Street view of 2930 N Dearborn St
1 / 6
$599/mo
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2930 N Dearborn St

Indianapolis IN 46218 · Condo · built 1910
1 bd1 ba536 sqft
-29% Below typical
Asking $599/mo · typical for 46218, 1 bd: $838/mo · HUD fair-market (market-adjusted) $951
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)

$599/moAsking rent
$838Typical asking · 46218 · 1 bd
-29%Below typical
$951HUD fair-market rent · adjusted
$1.12Rent per sq ft / mo
74Days listed

The rent

Asking rent
$599/mo
Typical asking rent
$838/mo median of current listings, same ZIP + bedrooms
Difference
-29% Below typical
HUD fair-market rent
$1,160/mo FY2027 Small Area FMR · adjusted $951
Rent per sq ft
$1.12/mo
Security deposit (typical)
$599 one month is the Indiana norm; ask the landlord

The property

Beds / baths
1 / 1
Living area
536 sq ft
Lot
5,227 sq ft
Year built
1910
Property type
Condo
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22115305
Listed
Jul 20, 2026
Days on market
74
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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