Cheap Apartments for Rent in 46048

4 rentals

Apartments For Rent Near 46048

We found 30 more apartments matching your filters just outside 46048

Average Rent Trends in 46048

Rent in 46048 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Sep 2026 compared to the previous month. Rent previously peaked in Dec 2025.
MonthAverage rent
Oct 2025$1,725
Nov 2025$1,670
Dec 2025$1,823
Jan 2026$1,935
Feb 2026$1,710
Mar 2026$1,761
Apr 2026$1,639
May 2026$1,750
Jun 2026$1,875
Jul 2026$1,850
Aug 2026$1,845
Sep 2026$1,752
View as a graph

Average Rent By Bedroom and Home Type

In September 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types$800—$1,649$1,950$1,649
Apartments and Condos$800———$800
Houses——$1,649$1,950$1,649

Frequently Asked Questions about Rentals in 46048

  • What is the average rent of an apartment in 46048?
    The average rent of an apartment in 46048 is $800 per month. This is about 59% lower than the national average.
  • What are the cheapest months to find an apartment to rent in 46048?
    Last year, the cheapest month to find an apartment to rent was Mar 2025 when it was $1,295 per month.
  • How many cheap apartments are available in 46048?
    There are 2 apartments to rent that are cheaper than the city’s average rent of $1,649.
  • When is the average rent most expensive in 46048?
    In the last year, the average rent in 46048 was highest in Dec 2025 when it was $1,823 per month.
  • What are some cities near 46048?
    Some nearby cities include: Ingalls, Fortville, Pendleton, Lapel, McCordsville, Fishers. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 46048 - 4,003 Rentas | Trulia