Townhomes For Rent in 46203

20 rentals

Apartments For Rent Near 46203

We found 30 more apartments matching your filters just outside 46203

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 for a townhome increased in Jun 2026 compared to the previous month. Rent for townhomes peaked in Jun 2025.
MonthAverage rent
Jul 2025$1,400
Aug 2025$1,270
Sep 2025$1,075
Oct 2025$1,300
Nov 2025$1,585
Dec 2025$1,535
Jan 2026$1,495
Feb 2026$1,474
Mar 2026$1,465
Apr 2026$1,300
May 2026$1,300
Jun 2026$1,695
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$1,025$1,350$1,700$1,950$1,570
Townhomes$1,000$1,350$1,700—$1,700
Apartments and Condos$1,100$1,395$1,650$849$1,350
Houses$775$1,350$1,749$1,995$1,749

Frequently Asked Questions about Townhomes for rent in 46203

  • What is the average rent of a townhome in 46203?
    The average rent of a townhome in 46203 is $1,700 per month. This is about 13% 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 Sep 2025 when it was $1,075 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 $1,931 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 $1,000 per month. That is about $900 less than the cost of a studio apartment.
  • How many townhomes are available to rent in 46203?
    There are 16 available townhomes 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.