Apartments in 46220
44 rentals
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1-3 Beds
2-3 BathsCastleton Manor Apartments | 5850 Laketon Dr,
Indianapolis, IN 46220
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NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY$1,297 - $1,526/mo1-2 Beds1-2 BathsEdgewater Apartments | 6701 N College Ave,
Indianapolis, IN 46220
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PET FRIENDLY$1,379 - $2,005/mo1-3 Beds1-3 BathsMonon Place I (Classic and Renovated), Managed by Buckingham Monon Living | 5934 Carvel Ave,
Indianapolis, IN 46220
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Average Rent Trends in 46220
Rent in 46220 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment increased in Sep 2026 compared to the previous month. Rent for apartments peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,457 |
| Nov 2025 | $1,493 |
| Dec 2025 | $1,447 |
| Jan 2026 | $1,358 |
| Feb 2026 | $1,449 |
| Mar 2026 | $1,390 |
| Apr 2026 | $1,417 |
| May 2026 | $1,434 |
| Jun 2026 | $1,519 |
| Jul 2026 | $1,483 |
| Aug 2026 | $1,419 |
| Sep 2026 | $1,447 |
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 | $1,313 | $1,755 | $1,906 | $2,422 | $1,805 |
| Townhomes | — | $1,450 | $1,700 | — | $1,700 |
| Apartments and Condos | $1,400 | $1,700 | $1,700 | $2,456 | $1,700 |
| Houses | $1,250 | $1,850 | $2,050 | $2,422 | $2,000 |
Frequently Asked Questions about Apartments and Condos for rent in 46220
- What is the average rent of an apartment in 46220?The average rent of an apartment in 46220 is $1,478 per month. This is about 24% lower than the national average.
- When is the average rent for an apartment cheapest in 46220?In the last year, the average rent in 46220 was lowest in Jan 2025 when it was $1,399 per month.
- When is the average rent for an apartment most expensive in 46220?In the last year, the average rent in 46220 was highest in Jul 2025 when it was $1,845 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 46220?The average rent of a 1 bedroom apartment in 46220 is $1,251 per month. That is about $156 more than the cost of a studio apartment.
- How many apartments or condos are available to rent in 46220?There are 43 available apartments or condos to rent in 46220.
- What are some cities near 46220?Some nearby cities include: Lawrence, Indianapolis, Carmel, Speedway, Fishers, Cumberland. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos en 46220 - 198 Apartamentos | Trulia