Apartments in 46140

28 rentals

Apartments For Rent Near 46140

We found 30 more apartments matching your filters just outside 46140

Average Rent Trends in 46140

Rent in 46140 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 Nov 2025.
MonthAverage rent
Jun 2025$1,333
Jul 2025$1,310
Aug 2025$1,083
Sep 2025$1,254
Oct 2025$1,438
Nov 2025$1,539
Dec 2025$1,519
Jan 2026$1,530
Feb 2026$1,518
Mar 2026$1,497
Apr 2026$1,527
May 2026$1,259
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 Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,151$1,350$1,803$2,192$1,765
Apartments and Condos$999$1,100$1,550—$999
Houses$900$1,500$1,805$2,193$2,000

Frequently Asked Questions about Apartments and Condos for rent in 46140

  • What is the average rent of an apartment in 46140?
    The average rent of an apartment in 46140 is $1,285 per month. This is about 33% lower than the national average.
  • When is the average rent cheapest in 46140?
    In the last year, the average rent in 46140 was lowest in Feb 2025 when it was $1,081 per month.
  • When is the average rent most expensive in 46140?
    In the last year, the average rent in 46140 was highest in Nov 2025 when it was $1,539 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 46140?
    The average rent of a 1 bedroom apartment in 46140 is $1,041 per month. That is about $342 more than the cost of a studio apartment.
  • How many apartments or condos are available to rent in 46140?
    There are 29 available apartments or condos to rent in 46140.
  • What are some cities near 46140?
    Some nearby cities include: Greenfield, Spring Lake, Charlottesville, New Palestine, McCordsville, Wilkinson. These cities may have more rental options to explore.