Street view of 7240 N Temple Ave
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$3,400/mo
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7240 N Temple Ave

Indianapolis IN 46240 · Single Family
4 bd2 ba2,200 sqft
+44% Well above typical
Asking $3,400/mo · typical for 46240, 4 bd: $2,353/mo · HUD fair-market (market-adjusted) $2,353
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)

$3,400/moAsking rent
$2,353Typical asking · 46240 · 4 bd
+44%Well above typical
$2,353HUD fair-market rent · adjusted
$1.55Rent per sq ft / mo
500Days listed

The rent

Asking rent
$3,400/mo
Typical asking rent
$2,353/mo HUD SAFMR, market-adjusted
Difference
+44% Well above typical
HUD fair-market rent
$2,870/mo FY2027 Small Area FMR · adjusted $2,353
Rent per sq ft
$1.55/mo
Security deposit (typical)
$3,400 one month is the Indiana norm; ask the landlord

The property

Beds / baths
4 / 2
Living area
2,200 sq ft
Lot
0.3196 acres
Year built
—
Property type
Single Family
HOA
None on record
Flood zone
500
Registered rental
No

The listing

Source
Standard
MLS #
—
Listed
May 20, 2025
Days on market
500
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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