Zumper
modified
Updated 5+ Days Ago

Highlights

  • Additional storage
  • Central ac
  • Gas heat
  • Residential neighborhood
  • Convenient heating and cooling systems

Location

230 S 5th Ave, Beech Grove, IN 46107, USA|Park Meadow
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Management

Dorfman Property Management

Leasing office

(317) 634-5955

Property Overview

5th 230-232 earns a strong overall rating, with especially high marks for price, amenities, and location. It offers convenient features like central AC, gas heat, additional storage, and a residential neighborhood setting, while also sitting within a reasonable distance of public transit and a top-rated high school.

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.

Zumper Expert Rating

8.3
Very Good
With a solid 8.3 out of 10 overall, 5th 230-232 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 5th 230-232 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

  • High school nearby

Floor plans

1BR/1.0BA1 bed1 bath600 sqft$995 /mo1 unit availableDiscover this 1 BR Beech Grove duplex offering a single-bedroom, one-bath layout in Beech Grove, IN. The unit includes gas heat, air conditioning, a stove for meal preparation, and a basement for additional storage.

Let's explore this property.

Amenities for 5th 230-232

Apartment Amenities

Air ConditioningDuplex
Gas Heat

Appliances

RangeStove

Building

Basement
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
Building details

Property details

Units2
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About 5th 230-232

HomeApartments in Beech GrovePark Meadow 5th 230-232

Discover this 1 BR Beech Grove duplex offering a single-bedroom, one-bath layout in Beech Grove, IN. The unit includes gas heat, air conditioning, a stove for meal preparation, and a basement for additional storage.


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 Good
With a solid 8.3 out of 10 overall, 5th 230-232 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 5th 230-232 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 5th 230-232
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.
5th 230-232 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.
5th 230-232 goes above and beyond to provide sought-after conveniences and desirable perks, including basement. Renters looking for popular or luxurious features will find them here—and for that reason, 5th 230-232 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.
5th 230-232 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 5th 230-232 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.
5th 230-232 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 5th 230-232 compares to other nearby properties.

Positives

High school nearby
There is a high school 1 mile away

Considerations

Greater distance from middle schools
The nearest middle school is farther than 1 mile away
Lacks images
Fewer than 10 photos available for this location

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Rent trends in Park Meadow

1-bedroom apartments at 5th 230-232 cost about 17% more than the average rent price for 1-bedroom apartments in Park Meadow.

Median rents as of Sep 12 2026.
Park Meadow
Beech Grove
A table of 1-bedroom apartment rental data trends in Beech Grove
MonthMedian Rent
September 2024$870
October 2024$935
November 2024$846
December 2024$944
January 2025$995
February 2025$1,016
March 2025$1,039
April 2025$1,007
May 2025$967
June 2025$975
August 2025$878
September 2025$908
October 2025$917
November 2025$972
December 2025$1,138
January 2026$1,138
February 2026$1,239
March 2026$1,032
April 2026$949
May 2026$930
June 2026$900
July 2026$862
August 2026$864
September 2026$923
A table of 1-bedroom apartment rental data trends in Park Meadow
MonthMedian Rent
December 2025$1,375
January 2026$1,375
February 2026$1,375
March 2026$1,185
April 2026$1,137
May 2026$900
June 2026$850
July 2026$850

Affordability calculator

Can I afford to live at 230 S 5th Ave?

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

$39,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $39,800 annually to afford this 1-bedroom monthly rent price of $995.
For more information on rent affordability, visit our rent calculator.

Schools near 5th 230-232

Central Elementary School

1000 main st

beech grove, IN, 46107

2-3Public
C+

South Grove Intermediate School

851 s 9th ave

beech grove, IN, 46107

4-6Public
C+

Hornet Park Elementary School

5249 hornet ave

beech grove, IN, 46107

PK, K-1Public
B+

Rise Learning Center

5391 s shelby st

indianapolis, IN, 46227

PK, K-12Public

Family Development Services - Southeast Head Start

4024 south madison ave

indianapolis, IN, 46227

PKPublic
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Internet available near 5th 230-232

Neighborhood

Park Meadow | Beech Grove, IN

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Beech Grove near 230 S 5th Ave

Walking

4/10
Some shops and stores are within a few minutes.

Driving

8/10
This area is close to freeways and has adequate parking options.

Cycling

3/10
This is semi-bikeable, but you’ll need another way of getting around.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 230 S 5th Ave, Beech Grove

Groceries

5/10
Variety of groceries within a short drive

Shopping

4/10
Variety of shops within a short drive

Cafes

4/10
Variety of cafés within a short drive

Restaurants

6/10
Variety of restaurants within a short drive

Primary schools

8/10
At least one elementary school within a 15-minute walk

High schools

4/10
At least one high school within a 20-minute walk

Parks

6/10
Moderate amount of park space nearby

Nightlife

5/10
Variety of bars within a short drive

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