Street view of 7648 Harbour Isle
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$2,100/mo
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7648 Harbour Isle

Indianapolis IN 46240 · Condo · built 1984
1 bd1.5 ba1,024 sqft
+62% Well above typical
Asking $2,100/mo · typical for 46240, 1 bd: $1,296/mo · HUD fair-market (market-adjusted) $1,296
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)

$2,100/moAsking rent
$1,296Typical asking · 46240 · 1 bd
+62%Well above typical
$1,296HUD fair-market rent · adjusted
$2.05Rent per sq ft / mo
67Days listed

The rent

Asking rent
$2,100/mo
Typical asking rent
$1,296/mo HUD SAFMR, market-adjusted
Difference
+62% Well above typical
HUD fair-market rent
$1,580/mo FY2027 Small Area FMR · adjusted $1,296
Rent per sq ft
$2.05/mo
Security deposit (typical)
$2,100 one month is the Indiana norm; ask the landlord

The property

Beds / baths
1 / 1.5
Living area
1,024 sq ft
Lot
—
Year built
1984
Property type
Condo
HOA
$312/mo
Flood zone
None (Zone X)
Registered rental
No

The listing

Source
Standard
MLS #
22105426
Listed
Jul 27, 2026
Days on market
67
Listing agent
Lyons Team-michael Lyons · Keller Williams Indpls Metro N
3176971097 · lyons@lyonsteam.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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