Zumper
modified
2 Hours Ago

Location

440 Terrace Ave #1, Indianapolis, IN 46225, USA|Near Southside

Tour 440 Terrace Ave #1

Contact

Hanza Realty LLC

(844) 326-6607 ext. 6425

Amenities for 440 Terrace Ave #1, Near Southside

Apartment Amenities

Air ConditioningCentral Heat
HeatingKitchen Island
Laundry Hook Up

Appliances

DishwasherRange
Refrigerator

Building

Controlled AccessOnsite Laundry

Grounds

CourtyardGate
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
Advertisement

About 440 Terrace Ave #1

HomeHouses in IndianapolisNear Southside 440 Terrace Ave #1, Indianapolis, IN 46225, USA

Welcome to 440 Terrace Ave in the heart of Bates-Hendricks, one of Indianapolis's most walkable and vibrant neighborhoods. This 2-bedroom, 1-bath home features an open layout that offers flexibility for a variety of room configurations and design styles, making it easy to tailor the space to your lifestyle. The kitchen includes a central island with a convenient breakfast bar, a dishwasher, and flows seamlessly into the living area perfect for everyday living. Enjoy the comfort of central air conditioning and the privacy of a fully fenced backyard, ideal for relaxing, pets, or outdoor gatherings. Located just steps from neighborhood coffee shops, gyms, and local favorites, this home combines modern convenience with an unbeatable location. Reach out to us to set up a showing today! All individuals 18 years and older must submit a separate application. The application fee is $40 per person and is non-refundable. All applicants are also required to complete a third-party pet screening. Pet owners will pay $30 per pet, while households without pets must still complete the screening at no charge. All pets must be approved and, if accepted, will require a $200 non-refundable pet fee per pet and $40/month pet rent per pet. A $5/month credit reporting fee will be added to the rent. This service helps build your credit by reporting on-time rent payments to major credit bureaus a valuable way to strengthen your financial profile while renting.


Address details

NeighborhoodNear Southside
Zip code46225
TypeHouse for rent

Get the latest listings anytime, anywhere

Receive similar listings in the area, download our app, and more.
Email*
By clicking submit, I accept Zumper's Terms and Conditions, Privacy Policy, and Community Values.

Rent trends in Near Southside

2-bedroom apartments at 440 Terrace Ave #1 cost about 28% more than the average rent price for 2-bedroom apartments in Near Southside.

Median rents as of Jan 17 2026.
Near Southside
Indianapolis
A table of 2-bedroom apartment rental data trends in Indianapolis
MonthMedian Rent
February 2024$1,234
March 2024$1,311
April 2024$1,305
May 2024$1,349
June 2024$1,338
July 2024$1,380
August 2024$1,377
September 2024$1,384
October 2024$1,394
November 2024$1,392
December 2024$1,378
January 2025$1,389
February 2025$1,389
March 2025$1,333
April 2025$1,312
May 2025$1,322
June 2025$1,312
July 2025$1,298
August 2025$1,290
September 2025$1,266
October 2025$1,275
November 2025$1,275
December 2025$1,256
January 2026$1,250
A table of 2-bedroom apartment rental data trends in Near Southside
MonthMedian Rent
February 2024$1,080
March 2024$1,139
April 2024$1,297
May 2024$1,279
June 2024$1,185
July 2024$1,303
August 2024$1,317
September 2024$1,319
October 2024$1,411
November 2024$1,408
December 2024$1,316
January 2025$1,349
February 2025$1,378
March 2025$1,384
April 2025$1,337
May 2025$1,312
June 2025$1,134
July 2025$1,178
August 2025$1,154
September 2025$1,106
October 2025$1,170
November 2025$1,165
December 2025$1,212
January 2026$1,237

Affordability calculator

Can I afford to live at 440 Terrace Ave #1?

Bedrooms

2 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

$64,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $64,000 annually to afford this 2-bedrooms monthly rent price of $1,600.
For more information on rent affordability, visit our rent calculator.

Schools near 440 Terrace Ave #1

James A. Garfield School No. 31

307 lincoln st

indianapolis, IN, 46225

PK, K-8Public
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
Powered byniche.com
Advertisement

Internet available near 440 Terrace Ave #1

Neighborhood

Near Southside | Indianapolis, IN

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

Getting around Indianapolis near 440 Terrace Ave #1

Walking

6/10
Some shops and stores are within a few minutes.

