Cheap Apartments for Rent in 46218
172 rentals
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Use arrow keys to navigatePET FRIENDLYINCOME RESTRICTED$642 - $1,454/mo
1-3 Beds
1-2 BathsEmerson Place Apartments | 2110 Emerson Knoll Pl,
Indianapolis, IN 46218
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Use arrow keys to navigateSPECIAL OFFER$749 - $1,349/moStudio-4 Beds1-2 BathsThe Commons on 25th | 2372 Beckwith Dr,
Indianapolis, IN 46218
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Average Rent Trends in 46218
Rent in 46218 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Sep 2026 compared to the previous month. Rent previously peaked in Apr 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,200 |
| Nov 2025 | $1,200 |
| Dec 2025 | $1,200 |
| Jan 2026 | $1,200 |
| Feb 2026 | $1,200 |
| Mar 2026 | $1,150 |
| Apr 2026 | $1,200 |
| May 2026 | $1,200 |
| Jun 2026 | $1,200 |
| Jul 2026 | $1,200 |
| Aug 2026 | $1,200 |
| Sep 2026 | $1,200 |
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 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $850 | $1,100 | $1,400 | $1,570 | $1,200 |
| Townhomes | — | — | $1,093 | — | $1,093 |
| Apartments and Condos | $900 | $1,100 | $1,700 | $789 | $1,100 |
| Houses | $850 | $1,097 | $1,400 | $1,600 | $1,295 |
Frequently Asked Questions about Rentals in 46218
- What is the average rent of an apartment in 46218?The average rent of an apartment in 46218 is $899 per month. This is about 54% lower than the national average.
- What are the cheapest months to find an apartment to rent in 46218?Last year, the cheapest month to find an apartment to rent was Feb 2025 when it was $995 per month.
- How many cheap apartments are available in 46218?There are 92 apartments to rent that are cheaper than the city’s average rent of $1,200.
- When is the average rent most expensive in 46218?In the last year, the average rent in 46218 was highest in Apr 2025 when it was $1,200 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 46218?The average rent of a 1 bedroom apartment in 46218 is $850 per month. That is about $101 more than the cost of a studio apartment.
- What are some cities near 46218?Some nearby cities include: Indianapolis, Beech Grove, Lawrence, Speedway, Cumberland, Southport. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 46218 - 201 Rentas | Trulia