5+ Days Ago
Highlights
- Contemporary design
- Comfortable living space
- Luxury vinyl plank flooring
Location
740 W 5th St, Marion, IN 46953, USA
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Property Overview
740 West 5th Street receives a strong overall Zumper expert rating of 8 out of 10, emphasizing its standout value based on competitive pricing, impressive amenities, and prime location. The property features contemporary design elements, comfortable living spaces, and luxury vinyl plank flooring, contributing to its appeal. Additionally, it ranks in the 100th percentile for value per square foot, highlighting its exceptional standing within the local market and giving potential renters a clear understanding of its advantages.
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
More space- Elementary school nearby
Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | 1,500 sqft | $695 /mo | 1 unit available | Introducing our newly renovated 2 bedroom 1 bath apartment located in Marion, IN. This modern unit features energy efficient heating/air units, luxury vinyl plank flooring, and a gas stove for all your cooking needs. With a sleek and contemporary design, this apartment offers a comfortable and stylish living space. Don't miss out on the opportunity to make this apartment your new home. Contact us today to schedule a tour! |
Let's explore this property.
Amenities for 740 West 5th Street
Apartment Amenities
| Luxury Vinyl Plank Flooring |
Appliances
| Gas Range | Range |
| Refrigerator |
Other
| Tenant Pays Directly to Electric Company |
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
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Units | 4 |
|---|
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About 740 West 5th Street
Introducing our newly renovated 2 bedroom 1 bath apartment located in Marion, IN. This modern unit features energy efficient heating/air units, luxury vinyl plank flooring, and a gas stove for all your cooking needs. With a sleek and contemporary design, this apartment offers a comfortable and stylish living space. Don't miss out on the opportunity to make this apartment your new home. Contact us today to schedule a tour!
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.
8.0
/10
Very GoodWith a solid 8 out of 10 overall, 740 West 5th Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 740 West 5th Street has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
Price·8A 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.
Scoring a 8/10, 740 West 5th Street is a great option for renters looking for apartments in this neighborhood. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
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.
740 West 5th Street goes above and beyond to provide sought-after conveniences and desirable perks, including gas range. Renters looking for popular or luxurious features will find them here—and for that reason, 740 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.
740 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 740 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·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 740 West 5th Street compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 508 sqft larger than other listings nearby
- Elementary school nearby
- There is an elementary school 1 mile away
Considerations
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Marion
2-bedroom apartments at 740 West 5th Street cost about 26% less than the average rent price for 2-bedroom apartments in Marion.
Median rents as of Mar 14 2026.
Marion
| Month | Median Rent |
|---|---|
| March 2024 | $600 |
| April 2024 | $600 |
| November 2024 | $550 |
| December 2025 | $561 |
| January 2026 | $549 |
| February 2026 | $549 |
| March 2026 | $549 |
Affordability calculator
Can I afford to live at 740 W 5th St?
Bedrooms
2 bedroomsRent-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
$27,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $27,800 annually to afford this 2-bedrooms monthly rent price of $695.
For more information on rent affordability, visit our rent calculator.
Schools near 740 West 5th Street
Riverview Elementary School
513 w buckingham dr
marion, IN, 46952
PK, K-4Public
B-
Virtual Preparatory Academy of Indiana at Madison-Grant K-5
11580 s e 00 w
fairmount, IN, 46928
K-5Public
C
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Internet available near 740 West 5th Street
Getting around Marion near 740 W 5th St
Walking
4/10
Some shops and stores are within a few minutes.
Driving
6/10
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.
Points of interest for 740 W 5th St, Marion
Groceries
4/10
At least one grocery store within a 30-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
4/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
3/10
No elementary schools within a 30-minute walk
High schools
5/10
At least one high school within a 30-minute walk
Nightlife
3/10
Few or no bars within walking distance
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