Cheap Apartments for Rent in 46142

28 rentals

Apartments For Rent Near 46142

We found 30 more apartments matching your filters just outside 46142

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 May 2026 compared to the previous month. Rent previously peaked in Nov 2025.
MonthAverage rent
Jun 2025$1,300
Jul 2025$1,396
Aug 2025$1,232
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
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,099$1,300$1,728$1,965$1,375
Townhomes—$1,300——$1,300
Apartments and Condos$1,375$1,293$1,400—$1,375
Houses—$1,300$1,850$1,965$1,850

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 $1,244 per month. This is about 36% lower than the national average.
  • What is the average rent of a house in 46142?
    The average rent of a house in 46142 is $1,850 per month. This is about 4% lower than the national average.
  • What is the average rent of a townhome in 46142?
    The average rent of a townhome in 46142 is $1,300 per month. This is about 33% 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 many available rental listings are in 46142?
    There are 26 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.