Street view of 4351 Village Parkway Cir W
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$1,550/mo
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4351 Village Parkway Cir W

Indianapolis IN 46254 · Condo · built 1989
2 bd2 ba994 sqft
+38% Well above typical
Asking $1,550/mo · typical for 46254, 2 bd: $1,123/mo · HUD fair-market (market-adjusted) $1,123
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
$1,123Typical asking · 46254 · 2 bd
+38%Well above typical
$1,123HUD fair-market rent · adjusted
$1.56Rent per sq ft / mo
134Days listed

The rent

Asking rent
$1,550/mo
Typical asking rent
$1,123/mo HUD SAFMR, market-adjusted
Difference
+38% Well above typical
HUD fair-market rent
$1,370/mo FY2027 Small Area FMR · adjusted $1,123
Rent per sq ft
$1.56/mo
Security deposit (typical)
$1,550 one month is the Indiana norm; ask the landlord

The property

Beds / baths
2 / 2
Living area
994 sq ft
Lot
2,178 sq ft
Year built
1989
Property type
Condo
HOA
$231/mo
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22102483
Listed
May 21, 2026
Days on market
134
Listing agent
Victor Nwachukwu · Exp Realty, LLC
3179691390 · victor.nwachukwu@exprealty.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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