Coming Soon. Revel in the charm and convenience of this delightful 2-bedroom multiplex rental property located at 4314 Norwaldo Avenue, Indianapolis, IN 46205. Offering 736 square feet of beautifully designed living space, this home effortlessly blends comfort with style. As you step inside, you'll be greeted by a spacious layout that maximizes every square foot, creating an inviting atmosphere perfect for entertaining or simply relaxing. The full bathroom is efficiently designed to cater to your daily routines with ease and comfort. This property is nestled in a vibrant neighborhood that ensures you are never far from the best that Indianapolis has to offer. With its prime location, you'll enjoy seamless access to local dining, shopping, and entertainment options. Whether you're a professional needing a serene space to unwind or someone who loves to be in the heart of city life, this rental offers an unbeatable living experience. Make this unique and inviting property at 4314 Norwaldo Avenue your next home and experience the perfect blend of urban convenience and peaceful living.

19 hours on RentalSource

RentalSource last checked: 19 hours ago · Listing updated: 19 hours ago

Managed by: PMI Midwest · (317) 546-3482

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Property Summary

Property Type:	Apartment
Rental Fee:	$1,449
Bedrooms:	2 beds
Bathrooms:	1 bath
Size:	736 sqft

Pets:	Yes
Laundry:	Inquire
Parking:	Inquire
Available:	Inquire
ID:	84671199

Additional Details

This 2-bedroom, 1-bathroom apartment at 4314 Norwaldo Ave in Indianapolis, IN 46205 rents for $1,449 a month. It has 736 square feet and is pet friendly. 4314 Norwaldo Ave was advertised by PMI Midwest on October 29, 2026.

How the Rent Compares

At $1,449 a month, this apartment is well above the typical rent for 2-bedroom apartments and condos in Indianapolis (about $1,150).

From 190 two-bedroom apartments and condos listed in Indianapolis on RentalSource in October 2026: the scale holds eight in ten of them, and the shaded band the middle half.

$1,150Typical rent for 2-bedroom apartments and condos in Indianapolis

$1,000–$1,400Middle half of their rents

46 daysAverage time they have been listed

See 2+ bedroom rentals in Indianapolis

Affordability Calculator

Can I afford to live at 4314 Norwaldo Ave?

Bedrooms

2 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

$57,960 /year

With your chosen rent-to-income ratio, an annual income of $57,960 is recommended to comfortably afford this 2-bedroom rental priced at $1,449 per month.

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

Apartment for rent

$1,449

Rent Affordability Calculator

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Property managed by:

PMI Midwest

(317) 546-3482

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