Cheap Apartments for Rent in 46204
43 rentals
- PET FRIENDLY$950 - $1,100/mo1 Bed1 BathIndy Christian Place Apartments LLC | 824 N Alabama St,
Indianapolis, IN 46204 - APPLY INSTANTLYPET FRIENDLY
- SPECIAL OFFERPET FRIENDLY$1,050 - $1,200/mo1 Bed1 BathIndy Downtown Colonial Apartments | 126 E Vermont St,
Indianapolis, IN 46204 - SPECIAL OFFERPET FRIENDLY
- PET FRIENDLY
- PET FRIENDLY$1,140 - $1,895/moStudio-2 Beds1-2 BathsHarness Factory Lofts | 30 E Georgia St,
Indianapolis, IN 46204 - PET FRIENDLY$1,165 - $2,055/moStudio-2 Beds1-2 BathsThe Congress at Library Square | 923 N Meridian St,
Indianapolis, IN 46204 - $1,199 - $1,499/mo1-2 Beds1 BathPenn Street Tower Apartments | 115 N Pennsylvania St,
Indianapolis, IN 46204 - $1,267 - $2,143/moStudio-2 Beds1-2 BathsCirca Apartments | 617 N College Ave,
Indianapolis, IN 46204 - $1,296 - $3,097/moStudio-1 Bed1-2 BathsPenrose on Mass | 530 Massachusetts Ave,
Indianapolis, IN 46204 - $1,300 - $3,346/moStudio-3 Beds1-2 BathsThe Whit Apartments | 307 N Pennsylvania St,
Indianapolis, IN 46204 - $1,310 - $2,100/mo1-2 Beds1-2 BathsBlacherne At Vermont Place | 402 N Meridian St,
Indianapolis, IN 46204 - $1,329 - $3,646/moStudio-3 Beds1-2 BathsIndustry Indianapolis | 421 N Pennsylvania St,
Indianapolis, IN 46204 - $1,349 - $2,499/mo1-2 Beds1-2 BathsThe Pointe on Mass | 525 Massachusetts Ave,
Indianapolis, IN 46204 - $1,435 - $1,635/mo1-2 Beds2 BathsThe Plaza at Library Square | 902 N Pennsylvania St,
Indianapolis, IN 46204 - $1,437 - $1,920/mo1-2 Beds1-2 BathsLockerbie Court on Mass Ave | 459 Massachusetts Ave,
Indianapolis, IN 46204 Save Search in 46204
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Average Rent Trends in 46204
Rent in 46204 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Aug 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $1,849 |
| Oct 2025 | $1,822 |
| Nov 2025 | $1,850 |
| Dec 2025 | $1,763 |
| Jan 2026 | $1,850 |
| Feb 2026 | $1,840 |
| Mar 2026 | $1,894 |
| Apr 2026 | $2,066 |
| May 2026 | $2,087 |
| Jun 2026 | $1,795 |
| Jul 2026 | $1,836 |
| Aug 2026 | $1,795 |
Average Rent By Bedroom and Home Type
In August 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,536 | $1,975 | $3,133 | — | $1,722 |
| Townhomes | — | — | $3,133 | — | $3,133 |
| Apartments and Condos | $2,198 | $1,795 | — | — | $1,950 |
Frequently Asked Questions about Rentals in 46204
- What is the average rent of an apartment in 46204?The average rent of an apartment in 46204 is $2,038 per month. This is about 4% higher than the national average.
- When is the average rent cheapest in 46204?In the last year, the average rent in 46204 was lowest in Feb 2025 when it was $1,530 per month.
- When is the average rent most expensive in 46204?In the last year, the average rent in 46204 was highest in Aug 2025 when it was $1,892 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 46204?The average rent of a 1 bedroom apartment in 46204 is $1,536 per month. That is about $136 more than the cost of a studio apartment.
- How many available rental listings are in 46204?There are 47 available rental listings in 46204.
- What are some cities near 46204?Some nearby cities include: Indianapolis, Speedway, Beech Grove, Southport, Cumberland, Lawrence. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 46204 - 478 Rentas | Trulia