890 Massachusetts Ave

Indianapolis IN 46204 · Apartment

3 bd3 ba1,991 sqft

+95% Well above typical

Asking $4,608/mo · typical for 46204, 3 bd: $2,362/mo · HUD fair-market (market-adjusted) $2,362

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.

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Is the rent fair?

The numbers (estimates, illustrative)

$4,608/moAsking rent

$2,362Typical asking · 46204 · 3 bd

+95%Well above typical

$2,362HUD fair-market rent · adjusted

$2.31Rent per sq ft / mo

385Days listed

The rent

Asking rent: $4,608/mo
Typical asking rent: $2,362/mo HUD SAFMR, market-adjusted
Difference: +95% Well above typical
HUD fair-market rent: $2,880/mo FY2027 Small Area FMR · adjusted $2,362
Rent per sq ft: $2.31/mo
Security deposit (typical): $4,608 one month is the Indiana norm; ask the landlord

The property

Beds / baths: 3 / 3
Living area: 1,991 sq ft
Lot: —
Year built: —
Property type: Apartment
HOA: None on record
Flood zone: None (Zone X)
Registered rental: No

The listing

Source: Standard
MLS #: —
Listed: Sep 12, 2025
Days on market: 385
Listing agent: Not on the feed — use the official listing link
Price history: No changes recorded

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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.