Apartments in 46203
70 rentals
Use arrow keys to navigatePET FRIENDLY
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,245 - $2,090/mo
Studio-2 Beds
1-2 BathsCity's End | 1441 Prospect St #1-513,
Indianapolis, IN 46203
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$919 - $999/mo2 Beds1 BathWelcome to Dawson Village Welcome Home! | 2469 Dawson St #2340,
Indianapolis, IN 46203
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PET FRIENDLY$1,249 - $1,349/moStudio-1 Bed1 BathMozzo apartments | 531 Virginia Ave #MZ415,
Indianapolis, IN 46203
PET FRIENDLY$1,121 - $1,687/mo1-4 Beds1-2 BathsKinwood Place | 4901 S Emerson Ave #007383063,
Indianapolis, IN 46203
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Average Rent Trends in 46203
Rent in 46203 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,335 |
| Jul 2025 | $1,290 |
| Aug 2025 | $1,222 |
| Sep 2025 | $1,215 |
| Oct 2025 | $1,313 |
| Nov 2025 | $1,203 |
| Dec 2025 | $1,227 |
| Jan 2026 | $1,249 |
| Feb 2026 | $1,234 |
| Mar 2026 | $1,264 |
| Apr 2026 | $1,317 |
| May 2026 | $1,297 |
Average Rent By Bedroom and Home Type
In May 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,100 | $1,396 | $1,700 | $1,895 | $1,500 |
| Townhomes | $1,050 | $1,300 | $1,695 | — | $1,400 |
| Apartments and Condos | $1,125 | $1,450 | $2,300 | $4,675 | $1,400 |
| Houses | $850 | $1,325 | $1,700 | $1,895 | $1,688 |
Frequently Asked Questions about Apartments and Condos for rent in 46203
- What is the average rent of an apartment in 46203?The average rent of an apartment in 46203 is $1,256 per month. This is about 35% lower than the national average.
- When is the average rent cheapest in 46203?In the last year, the average rent in 46203 was lowest in Mar 2025 when it was $1,110 per month.
- When is the average rent most expensive in 46203?In the last year, the average rent in 46203 was highest in Jun 2025 when it was $1,335 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 46203?The average rent of a 1 bedroom apartment in 46203 is $1,213 per month. That is about $176 more than the cost of a studio apartment.
- How many apartments or condos are available to rent in 46203?There are 78 available apartments or condos to rent in 46203.
- What are some cities near 46203?Some nearby cities include: Beech Grove, Indianapolis, Southport, Cumberland, Speedway, Greenwood. These cities may have more rental options to explore.