3854 1/2 S Sherman Drive

📍 3854 South Sherman Drive, Indianapolis, IN 46237

📋 Property Overview

3854 1/2 S Sherman Drive, in University Heights, Indianapolis, Indiana, has 1 bd, 1 ba. The floor plan measures 864 sq ft. Rent is $880 a month. The unit features refrigerator, walk in closets, in unit laundry and range. Shared amenities include garage and parking. Pets are allowed. Leases run 12 months. Availability: Available now. With a Walk Score of 23, most errands need a car. Transit Score is 25. Rent sits 35% below the area median ($1,350).

🚶 Getting Around

• Walk Score23/100

  Car-Dependent

• Transit Score25/100

  Some Transit

💵 Costs & Lease

Lease length

12 months

Units available

1 unit

Amounts are as published by the source and may change. Confirm before applying.

📐 Floor Plan Details

• 1 Bed, 1.0 Bath1 bd · 1 ba · 864 sq ft$8801 unit available

🧾 Move-in Costs & Lease

Lease length

12 months

Available

Available now

Application fee

$60 per applicant, paid to RivoRent

Property amounts are as published by the source and may change. Confirm before applying. The application fee is RivoRent's own and is the same on every listing.

🛡️ Renters Insurance — Estimated Cost

Based on what Indiana renters actually paid: NAIC industry data for 2023 (average HO-4 premium, 388,827 policy-years), adjusted to July 2026 with the U.S. Bureau of Labor Statistics tenants' insurance index. It is a market average, not a price for this building and not a price for you.

Your own price depends most on your credit-based insurance score, your claims history and which carrier you choose. In published Ohio figures the same coverage ranges from $127 a year at excellent credit to $933 at poor credit. We do not ask for any of that, so we cannot narrow this for you.

✅ Who Qualifies

Must have 3x the rent in total household income (before taxes)

🐾 Pets

Pets

Allowed

✨ Features & Details

• Pet Friendly
• In unit laundry
• Garage
• Walk in closets
• Range
• Oven
• Refrigerator
• Parking
• 864 sq ft

📊 Property Facts

Walk Score

23 · Car-Dependent

Transit Score

25 · Some Transit

🚗 Parking

No parking on site

🎓 Nearby Schools

• South Grove Intermediate School · 3-63/10 · 0.7 mi
• Central Elementary School (Beech Grove) · 2-32/10 · 1.0 mi
• Beech Grove Middle School · 7-83/10 · 1.1 mi
• Raymond F. Brandes School 65 · PK-63/10 · 1.4 mi
• Beech Grove Senior High School · 9-122/10 · 1.4 mi
• Jeremiah Gray-Edison Elementary School · PK-55/10 · 1.5 mi
• Emma Donnan Middle School · 7-83/10 · 2.0 mi
• Paul I. Miller School 114 · PK-62/10 · 2.0 mi
• Clinton Young Elementary School · PK-54/10 · 2.0 mi
• Southport 6th Grade Academy · K-17/10 · 2.1 mi

🏡 Floor Plans