Apartments in 46202
136 rentals
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- $1,502 - $2,561/moStudio-2 Beds1-2 BathsCosmopolitan on the Canal | 310 W Michigan St,
Indianapolis, IN 46202 - $1,270 - $1,500/mo1-2 Beds1-2 BathsTemple Lofts | 1226 Dr Martin Luther King Jr St,
Indianapolis, IN 46202 - $1,450 - $1,800/mo1-2 Beds1 BathThe Chloe | 1401 Dr Martin Luther King Jr St,
Indianapolis, IN 46202 Save Search in 46202
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Average Rent Trends in 46202
Rent in 46202 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment increased in Aug 2026 compared to the previous month. Rent for apartments peaked in Sep 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $1,513 |
| Oct 2025 | $1,153 |
| Nov 2025 | $1,284 |
| Dec 2025 | $1,290 |
| Jan 2026 | $1,396 |
| Feb 2026 | $1,430 |
| Mar 2026 | $1,490 |
| Apr 2026 | $1,418 |
| May 2026 | $1,312 |
| Jun 2026 | $1,298 |
| Jul 2026 | $1,332 |
| Aug 2026 | $1,371 |
Average Rent By Bedroom and Home Type
In August 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 | $1,277 | $1,550 | $2,100 | $3,906 | $1,550 |
| Townhomes | $1,300 | $1,650 | $2,100 | $6,850 | $2,899 |
| Apartments and Condos | $1,025 | $1,500 | $2,000 | $2,749 | $1,500 |
| Houses | $1,500 | $2,000 | $1,950 | $4,750 | $2,250 |
Frequently Asked Questions about Apartments and Condos for rent in 46202
- What is the average rent of an apartment in 46202?The average rent of an apartment in 46202 is $1,326 per month. This is about 32% lower than the national average.
- When is the average rent for an apartment cheapest in 46202?In the last year, the average rent in 46202 was lowest in Oct 2025 when it was $1,153 per month.
- When is the average rent for an apartment most expensive in 46202?In the last year, the average rent in 46202 was highest in Sep 2025 when it was $1,513 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 46202?The average rent of a 1 bedroom apartment in 46202 is $1,156 per month. That is about $212 more than the cost of a studio apartment.
- How many apartments or condos are available to rent in 46202?There are 133 available apartments or condos to rent in 46202.
- What are some cities near 46202?Some nearby cities include: Indianapolis, Speedway, Beech Grove, Southport, Lawrence, Cumberland. These cities may have more rental options to explore.
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