Cheap Apartments for Rent in 46038
67 rentals
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PET FRIENDLY$1,310 - $1,990/mo
1-3 Beds
1-2 BathsLantern Woods Apartments | 10950 Lantern Woods Blvd,
Fishers, IN 46038
SPECIAL OFFERPET FRIENDLY
SPECIAL OFFERPET FRIENDLY$1,325 - $1,762/moStudio-3 Beds1-2 BathsThe Flats at Fishers Marketplace | 9588 Ambleside Dr,
Fishers, IN 46038
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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 decreased in Sep 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $2,185 |
| Nov 2025 | $2,199 |
| Dec 2025 | $2,150 |
| Jan 2026 | $2,245 |
| Feb 2026 | $2,150 |
| Mar 2026 | $2,100 |
| Apr 2026 | $2,159 |
| May 2026 | $2,200 |
| Jun 2026 | $2,300 |
| Jul 2026 | $2,300 |
| Aug 2026 | $2,219 |
| Sep 2026 | $2,175 |
Average Rent By Bedroom and Home Type
In October 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,387 | $1,691 | $2,140 | $2,575 | $2,100 |
| Townhomes | — | $1,750 | $2,295 | — | $2,200 |
| Apartments and Condos | — | $1,600 | $1,900 | — | $1,900 |
| Houses | — | $1,975 | $2,155 | $2,575 | $2,230 |
Frequently Asked Questions about Rentals in 46038
- What is the average rent of an apartment in 46038?The average rent of an apartment in 46038 is $1,729 per month. This is about 11% lower than the national average.
- What are the cheapest months to find an apartment to rent in 46038?Last year, the cheapest month to find an apartment to rent was May 2025 when it was $2,100 per month.
- How many cheap apartments are available in 46038?There are 32 apartments to rent that are cheaper than the city’s average rent of $2,100.
- When is the average rent most expensive in 46038?In the last year, the average rent in 46038 was highest in Jul 2025 when it was $2,300 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 46038?The average rent of a 1 bedroom apartment in 46038 is $1,387 per month. That is about $55 more than the cost of a studio apartment.
- 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.
View this page in Spanish: Apartamentos baratos en renta en 46038 - 287 Rentas | Trulia