Welcome to your new home at 505 E. 61st Street, perfectly situated in the highly sought-after 46220 zip code of Indianapolis. Located just blocks from the heart of Broad Ripple, this fantastic residence offers unbeatable walkability to some of the city's best local dining, eclectic boutiques, vibrant nightlife, and the scenic Monon Trail. Experience the true essence of neighborhood living with all the excitement of the city right outside your door.
Home Features & Upgrades. Appliances Included: The bright and efficient kitchen comes fully equipped with a refrigerator, range/oven, and dishwasher to make cooking and daily prep a breeze.
Heating & Cooling: Stay perfectly comfortable year-round with central air conditioning and a forced-air heating system.
Laundry: The home includes dedicated in-unit washer and dryer hookups for your convenience.
Recent Updates: Move right in and enjoy a clean, inviting atmosphere featuring modern flooring, updated fixtures, and a fresh, neutral paint palette designed to complement your personal style.
Outdoor Living & Parking. Parking: The property features a private driveway providing convenient off-street parking-a premium perk in the Broad Ripple area.
Outdoor Spaces: Step outside to enjoy a private backyard space-ideal for relaxing in the fresh air, setting up a patio set, or hosting a weekend barbecue.
Fireplace is non-operable and for decorative purposes only. Amenities: While a private single-family residence, your biggest amenity is the prime location-enjoy immediate access to Broad Ripple Park, the Monon Trail, and endless neighborhood entertainment.
Pets: Cats are welcome. Dogs may be accepted on a case-by-case basis, subject to owner approval.
Lease Details & Policies.... Utilities: The tenant is fully responsible for all utilities at this property, including water, electricity, gas, and trash collection. Skip the hassle of calling multiple utility companies. All applicable utilities remain in Red Door Property Management's name, which means you enjoy no utility credit checks, no hefty utility deposits, and the convenience of paying all your utility bills through one simple portal. The required fees for this service are a $25 one-time activation fee, a $15 monthly service fee, and a $25 one-time deactivation fee.
Some photos have been virtually staged to highlight the home's potential.
Please note- In addition to the monthly rent, a Resident Benefits Package fee of $45/ month will be applied. This includes your renter's insurance, liability insurance, HVAC filter delivery and much more.
This 3-bedroom, 1-bathroom house at 505 E 61st St in Indianapolis, IN 46220 rents for $1,795 a month. It has 1,800 square feet and is pet friendly. 505 E 61st St was advertised by Red Door Property Management on September 16, 2026.
How the Rent Compares
At $1,795 a month, this house is above the typical rent for 3-bedroom houses and townhouses in Indianapolis (about $1,500).
Typical $1,500This home $1,795
$1,190$2,000
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
The rent has dropped from $1,895 to $1,795 since it was listed on September 16.
Rent history for this home, newest first
Date
Event
Rent
Change
October 9, 2026
Price change
$1,795−5.3%
−5.3%
September 16, 2026
Listed for rent
$1,895
These are listed prices. What renters actually paid may have been different.
Affordability Calculator
Can I afford to live at 505 E 61st St?
Bedrooms
3 bedrooms
30%
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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
$71,800 /year
With your chosen rent-to-income ratio, an annual income of $71,800 is recommended to comfortably afford this 3-bedroom rental priced at $1,795 per month.
