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940 Jefferson Ave

Indianapolis, IN 46201 - Marion County

Apartment

3 beds

1.5 baths

1,500 sqft

About 940 Jefferson Ave

Welcome to our spacious 3-bedroom, 1.5-bathroom apartment located in the heart of Indianapolis, IN. This apartment features a deck where you can enjoy the fresh air and relax outdoors. Inside, you'll find a cozy living room perfect for entertaining guests or unwinding after a long day. The apartment also includes a yard, providing a green space for outdoor activities. Don't miss out on this fantastic opportunity to make this apartment your new home. Contact us today to schedule a tour. Don't miss out on the opportunity to make this your new home. Terms: 12 month or longer lease. $200 Lease initiation fee for preparing of lease documentation. $25 Resident Benefit Package. $50 Application Fee. A non-refundable fee of $25 (via Ach) or $30 (via credit card) is required by Pet Screening to process a pet profile. Profiles for service animals and No Pet declarations are free of charge. Your pet rent will be determined based on the Fido score assigned by PetScreening and will correspond to one of the following categories: 1 paw score: $80. 2 paw score: $60. 3 paw score: $50. 4 paw score: $40. 5 paw score: $300. Deck, Living Room, Refrigerator, Stove/oven, Microwave, Garbage disposal, Dishwasher & Washer/Dryer. Pet Friendly.

RentalSource last checked: August 16, 2025 at 2:35 PM ET

Last updated: August 12, 2025 at 2:01 PM ET

Listed by: Keyrenter Indianapolis, (317) 671-8130

Property Summary

Property Type:	Apartment
Rental Fee:	$1,595
Bedrooms:	3 beds
Bathrooms:	1.5 baths

Size:	1,500 sqft
Pet Friendly:	No
Listing Status:	Active
ID:	81860589

Property Amenities

• Balcony/Patio

• Garbage Disposal

• Dishwasher

• Microwave

• Refrigerator

• Washer/Dryer In Unit

Additional Details

Apartment for rent in Indianapolis for $1,595 with 3 beds, 1.5 baths, 1,500 sqft and located at 940 Jefferson Ave in Indianapolis, IN 46201. The rental price of $1,595 is 1.9% ($30) higher than the average rent of $1,565 for a 3 bedroom apartment in Indianapolis, IN and 2.0% ($32) higher than the average rent of $1,563 for a 3 bedroom apartment in Marion County. 940 Jefferson Ave was advertised by Keyrenter Indianapolis on July 24, 2025 at 11:50 AM ET, last updated on August 12, 2025 at 2:01 PM ET and last checked today at 2:35 PM ET.

Affordability Calculator

Can I afford to live at 940 Jefferson 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

$63,800 /year

With your chosen rent-to-income ratio, an annual income of $63,800 is recommended to comfortably afford this 3-bedroom rental priced at $1,595 per month.

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

Apartment for rent

$1,595

Rent Affordability Calculator

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Property managed by:

Keyrenter Indianapolis
(317) 671-8130

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