Street view of 1439 S Meridian St
1 / 6
$1,450/mo
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1439 S Meridian St

Indianapolis IN 46225 · Single Family · built 1920
2 bd1 ba1,344 sqft
-25% Below typical
Asking $1,450/mo · typical for 46225, 2 bd: $1,922/mo · HUD fair-market (market-adjusted) $1,164
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)

$1,450/moAsking rent
$1,922Typical asking · 46225 · 2 bd
-25%Below typical
$1,164HUD fair-market rent · adjusted
$1.08Rent per sq ft / mo
37Days listed

The rent

Asking rent
$1,450/mo
Typical asking rent
$1,922/mo median of current listings, same ZIP + bedrooms
Difference
-25% Below typical
HUD fair-market rent
$1,420/mo FY2027 Small Area FMR · adjusted $1,164
Rent per sq ft
$1.08/mo
Security deposit (typical)
$1,450 one month is the Indiana norm; ask the landlord

The property

Beds / baths
2 / 1
Living area
1,344 sq ft
Lot
3,485 sq ft
Year built
1920
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22127876
Listed
Sep 24, 2026
Days on market
37
Listing agent
Matlock Town & Country Realty · Matlock Realty Group
3178636666 · marty@martymatlock.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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