Townhomes For Rent in 46203

8 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 stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Jun 2025.
MonthAverage rent
Jun 2025$1,931
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
View as a graph

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 bed2 beds3 beds4 bedsAll
All home types$1,100$1,350$1,700$1,945$1,495
Townhomes$1,050$1,300$1,695—$1,300
Apartments and Condos$1,125$1,450$2,300$879$1,425
Houses$850$1,250$1,749$1,949$1,695

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 $1,300. Rent prices range from $1,050 to as much as $2,650, depending on the type of townhome.
  • How does the rent of a townhome in 46203 compare to the national average?
    Average rent of a townhome in 46203 is about 32% lower than the national average rent of $1,910 for a townhome. That means it is less expensive to rent a townhome in 46203 compared to the U.S. average.
  • What is the average rent of a townhome in 46203, by number of bedrooms?
    The average rent of a townhome in 46203 is $ for a studio, $1,050 for a 1 bedroom, $1,300 for a 2 bedroom, $1,695 for a 3 bedroom, and $ for a 4 bedroom.
  • How have rent prices of a townhome in 46203 changed compared to last year?
    In the past year, the average rent price of a townhome in 46203 has decreased by $100. That means the average rent of a townhome is 8% lower than last year.
  • How many townhomes are available to rent in 46203?
    There are 8 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.