Cheap Apartments for Rent in 46208
173 rentals
Use arrow keys to navigateNEW - 22 HRS AGOPET FRIENDLY$629 - $849/mo
Studio-1 Bed
1-2 BathsMeridian Towers | 3710 N Meridian St #205,
Indianapolis, IN 46208
Use arrow keys to navigate$665 - $1,199/moStudio-2 Beds1-2 BathsParkway Apartments | 3707 N Meridian St #ba283824c,
Indianapolis, IN 46208
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Use arrow keys to navigate$725 - $799/mo1-2 Beds1 BathThe Star Apartments | 3736 N Meridian St #06109f83b,
Indianapolis, IN 46208
Use arrow keys to navigatePET FRIENDLY
Use arrow keys to navigatePET FRIENDLY
PET FRIENDLY$760 - $880/mo1-2 Beds1 Bath3541 N Meridian St | 3541 N Meridian St #c1f812c64,
Indianapolis, IN 46208
SPECIAL OFFERPET FRIENDLY
PET FRIENDLY
SPECIAL OFFERPET FRIENDLY
PET FRIENDLY
NEW - 2 DAYS AGOROOM FOR RENT
ROOM FOR RENT
PET FRIENDLYINCOME RESTRICTED
PET FRIENDLY
APPLY INSTANTLYPET FRIENDLY$855 - $1,150/mo1-2 Beds1 BathMeridian Living II | 3310 N Meridian St #SERENITY1,
Indianapolis, IN 46208
ROOM FOR RENT
ROOM FOR RENT
ROOM FOR RENT
ROOM FOR RENT
ROOM FOR RENT
SPECIAL OFFERPET FRIENDLY
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
PET FRIENDLY
ROOM FOR RENT
SPECIAL OFFERPET FRIENDLY$925 - $1,961/mo1-3 Beds1-2 BathsCityView on Meridian | 3801 N Meridian St #1607,
Indianapolis, IN 46208
NEW - 2 DAYS AGOFURNISHEDROOM FOR RENT
PET FRIENDLY
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Average Rent Trends in 46208
Rent in 46208 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 May 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,400 |
| Jul 2025 | $1,450 |
| Aug 2025 | $1,431 |
| Sep 2025 | $1,400 |
| Oct 2025 | $1,395 |
| Nov 2025 | $1,400 |
| Dec 2025 | $1,350 |
| Jan 2026 | $1,350 |
| Feb 2026 | $1,350 |
| Mar 2026 | $1,500 |
| Apr 2026 | $1,475 |
| May 2026 | $1,395 |
Average Rent By Bedroom and Home Type
In May 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 | $999 | $1,225 | $1,551 | $2,100 | $1,395 |
| Townhomes | $1,067 | $1,120 | $1,824 | $1,895 | $1,824 |
| Apartments and Condos | $1,011 | $1,200 | $1,349 | $983 | $1,190 |
| Houses | $1,000 | $1,308 | $1,600 | $2,152 | $1,800 |
Frequently Asked Questions about Rentals in 46208
- What is the average rent of an apartment in 46208?The average rent of an apartment in 46208 is $935 per month. This is about 52% lower than the national average.
- What is the average rent of a house in 46208?The average rent of a house in 46208 is $1,800 per month. This is about 7% lower than the national average.
- What is the average rent of a townhome in 46208?The average rent of a townhome in 46208 is $1,750 per month. This is about 9% lower than the national average.
- When is the average rent cheapest in 46208?In the last year, the average rent in 46208 was lowest in Jan 2025 when it was $1,200 per month.
- When is the average rent most expensive in 46208?In the last year, the average rent in 46208 was highest in May 2025 when it was $1,450 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 46208?The average rent of a 1 bedroom apartment in 46208 is $1,000 per month. That is about $250 more than the cost of a studio apartment.
- How many available rental listings are in 46208?There are 178 available rental listings in 46208.
- What are some cities near 46208?Some nearby cities include: Indianapolis, Speedway, Beech Grove, Carmel, Lawrence, Brownsburg. These cities may have more rental options to explore.