Apartments in 46131

16 rentals

Apartments For Rent Near 46131

We found 30 more apartments matching your filters just outside 46131

Average Rent Trends in 46131

Rent in 46131 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 Jan 2025.
MonthAverage rent
Jun 2025$1,260
Jul 2025$1,151
Aug 2025$1,124
Sep 2025$1,225
Oct 2025$1,208
Nov 2025$1,263
Dec 2025$1,278
Jan 2026$1,232
Feb 2026$1,291
Mar 2026$1,216
Apr 2026$1,414
May 2026$1,398
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 Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,124$1,300$1,865$1,997$1,865
Townhomes—$1,300——$1,300
Apartments and Condos$800$1,177$1,299—$1,177
Houses—$1,350$1,870$1,997$1,943

Frequently Asked Questions about Apartments and Condos for rent in 46131

  • What is the average rent of an apartment in 46131?
    The average rent of an apartment in 46131 is $1,410 per month. This is about 27% lower than the national average.
  • When is the average rent cheapest in 46131?
    In the last year, the average rent in 46131 was lowest in Aug 2025 when it was $1,124 per month.
  • When is the average rent most expensive in 46131?
    In the last year, the average rent in 46131 was highest in Jan 2025 when it was $1,492 per month.
  • How many apartments or condos are available to rent in 46131?
    There are 14 available apartments or condos to rent in 46131.
  • What are some cities near 46131?
    Some nearby cities include: Franklin, Whiteland, Needham, New Whiteland, Princes Lakes, Edinburgh. These cities may have more rental options to explore.