Cheap Apartments for Rent in 46040

24 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 Jun 2026 compared to the previous month. Rent previously peaked in May 2025.
MonthAverage rent
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
Jun 2026$1,600
View as a graph

Average Rent By Bedroom and Home Type

In July 2026, Townhomes were the most affordable home type to rent compared with Houses and Apartments and Condos.
1 bed2 beds3 beds4 bedsAll
All home types$1,451$1,346$1,800$2,395$2,250
Townhomes——$1,800—$1,800
Apartments and Condos$800$1,290$1,700—$4,330
Houses$1,100$1,200$1,800$2,395$2,395

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 $1,345 per month. This is about 31% lower 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 many available rental listings are in 46040?
    There are 21 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.
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 46040 - 202 Rentas | Trulia