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5110 Norwaldo Ave #1537772P, Indianapolis, IN 46205, USA|Fairgrounds
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Amenities for 5110 Norwaldo Ave #1537772P, Fairgrounds
Apartment Amenities
| Air Conditioning | Balcony |
| Central Heat | Fully Equipped Kitchen |
| Furnished | Hanger |
| Kettle | Linen Towel |
| Private Entrance | Shampoo |
| Toaster | TV |
Appliances
| Blender | Coffee Machine |
| Dishwasher | Hair Dryer |
| In-Unit Laundry | Iron |
| Microwave | Oven |
| Refrigerator | Stove |
Tech
| WFH Bundle | WiFi |
Building
| Business Center | Smoke Detector |
Grounds
| Assigned Parking | Garden |
| Garden View | Outdoor Space |
| Shared Garden |
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
Parking Policy
Assigned Parking
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 1–12 months |
|---|
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About 5110 Norwaldo Ave #1537772P
The advertised rate of $3,844/month is the lowest available price, based on a 30 day(s) stay with a move-in date of August 3, 2026. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be higher if billed in multiple payments. Feel at home in The Norwaldo Indy, a beautifully restored historic home in Indy's beloved SoBro neighborhood. This 3-bedroom (one is an office) retreat offers approximately 1,800 sq ft of beautifully designed living space, blending original character with modern comfort. This thoughtfully designed retreat features two spacious bedrooms and a dedicated home office. The stunning kitchen boasts elegant finishes and an open layout. Relax in the bright, welcoming living spaces, work comfortably from the home office, or unwind in the lush, private backyard garden. Entertainment is provided by a smart TV, and seamless connectivity is ensured with high-speed Wi-Fi. Enjoy hassle-free arrivals with private off-street parking. Ride share apps pick up within minutes, and the IndyGo Red Line is also nearby for easy access to downtown and other Indy hot spots. Tucked into SoBro (South Broad Ripple), one of Indy's most beloved neighborhoods, this home places you on a quiet, tree-lined street surrounded by historic homes and local charm. It's just minutes from the lively 54th & Monon shops, the iconic Broad Ripple Village (a 5-minute drive or 20-minute walk), and the scenic Monon Trail (a 3-minute drive or 10-minute walk). Butler University & Hinkle Fieldhouse are an 8-minute drive away, Newfields & the Indianapolis Museum of Art are a 10-minute drive, and Downtown Indianapolis is a 15-minute drive. There is a $2000 party fee and a $1000 smoking fee for violations. All trash is to be taken out and disposed of, and the dishwasher started. The maximum property capacity is 4, with no unregistered guests. Tampering with exterior security cameras or the interior Minut sensor will result in additional fees. The dedicated home office is ideal for remote workers and business travelers, offering a comfortable and productive workspace.
Address details
| Neighborhood | Fairgrounds |
|---|---|
| Zip code | 46205 |
| Type | Apartment for rent |
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Rent trends in Fairgrounds
2-bedroom apartments at 5110 Norwaldo Ave #1537772P cost about 201% more than the average rent price for 2-bedroom apartments in Fairgrounds.
Median rents as of May 30 2026.
Fairgrounds
Indianapolis
| Month | Median Rent |
|---|---|
| June 2024 | $1,341 |
| July 2024 | $1,380 |
| August 2024 | $1,377 |
| 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 |
| Month | Median Rent |
|---|---|
| June 2024 | $1,100 |
| July 2024 | $1,050 |
| August 2024 | $1,081 |
| September 2024 | $1,096 |
| October 2024 | $1,004 |
| November 2024 | $1,063 |
| December 2024 | $1,096 |
| January 2025 | $1,267 |
| February 2025 | $1,206 |
| March 2025 | $1,076 |
| April 2025 | $962 |
| May 2025 | $1,225 |
| June 2025 | $1,317 |
| July 2025 | $1,216 |
| August 2025 | $1,149 |
| September 2025 | $1,113 |
| October 2025 | $1,158 |
| November 2025 | $1,194 |
| December 2025 | $1,218 |
| January 2026 | $1,196 |
| February 2026 | $1,196 |
| March 2026 | $1,236 |
| April 2026 | $1,500 |
| May 2026 | $1,299 |
Affordability calculator
Can I afford to live at 5110 Norwaldo Ave #1537772P?
Bedrooms
2 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
$153,760/yr
With your selected rent-to-income ratio, you'd ideally want to make $153,760 annually to afford this 2-bedrooms monthly rent price of $3,844.
For more information on rent affordability, visit our rent calculator.
Schools near 5110 Norwaldo Ave #1537772P
Ips/Butler Lab at Eliza Blaker 55
1349 e 54th st
indianapolis, IN, 46220
PK, K-8Public
C
Indiana School for the Deaf
1200 e 42nd st
indianapolis, IN, 46205
PK, K-12Public
Center for Inquiry School 70
510 east 46th st
indianapolis, IN, 46205
K-8Public
B
Family Development Services, Inc. Service Center II Head Start
3637 n meridian st
indianapolis, IN, 46208
PKPublic
Ips - Butler Lab at William Bell 60
3330 n pennsylvania
indianapolis, IN, 46205
PK, K-8Public
C+
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Internet available near 5110 Norwaldo Ave #1537772P
Neighborhood
Fairgrounds | Indianapolis, IN
Getting around Indianapolis near 5110 Norwaldo Ave #1537772P
Walking
6/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
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 5110 Norwaldo Ave #1537772P, Indianapolis
Groceries
8/10
At least one supermarket within a 15-minute walk
Shopping
6/10
Several shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
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
Moderate amount of park space nearby
Nightlife
3/10
Some bars within walking distance
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