N Meridian St / E 34th St median real estate price is $94,805, which is more expensive than 37.6% of the neighborhoods in Indiana and 20.1% of the neighborhoods in the U.S.
The average rental price in N Meridian St / E 34th St is currently $611, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 44.7% of Indiana neighborhoods.
N Meridian St / E 34th St is an urban neighborhood (based on population density) located in Indianapolis, Indiana.
N Meridian St / E 34th St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the N Meridian St / E 34th St neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in N Meridian St / E 34th St. The current real estate vacancy rate here is 33.7%. This is higher than the rate of vacancies in 95.7% of all U.S. neighborhoods. This can sometimes be the case in neighborhoods dominated by seasonal homes (such as vacation areas), and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.