Street view of 2114 Woodlawn Ave
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$1,175/mo
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2114 Woodlawn Ave

Indianapolis IN 46203 · Townhouse · built 1920
2 bd2 ba1,058 sqft
-6% Fair rent
Asking $1,175/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)

$1,175/moAsking rent
$1,250Typical asking · 46203 · 2 bd
-6%Fair rent
$1,132HUD fair-market rent · adjusted
$1.11Rent per sq ft / mo
43Days listed

The rent

Asking rent
$1,175/mo
Typical asking rent
$1,250/mo median of current listings, same ZIP + bedrooms
Difference
-6% Fair rent
HUD fair-market rent
$1,380/mo FY2027 Small Area FMR · adjusted $1,132
Rent per sq ft
$1.11/mo
Security deposit (typical)
$1,175 one month is the Indiana norm; ask the landlord

The property

Beds / baths
2 / 2
Living area
1,058 sq ft
Lot
3,920 sq ft
Year built
1920
Property type
Townhouse
HOA
None on record
Flood zone
None (Zone X)
Registered rental
Yes — registered with the city

The listing

Source
Standard
MLS #
22121542
Listed
Aug 20, 2026
Days on market
43
Listing agent
Kelsay Sweazey · T&H Realty Services, Inc.
3172557767 · kmariesweazey19@gmail.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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