Zumper
modified
Updated 5+ Days Ago

Highlights

  • Quiet neighborhood
  • High speed internet
  • Local parks

Location

Beech Grove, IN 46107, USA|Park Meadow
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Tour 51 - 53 N. 5th Ave.

Contact

Management

Intrigue Property Management

Leasing office

(317) 434-6992

Property Overview

51 - 53 N. 5th Ave. offers strong overall value with an 8.4 Zumper rating, excellent price score, and a prime location score that points to convenience and appeal. It also features a quiet neighborhood, high-speed internet, and nearby local parks, making it a practical choice for work-from-home living and everyday comfort.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.4
Very Good
With a solid 8.4 out of 10 overall, 51 - 53 N. 5th Ave. is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 51 - 53 N. 5th Ave. 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

Great for

  • Work-from-home

Floor plans

3BR/1.0BA3 bed1 bath1,095 sqft$1,299 /mo1 unit availableSign a Lease before 10/31/2026 and receive 1 month free with a fully executed 18 month or longer lease! Welcome to this charming, rent-ready home in the heart of Beech Grove! Nestled in a quiet, established neighborhood, this property offers the perfect blend of comfort and convenience. Enjoy easy access to local parks, schools, shopping, dining, and just a short drive to downtown Indianapolis. Inside, you'll find a welcoming layout with comfortable living spaces and plenty of natural light. Whether you're relaxing at home or exploring everything the area has to offer, this home is an excellent place to call your own. Don't miss this great opportunity to live in one of Beech Grove's most convenient locations! At Intrigue, we strive to provide an experience that is cost-effective and convenient. That’s why we provide a Resident Benefits Package (RBP) to address common headaches for our residents and provide must-have services for our renters. The Total Monthly Price includes rent, plus, pest control, air filter delivery, utility setup assistance, credit building and more at a rate of $39.95/month, required with the rental. Residents have the option to personalize some components during onboarding, which may increase or decrease the monthly amount. More details upon application. This home comes with high speed internet up to 1 Gig at an exclusive group rate of $64.45, and includes 24/7 premium support and setup to help get you connected at move-in.

Let's explore this property.

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

Units2
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About 51 - 53 N. 5th Ave.

HomeApartments in Beech GrovePark Meadow 51 - 53 N. 5th Ave.

Sign a Lease before 10/31/2026 and receive 1 month free with a fully executed 18 month or longer lease! Welcome to this charming, rent-ready home in the heart of Beech Grove! Nestled in a quiet, established neighborhood, this property offers the perfect blend of comfort and convenience. Enjoy easy access to local parks, schools, shopping, dining, and just a short drive to downtown Indianapolis. Inside, you'll find a welcoming layout with comfortable living spaces and plenty of natural light. Whether you're relaxing at home or exploring everything the area has to offer, this home is an excellent place to call your own. Don't miss this great opportunity to live in one of Beech Grove's most convenient locations! At Intrigue, we strive to provide an experience that is cost-effective and convenient. That’s why we provide a Resident Benefits Package (RBP) to address common headaches for our residents and provide must-have services for our renters. The Total Monthly Price includes rent, plus, pest control, air filter delivery, utility setup assistance, credit building and more at a rate of $39.95/month, required with the rental. Residents have the option to personalize some components during onboarding, which may increase or decrease the monthly amount. More details upon application. This home comes with high speed internet up to 1 Gig at an exclusive group rate of $64.45, and includes 24/7 premium support and setup to help get you connected at move-in.


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 Good
With a solid 8.4 out of 10 overall, 51 - 53 N. 5th Ave. is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 51 - 53 N. 5th Ave. 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 51 - 53 N. 5th Ave.
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.
51 - 53 N. 5th Ave. 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, 51 - 53 N. 5th Ave. 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.
51 - 53 N. 5th Ave. 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 51 - 53 N. 5th Ave. 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.

51 - 53 N. 5th Ave. is great for:

Work-from-home

  • High speed internet is an amenity
  • Large windows for natural lighting
  • Utilities included in the rent
  • Quiet environment with little noise pollution

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 51 - 53 N. 5th Ave. compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.2 miles away

Considerations

Lacks images
Fewer than 5 photos available for this property

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Rent trends in Park Meadow

3-bedroom apartments at 51 - 53 N. 5th Ave. cost about 9% less than the average rent price for 3-bedroom apartments in Park Meadow.

Median rents as of Oct 3 2026.
Park Meadow
Beech Grove
A table of 1-bedroom apartment rental data trends in Beech Grove
MonthMedian Rent
October 2024$907
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$904
October 2026$850
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 Beech Grove?

Bedrooms

3 bedrooms

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

$51,960/yr

With your selected rent-to-income ratio, you'd ideally want to make $51,960 annually to afford this 3-bedrooms monthly rent price of $1,299.
For more information on rent affordability, visit our rent calculator.

Schools near 51 - 53 N. 5th Ave.

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 51 - 53 N. 5th Ave.

Neighborhood

Park Meadow | Beech Grove, IN

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

Getting around IN 46107 near Beech Grove

Walking

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

Driving

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

Cycling

4/10
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 Beech Grove, IN 46107

Groceries

5/10
Variety of groceries within a short drive

Shopping

5/10
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

9/10
At least one elementary school within a 5-minute walk

High schools

7/10
At least one high school within a 15-minute walk

Parks

6/10
Large amount of park space nearby

Nightlife

4/10
Variety of bars within a short drive

Explore the area around Beech Grove

Walmart Supercenter
4650 S Emerson Ave
Walmart Neighborhood Market
3805 S Keystone Ave
Kroger
5350 E Thompson Rd
Shelby Food Mart
2944 Shelby St
Dinner Bell Markets Inc
2835 Shelby St

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