Street view of 537 E 11th St
1 / 6
$995/mo
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537 E 11th St

Indianapolis IN 46202 · Condo · built 1890
1 bd1 ba900 sqft
+1% Fair rent
Asking $995/mo · typical for 46202, 1 bd: $990/mo · HUD fair-market (market-adjusted) $1,410
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)

$995/moAsking rent
$990Typical asking · 46202 · 1 bd
+1%Fair rent
$1,410HUD fair-market rent · adjusted
$1.11Rent per sq ft / mo
48Days listed

The rent

Asking rent
$995/mo
Typical asking rent
$990/mo median of current listings, same ZIP + bedrooms
Difference
+1% Fair rent
HUD fair-market rent
$1,720/mo FY2027 Small Area FMR · adjusted $1,410
Rent per sq ft
$1.11/mo
Security deposit (typical)
$995 one month is the Indiana norm; ask the landlord

The property

Beds / baths
1 / 1
Living area
900 sq ft
Lot
5,227 sq ft
Year built
1890
Property type
Condo
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22120479
Listed
Aug 15, 2026
Days on market
48
Listing agent
Maxwell Richter · Wilmoth Group
3178423400 · maxr@wilmothgroup.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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