Cheap Apartments for Rent in 46202
148 rentals
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Use arrow keys to navigatePET FRIENDLY$765 - $875/mo
Studio-1 Bed
1 BathSt. Agnes Apartments | 1350 N Meridian St #504,
Indianapolis, IN 46202
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SPECIAL OFFERPET FRIENDLY$975 - $1,940/moStudio-2 Beds1-2 BathsCircle City | 1321 N Meridian St #VD-VD304,
Indianapolis, IN 46202
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PET FRIENDLY$1,135 - $2,425/mo1-3 Beds1-4 BathsRalston Apartments | 1201 Indiana Ave #1503,
Indianapolis, IN 46202
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PET FRIENDLY$1,153 - $2,028/moStudio-2 Beds1-3 BathsThe Waverley Apartments | 140 Pope St #151-114,
Indianapolis, IN 46202
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PET FRIENDLY$1,195 - $2,557/moStudio-2 Beds1-2 BathsVanguard at 16 Tech | 1410 Breedlove Ln #1421,
Indianapolis, 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 stayed about the same in Jun 2026 compared to the previous month. Rent previously peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $1,650 |
| Aug 2025 | $1,650 |
| Sep 2025 | $1,700 |
| Oct 2025 | $1,650 |
| Nov 2025 | $1,600 |
| Dec 2025 | $1,650 |
| Jan 2026 | $1,550 |
| Feb 2026 | $1,736 |
| Mar 2026 | $1,750 |
| Apr 2026 | $1,750 |
| May 2026 | $1,700 |
| Jun 2026 | $1,700 |
Average Rent By Bedroom and Home Type
In July 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 | $1,328 | $1,736 | $2,000 | $3,199 | $1,734 |
| Townhomes | — | $1,950 | $2,495 | $3,499 | $2,900 |
| Apartments and Condos | $1,299 | $1,500 | $1,600 | $3,099 | $1,489 |
| Houses | $1,500 | $1,695 | $2,000 | $2,500 | $2,044 |
Frequently Asked Questions about Rentals in 46202
- What is the average rent of an apartment in 46202?The average rent of an apartment in 46202 is $1,339 per month. This is about 31% lower than the national average.
- When is the average rent cheapest in 46202?In the last year, the average rent in 46202 was lowest in Jan 2025 when it was $1,550 per month.
- When is the average rent most expensive in 46202?In the last year, the average rent in 46202 was highest in Jun 2025 when it was $1,749 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 $1,328 per month. That is about $174 more than the cost of a studio apartment.
- How many available rental listings are in 46202?There are 159 available rental listings 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.
View this page in Spanish: Apartamentos baratos en renta en 46202 - 538 Rentas | Trulia