Apartments For Rent By Private Owner in 46038

12 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 decreased in Oct 2026 compared to the previous month. Rent previously peaked in Jul 2025.
MonthAverage rent
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
Oct 2026$2,127
View as a graph

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 bed2 beds3 beds4 bedsAll
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.
  • 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 $1,387 per month. That is about $55 more than the cost of a studio apartment.
  • How many available rental listings are in 46038?
    There are 71 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.