Monthly rent

$1,300

Beds

Baths

Sqft

–

Monthly rent	$1,300
Beds	3
Baths	1
Sqft	–

9 Hours Ago

Highlights

Pet Friendly

Location

1508 E Castle Ave, Indianapolis, IN 46227, USA|University Heights

Tour 1508 E Castle Ave

Contact

RCA Homes

(317) 953-4688

About 1508 E Castle Ave

Sweet deal!

This listing is 12% below the median price for 3 bedroom apartments in University Heights.

Come check out this 3 bedroom single-family home located near the University of Indianapolis. Located in a quiet neighborhood, this home offers a comfortable and convenient living space with easy access to everything Indianapolis has to offer. Ideal for college students wanting to stay close to campus or anyone looking for a peaceful place to call home. Landlord provides mowing services included in rent! Tenant is responsible for paying all utilities. Pre-qualify: able to move within 30 days or less, no evictions or bankruptcies remaining on credit report, 600 or better credit score, no felonies, and household must gross at least 3x rent.

Neighborhood

University Heights

Zip code

46227

Type

House for rent

Rent trends in University Heights

3-bedroom apartments at 1508 E Castle Ave cost about 12% less than the average rent price for 3-bedroom apartments in University Heights.

Median rents as of Apr 18 2026.

University Heights

Indianapolis

A table of 3-bedroom apartment rental data trends in Indianapolis
Month	Median Rent
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
February 2026	$1,599
March 2026	$1,599
April 2026	$1,599

A table of 3-bedroom apartment rental data trends in University Heights
Month	Median Rent
May 2024	$1,450
June 2024	$1,442
July 2024	$1,399
August 2024	$1,401
September 2024	$1,398
October 2024	$1,396
November 2024	$1,422
December 2024	$1,451
January 2025	$1,485
February 2025	$1,481
March 2025	$1,435
April 2025	$1,438
May 2025	$1,469
June 2025	$1,543
July 2025	$1,465
August 2025	$1,594
September 2025	$1,616
October 2025	$1,505
November 2025	$1,384
December 2025	$1,335
January 2026	$1,360
February 2026	$1,405
March 2026	$1,575
April 2026	$1,515

Affordability calculator

Can I afford to live at 1508 E Castle Ave?

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

$52,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $52,000 annually to afford this 3-bedrooms monthly rent price of $1,300.

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

Schools near 1508 E Castle Ave

Getting around Indianapolis near 1508 E Castle Ave

Walking

5/10

Some shops and stores are within a few minutes.

Driving

8/10

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

Cycling

5/10

More spots are within biking distance and some roads are cyclist-friendly.

Transit

1/10

FYI, there are little to no public transit options within walking distance.

Points of interest for 1508 E Castle Ave, Indianapolis

Groceries

6/10

At least one supermarket within a 20-minute walk

Shopping

4/10

Several shops within walking distance

Cafes

1/10

Few or no cafés within walking distance

Restaurants

5/10

Some restaurants within a few minutes’ walk

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 10-minute walk

Parks

5/10

Moderate amount of park space nearby

Nightlife

3/10

Some bars within walking distance

Cats OK	Dogs OK
Laundry Hookups	Onsite Laundry

1508 E Castle Ave1508 E Castle Ave, Indianapolis, IN 46227, USA

Highlights

Location

Tour 1508 E Castle Ave

Contact

Amenities for 1508 E Castle Ave, University Heights

Policies and fees

Applicants

Applicants

Applicants

Applicants

REQUIRED FEES

Move-In Fees

Move-In Fees

Security Deposit

Pets

Pets

Dog Policy

Cat Policy

About 1508 E Castle Ave

Address details

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Rent trends in University Heights

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Schools near 1508 E Castle Ave

Raymond F. Brandes School No. 65

Rise Learning Center

Frederick Douglass School 19

Family Development Services - Southeast Head Start

Impact Academy

Internet available near 1508 E Castle Ave

Neighborhood

Getting around Indianapolis near 1508 E Castle Ave

Walking

Driving

Cycling

Transit

Points of interest for 1508 E Castle Ave, Indianapolis

Groceries

Shopping

Cafes

Restaurants

Primary schools

High schools

Parks

Nightlife

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Property types near University Heights

Property types near University Heights

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University Heights by amenities

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Rentals for cities near University Heights

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Homes in University Heights

1508 E Castle Ave
1508 E Castle Ave, Indianapolis, IN 46227, USA