Apartments in 46040

11 rentals

Apartments For Rent Near 46040

We found 27 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 for a apartment decreased in Nov 2026 compared to the previous month. Rent for apartments peaked in Jul 2025.
MonthAverage rent
Dec 2025$1,535
Jan 2026$1,556
Feb 2026$1,630
Mar 2026$1,605
Apr 2026$1,600
May 2026$1,150
Jun 2026$1,012
Jul 2026$1,200
Aug 2026$1,700
Sep 2026$1,698
Oct 2026$1,697
Nov 2026$1,599
View as a graph

Average Rent By Bedroom and Home Type

In November 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,439$1,299$1,700$2,450$1,798
Apartments and Condos—$950$1,798—$1,795
Houses—$1,650$1,700$2,450$2,140

Frequently Asked Questions about Apartments and Condos for rent in 46040

  • What is the average rent of an apartment in 46040?
    The average rent of an apartment in 46040 is $1,597 per month.
  • When is the average rent for an apartment cheapest in 46040?
    In 2025, the average rent for an apartment in 46040 was lowest in September when it was $965 per month.
  • When is the average rent for an apartment most expensive in 46040?
    In 2025, the average rent for an apartment in 46040 was highest in July when it was $1,726 per month.
  • How many apartments or condos are available to rent in 46040?
    There are 11 available apartments or condos to rent in 46040.
  • What are some cities near 46040?
    Some nearby cities include: Fortville, Ingalls, McCordsville, Pendleton, Fishers, Lapel. These cities may have more rental options to explore.