625
February 2026$621
March 2026$612
April 2026$612
May 2026$595
June 2026$581
July 2026$593
August 2026$600
September 2026$600
October 2026$719

Affordability calculator

Can I afford to live at 1020 W 5th St?

Bedrooms

1 bedroom

Rent-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

$28,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $28,000 annually to afford this 1-bedroom monthly rent price of $700.
For more information on rent affordability, visit our rent calculator.

Schools near 1020 West 5th Street

Eastside Elementary School

844 n scatterfield rd

anderson, IN, 46012

K-4Public
C+

Southview Preschool Center

4500 main st

anderson, IN, 46013

PKPublic

Southeastern Elementary School

12500 cyntheanne rd

fishers, IN, 46037

PK, K-4Public
A

Burris Laboratory School

2000 university ave

muncie, IN, 47306

K-12Public
A-

Mt Vernon Early Learning Academy

1806 w sr 234

fortville, IN, 46040

PKPublic
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Getting around Anderson near 1020 W 5th St

Walking

4/10
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.

Points of interest for 1020 W 5th St, Anderson

Groceries

6/10
Wide variety of groceries within a short drive, including some within walking distance

Shopping

4/10
Variety of shops within a short drive

Cafes

3/10
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

Nightlife

4/10
Some bars within a short drive

Explore the area around 1020 W 5th St

Harvest Supermarkets Inc
915 Jackson St
Pay Less Super Markets
3050 Meridian St
Harvest Supermarket
806 S Scatterfield Rd
Pay Less Super Markets
1845 N Scatterfield Rd
El Compadre Supermarket
3724 Columbus Ave

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