Street view of 1524 E Legrande Ave
1 / 6
$1,075/mo
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1524 E Legrande Ave

Indianapolis IN 46203 · Single Family · built 1949
2 bd1 ba729 sqft
-14% Below typical
Asking $1,075/mo · typical for 46203, 2 bd: $1,250/mo · HUD fair-market (market-adjusted) $1,132
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)

$1,075/moAsking rent
$1,250Typical asking · 46203 · 2 bd
-14%Below typical
$1,132HUD fair-market rent · adjusted
$1.47Rent per sq ft / mo
84Days listed

The rent

Asking rent
$1,075/mo
Typical asking rent
$1,250/mo median of current listings, same ZIP + bedrooms
Difference
-14% Below typical
HUD fair-market rent
$1,380/mo FY2027 Small Area FMR · adjusted $1,132
Rent per sq ft
$1.47/mo
Security deposit (typical)
$1,075 one month is the Indiana norm; ask the landlord

The property

Beds / baths
2 / 1
Living area
729 sq ft
Lot
5,663 sq ft
Year built
1949
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
Yes — registered with the city

The listing

Source
Standard
MLS #
22113365
Listed
Jul 10, 2026
Days on market
84
Listing agent
Evona Watson · Triple E Realty, Llc
3172103637 · evona@tripleerealty.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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