Street view of 2038 E Maryland St
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New Construction
$1,499/mo
MLS Street view
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2038 E Maryland St

Indianapolis IN 46201 · Condo · built 2024
3 bd2 ba1,250 sqft
+3% Fair rent
Asking $1,499/mo · typical for 46201, 3 bd: $1,450/mo · HUD fair-market (market-adjusted) $1,394
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)

$1,499/moAsking rent
$1,450Typical asking · 46201 · 3 bd
+3%Fair rent
$1,394HUD fair-market rent · adjusted
$1.20Rent per sq ft / mo
88Days listed

The rent

Asking rent
$1,499/mo
Typical asking rent
$1,450/mo median of current listings, same ZIP + bedrooms
Difference
+3% Fair rent
HUD fair-market rent
$1,700/mo FY2027 Small Area FMR · adjusted $1,394
Rent per sq ft
$1.20/mo
Security deposit (typical)
$1,499 one month is the Indiana norm; ask the landlord

The property

Beds / baths
3 / 2
Living area
1,250 sq ft
Lot
0.0944 acres
Year built
2024
Property type
Condo
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
New Construction
MLS #
22112223
Listed
Jul 6, 2026
Days on market
88
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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