Street view of 5101 W 34th St
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$1,580/mo
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5101 W 34th St

Indianapolis IN 46224 · Single Family · built 1958
3 bd1.5 ba735 sqft
-6% Fair rent
Asking $1,580/mo · typical for 46224, 3 bd: $1,685/mo · HUD fair-market (market-adjusted) $1,566
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)

$1,580/moAsking rent
$1,685Typical asking · 46224 · 3 bd
-6%Fair rent
$1,566HUD fair-market rent · adjusted
$2.15Rent per sq ft / mo
1239Days listed

The rent

Asking rent
$1,580/mo
Typical asking rent
$1,685/mo median of current listings, same ZIP + bedrooms
Difference
-6% Fair rent
HUD fair-market rent
$1,910/mo FY2027 Small Area FMR · adjusted $1,566
Rent per sq ft
$2.15/mo
Security deposit (typical)
$1,580 one month is the Indiana norm; ask the landlord

The property

Beds / baths
3 / 1.5
Living area
735 sq ft
Lot
0.177 acres
Year built
1958
Property type
Single Family
HOA
$75/mo
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
—
Listed
May 12, 2023
Days on market
1239
Listing agent
Not on the feed — use the official listing link
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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