Townhomes For Rent in 46038

5 rentals

Apartments For Rent Near 46038

We found 30 more apartments matching your filters just outside 46038

Average Rent Trends in 46038

Rent in 46038 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Nov 2025.
MonthAverage rent
Jun 2025$2,400
Jul 2025$2,399
Aug 2025$2,345
Sep 2025$2,275
Oct 2025$2,295
Nov 2025$2,470
Dec 2025$2,150
Jan 2026$2,475
Feb 2026$2,250
Mar 2026$2,175
Apr 2026$2,300
May 2026$2,300
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,348$1,695$2,250$2,840$2,200
Townhomes—$2,200$2,395$3,300$2,300
Apartments and Condos—$1,650$2,100$8,523$1,798
Houses—$2,150$2,295$2,750$2,390

Frequently Asked Questions about Townhomes for rent in 46038

  • What is the average rent of a townhome in 46038?
    The average rent of a townhome in 46038 is $2,300 per month. This is about 19% higher than the national average.
  • When is the average rent cheapest in 46038?
    In the last year, the average rent in 46038 was lowest in Dec 2025 when it was $2,150 per month.
  • When is the average rent most expensive in 46038?
    In the last year, the average rent in 46038 was highest in Nov 2025 when it was $2,470 per month.
  • How many townhomes are available to rent in 46038?
    There are 10 available townhomes to rent in 46038.
  • What are some cities near 46038?
    Some nearby cities include: Fishers, Carmel, Lawrence, Noblesville, McCordsville, Westfield. These cities may have more rental options to explore.