Cheap Apartments for Rent in 46214

29 rentals

Apartments For Rent Near 46214

We found 30 more apartments matching your filters just outside 46214

Average Rent Trends in 46214

Rent in 46214 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Sep 2026 compared to the previous month. Rent previously peaked in May 2025.
MonthAverage rent
Oct 2025$1,794
Nov 2025$1,700
Dec 2025$1,650
Jan 2026$1,695
Feb 2026$1,484
Mar 2026$1,437
Apr 2026$1,371
May 2026$1,380
Jun 2026$1,589
Jul 2026$1,414
Aug 2026$1,475
Sep 2026$1,420
View as a graph

Average Rent By Bedroom and Home Type

In October 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$1,056$1,319$1,820$1,830$1,434
Townhomes—$1,500—$1,830$1,500
Apartments and Condos—$1,499—$1,795$1,795
Houses——$1,895$2,155$1,895

Frequently Asked Questions about Rentals in 46214

  • What is the average rent of an apartment in 46214?
    The average rent of an apartment in 46214 is $1,490 per month. This is about 23% lower than the national average.
  • What are the cheapest months to find an apartment to rent in 46214?
    Last year, the cheapest month to find an apartment to rent was Jan 2025 when it was $1,285 per month.
  • How many cheap apartments are available in 46214?
    There are 15 apartments to rent that are cheaper than the city’s average rent of $1,434.
  • When is the average rent most expensive in 46214?
    In the last year, the average rent in 46214 was highest in May 2025 when it was $1,895 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 46214?
    The average rent of a 1 bedroom apartment in 46214 is $1,056 per month. That is about $228 more than the cost of a studio apartment.
  • What are some cities near 46214?
    Some nearby cities include: Speedway, Avon, Brownsburg, Indianapolis, Plainfield, Pittsboro. These cities may have more rental options to explore.