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N OAKS OF BROAD RIPPLE

LIHTC
5018 LEMANS DR, INDIANAPOLIS, IN, 46205
Heads up:we don’t track current vacancy or pricing for individual units. This page describes the building’s federal-program participation and unit mix as reported to HUD. Contact property management directly for available units, application steps, and waitlist status.

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Location

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Building details

Income-restricted units
398
Total units
398
Year placed in service
2000
Construction type
unknown
Affordability period
n/a

Bedroom mix

  • 14 studio
  • 117 1-bedroom
  • 226 2-bedroom
  • 41 3-bedroom

Fair Market Rent for 46205

Zip-level (SAFMR)
BedroomsLocal FMR
Studio$1,140
1 bedroom$1,290
2 bedroom$1,500
3 bedroom$1,940
4 bedroom$2,380

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source: HUD Fair Market Rent, FY2026.

Estimated total housing cost for a 2-bedroom unit at FMR: $1,500 rent + $157 utilities = $1,657/mo.

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