Cheap Apartments for Rent in 46208
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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 Oct 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| 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 |
| Jun 2026 | $1,250 |
| Jul 2026 | $1,190 |
| Aug 2026 | $1,300 |
| Sep 2026 | $1,379 |
| Oct 2026 | $1,365 |
Average Rent By Bedroom and Home Type
In October 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 | $910 | $1,150 | $1,500 | $2,400 | $1,365 |
| Townhomes | — | $1,300 | $1,617 | $1,795 | $1,617 |
| Apartments and Condos | $950 | $1,100 | $1,350 | $957 | $1,050 |
| Houses | $850 | $1,200 | $1,545 | $2,500 | $1,600 |
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 $1,441 per month. This is about 25% lower than the national average.
- What are the cheapest months to find an apartment to rent in 46208?Last year, the cheapest month to find an apartment to rent was Jan 2025 when it was $1,200 per month.
- How many cheap apartments are available in 46208?There are 103 apartments to rent that are cheaper than the city’s average rent of $1,365.
- 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 $910 per month. That is about $160 more than the cost of a studio apartment.
- 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.
View this page in Spanish: Apartamentos baratos en renta en 46208 - 289 Rentas | Trulia