Cheap Apartments for Rent in 46016
93 rentals
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Average Rent Trends in 46016
Rent in 46016 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Sep 2026 compared to the previous month. Rent previously peaked in Oct 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $930 |
| Nov 2025 | $900 |
| Dec 2025 | $888 |
| Jan 2026 | $900 |
| Feb 2026 | $900 |
| Mar 2026 | $900 |
| Apr 2026 | $925 |
| May 2026 | $900 |
| Jun 2026 | $900 |
| Jul 2026 | $875 |
| Aug 2026 | $875 |
| Sep 2026 | $905 |
Average Rent By Bedroom and Home Type
In September 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $750 | $975 | $1,200 | $1,300 | $950 |
| Apartments and Condos | $800 | $1,000 | $1,100 | $1,200 | $900 |
| Houses | $692 | $975 | $1,250 | $1,375 | $1,100 |
Frequently Asked Questions about Rentals in 46016
- What is the average rent of an apartment in 46016?The average rent of an apartment in 46016 is $862 per month. This is about 56% lower than the national average.
- What are the cheapest months to find an apartment to rent in 46016?Last year, the cheapest month to find an apartment to rent was Feb 2025 when it was $350 per month.
- How many cheap apartments are available in 46016?There are 53 apartments to rent that are cheaper than the city’s average rent of $950.
- When is the average rent most expensive in 46016?In the last year, the average rent in 46016 was highest in Oct 2025 when it was $930 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 46016?The average rent of a 1 bedroom apartment in 46016 is $750 per month. That is about $150 more than the cost of a studio apartment.
- What are some cities near 46016?Some nearby cities include: Anderson, Woodlawn Heights, Country Club Heights, River Forest, Edgewood, Chesterfield. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 46016 - 99 Rentas | Trulia