8 Hours Ago
Highlights
Pet Friendly
- Cozy retreat
- Convenient location
Location
Indianapolis, IN 46218, USA|Martindale - Brightwood
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Property Overview
1530 - 1532 N Sherman Dr is a cozy retreat in a convenient location, earning an overall expert rating of 8.3 out of 10 and placing in the 80th percentile for value for money in its area. With a perfect 10 out of 10 price rating, strong 8 out of 10 amenities score, and a 9 out of 10 location rating, it offers an attractive balance of cost, comfort, and accessibility. A 7 out of 10 trustworthiness rating reflects a transparent, detailed listing that helps renters understand what to expect.
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
Less expensive
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | $600 /mo | 1 unit available | Welcome to your charming new home, available to nurture your nesting instincts with style and convenience! Perfect for anyone seeking a cozy retreat, this studio apartment is designed to maximize space and comfort. With one well-appointed bathroom and thoughtful design elements, this residence offers the perfect blank canvas to express your personal style with a convenient location for highway access and surrounding parks, public transportation and more! Text or call to set up a showing today! |
Let's explore this property.
Amenities for 1530 - 1532 N Sherman Dr
Building
| Cats OK | Dogs 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
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
Building details
Property details
| Units | 2 |
|---|
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About 1530 - 1532 N Sherman Dr
Welcome to your charming new home, available to nurture your nesting instincts with style and convenience! Perfect for anyone seeking a cozy retreat, this studio apartment is designed to maximize space and comfort. With one well-appointed bathroom and thoughtful design elements, this residence offers the perfect blank canvas to express your personal style with a convenient location for highway access and surrounding parks, public transportation and more! Text or call to set up a showing today!
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, 1530 - 1532 N Sherman Dr is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 1530 - 1532 N Sherman Dr 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.
1530 - 1532 N Sherman Dr 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, 1530 - 1532 N Sherman Dr 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.
1530 - 1532 N Sherman Dr 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 1530 - 1532 N Sherman Dr 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.
1530 - 1532 N Sherman Dr 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.
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 1530 - 1532 N Sherman Dr compares to other nearby properties.
Positives
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
Considerations
- Greater distance from high schools
- The nearest high school is farther than 2 miles away
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
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Rent trends in Martindale - Brightwood
1-bedroom apartments at 1530 - 1532 N Sherman Dr cost about 32% less than the average rent price for 1-bedroom apartments in Martindale - Brightwood.
Median rents as of May 23 2026.
Martindale - Brightwood
Indianapolis
| Month | Median Rent |
|---|---|
| June 2024 | $1,185 |
| July 2024 | $1,091 |
| August 2024 | $1,047 |
| September 2024 | $1,090 |
| October 2024 | $1,131 |
| November 2024 | $1,126 |
| December 2024 | $1,105 |
| January 2025 | $1,194 |
| February 2025 | $1,191 |
| March 2025 | $1,151 |
| April 2025 | $1,121 |
| May 2025 | $1,139 |
| June 2025 | $1,158 |
| July 2025 | $1,185 |
| August 2025 | $1,178 |
| September 2025 | $1,065 |
| October 2025 | $1,063 |
| November 2025 | $1,048 |
| December 2025 | $1,029 |
| January 2026 | $1,039 |
| February 2026 | $1,034 |
| March 2026 | $1,004 |
| April 2026 | $955 |
| May 2026 | $951 |
| Month | Median Rent |
|---|---|
| June 2024 | $1,293 |
| July 2024 | $1,300 |
| August 2024 | $1,300 |
| September 2024 | $1,300 |
| October 2024 | $1,300 |
| November 2024 | $1,300 |
| December 2024 | $1,287 |
| January 2025 | $1,275 |
| February 2025 | $1,275 |
| March 2025 | $1,275 |
| April 2025 | $1,250 |
| May 2025 | $1,293 |
| June 2025 | $1,295 |
| July 2025 | $1,272 |
| August 2025 | $1,288 |
| September 2025 | $1,286 |
| October 2025 | $1,153 |
| November 2025 | $1,155 |
| December 2025 | $1,158 |
| January 2026 | $1,125 |
| February 2026 | $1,161 |
| March 2026 | $1,137 |
| April 2026 | $1,211 |
| May 2026 | $1,250 |
Affordability calculator
Can I afford to live at Indianapolis?
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
$24,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $24,000 annually to afford this 1-bedroom monthly rent price of $600.
For more information on rent affordability, visit our rent calculator.
Schools near 1530 - 1532 N Sherman Dr
James Russell Lowell School No. 51
3426 roosevelt ave
indianapolis, IN, 46218
PK, K-6Public
C-
Family Development Services - Windsor Village East
5950 e 23rd st
indianapolis, IN, 46218
PKPublic
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
Ips - Butler Lab at William Bell 60
3330 n pennsylvania
indianapolis, IN, 46205
PK, K-8Public
C+
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Internet available near 1530 - 1532 N Sherman Dr
Neighborhood
Martindale - Brightwood | Indianapolis, IN
Getting around IN 46218 near Indianapolis
Walking
4/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
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 Indianapolis, IN 46218
Groceries
8/10
At least one supermarket within a 15-minute walk
Shopping
4/10
Several shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
1/10
Few or no bars within walking distance
Explore the area around Indianapolis
Tonia's Market
4915 Punjab Dr
Safeway
2435 N Sherman Dr
Chuck's Market
5209 Massachusetts Ave
Rural Pantry
1856 N Rural St
Restaurant Depot
2120 Enterprise Park Dr
Limitless Addiction LLC
Family Dollar
3712 E 25th St
Dimples Clothing Store
2750 N Olney St
Family Dollar
2345 E 30th St
Sam's Sportswear
5454 E 21st St
Dunkin'
4404 E 10th St
Rabble Coffee
2119 E 10th St
Top Out Cafe
1411 Roosevelt Ave
Command Coffee
2910 N College Ave
Foundation Coffee Company
4565 Marcy Ln
Party-Pod
5230 E 26th St
The Famous Grand
5462 Massachusetts Ave
Shi-Kay Lounge
1514 N Emerson Ave
Point Two LLC
3344 N Arlington Ave
The Point Restaurant & Lounge
3344 N Arlington Ave
Mar-Lees Seafood
2365 Enterprise Park Pl
Nanas Cakes & Sweets
3136 N Tacoma Ave
Klosterman Baking Co
1433 N Sherman Dr
Panaderia Garcia LLC
1515 N Emerson Ave
Panaderia Oaxaquena Bakery
3617 E 10th St
Colorado and 29th Park
Playground
Brightwood Park
Pogue's Run Art and Nature Park
Oscar Charleston Park
Creation Bowtique
Grandmamas Soul Food Kitchen
3614 E 25th St
Taste This Fish LLC
3614 E 25th St
Stacey & Ricks Soul Food LLC
3339 N Sherman Dr
Stacey & Rick's
3399 N Sherman Dr
Sherman Dr / 28th St
East 25th St
Sherman Dr / 28th St
East 25th St
Sherman Dr / 25th St
East 25th St
30th St / Chester Ave
30th Street Crosstown
30th St / Chester Ave
30th Street Crosstown
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