Street view of 1661 N Talbott St
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$1,179/mo
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1661 N Talbott St

Indianapolis IN 46202 · Condo · built 1986
3 bd1.5 ba2,960 sqft
-36% Below typical
Asking $1,179/mo · typical for 46202, 3 bd: $1,845/mo · HUD fair-market (market-adjusted) $2,107
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)

$1,179/moAsking rent
$1,845Typical asking · 46202 · 3 bd
-36%Below typical
$2,107HUD fair-market rent · adjusted
$0.40Rent per sq ft / mo
115Days listed

The rent

Asking rent
$1,179/mo
Typical asking rent
$1,845/mo median of current listings, same ZIP + bedrooms
Difference
-36% Below typical
HUD fair-market rent
$2,570/mo FY2027 Small Area FMR · adjusted $2,107
Rent per sq ft
$0.40/mo
Security deposit (typical)
$1,179 one month is the Indiana norm; ask the landlord

The property

Beds / baths
3 / 1.5
Living area
2,960 sq ft
Lot
5,663 sq ft
Year built
1986
Property type
Condo
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22107049
Listed
Jun 9, 2026
Days on market
115
Listing agent
Pmi Midwest · Pmi Midwest
3177942064 · jsibol@midwestpmi.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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