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5541 E 40th St

(317) 210-3637
Check Availability
Indianapolis, IN 46226

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5541 E 40th St

Indianapolis, IN 46226
(317) 210-3637
5541 E 40th St in Indianapolis, IN - Building Photo
2 Bedroom - Home for Rent
  • 2BR, 1BA Home
  • $950 Pricing
  • 1,440 Square Feet
  • Available Now Availability

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Call us at: (317) 210-3637 to request a tour.

About 5541 E 40th St

Discover a truly inviting single-family residence available for lease at 5541 E 40th ST,INDIANAPOLIS,IN. Built in 1957,this charming 1440 square foot home is ready for you to move in and begin your next chapter. The heart of this home is a thoughtfully appointed kitchen,featuring matching black appliances that blend seamlessly for a modern and functional space. With two comfortable bedrooms and one full bathroom,this single-story layout offers ease and accessibility. The property spans an expansive 8320 square foot lot,providing ample outdoor space for your enjoyment. This delightful property offers an exceptional leasing opportunity; schedule your private viewing today to experience its charm firsthand. Based on information submitted to the MLS GRID as of [see last changed date above]. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

5541 E 40th St is located in the Devington Neighborhood and 46226 Zip code of Indianapolis, IN.

Property Contact Info

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified.

Ask About Our Fees

Required Fees

One-Time Basics

Due at Application
Application Fee Per Applicant$50

Pet Policy and Fees

Cats
Allowed
Dogs
Allowed

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

Features and Amenities

On-Site Services

  • Garden Style

Interior Features

  • Heating
  • Air Conditioning

Kitchen Amenities

  • Dishwasher
  • Microwave
  • Oven
  • Refrigerator
Google Map

Map

5541 E 40th St, Indianapolis, IN 46226

Getting Around

  • 40 / 100 Fairly walkable

    Some day-to-day needs are within walking distance

  • 20 / 100 Limited public transit

    Transit is available for some trips

  • 50 / 100 Fairly bikeable

    Somewhat suitable for bicycle commuting and/or recreation

  • 70 / 100 Moderately car friendly

    Good access to freeways and/or major arteries, with a low chance of parking problems

Scores provided by Local Logic details

Getting to Know the Area

  • 50 / 100 Restaurants

    Some restaurants within a few minutes

  • 20 / 100 Cafes

    Some cafés within walking distance

  • 30 / 100 Nightlife

    Some bars within walking distance

  • 40 / 100 Shopping

    Several shops within walking distance

  • 60 / 100 Parks

    Large amount of park space nearby

  • 90 / 100 Noise Level

    Virtually no sources of noise nearby

Scores provided by Local Logic

Frequently Asked Questions about 5541 E 40th St

What type of rental is available at 5541 E 40th St?

There is currently a 2 Bed 1 Bath Home for rent with 1,440 sq ft listed at 5541 E 40th St. It is Available Now.

How much is the rent at 5541 E 40th St?

The rental at 5541 E 40th St is currently listed at $950.

What area of town is 5541 E 40th St located in?

Located in the Devington Neighborhood, 5541 E 40th St is in the 46226 Zip Code of Indianapolis, IN.

Nearby Schools

Robert Lee Frost School 106

Indianapolis Public Schools
5301 Roxbury Road
Public School - Grades PK-5 (308 Students)
3/10

George H. Fisher School 93

Pla at George H Fisher School 93
7151 East 35th Street
Public School - Grades K-5 (417 Students)
3/10
School data provided by GreatSchools.
details
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

About GreatSchools Data on ApartmentHomeLiving.com.

Points of Interest

Time and distance from 5541 E 40th St.

Arts Museums and Landmarks

Warren Performing Arts Center

9500 East 16th Street
9 minute drive / 4.66 miles away

Children's Museum of Indianapolis

3000 N. Meridian St.
10 minute drive / 4.81 miles away

Indianapolis Museum of Art

4000 Michigan Road
12 minute drive / 5.94 miles away

Big Box and Retail

Walgreens

3734 E 38th St
5 minute drive / 1.83 miles away

Goodwill

3058-3124 E 39th St
4 minute drive / 2.26 miles away

Lowe's

6002 N Rural St
7 minute drive / 3.48 miles away

Colleges and Universities

Ivy Tech Community College - Downtown Indianapolis Campus

50 West Fall Creek Pkwy
10 minute drive / 5.0 miles away

Butler University

4600 Sunset Ave
11 minute drive / 5.38 miles away

Indiana University School of Medicine

340 W 10th St
12 minute drive / 5.83 miles away

Groceries

Save-A-Lot

2930 E 38th St
4 minute drive / 2.33 miles away

Kroger

4445 E 10th St
7 minute drive / 3.7 miles away

Aldi

6691 E Washington St
9 minute drive / 4.2 miles away

Hospitals

Options Behavioral Health System

5602 Caito Drive
4 minute drive / 2.29 miles away

Neurodiagnostic Institute

5435 E 16th St
6 minute drive / 2.86 miles away

Community Hospital East

1500 N Ritter Ave
6 minute drive / 2.96 miles away

Military Bases

Naval Avionics Center

5 minute drive / 2.64 miles away

Parks and Recreation

SpaceQuest Planetarium

3000 N Meridian St
10 minute drive / 4.81 miles away

Benjamin Harrison House

1230 North Delaware Street
11 minute drive / 5.49 miles away

Climb Time Indy

8750 Corporation Drive
13 minute drive / 6.11 miles away

5541 E 40th St has 5 parks within 7.9 miles, including SpaceQuest Planetarium, Benjamin Harrison House, Climb Time Indy, White River State Park, and Garfirled Conservatory.

Restaurants and Dining

H20 Sushi

1912 Broad Ripple Avenue
8 minute drive / 4.08 miles away

3 Sisters Cafe

6360 N. Guilford Ave
10 minute drive / 4.83 miles away

Loon Lake Lodge

6880 E 82nd St
11 minute drive / 5.33 miles away

Shopping Centers

Arlington Village

3790 N Arlington Ave
1 minute drive / 0.45 miles away

Emerson Square

5050 E 38th St
2 minute drive / 0.84 miles away

Dollar General Plaza

5049-5065 E 38th St
2 minute drive / 0.84 miles away

5541 E 40th St has 5 shopping centers within 1.1 miles.

Nearby Neighborhoods

Martindale

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Keystone-Orchard

Studio to 5 Bedroom Apartments from $543
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Brookside

Studio to 5 Bedroom Apartments from $500
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Nearby Apartments

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Indianapolis Studio Apartments $1,220$556$5,271
Indianapolis 1 Bedroom Apartments $1,383$543$5,098
Indianapolis 2 Bedroom Apartments $1,652$650$10,000+
Indianapolis 3 Bedroom Apartments $1,994$795$8,207
Indianapolis 4 Bedroom Apartments $2,289$600$8,291
Indianapolis 5 Bedroom Apartments $5,451$2,192$10,000+

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Viewing: 5541 E 40th St | Desktop Version | Listing Updated: 09/12/2026