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1952 Wallace Ave

Indianapolis, IN 46218 - Marion County

House

3 beds

1 bath

896 sqft

Cats & dogs OK

W/D hookups

About 1952 Wallace Ave

Comes with a stove, fridge, dishwasher, microwave and W/D hookup. Basement and Off-Street Parking. Tenants responsible for all utilities. Pets welcome with a one-time pet fee of $250 per pet, 2 pet max.

18 month lease available. Our leasing agents will contact you the same or next business day to schedule a showing.

45 days on RentalSource

RentalSource last checked: 23 hours ago · Listing updated: October 25, 2026

Managed by: FS Houses · (317) 492-9025

Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type:	House
Rental Fee:	$1,150
Bedrooms:	3 beds
Bathrooms:	1 bath
Size:	896 sqft

Pets:	Cats & dogs
Laundry:	Hookups
Parking:	Yes
Available:	Now
ID:	84396178

Amenities

Washer/Dryer Hookups
Air Conditioning
Parking
Dishwasher
Basement
Garbage Disposal
Microwave
Refrigerator

Leasing Information

Fees

Deposit $1,150 (mandatory, refundable, move-in).

Additional Details

This 3-bedroom, 1-bathroom house at 1952 Wallace Ave in Indianapolis, IN 46218 rents for $1,150 a month. It has 896 square feet and is pet friendly. 1952 Wallace Ave was advertised by FS Houses on September 16, 2026.

How the Rent Compares

At $1,150 a month, this house is below the typical rent for 3-bedroom houses and townhouses in Indianapolis (about $1,500).

From 272 three-bedroom houses and townhouses listed in Indianapolis on RentalSource in November 2026: the scale holds eight in ten of them, and the shaded band the middle half.

$1,500Typical rent for 3-bedroom houses and townhouses in Indianapolis

$1,300–$1,750Middle half of their rents

34 daysAverage time they have been listed

See 3+ bedroom rentals in Indianapolis

Rent History

The rent has dropped from $1,250 to $1,150 since it was listed on September 16.

Rent history for this home, newest first
Date	Event	Rent	Change
October 8, 2026	Price change	$1,150−8.0%	−8.0%
September 16, 2026	Listed for rent	$1,250

These are listed prices. What renters actually paid may have been different.

Affordability Calculator

Can I afford to live at 1952 Wallace Ave?

Bedrooms

3 bedrooms

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$46,000 /year

With your chosen rent-to-income ratio, an annual income of $46,000 is recommended to comfortably afford this 3-bedroom rental priced at $1,150 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

House for rent

$1,150

Rent reduced $100 on October 8

Deposit $1,150 · All fees

Can I afford this home?

Interested in 1952 Wallace Ave?

Find out more about this property & see if it's available now.

Property managed by:

FS Houses

(317) 492-9025 · View all 16 rentals

Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.