Monthly rent

$1,625

Beds

Baths

1.5

Sqft

1,248

Monthly rent	$1,625
Beds	4
Baths	1.5
Sqft	1,248

16 Hours Ago

Location

5120 Reeder St #1, Indianapolis, IN 46203, USA|Southeast Indianapolis

Tour 5120 Reeder St #1

Contact

Indy City PM

(614) 721-9217

About 5120 Reeder St #1

Important: For your security, all applications and leasing communication are handled only through our property management platform, via email at ****, or directly by phone/text with Vienna at 614-721-9217. Welcome home to 5120 Reeder Street – a beautifully updated 4 bedroom, 1.5 bathroom home with a fenced backyard and detached 2-car garage in Indianapolis. This home features a gorgeous updated interior including a modern kitchen and bathrooms, fresh paint, and durable laminate flooring throughout. The backyard offers a great outdoor space with a deck and swing set already in place, making it perfect for relaxing evenings or enjoying time outside. With its updated interior and strong outdoor features, this home offers both comfort and functionality and plenty of room to spread out. Features: • 4 bedrooms / 1.5 bathrooms • Approximately 1,248 sq ft • Updated kitchen and bathrooms • Laminate flooring throughout • Fresh interior paint • Fenced-in backyard • Back deck • Swing set in backyard • Detached 2-car garage • Washer and dryer hookups • Stove and fridge installed after lease signing • 2-year lease What We Look For in an Application: • Net monthly income must be at least 3x the rent • Stable rental history preferred • No evictions within the past 5 years • Credit and criminal background reviewed on a case-by-case basis Applications are reviewed and approved on a first-come, first-qualified basis. Schedule your convenient self-guided tour today! Self-guided tours are available daily so you can visit at a time that works best for you. Call or text Vienna with questions or to set up your tour. Visit us online at indycityrents. com Property address: 5120 Reeder Street, Indianapolis, IN 46203 Rental Requirements: • 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 To protect applicants from rental scams, always verify listings and submit applications only at indycityrents com

Neighborhood

Southeast Indianapolis

Zip code

46203

Type

House for rent

Rent trends in Southeast Indianapolis

4-bedroom apartments at 5120 Reeder St #1 cost about 2% more than the average rent price for 4-bedroom apartments in Southeast Indianapolis.

Median rents as of Mar 21 2026.

Southeast Indianapolis

Indianapolis

A table of 4-bedroom apartment rental data trends in Indianapolis
Month	Median Rent
April 2024	$1,810
May 2024	$1,877
June 2024	$1,870
July 2024	$1,838
August 2024	$1,861
September 2024	$1,852
October 2024	$1,853
November 2024	$1,810
December 2024	$1,816
January 2025	$1,854
February 2025	$1,885
March 2025	$1,942
April 2025	$1,993
May 2025	$2,025
June 2025	$2,040
July 2025	$1,984
August 2025	$1,900
September 2025	$1,894
October 2025	$1,885
November 2025	$1,810
December 2025	$1,820
January 2026	$1,842
February 2026	$1,868
March 2026	$1,925

A table of 4-bedroom apartment rental data trends in Southeast Indianapolis
Month	Median Rent
May 2024	$1,420
September 2024	$1,795
October 2024	$1,795
February 2025	$1,799
March 2025	$1,799
April 2025	$2,045
May 2025	$1,871
June 2025	$1,835
November 2025	$1,595
January 2026	$1,590

Affordability calculator

Can I afford to live at 5120 Reeder St #1?

Bedrooms

4+ 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

$65,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $65,000 annually to afford this 4-bedrooms monthly rent price of $1,625.

For more information on rent affordability, visit our rent calculator.

Schools near 5120 Reeder St #1

Getting around Indianapolis near 5120 Reeder St #1

Walking

4/10

Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

9/10

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

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 5120 Reeder St #1, Indianapolis

Groceries

1/10

Closest supermarket further than a 30-minute walk

Shopping

3/10

Some shops within walking distance

Cafes

2/10

Few or no cafés within walking distance

Restaurants

4/10

Some restaurants within walking distance

Primary schools

8/10

At least one elementary school within a 15-minute walk

High schools

8/10

At least one high school within a 15-minute walk

Parks

4/10

Moderate amount of park space nearby

Nightlife

1/10

Few or no bars within walking distance

Explore the area around 5120 Reeder St #1

Las Mexicanas Super Market

424 S Sherman Dr

Tyner Pond Farm Market

120 S Audubon Rd

2 Amigos

3150 Southeastern Ave

Tienda Mexicana Diego Inc

3150 Southeastern Ave

Save-A-Lot

3739 E Washington St

5120 Reeder St #15120 Reeder St #1, Indianapolis, IN 46203, USA

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Schools near 5120 Reeder St #1

Lowell Elementary School

Family Development Services - Windsor Village East

Wanamaker Early Learning Center

Rise Learning Center

Warren Early Childhood Center

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Homes in Southeast Indianapolis

5120 Reeder St #1
5120 Reeder St #1, Indianapolis, IN 46203, USA