318 N Sherman Drive

📍 318 North Sherman Drive, Indianapolis, IN 46201

📋 Property Overview

This home in Near Eastside, Indianapolis, Indiana comes with Studio, 1 ba. Interior space is 750 sq ft. Monthly rent is $525. The unit features refrigerator, air conditioning, range and oven. Shared amenities include concierge. Pets are allowed. Leases run 12 months. Availability: Available now. With a Walk Score of 53, some errands can be done on foot. Transit Score is 42. Rent is well below the area median of $1,350.

🚶 Getting Around

• Walk Score53/100

  Somewhat Walkable

• Transit Score42/100

  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

• 1.0 BathStudio · 1 ba · 750 sq ft$5251 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
• Air conditioning
• Concierge
• Range
• Oven
• Refrigerator
• 750 sq ft

📊 Property Facts

Walk Score

53 · Somewhat Walkable

Transit Score

42 · Some Transit

🚗 Parking

No parking on site

🎓 Nearby Schools

• Ralph Waldo Emerson School 58 · PK-61/10 · 0.5 mi
• Brookside School 54 · K-61/10 · 0.8 mi
• Thomas Carr Howe Community High School · 7-121/10 · 1.0 mi
• Thomas D. Gregg School 15 · PK-62/10 · 1.0 mi
• Christian Park School 82 · K-61/10 · 1.1 mi
• Paramount School Of Excellence · K-89/10 · 1.1 mi
• George W. Julian School 57 · K-61/10 · 1.5 mi
• Theodore Potter School 74 · K-62/10 · 1.6 mi
• Arsenal Technical High School · 9-121/10 · 1.7 mi
• H.L. Harshman Magnet Middle School · 7-82/10 · 1.7 mi

🏡 Floor Plans