Monthly rent

$695

Beds

Baths

Sqft

–

Monthly rent	$695
Beds	2
Baths	1
Sqft	–

Updated 8 Hours Ago

Location

1527 S State Ave, Indianapolis, IN 46203, USA|Near Southeast

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Contact

Alpine Leasing

(844) 325-4840 ext. 9049

About 1527 S State Ave

Home

Houses in Indianapolis

1527 S State Ave, Indianapolis, IN 46203, USA

Sweet deal!

This listing is 37% below the median price for 2 bedroom apartments in Near Southeast.

ALERT - ALPINE LEASING DOES NOT ADVERTISE RENTAL PROPERTIES ON FACEBOOK OR. AND WE NEVER COLLECT PAYMENTS AT OUR HOUSES. NO EXCEPTIONS. This home is move-in ready and available now! We get a lot of inquiries and our properties turn over quickly. IF YOU WISH TO RECEIVE PRIORITY TREATMENT FROM OUR LEASING TEAM, AS WELL AS A DIRECT LINE OF COMMUNICATION WITH ONE OF OUR REALTORS, PLEASE GO TO 317RENTAL. COM AND COMPLETE AN APPLICATION TO GET PRE-APPROVED. Apply for any property. Our approval will be for a dollar amount, not a house. As soon as you are pre-approved, a Realtor will reach out to you to schedule showings. OUR BEST HOMES USUALLY GO TO TENANTS SHOPPING WITH A PRE-APPROVAL! We are a Licensed Real Estate Brokerage. Our primary focus is leasing residential properties. Due to a high demand for our large inventory of homes, our approval process is automated. WE ARE UNABLE TO DISCUSS APPLICATIONS IN PROCESS AT OUR OFFICE. WE DO NOT HAVE PHONE LINES DEDICATED TO DISCUSSING APPLICATIONS IN PROCESS OR WHAT IS NEEDED FOR APPROVAL. Approval guidelines are listed on our website. Upon completion of your application you will receive an email from our processing department that will serve as an open line of communication. Our email account is monitored closely by management/processing staff and responses are made in a timely manner Monday - Friday, 9am - 5pm. Upon approval of your application you will be contacted by a Realtor. You will then have access to phone communication and personalized service from an agent who will help you get moved into a home.

Neighborhood

Near Southeast

Zip code

46203

Type

House for rent

Rent trends in Near Southeast

2-bedroom apartments at 1527 S State Ave cost about 37% less than the average rent price for 2-bedroom apartments in Near Southeast.

Median rents as of Aug 1 2026.

Near Southeast

Indianapolis

A table of 2-bedroom apartment rental data trends in Indianapolis
Month	Median Rent
August 2024	$1,375
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	$1,245
February 2026	$1,239
March 2026	$1,250
April 2026	$1,250
May 2026	$1,275
June 2026	$1,288
July 2026	$1,270
August 2026	$1,275

A table of 2-bedroom apartment rental data trends in Near Southeast
Month	Median Rent
August 2024	$1,116
September 2024	$1,075
October 2024	$999
November 2024	$995
December 2024	$995
January 2025	$997
February 2025	$998
March 2025	$1,008
April 2025	$1,034
May 2025	$1,065
June 2025	$1,022
July 2025	$1,030
August 2025	$1,081
September 2025	$1,111
October 2025	$1,046
November 2025	$1,020
December 2025	$993
January 2026	$1,014
February 2026	$1,050
March 2026	$1,065
April 2026	$1,062
May 2026	$1,040
June 2026	$1,031
July 2026	$1,069
August 2026	$1,095

Affordability calculator

Can I afford to live at 1527 S State Ave?

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

$27,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $27,800 annually to afford this 2-bedrooms monthly rent price of $695.

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

Schools near 1527 S State Ave

Points of interest for 1527 S State Ave, Indianapolis

Groceries

6/10

Wide variety of groceries within a short drive, including some within walking distance

Shopping

5/10

Variety of shops within a short drive

Cafes

6/10

Wide variety of cafés within a short drive, including some within walking distance

Restaurants

7/10

Wide variety of restaurants within a short drive, including some within walking distance

Primary schools

9/10

At least one elementary school within a 5-minute walk

High schools

2/10

At least one high school within a 30-minute walk

Parks

6/10

Large amount of park space nearby

Nightlife

8/10

Wide variety of bars within a short drive, including some within walking distance

1527 S State Ave1527 S State Ave, Indianapolis, IN 46203, USA

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Schools near 1527 S State Ave

Frederick Douglass School 19

Paul I. Miller School No. 114

Rise Learning Center

Impact Academy

Impact Academy 2

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1527 S State Ave
1527 S State Ave, Indianapolis, IN 46203, USA