• Primary Photo - 5541 E 40th St
  • Building Photo - 5541 E 40th St
    Building Photo - 5541 E 40th St
  • Building Photo - 5541 E 40th St
    Building Photo - 5541 E 40th St
$775 / Month

5541 E 40th St

,

Indianapolis, IN 46226

2 Weeks Ago
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Edit Commute

Under 30 minutes

Commute Time is calculated at rush hour.
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5541 E 40th St
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Beds Baths Average SF
2 Bedrooms 2 Bedrooms 2 Br 1 Bath 1 Bath 1 Ba —

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.

5541 E 40th St is a house located in Marion County and the 46226 ZIP Code. This area is served by the Indianapolis Public Schools attendance zone.

House Features

Air Conditioning

Hardwood Floors

Refrigerator

Heating

  • Air Conditioning
  • Heating
  • Oven
  • Refrigerator
  • Hardwood Floors
Location
5541 E 40th St, Indianapolis,
IN 46226
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Neighborhood

Devington is located about eight miles northeast of Mile Square, Indianapolis’ downtown district. Indianapolis is one of the most affordable places to live in the country and Devington follows suit. Along with its affordability, Devington is known for its close-knit feel. The Devington Communities Association hosts a variety of events. There is a wide range of apartments, houses, and condos available at lower rate compared to other Indianapolis neighborhoods. Devington has several shopping plazas, restaurants, parks, and schools. Renters also appreciate being a short drive away from Fort Harrison State Park and the Indiana State Fairgrounds. Great for commuters, Devington is near Interstate 70 and 465, allowing for easy travels throughout the city.

Learn more about living in Devington 

Below are rent ranges for similar nearby apartments

Beds Average Size Lowest Typical Premium
1 Bed 1 Bed 1 Bed 656 Sq Ft $800 $911 $969
2 Beds 2 Beds 2 Beds 980 Sq Ft $775 $1,172 $1,450
3 Beds 3 Beds 3 Beds 1214 Sq Ft $1,250 $1,798 $7,553
Amenities
  • Air Conditioning
  • Heating
  • Oven
  • Refrigerator
  • Hardwood Floors
Education
Colleges & Universities Distance
Colleges & Universities Distance
Butler University
Drive: 13 min 6.2 mi
Ivy Tech Community College
Drive: 12 min 6.3 mi
IU - School of Medicine
Drive: 15 min 7.8 mi
IU - Indianapolis
Drive: 16 min 8.6 mi
5541 E 40th St is within 12 minutes or 6.3 miles from Ivy Tech Community College. It is also near Butler University and IU - School of Medicine.
Schools
Indiana College Preparatory School
Charter Elementary & Middle School
Grades K-8
232 Students
Nearby
Floro Torrence School 83
Public Elementary School
Grades PK-5
Attendance Zone
Arlington Community High School
Public High School
Grades 9-12
769 Students
Nearby
Saint Lawrence School
Private Elementary & Middle School
Grades K-8
Nearby
Little People's Prep School
Private Elementary School
Grades PK-5
Nearby
Cathedral High School
Private High School
Grades 9-12
Nearby
School data provided by 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 a scale of 1 (below average) 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 family needs as part of the school selection process.

View GreatSchools Rating Methodology

Data provided by GreatSchools.org © 2026. All rights reserved.
Transportation

5541 E 40th St is near Indianapolis International, located 21.5 miles or 37 minutes away.

Commuter Rail Distance
Commuter Rail Distance
Indianapolis
Drive: 15 min 8.5 mi
Airports Distance
Airports Distance
Indianapolis International
 Drive: 37 min 21.5 mi

Walkability Near 5541 E 40th St Indianapolis, IN 46226

Getting Around
Fairly Walkable
Walkability
40 / 100
Limited Public Transit
Transit
20 / 100
Moderately Drivable
Drivability
70 / 100
Fairly Bikeable
Bikeability
50 / 100

Scores provided by

What do Walkability, Transit, Drivability, and Bikeability mean? Walkability measures the walking distance to day-to-day needs. Transit measures access to public transportation. Drivability measures congestion, parking availability, and access to major roads. Bikeability measures the suitability for cycling. How It Works
-
Soundscore™
- / 100

Traffic

-

Airport

-

Businesses

-

Scores provided by

HowLoud What is a Sound Score Rating? A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources. How It Works
Points of Interest

Time and distance from 5541 E 40th St.

Shopping Centers Distance
Shopping Centers Distance
Arlington Village
Walk: 15 min 0.8 mi
Emerson Square
Walk: 17 min 0.9 mi
Devington Plaza
Drive: 4 min 1.4 mi
5541 E 40th St has 3 shopping centers within 1.4 miles, which is about a 4-minute drive. The miles and minutes will be for the farthest away property.
Parks and Recreation Distance
Parks and Recreation Distance
Windsor Village Park
 Drive: 7 min 3.2 mi
Washington Park
 Drive: 7 min 3.6 mi
Ellenberger Park
 Drive: 9 min 4.6 mi
Fort Harrison State Park
 Drive: 9 min 4.6 mi
Douglass Park
 Drive: 9 min 5.0 mi
5541 E 40th St has 5 parks within 5.0 miles, including Windsor Village Park, Washington Park, and Fort Harrison State Park.
Hospitals Distance
Hospitals Distance
Options Behavioral Health System
Drive: 7 min 3.7 mi
Neurodiagnostic Institute
Drive: 7 min 3.8 mi
Community Hospital East
Drive: 7 min 4.0 mi
5541 E 40th St has 3 hospitals within 4.0 miles, the nearest is Options Behavioral Health System which is 3.7 miles away and a 7 minute drive.

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