Cheap Apartments for Rent in 46038
60 rentals
Use arrow keys to navigatePET FRIENDLY
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Use arrow keys to navigatePET FRIENDLY$1,240 - $1,640/mo
1-2 Beds
1-2 BathsSunblest Apartments | 11757 Garden Cir E #43-11940,
Fishers, IN 46038
Use arrow keys to navigatePET FRIENDLY$1,247 - $1,913/mo1-3 Beds1-2 BathsLantern Woods Apartments | 10950 Lantern Woods Blvd #8-208,
Fishers, IN 46038
Use arrow keys to navigatePET FRIENDLY$1,250 - $1,830/mo1-3 Beds1-2 BathsSunlake Apartments | 12347 Windsor Dr #32-12317,
Fishers, IN 46038
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,260 - $1,386/mo1-2 Beds1-2 BathsMetropolitan Fishers | 10190 Allisonville Rd #1528,
Fishers, IN 46038
Use arrow keys to navigateNEW - 18 HRS AGOSPECIAL OFFERPET FRIENDLY$1,307 - $1,989/moStudio-3 Beds1-2 BathsThe Flats at Fishers Marketplace | 9588 Ambleside Dr #9726-127,
Fishers, IN 46038
SPECIAL OFFERPET FRIENDLY
PET FRIENDLY$1,342 - $2,599/moStudio-2 Beds1-2 BathsNickel Plate Station | 8700 E 116th St #W510,
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 increased in May 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,200 |
| Jul 2025 | $2,300 |
| Aug 2025 | $2,100 |
| Sep 2025 | $2,177 |
| Oct 2025 | $2,185 |
| Nov 2025 | $2,199 |
| Dec 2025 | $2,150 |
| Jan 2026 | $2,245 |
| Feb 2026 | $2,162 |
| Mar 2026 | $2,100 |
| Apr 2026 | $2,160 |
| May 2026 | $2,200 |
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 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| 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 Rentals in 46038
- What is the average rent of an apartment in 46038?The average rent of an apartment in 46038 is $1,750 per month. This is about 9% lower than the national average.
- What is the average rent of a house in 46038?The average rent of a house in 46038 is $2,390 per month. This is about 24% higher than the national average.
- 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 May 2025 when it was $2,100 per month.
- 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 $1,348 per month. That is about $25 less than the cost of a studio apartment.
- How many available rental listings are in 46038?There are 70 available rental listings 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.