Zumper
modified
5+ Days Ago

Location

505 W Fourth St, Milford, IN 46542, USA
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Contact

Management

Assurance Property Management & Realty, Inc.

Leasing office

(574) 696-4108 ext. 2

Property Overview

Village on Fourth receives a robust Zumper Expert Rating of 8.3 out of 10, highlighting its excellent amenities, competitive pricing, and prime location, all rated at 9 out of 10. With transparency reflected in a trustworthiness rating of 7 out of 10, the property is positioned in a high-value percentile for price per square foot, and its proximity to a top-rated elementary school further enhances its appeal to renters seeking quality and convenience.

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, Village on Fourth is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Village on Fourth 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

  • Elementary school nearby
  • More space
  • Dishwasher

Floor plans

1BR/1.0BA1 bed1 bath535 sqft$1,150 /mo1 unit available

Let's explore this property.

Amenities for Village on Fourth

Apartment Amenities

Electric and Gas

Appliances

DishwasherMicrowave
RangeRefrigerator

Tech

Stove/Refrigerator

Building

Water/Sewer
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

Contact for more information on pet policy.

Building details

Property details

Units24
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About Village on Fourth

HomeApartments in Milford Village on Fourth

Village on Fourth cost $1,150 per month. Located at 505 W Fourth St, Milford, IN 46542, USA, Village on Fourth has 1 bedroom units available. Based on the average rent price of 1 bedroom in Milford, renting an apartment at Village on Fourth is 33% more expensive per month.Other apartment buildings in or around Milford include but are not limited to: 217 Stonewall Ct, 209 Stonewall Ct, 203 Stonewall Ct


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, Village on Fourth is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Village on Fourth 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 Village on Fourth
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.
Village on Fourth 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.
Village on Fourth goes above and beyond to provide sought-after conveniences and desirable perks, including stove/refrigerator. Renters looking for popular or luxurious features will find them here—and for that reason, Village on Fourth 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.
Village on Fourth 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 Village on Fourth 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.
Village on Fourth 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 Village on Fourth compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.2 mile away
More space
The 1-bedroom is 62 sqft larger than other listings nearby
Dishwasher
Dishwasher available in kitchen

Considerations

Fewer storage options
Limited cabinet or closet space
Lacks images
Fewer than 10 photos available for this location

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Rent trends in Milford

1-bedroom apartments at Village on Fourth cost about 33% more than the average rent price for 1-bedroom apartments in Milford.

Median rents as of Dec 2 2023.
Milford
A table of studio rental data trends in Milford
MonthMedian Rent
November 2023$850
December 2023$850

Affordability calculator

Can I afford to live at 505 W Fourth St?

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

$46,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $46,000 annually to afford this 1-bedroom monthly rent price of $1,150.
For more information on rent affordability, visit our rent calculator.

Schools near Village on Fourth

Milford School

110 s elm st

milford, IN, 46542

K-8Public
B-

Wawasee High School

1 warrior path - bldg 1

syracuse, IN, 46567

PK, 9-12Public
B-
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Internet available near Village on Fourth

Neighborhood

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

Getting around Milford near 505 W Fourth St

Walking

2/10
You’ll need another mode of transportation for getting around. Scooter, anyone?

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Points of interest for 505 W Fourth St, Milford

Groceries

0/10
No grocery stores within walking distance

Shopping

0/10
Few or no shops within walking distance

Cafes

5/10
Some cafés within walking distance

Restaurants

4/10
Some restaurants within walking distance

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

0/10
No high schools within a 30-minute walk

Nightlife

3/10
Few or no bars within walking distance

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