Cheap Apartments for Rent in 46201
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Average Rent Trends in 46201
Rent in 46201 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Sep 2026 compared to the previous month. Rent previously peaked in Nov 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,261 |
| Nov 2025 | $1,310 |
| Dec 2025 | $1,300 |
| Jan 2026 | $1,300 |
| Feb 2026 | $1,325 |
| Mar 2026 | $1,300 |
| Apr 2026 | $1,325 |
| May 2026 | $1,300 |
| Jun 2026 | $1,250 |
| Jul 2026 | $1,249 |
| Aug 2026 | $1,250 |
| Sep 2026 | $1,250 |
Average Rent By Bedroom and Home Type
In October 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $900 | $1,222 | $1,472 | $1,550 | $1,280 |
| Townhomes | $1,178 | $1,400 | $1,456 | — | $1,400 |
| Apartments and Condos | $952 | $1,150 | $1,467 | $1,346 | $1,150 |
| Houses | $825 | $1,233 | $1,511 | $1,700 | $1,350 |
Frequently Asked Questions about Rentals in 46201
- What is the average rent of an apartment in 46201?The average rent of an apartment in 46201 is $1,105 per month. This is about 43% lower than the national average.
- What are the cheapest months to find an apartment to rent in 46201?Last year, the cheapest month to find an apartment to rent was Feb 2025 when it was $1,099 per month.
- How many cheap apartments are available in 46201?There are 156 apartments to rent that are cheaper than the city’s average rent of $1,280.
- When is the average rent most expensive in 46201?In the last year, the average rent in 46201 was highest in Nov 2025 when it was $1,310 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 46201?The average rent of a 1 bedroom apartment in 46201 is $900 per month. That is about $39 more than the cost of a studio apartment.
- What are some cities near 46201?Some nearby cities include: Indianapolis, Beech Grove, Speedway, Southport, Cumberland, Lawrence. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 46201 - 315 Rentas | Trulia