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Location

3437 N Sherman Dr #1, Indianapolis, IN 46218, USA|Forest Manor

Tour 3437 N Sherman Dr #1

Contact

Indy City PM

(614) 721-9217

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Applicants

One-time.

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REQUIRED FEES

Security Deposit

One-time. Refundable.

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About 3437 N Sherman Dr #1

HomeHouses in IndianapolisForest Manor 3437 N Sherman Dr #1, Indianapolis, IN 46218, USA

Winter leasing special: No application fee for applications submitted in February. Limited time. Welcome home to 3437 North Sherman Drive – a bright and updated 3 bedroom, 1 bathroom two-story home in Indianapolis! This home offers approximately 999 square feet of living space and features great natural light throughout. Inside, you'll find updated laminate flooring and a modern, updated kitchen and bathroom that give the home a clean, refreshed feel. The covered front porch adds charm and provides a welcoming outdoor space to relax. With a functional two-story layout and comfortable living areas, this home is move-in ready and easy to maintain. Features: • 3 bedrooms / 1 bathroom • Approximately 999 sq ft of living space • Two-story home • Updated modern kitchen and bathroom • Laminate flooring throughout • Great natural lighting • Covered front porch • Washer and dryer hookups in the home • Stove and fridge installed after lease signing • Located in Indianapolis • 2-year lease Schedule your convenient self-guided tour today! Call or text Vienna with questions or to set up a tour! Visit us online at indycityrents. com Property address: 3437 North Sherman Drive, Indianapolis, IN Rental Requirements: • Net monthly income must be at least 3x the rent • Good rental history preferred • We handle credit and criminal background checks on a case-by-case basis • No evictions in the past 3 years • Tenant is responsible for lawn maintenance and all utilities • Pet friendly – breed restrictions apply - $250 pet fee per pet - $50/month pet rent per pet • Security deposit may vary • Apply online at indycityrents. com Avoid rental scams! We will never ask you to wire funds or send gift cards. Always verify listings on our official website – indycityrents com


Address details

NeighborhoodForest Manor
Zip code46218
TypeHouse for rent

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Rent trends in Forest Manor

3-bedroom apartments at 3437 N Sherman Dr #1 cost about 15% more than the average rent price for 3-bedroom apartments in Forest Manor.

Median rents as of Jan 31 2026.
Forest Manor
Indianapolis
A table of 3-bedroom apartment rental data trends in Indianapolis
MonthMedian Rent
February 2024$1,547
March 2024$1,578
April 2024$1,598
May 2024$1,619
June 2024$1,628
July 2024$1,637
August 2024$1,618
September 2024$1,598
October 2024$1,611
November 2024$1,595
December 2024$1,586
January 2025$1,596
February 2025$1,605
March 2025$1,655
April 2025$1,680
May 2025$1,697
June 2025$1,695
July 2025$1,652
August 2025$1,609
September 2025$1,599
October 2025$1,598
November 2025$1,581
December 2025$1,585
January 2026$1,598
A table of 3-bedroom apartment rental data trends in Forest Manor
MonthMedian Rent
November 2024$1,145
December 2024$1,145
January 2025$1,145
September 2025$1,359
October 2025$1,395

Affordability calculator

Can I afford to live at 3437 N Sherman Dr #1?

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

$64,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $64,000 annually to afford this 3-bedrooms monthly rent price of $1,600.
For more information on rent affordability, visit our rent calculator.

Schools near 3437 N Sherman Dr #1

Francis Bellamy Pre-School Center

9501 e 36th st

indianapolis, IN, 46236

PKPublic

Ips - Butler Lab at William Bell 60

3330 n pennsylvania

indianapolis, IN, 46205

PK, K-8Public
C+

Frederick Douglass School 19

2020 dawson st

indianapolis, IN, 46203

PK, K-8Public
C-
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Internet available near 3437 N Sherman Dr #1

Neighborhood

Forest Manor | Indianapolis, IN

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

Getting around Indianapolis near 3437 N Sherman Dr #1

Walking

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

Driving

8/10
This area is close to freeways and has adequate parking options.

Cycling

4/10
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 3437 N Sherman Dr #1, Indianapolis

Groceries

4/10
At least one supermarket within a 20-minute walk

Shopping

4/10
Some shops within walking distance

Cafes

1/10
Few or no cafés within walking distance

Restaurants

4/10
Some restaurants within a few minutes’ walk

Primary schools

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

High schools

1/10
Closest high school further than a 30-minute walk

Parks

7/10
Large amount of park space nearby

Nightlife

1/10
Few or no bars within walking distance

Explore the area around 3437 N Sherman Dr #1

Save-A-Lot
2930 E 38th St
Oxford Food Mart
2901 E 38th St
Tonia's Market
4915 Punjab Dr
Safeway
2435 N Sherman Dr
Chuck's Market
5209 Massachusetts Ave

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