Townhomes For Rent in 46038

10 rentals

Apartments For Rent Near 46038

We found 25 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 for a townhome stayed about the same in Aug 2026 compared to the previous month. Rent for townhomes peaked in Nov 2025.
MonthAverage rent
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
Jun 2026$2,299
Jul 2026$2,299
Aug 2026$2,317
View as a graph

Average Rent By Bedroom and Home Type

In August 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$1,422$1,831$2,201$2,576$2,179
Townhomes—$1,900$2,500—$2,350
Apartments and Condos—$1,950$1,950—$1,950
Houses—$1,895$2,201$2,576$2,300

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 $2,350 per month. This is about 20% higher than the national average.
  • When is the average rent for a townhome 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 for a townhome 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 does the rent of a 3 bedroom townhome compare to a 2 bedroom townhome in 46038?
    The average rent of a 3 bedroom townhome in 46038 is $2,500 per month. That is about $600 more than the cost of a 2 bedroom townhome.
  • How many townhomes are available to rent in 46038?
    There are 15 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.