Street view of 10246 Caprock Canyon Dr
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$2,600/mo
MLS Street view
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10246 Caprock Canyon Dr

Indianapolis IN 46229 · Single Family · built 2022
4 bd3 ba2,389 sqft
+34% Well above typical
Asking $2,600/mo · typical for 46229, 4 bd: $1,945/mo · HUD fair-market (market-adjusted) $1,747
How we check rent

Typical = the median of rentals asking right now with the same bedroom count in the same ZIP (our monthly comps). When there are too few comps we use HUD's FY2027 Small Area Fair Market Rent scaled by 0.82, the ratio Indianapolis landlords actually ask versus HUD. Orientation only, not a guarantee of any rent.

Is the rent fair?

The numbers (estimates, illustrative)

$2,600/moAsking rent
$1,945Typical asking · 46229 · 4 bd
+34%Well above typical
$1,747HUD fair-market rent · adjusted
$1.09Rent per sq ft / mo
108Days listed

The rent

Asking rent
$2,600/mo
Typical asking rent
$1,945/mo median of current listings, same ZIP + bedrooms
Difference
+34% Well above typical
HUD fair-market rent
$2,130/mo FY2027 Small Area FMR · adjusted $1,747
Rent per sq ft
$1.09/mo
Security deposit (typical)
$2,600 one month is the Indiana norm; ask the landlord

The property

Beds / baths
4 / 3
Living area
2,389 sq ft
Lot
7,405 sq ft
Year built
2022
Property type
Single Family
HOA
$29/mo
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22107071
Listed
Jun 16, 2026
Days on market
108
Listing agent
Keller Williams Indy Metro Ne
3175647100 · michaelmergell@kw.com
Price history
No changes recorded
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Questions about this rental, the neighborhood, or what a fair rent is?

We own and manage rentals in Indianapolis ourselves. This listing is not ours, but ask anything and our team replies within one business day. Free.

All figures are illustrative estimates from the list price, public records, rent comps / HUD fair-market rent and assumed financing (75% LTV, ~7.5%, 30 yr, as of 2026-09-12). Not verified, not an offer, not investment advice. Triad Global, LLC is a real-estate investor, not a licensed brokerage. Listing data from public sources; verify everything before you bid. Equal Housing Opportunity.

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