Driving

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

Cycling

6/10
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 440 Terrace Ave #1, Indianapolis

Groceries

5/10
At least one supermarket within a 20-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

4/10
Some cafés within a few minutes’ walk

Restaurants

6/10
Variety of restaurants within a few minutes' walk

Primary schools

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

High schools

6/10
At least one high school within a 15-minute walk

Parks

6/10
Large amount of park space nearby

Nightlife

5/10
Some bars within a few minutes’ walk

Compare similar properties nearby

featured image of 3200 Dr Andrew J Brown Ave

The Domino

Our team has verified this company

Martindale - Brightwood • 3200 Dr Andrew J Brown Ave

1–2 Beds

$1,299–$2,000

dogs and cats ok
Yes
fitness center
Yes
on-site laundry
No
featured image of 6220 Guilford Ave

Versa

Our team has verified this company

Broad Ripple • 6220 Guilford Ave

1–2 Beds

$1,405–$2,339

dogs and cats ok
Yes
fitness center
Yes
on-site laundry
Yes
featured image of 421 N Pennsylvania St

Industry Indianapolis

Our team has verified this company

Downtown Indianapolis • 421 N Pennsylvania St

1–2 Beds

$1,370–$2,205

dogs and cats ok
Yes
fitness center
No
on-site laundry
No
featured image of 7601 Carlton Arms Dr

Lake Castleton Apartments

Our team has verified this company

I69-Fall Creek • 7601 Carlton Arms Dr

1–2 Beds

$896–$1,542

dogs and cats ok
Yes
fitness center
Yes
on-site laundry
Yes
featured image of 1545 Main St

Wilshaw

Our team has verified this company

Speedway • 1545 Main St

1–2 Beds

$1,409–$1,947

dogs and cats ok
Yes
fitness center
Yes
on-site laundry
Yes
featured image of 2910 White Knight Blvd

Country Lake Townhomes

Our team has verified this company

2910 White Knight Blvd

2–3 Beds

$1,375–$1,650

dogs and cats ok
Yes
fitness center
No
on-site laundry
No
featured image of 530 E Ohio St

Maxwell Apartments

Our team has verified this company

Downtown Indianapolis • 530 E Ohio St

1–2 Beds

$1,317–$1,686

dogs and cats ok
Yes
fitness center
Yes
on-site laundry
No
featured image of 6311 E Westfield Blvd

River House

Our team has verified this company

Broad Ripple • 6311 E Westfield Blvd

1–2 Beds

$1,147–$1,842

dogs and cats ok
Yes
fitness center
No
on-site laundry
No
featured image of 3200 Dr Andrew J Brown Ave

The Domino

Our team has verified this company

Martindale - Brightwood • 3200 Dr Andrew J Brown Ave

1–2 Beds

$1,299–$2,000

dogs and cats ok
Yes
fitness center
Yes
on-site laundry
No
featured image of 6220 Guilford Ave

Versa

Our team has verified this company

Broad Ripple • 6220 Guilford Ave

1–2 Beds

$1,405–$2,339

dogs and cats ok
Yes
fitness center
Yes
on-site laundry
Yes
featured image of 421 N Pennsylvania St

Industry Indianapolis

Our team has verified this company

Downtown Indianapolis • 421 N Pennsylvania St

1–2 Beds

$1,370–$2,205

dogs and cats ok
Yes
fitness center
No
on-site laundry
No
featured image of 7601 Carlton Arms Dr

Lake Castleton Apartments

Our team has verified this company

I69-Fall Creek • 7601 Carlton Arms Dr

1–2 Beds

$896–$1,542

dogs and cats ok
Yes
fitness center
Yes
on-site laundry
Yes
featured image of 1545 Main St

Wilshaw

Our team has verified this company

Speedway • 1545 Main St

1–2 Beds

$1,409–$1,947

dogs and cats ok
Yes
fitness center
Yes
on-site laundry
Yes
featured image of 2910 White Knight Blvd

Country Lake Townhomes

Our team has verified this company

2910 White Knight Blvd

2–3 Beds

$1,375–$1,650

dogs and cats ok
Yes
fitness center
No
on-site laundry
No
featured image of 530 E Ohio St

Maxwell Apartments

Our team has verified this company

Downtown Indianapolis • 530 E Ohio St

1–2 Beds

$1,317–$1,686

dogs and cats ok
Yes
fitness center
Yes
on-site laundry
No
featured image of 6311 E Westfield Blvd

River House

Our team has verified this company

Broad Ripple • 6311 E Westfield Blvd

1–2 Beds

$1,147–$1,842

dogs and cats ok
Yes
fitness center
No
on-site laundry
No

Check availability

Full name*
Move-in date
By sending this inquiry, I accept Zumper's Terms and Conditions, Privacy Policy, and Community Values. By providing my phone number, I consent (not a condition of purchase) to be called and texted by 440 Terrace Ave #1, Indianapolis, IN 46225, USA.