5+ Days Ago
Location
409 N Gray St, Indianapolis, IN 46201, USA|Near Eastside
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Property Overview
409 N Gray St features a cozy and modern living space complemented by a high Zumper expert rating of 8.4 out of 10, making it a strong choice for renters. With a competitive price rating of 10, excellent amenities at 8, and a prime location rated at 9, this property offers great value and convenience. Additionally, it demonstrates strong trustworthiness with a rating of 8, providing transparency and a clear understanding 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
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 700 sqft | $800 /mo | 1 unit available | Welcome to 409 N Gray St in Indianapolis, IN! This newly remodeled Duplex offers a cozy and modern living space with one bedroom and one full bath. The unit comes equipped with a fridge and stove, making meal preparation a breeze. Located in a convenient area, this Duplex is perfect for those looking for a comfortable and functional living space. Don't miss out on the opportunity to make this duplex your new home! |
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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Building details
Property details
| Units | 2 |
|---|
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About 409 N Gray St
Welcome to 409 N Gray St in Indianapolis, IN! This newly remodeled Duplex offers a cozy and modern living space with one bedroom and one full bath. The unit comes equipped with a fridge and stove, making meal preparation a breeze. Located in a convenient area, this Duplex is perfect for those looking for a comfortable and functional living space. Don't miss out on the opportunity to make this duplex your new home!
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, 409 N Gray St is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 409 N Gray St 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.
409 N Gray St 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, 409 N Gray St 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.
409 N Gray St 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 409 N Gray St 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 409 N Gray St compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.3 mile away
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
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Rent trends in Near Eastside
1-bedroom apartments at 409 N Gray St cost about the same as the average rent price for 1-bedroom apartments in Near Eastside.
Median rents as of Jan 24 2026.
Near Eastside
Indianapolis
| Month | Median Rent |
|---|---|
| February 2024 | $908 |
| March 2024 | $1,040 |
| April 2024 | $1,074 |
| May 2024 | $1,117 |
| June 2024 | $1,171 |
| 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 | $1,035 |
| Month | Median Rent |
|---|---|
| February 2024 | $919 |
| March 2024 | $866 |
| April 2024 | $804 |
| May 2024 | $716 |
| June 2024 | $688 |
| July 2024 | $647 |
| August 2024 | $789 |
| September 2024 | $992 |
| October 2024 | $957 |
| November 2024 | $984 |
| December 2024 | $774 |
| January 2025 | $742 |
| February 2025 | $630 |
| March 2025 | $1,199 |
| April 2025 | $1,049 |
| May 2025 | $1,199 |
| June 2025 | $1,149 |
| July 2025 | $1,199 |
| August 2025 | $1,008 |
| September 2025 | $690 |
| October 2025 | $696 |
| November 2025 | $953 |
| December 2025 | $908 |
| January 2026 | $945 |
Affordability calculator
Can I afford to live at 409 N Gray 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
$32,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $32,000 annually to afford this 1-bedroom monthly rent price of $800.
For more information on rent affordability, visit our rent calculator.
Schools near 409 N Gray St
Thomas D. Gregg School No. 15
2302 e michigan st
indianapolis, IN, 46201
PK, K-6Public
C-
Frederick Douglass School 19
2020 dawson st
indianapolis, IN, 46203
PK, K-8Public
C-
Ips - Butler Lab at William Bell 60
3330 n pennsylvania
indianapolis, IN, 46205
PK, K-8Public
C+
Francis Bellamy Pre-School Center
9501 e 36th st
indianapolis, IN, 46236
PKPublic
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Internet available near 409 N Gray St
Getting around Indianapolis near 409 N Gray St
Walking
6/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
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 409 N Gray St, Indianapolis
Groceries
7/10
At least one supermarket within a 15-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
3/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Parks
5/10
Moderate amount of park space nearby
Nightlife
4/10
Some bars within walking distance
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