Cheap Apartments for Rent in 46142
45 rentals
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SPECIAL OFFERPET FRIENDLY
NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY$990 - $1,525/mo
1-3 Beds
1-2 BathsWestminster Apartments and Townhomes | 921 Parliament Pl,
Greenwood, IN 46142
PET FRIENDLY$993 - $1,228/mo1-2 Beds1 BathThe Court at Sandstone Apartments | 1039A N Paz Dr,
Greenwood, IN 46142
PET FRIENDLY$1,089 - $1,279/mo1-2 Beds1 BathStonehedge Apartments | 1563 Stonehedge West Dr,
Greenwood, IN 46142
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SPECIAL OFFERPET FRIENDLY$1,197 - $1,837/moStudio-2 Beds1-2 BathsMadison at Greenwood | 523 S Madison Ave,
Greenwood, IN 46142
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$1,300 - $1,400/mo2-3 Beds2 BathsWinterbrook Manufactured Home Community | 4377 W County Line Rd,
Greenwood, IN 46142
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SPECIAL OFFERPET FRIENDLY$1,445 - $2,295/mo1-3 Beds1-2 BathsMaverick Modern Apartments | 370 Homestead Ave,
Greenwood, IN 46142
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NEW - 13 HRS AGOAPPLY INSTANTLY
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Average Rent Trends in 46142
Rent in 46142 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Aug 2026 compared to the previous month. Rent previously peaked in Nov 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $1,364 |
| Oct 2025 | $1,417 |
| Nov 2025 | $1,650 |
| Dec 2025 | $1,570 |
| Jan 2026 | $1,417 |
| Feb 2026 | $1,403 |
| Mar 2026 | $1,456 |
| Apr 2026 | $1,399 |
| May 2026 | $1,375 |
| Jun 2026 | $1,400 |
| Jul 2026 | $1,527 |
| Aug 2026 | $1,417 |
Average Rent By Bedroom and Home Type
In August 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,009 | $1,265 | $1,661 | $2,084 | $1,450 |
| Townhomes | — | $1,300 | — | — | $1,300 |
| Apartments and Condos | $950 | $1,395 | $1,500 | — | $1,250 |
| Houses | $1,400 | $1,300 | $1,794 | $2,084 | $1,818 |
Frequently Asked Questions about Rentals in 46142
- What is the average rent of an apartment in 46142?The average rent of an apartment in 46142 is $1,158 per month. This is about 41% lower than the national average.
- When is the average rent cheapest in 46142?In the last year, the average rent in 46142 was lowest in Aug 2025 when it was $1,232 per month.
- When is the average rent most expensive in 46142?In the last year, the average rent in 46142 was highest in Nov 2025 when it was $1,650 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 46142?The average rent of a 1 bedroom apartment in 46142 is $1,009 per month. That is about $186 more than the cost of a studio apartment.
- How many available rental listings are in 46142?There are 37 available rental listings in 46142.
- What are some cities near 46142?Some nearby cities include: Greenwood, Southport, New Whiteland, Bargersville, Whiteland, Beech Grove. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 46142 - 274 Rentas | Trulia