Street view of 2344 N Capitol Ave
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$1,550/mo
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2344 N Capitol Ave

Indianapolis IN 46208 · Single Family · built 1915
3 bd1.5 ba1,017 sqft
+11% Above typical
Asking $1,550/mo · typical for 46208, 3 bd: $1,399/mo · HUD fair-market (market-adjusted) $1,484
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)

$1,550/moAsking rent
$1,399Typical asking · 46208 · 3 bd
+11%Above typical
$1,484HUD fair-market rent · adjusted
$1.52Rent per sq ft / mo
51Days listed

The rent

Asking rent
$1,550/mo
Typical asking rent
$1,399/mo median of current listings, same ZIP + bedrooms
Difference
+11% Above typical
HUD fair-market rent
$1,810/mo FY2027 Small Area FMR · adjusted $1,484
Rent per sq ft
$1.52/mo
Security deposit (typical)
$1,550 one month is the Indiana norm; ask the landlord

The property

Beds / baths
3 / 1.5
Living area
1,017 sq ft
Lot
6,098 sq ft
Year built
1915
Property type
Single Family
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22119973
Listed
Aug 12, 2026
Days on market
51
Listing agent
Cory Gardner · Gardner Property Group
2607057325 · cory@corythebroker.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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