Street view of 6054 E 16th St
1 / 6
$949/mo
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6054 E 16th St

Indianapolis IN 46219 · Townhouse · built 1953
2 bd1 ba900 sqft
-10% Below typical
Asking $949/mo · typical for 46219, 2 bd: $1,050/mo · HUD fair-market (market-adjusted) $1,164
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)

$949/moAsking rent
$1,050Typical asking · 46219 · 2 bd
-10%Below typical
$1,164HUD fair-market rent · adjusted
$1.05Rent per sq ft / mo
71Days listed

The rent

Asking rent
$949/mo
Typical asking rent
$1,050/mo median of current listings, same ZIP + bedrooms
Difference
-10% Below typical
HUD fair-market rent
$1,420/mo FY2027 Small Area FMR · adjusted $1,164
Rent per sq ft
$1.05/mo
Security deposit (typical)
$949 one month is the Indiana norm; ask the landlord

The property

Beds / baths
2 / 1
Living area
900 sq ft
Lot
39,640 sq ft
Year built
1953
Property type
Townhouse
HOA
None on record
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22070108
Listed
Jul 23, 2026
Days on market
71
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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