Street view of 120 E 27th St
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$2,300/mo
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120 E 27th St

Indianapolis IN 46205 · Condo · built 1955
4 bd2 ba1,552 sqft
-36% Below typical
Asking $2,300/mo · typical for 46205, 4 bd: $3,600/mo · HUD fair-market (market-adjusted) $2,058
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)

$2,300/moAsking rent
$3,600Typical asking · 46205 · 4 bd
-36%Below typical
$2,058HUD fair-market rent · adjusted
$1.48Rent per sq ft / mo
30Days listed

The rent

Asking rent
$2,300/mo
Typical asking rent
$3,600/mo median of current listings, same ZIP + bedrooms
Difference
-36% Below typical
HUD fair-market rent
$2,510/mo FY2027 Small Area FMR · adjusted $2,058
Rent per sq ft
$1.48/mo
Security deposit (typical)
$2,300 one month is the Indiana norm; ask the landlord

The property

Beds / baths
4 / 2
Living area
1,552 sq ft
Lot
—
Year built
1955
Property type
Condo
HOA
$180/mo
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22128326
Listed
Oct 1, 2026
Days on market
30
Listing agent
Jeffrey Boller · Vision One Real Estate
3174903206 · jeff@visiononerealestate.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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