3201 E  38th St #4, Indianapolis, IN 46218
FOR RENT
NEW - 3 HRS AGO
APPLY INSTANTLY

$1,150/mo

  • 2 Beds
  • 1 Bath

3201 E 38th St #4, Indianapolis, IN 46218

Meadows
Available now
Cost and fees breakdown
Price may not include required fees and charges.
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Home Highlights

Apartment
No Pets
Laundry
$1,150 deposit

Local Information

  • Map ViewExplore the area around 3201 E 38th St #4.
  • Schools7 Preschool Schools11 Elementary Schools4 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

About this House

Welcome to 3201 E 38th St, a four-unit multifamily property offering a variety of comfortable and affordable apartment layouts.

The property features multiple 1- and 2-bedroom units, including units with unique layouts such as an upstairs apartment, a unit with a fireplace, and a spacious two-level unit. With several floor plans available, residents can choose an option that best fits their needs and budget.

Conveniently located in Indianapolis with easy access to local shopping, dining, transportation, and neighborhood amenities.

12-month lease
Monthly rent varies by unit
Security deposit required
Tenant responsible for applicable utilities
Pets subject to owner approval and applicable fees
No smoking
Rental application and screening required
Rent is due on the 1st of each month
All terms subject to the executed lease agreement

Details for 3201 E 38th St #4

Days on Market

Days on Market: Just Listed

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: nowDeposit: $1,150

Exterior Features

Parking & Garage
Parking: Off Street Parking, On Site
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Costs and Fees

Required monthly rent & fees
  • Base rent
    $1,150/mo
Required one-time fees
  • Security deposit
    $1,150
  • Application fee
    Contact for details
  • Administrative fee
    Contact for details
Pricing is subject to change. All calculations are estimates and provided for informational purposes only. Actual amounts may include additional mandatory or optional fees. Please consult the community manager for a complete breakdown of all rental costs.
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Rental Market Trends in Meadows

Last updated Sep 2026
Average rent
$1.1K
$95
MoM
Available listings
30
View rental market trends in Indianapolis, IN

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Meadows

At least 23 Trulia users voted on each feature.
  • 87 % Say yards are well-kept

  • 83 % Say kids play outside

  • 80 % Say parking is easy

  • 79 % Say car is needed

  • 72 % Say there are sidewalks

  • 68 % Say it's walkable to grocery stores

  • 63 % Say it's dog friendly

  • 51 % Say it's walkable to restaurants

  • 51 % Say there's holiday spirit

  • 50 % Say neighbors are friendly

  • 44 % Say streets are well-lit

  • 44 % Say they plan to stay for at least 5 years

  • 41 % Say there's wildlife

  • 40 % Say it's quiet

  • 32 % Say people would walk alone at night

  • 24 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Ok. There’s sometimes too much traffic but, I guess that’s normal. Some traffic lights could be synced better. And they need to do something about the potholes in some of the central downtown area of Indianapolis. More turn signals could be added to some of these lights as well may I add. Other than that it really just depends on where you stay on how you feel how the area is. I can’t complain. Indianapolis is an amazing place to raise a beautiful family as well as go to school. Great learning opportunities and the nightlife is cool. It can get violet sometimes, especially with the youth right now, but I truly believe that Indianapolis can get better. It’s up to the elders, middle aged, and adults to come together to help our community come back togethers as one. It definitely takes a village for our youth so we might as well come back together as a village to finish helping grow our youth and younger generation into the smart people they can be."
  • Dawn Williams
    "I really like the neighborhood and the location, but I wish they would do a better job cleaning up the crime around here"
  • Leslie Brown
    "For their children to watch out for the stray dogs in the neighborhood and it’s a couple of parks for the kids to go to when it’s warm out and they have swimming pools as well "
  • Leslie Brown
    "The neighbors are friendly and people walk their dogs the dogs never bother anyone and I feel safe most the time. I’ve never had any problems "
  • Trulia User
    "It’s a quite neighborhood for the most part neighbors do watch out for each other. There is a church right on Schofield to attend and the schools are close by"
  • Dena J.
    "Dogs are usually on a leash. Dog owner’s should not have a problem with other dogs in this neighborhood."
  • Brandy J.
    "My neighborhood is quiet for the area i am in, and washington park is in walking distance. Also, the bus line is close for someone who takes the bus."
  • Julie L. C.
    "Nota horrible place to live. Not to much going on around, I know I am safe sitting outside. Not to busy."
  • Glentmoxley
    "The Family Dollar on 38th st use to get robbed every week. Now it's only once a month so it's improving. "
  • brandy j.
    "they look out for us. they would watch our house when we leave. we love how quiet it is. no one bothers you but they say hi and wave and a couole of them will ask how we are doing. it feels nice to. see people smile at you when your outside "

Local Legal Protections

LGBTQ • Source of Income

Price and Tax history

DateEventPrice
Sep 18, 2026
Source: Zillow Rentals
Listed For Rent
$1,150
Nic & Co Consultings LLC

Frequently asked questions about 3201 E 38th St #4

  • What income do you need to rent 3201 E 38th St #4?
    Most landlords look for monthly gross income of about 3× rent, or roughly $40K per year to rent 3201 E 38th St #4 in Indianapolis, IN at $1,150/mo.
  • What's the average rent in Meadows?
    The average rent in Meadows is $1,500 per month.
  • How does the rent for 3201 E 38th St #4 compare to similar 2-bedroom apartments in Meadows?
    3201 E 38th St #4 in Indianapolis, IN rents about 4% below the area average for 2-bedroom apartments in Meadows ($1,197/mo).
  • What do residents say about the Meadows neighborhood?
    Residents describe the Meadows neighborhood in Indianapolis, IN as well-kept, easy to park in, and pedestrian-friendly. See apartments for rent in Meadows, Indianapolis.
  • Does 3201 E 38th St #4 have parking?
    Yes, 3201 E 38th St #4 in Indianapolis, IN has on-site parking.

Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
$41,400 PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.

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3201 E 38th St #4, Indianapolis, IN is a 2 bedroom, 1 bathroom apartment. 3201 E 38th St #4 is located in Meadows, Indianapolis. 3201 E 38th St #4 was listed for rent for $1,150/month on Sep 18, 2026.