Monthly rent

$1,249

Beds

Baths

Sqft

1,080

Monthly rent	$1,249
Beds	3
Baths	1
Sqft	1,080

Updated 16 Hours Ago

Highlights

Pet Friendly

Location

3894 S Randolph St, Indianapolis, IN 46227, USA|University Heights

Tour 3894 S Randolph St

Contact

Compass Property Management LLC

(844) 966-7368

About 3894 S Randolph St

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Houses in Indianapolis

3894 S Randolph St, Indianapolis, IN 46227, USA

Sweet deal!

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

Updated 3 Bedroom, 1 Full Bath Bungalow which is conveniently located within walking distance to The University of Indianapolis Campus. This house has lots of Major Updates which included: Updated kitchen 2020, Updated Bathroom 2020, Laminate Hardwood Floors in Eat-In-Kitchen, Living Rm and Hallway 2020, HVAC System 2018. We welcome pets with a additional fees applicable per pet. *breed restrictions apply We do not accept section 8, evictions or felonies. Secure your new home today! Non-refundable $45 application fee for each occupant 18 years or older. Rental Terms: Rent: $1,249 Security Deposit: $1,249 Required Upon Application Approved in Full, No Exceptions For more information contact Compass Property Management at 844-966-7368

Neighborhood

University Heights

Zip code

46227

Type

House for rent

Rent trends in University Heights

3-bedroom apartments at 3894 S Randolph St cost about 12% less than the average rent price for 3-bedroom apartments in University Heights.

Median rents as of Sep 12 2026.

University Heights

Indianapolis

A table of 3-bedroom apartment rental data trends in Indianapolis
Month	Median Rent
September 2024	$1,595
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	$1,600
May 2026	$1,635
June 2026	$1,647
July 2026	$1,647
August 2026	$1,620
September 2026	$1,617

A table of 3-bedroom apartment rental data trends in University Heights
Month	Median Rent
September 2024	$1,395
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	$1,497
May 2026	$1,467
June 2026	$1,395
July 2026	$1,377
August 2026	$1,411
September 2026	$1,425

Affordability calculator

Can I afford to live at 3894 S Randolph St?

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

$49,960/yr

With your selected rent-to-income ratio, you'd ideally want to make $49,960 annually to afford this 3-bedrooms monthly rent price of $1,249.

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

Schools near 3894 S Randolph St

Getting around Indianapolis near 3894 S Randolph St

Walking

5/10

Some shops and stores are within a few minutes.

Driving

9/10

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 3894 S Randolph St, Indianapolis

Groceries

7/10

At least one supermarket within a 15-minute walk

Shopping

4/10

Several 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

10/10

At least one elementary school within a 5-minute walk

High schools

6/10

At least one high school within a 15-minute walk

Parks

6/10

Moderate amount of park space nearby

Nightlife

2/10

Few or no bars within walking distance

3894 S Randolph St3894 S Randolph St, Indianapolis, IN 46227, USA

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About 3894 S Randolph St

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Schools near 3894 S Randolph St

Rise Learning Center

Clinton Young Elementary School

Jeremiah Gray Elementary School

Family Development Services - Southeast Head Start

Wanamaker Early Learning Center

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Points of interest for 3894 S Randolph St, Indianapolis

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Parks

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3894 S Randolph St
3894 S Randolph St, Indianapolis, IN 46227, USA