Updated 2 Days Ago
Location
1020 W 5th St, Anderson, IN 46016, USA
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Property Overview
1020 West 5th Street offers strong value with an 8.3 Zumper expert rating, supported by standout scores for price, amenities, and location, plus a solid trustworthiness rating. It may appeal to renters looking for convenience and pet-friendly surroundings, with nearby pet services, a grocery store within a reasonable drive, and access to a top-rated middle school nearby.
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.
Things you’ll love
Middle school nearby
Great for
Pet owners
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 550 sqft | $700 /mo | 1 unit available | This 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 |
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Amenities for 1020 West 5th Street
Apartment Amenities
| All Utilites Included | Utilities Included |
Appliances
| Range | Refrigerator |
| 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
| Units | 5 |
|---|
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About 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.
8.3
/10
Very GoodWith a solid 8.3 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.
Price·9A 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 stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
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:
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 2 miles away
Considerations
- Greater distance from high schools
- The nearest high school is farther than 3 miles away
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Anderson
1-bedroom apartments at 1020 West 5th Street cost about 7% less than the average rent price for 1-bedroom apartments in Anderson.
Median rents as of Aug 1 2026.
Anderson
| Month | Median Rent |
|---|---|
| November 2024 | $750 |
| 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 |
Affordability calculator
Can I afford to live at 1020 W 5th St?
Bedrooms
1 bedroomRent-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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Internet available near 1020 West 5th Street
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
3/10
Some 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
6/10
At least one high school within a 15-minute walk
Nightlife
4/10
Some bars within a short drive
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