Apartments in 46220

40 rentals

Apartments For Rent Near 46220

We found 30 more apartments matching your filters just outside 46220

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 decreased in Aug 2026 compared to the previous month. Rent for apartments peaked in Jul 2025.
MonthAverage rent
Sep 2025$1,606
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
View as a graph

Average Rent By Bedroom and Home Type

In August 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,317$1,621$1,950$1,967$1,800
Townhomes—$1,550$1,800—$1,800
Apartments and Condos$1,375$1,595$3,886$1,799$1,500
Houses$1,380$1,933$2,095$3,200$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 $1,417 per month. This is about 28% 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 $1,222 per month. That is about $61 more than the cost of a studio apartment.
  • How many apartments or condos are available to rent in 46220?
    There are 39 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.