Cheap Apartments for Rent in 46216

5 rentals

Apartments For Rent Near 46216

We found 30 more apartments matching your filters just outside 46216

Average Rent Trends in 46216

Rent in 46216 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Sep 2026 compared to the previous month. Rent previously peaked in Apr 2025.
MonthAverage rent
Oct 2025$1,548
Nov 2025$1,546
Dec 2025$1,321
Jan 2026$1,518
Feb 2026$1,522
Mar 2026$1,531
Apr 2026$1,492
May 2026$1,507
Jun 2026$1,484
Jul 2026$1,486
Aug 2026$1,447
Sep 2026$1,542
View as a graph

Average Rent By Bedroom and Home Type

1 bed2 beds3 beds4 bedsAll
All home types$1,191$1,502$2,001$2,296$1,566
Houses———$2,296$2,296

Frequently Asked Questions about Rentals in 46216

  • What is the average rent of an apartment in 46216?
    The average rent of an apartment in 46216 is $1,500 per month. This is about 23% lower than the national average.
  • What are the cheapest months to find an apartment to rent in 46216?
    Last year, the cheapest month to find an apartment to rent was Dec 2025 when it was $1,321 per month.
  • How many cheap apartments are available in 46216?
    There are 4 apartments to rent that are cheaper than the city’s average rent of $1,566.
  • When is the average rent most expensive in 46216?
    In the last year, the average rent in 46216 was highest in Apr 2025 when it was $1,705 per month.
  • What are some cities near 46216?
    Some nearby cities include: Lawrence, McCordsville, Cumberland, Fishers, Indianapolis, Carmel. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 46216 - 4,125 Rentas | Trulia