Cheap Apartments for Rent in 46151

37 rentals

Apartments For Rent Near 46151

We found 30 more apartments matching your filters just outside 46151

Average Rent Trends in 46151

Rent in 46151 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Sep 2025.
MonthAverage rent
Jun 2025$760
Jul 2025$950
Aug 2025$1,138
Sep 2025$1,145
Oct 2025$1,103
Nov 2025$1,125
Dec 2025$1,095
Jan 2026$1,095
Feb 2026$1,000
Mar 2026$950
Apr 2026$950
May 2026$1,050
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$950$1,100$1,329$2,656$1,050
Apartments and Condos$1,050$1,100——$1,100
Houses$1,365$1,300$1,450$2,656$1,450

Frequently Asked Questions about Rentals in 46151

  • What is the average rent in 46151?
    The average rent in 46151 is $1,050. Rent prices range from $200 to as much as $2,600, depending on the type of rental.
  • How does the rent in 46151 compare to the national average?
    Average rent in 46151 is about 45% lower than the national average rent of $1,910. That means it is less expensive to rent in 46151 compared to the U.S. average.
  • What is the average rent in 46151, by number of bedrooms?
    The average rent in 46151 is $800 for a studio, $950 for a 1 bedroom, $1,100 for a 2 bedroom, $1,329 for a 3 bedroom, and $2,656 for a 4 bedroom.
  • How have rent prices in 46151 changed compared to last year?
    In the past year, the average rent price in 46151 has increased by $100. That means the average rent is 10% higher than last year.
  • How many available rental listings are in 46151?
    There are 26 available rental listings in 46151.
  • What are some cities near 46151?
    Some nearby cities include: Martinsville, Bethany, Brooklyn, Paragon, Monrovia, Mooresville. These cities may have more rental options to explore.