Cheap Apartments for Rent in 46151

29 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 Jun 2026 compared to the previous month. Rent previously peaked in Sep 2025.
MonthAverage rent
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
Jun 2026$1,095
View as a graph

Average Rent By Bedroom and Home Type

In June 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$950$1,100$1,700$2,142$1,068
Townhomes——$1,500—$1,500
Apartments and Condos$950$1,100——$950
Houses$850—$1,700$2,142$1,850

Frequently Asked Questions about Rentals in 46151

  • What is the average rent of an apartment in 46151?
    The average rent of an apartment in 46151 is $990 per month. This is about 49% lower than the national average.
  • What is the average rent of a house in 46151?
    The average rent of a house in 46151 is $1,850 per month. This is about 5% lower than the national average.
  • What is the average rent of a townhome in 46151?
    The average rent of a townhome in 46151 is $1,500 per month. This is about 23% lower than the national average.
  • When is the average rent cheapest in 46151?
    In the last year, the average rent in 46151 was lowest in Jun 2025 when it was $760 per month.
  • When is the average rent most expensive in 46151?
    In the last year, the average rent in 46151 was highest in Sep 2025 when it was $1,145 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 46151?
    The average rent of a 1 bedroom apartment in 46151 is $950 per month. That is about $100 more than the cost of a studio apartment.
  • How many available rental listings are in 46151?
    There are 28 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.