Apartments For Rent in 46040

12 rentals

Apartments For Rent Near 46040

We found 30 more apartments matching your filters just outside 46040

Average Rent Trends in 46040

Rent in 46040 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in May 2025.
MonthAverage rent
Jun 2025$1,826
Jul 2025$2,209
Aug 2025$2,205
Sep 2025$2,200
Oct 2025$1,999
Nov 2025$2,020
Dec 2025$1,900
Jan 2026$1,900
Feb 2026$1,895
Mar 2026$1,811
Apr 2026$1,800
May 2026$1,699
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 Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,100$1,292$1,800$3,000$1,650
Apartments and Condos$950$795$1,699—$1,699
Houses$1,100$1,650$3,900$3,000$3,000

Frequently Asked Questions about Rentals in 46040

  • What is the average rent of an apartment in 46040?
    The average rent of an apartment in 46040 is $1,549 per month. This is about 20% lower than the national average.
  • What is the average rent of a house in 46040?
    The average rent of a house in 46040 is $3,000 per month. This is about 55% higher than the national average.
  • When is the average rent cheapest in 46040?
    In the last year, the average rent in 46040 was lowest in Jan 2025 when it was $1,815 per month.
  • When is the average rent most expensive in 46040?
    In the last year, the average rent in 46040 was highest in May 2025 when it was $2,600 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 46040?
    The average rent of a 1 bedroom apartment in 46040 is $1,100 per month. That is about $475 more than the cost of a studio apartment.
  • How many available rental listings are in 46040?
    There are 12 available rental listings in 46040.
  • What are some cities near 46040?
    Some nearby cities include: Fortville, Ingalls, McCordsville, Pendleton, Fishers, Greenfield. These cities may have more rental options to explore.