Apartments in 46123

8 rentals

Apartments For Rent Near 46123

We found 30 more apartments matching your filters just outside 46123

Average Rent Trends in 46123

Rent in 46123 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment decreased in Jun 2026 compared to the previous month. Rent for apartments peaked in Aug 2025.
MonthAverage rent
Jul 2025$1,385
Aug 2025$1,841
Sep 2025$1,315
Oct 2025$1,455
Nov 2025$1,574
Dec 2025$1,557
Jan 2026$2,227
Feb 2026$1,782
Mar 2026$1,568
Apr 2026$1,643
May 2026$1,761
Jun 2026$1,254
View as a graph

Average Rent By Bedroom and Home Type

In July 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$1,429$1,644$2,060$2,480$2,124
Townhomes——$2,199—$2,199
Apartments and Condos—$1,350$850$14,201$850
Houses—$1,500$2,060$2,399$2,209

Frequently Asked Questions about Apartments and Condos for rent in 46123

  • What is the average rent of an apartment in 46123?
    The average rent of an apartment in 46123 is $1,270 per month. This is about 35% lower than the national average.
  • When is the average rent for an apartment cheapest in 46123?
    In the last year, the average rent in 46123 was lowest in Jan 2025 when it was $1,140 per month.
  • When is the average rent for an apartment most expensive in 46123?
    In the last year, the average rent in 46123 was highest in Aug 2025 when it was $1,841 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 46123?
    The average rent of a 1 bedroom apartment in 46123 is $1,429 per month. That is about $729 more than the cost of a studio apartment.
  • How many apartments or condos are available to rent in 46123?
    There are 13 available apartments or condos to rent in 46123.
  • What are some cities near 46123?
    Some nearby cities include: Avon, Plainfield, Brownsburg, Danville, Speedway, Pittsboro. These cities may have more rental options to explore.