Street view of 7043 Gavin Dr
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$1,700/mo
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7043 Gavin Dr

Indianapolis IN 46217 · Condo · built 2001
3 bd2.5 ba2,036 sqft
-7% Fair rent
Asking $1,700/mo · typical for 46217, 3 bd: $1,820/mo · HUD fair-market (market-adjusted) $1,902
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)

$1,700/moAsking rent
$1,820Typical asking · 46217 · 3 bd
-7%Fair rent
$1,902HUD fair-market rent · adjusted
$0.83Rent per sq ft / mo
30Days listed

The rent

Asking rent
$1,700/mo
Typical asking rent
$1,820/mo median of current listings, same ZIP + bedrooms
Difference
-7% Fair rent
HUD fair-market rent
$2,320/mo FY2027 Small Area FMR · adjusted $1,902
Rent per sq ft
$0.83/mo
Security deposit (typical)
$1,700 one month is the Indiana norm; ask the landlord

The property

Beds / baths
3 / 2.5
Living area
2,036 sq ft
Lot
1,307 sq ft
Year built
2001
Property type
Condo
HOA
None on record
Flood zone
500
Registered rental
No

The listing

Source
Standard
MLS #
22126454
Listed
Sep 17, 2026
Days on market
30
Listing agent
Pamela Madsen · The Madsen Group, Llc
3175022232 · pmadsen@themadsengroup.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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