5+ Days Ago
Highlights
- - laundry room
- - extra storage space
- Covered front porch
- Bright kitchen
- - covered front porch
Location
510 W 5th St, Anderson, IN 46016, USA
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Property Overview
Located in a prime area, the property features a vibrant neighborhood and cozy living space, complemented by three spacious bedrooms. With 32 photos available, it provides potential renters a comprehensive view of the interior. Its value per square foot ranks in the 81.82 percentile among local properties, enhancing its appeal in the market.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Images Available
- Laundry available on site
Great for
Pet owners
Amenities for 510 W 5th St
Apartment Amenities
| Electric Heating | Forced Air |
| Hardwood Floor | Window Units |
Building
| Basement | Onsite Laundry |
Grounds
| Outdoor Space | Storage |
Services
| Concierge Service | Package Service |
Other
| Exterior Type: Aluminum Siding | Five Rooms |
| Multi Units |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
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About 510 W 5th St
Property Status: Pending The exciting green exterior and covered front porch invite you in to this clean and updated 2 story home. Inside you will find 3 bedrooms, 1.5 bathrooms, and a laundry room on the main level with lots of cabinetry for extra storage space. The bright kitchen comes equipped with appliances. Nice backyard plus a mini barn included for your convenience. Treat yourself and move in right away! All residents will be enrolled in a Resident Benefits Package (RBP) and these packages range from $45 - $55 per month and include benefits such as liability insurance, credit building to help boost the resident's credit score with timely rent payments, up to $1M Identity Theft Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, on-demand pest control, and much more! More details upon application. Office Phone: (317) 842-3400 Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 510 W 5th St compares to other nearby properties.
Positives
- More space
- The 3-bedroom is 349 sqft larger than other listings nearby
- Images Available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
- Outdoor space
- Easy access to the outdoors
- Package service
- More secure storage for delivery
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 2 miles away
- Greater distance from high schools
- The nearest high school is farther than 3 miles away
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
Address details
| Zip code | 46016 |
|---|---|
| Type | House for rent |
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Rent trends in Anderson
3-bedroom apartments at 510 W 5th St cost about 12% more than the average rent price for 3-bedroom apartments in Anderson.
Median rents as of Jan 31 2026.
Anderson
| Month | Median Rent |
|---|---|
| February 2024 | $1,181 |
| March 2024 | $1,196 |
| April 2024 | $1,250 |
| May 2024 | $1,218 |
| June 2024 | $1,175 |
| July 2024 | $1,156 |
| August 2024 | $1,110 |
| September 2024 | $1,175 |
| October 2024 | $1,208 |
| November 2024 | $1,183 |
| December 2024 | $1,174 |
| January 2025 | $1,121 |
| February 2025 | $1,167 |
| March 2025 | $1,181 |
| April 2025 | $1,213 |
| May 2025 | $1,211 |
| June 2025 | $1,242 |
| July 2025 | $1,200 |
| August 2025 | $1,191 |
| September 2025 | $1,192 |
| October 2025 | $1,126 |
| November 2025 | $1,138 |
| December 2025 | $1,172 |
| January 2026 | $1,193 |
Affordability calculator
Can I afford to live at 510 W 5th St?
Bedrooms
3 bedroomsRent-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
$53,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $53,000 annually to afford this 3-bedrooms monthly rent price of $1,325.
For more information on rent affordability, visit our rent calculator.
Schools near 510 W 5th St
Eastside Elementary School
844 n scatterfield rd
anderson, IN, 46012
K-4Public
C+
Southview Preschool Center
4500 main st
anderson, IN, 46013
PKPublic
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Internet available near 510 W 5th St
Getting around Anderson near 510 W 5th St
Walking
5/10
Some shops and stores are within a few minutes.
Driving
6/10
This area is close to freeways and has adequate parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Points of interest for 510 W 5th St, Anderson
Groceries
7/10
At least one supermarket within a 15-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
4/10
Some restaurants within a few minutes’ walk
Primary schools
4/10
At least one elementary school within a 20-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Nightlife
3/10
Some bars within walking distance
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