Cheap Apartments for Rent in 46220
76 rentals
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$919 - $1,474/mo
1-3 Beds
1-2 BathsSummit at Keystone | 6630 Glenbrook Dr #2736T-2A,
Indianapolis, IN 46220
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$950 - $1,400/mo1-3 Beds1-2 BathsWilliamsburg North | 4430 Brookline Ct #510,
Indianapolis, IN 46220
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$950 - $1,370/mo1-2 Beds1-2 BathsTrails at Lakeside | 3836 Arbor Green Ln #3736-313,
Indianapolis, IN 46220
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Use arrow keys to navigateNEW - 3 HRS AGOSPECIAL OFFERPET FRIENDLY$999 - $1,925/mo1-3 Beds2-3 BathsCastleton Manor Apartments | 5850 Laketon Dr,
Indianapolis, IN 46220
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SPECIAL OFFERPET FRIENDLY$1,104 - $5,104/moStudio-2 Beds1-2 BathsRiver House | 6311 E Westfield Blvd #607,
Indianapolis, IN 46220
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PET FRIENDLY$1,176 - $1,226/mo2 Beds1-2 BathsBroad Ripple Flats | 6026 N College Ave #cae7663a5,
Indianapolis, IN 46220
PET FRIENDLY$1,180 - $1,325/mo1-2 Beds1 BathMonon Court, Managed by Buckingham Monon Living | 6104 Compton St #6136-2A,
Indianapolis, IN 46220
SPECIAL OFFERPET FRIENDLY$1,186 - $2,073/mo1-3 Beds1-3 BathsTGM Avalon Lake | 6724 Greenshire Dr #5738,
Indianapolis, IN 46220
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PET FRIENDLY$1,255 - $1,765/mo2 Beds1-2 BathsBroad Ripple Townhomes | 6184A Carvel Ave #CC10,
Indianapolis, IN 46220
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SPECIAL OFFERPET FRIENDLY
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SPECIAL OFFERPET FRIENDLY$1,304 - $2,189/moStudio-2 Beds1-2 BathsAYR Apartments | 6160 N Rural St #1-1228,
Indianapolis, IN 46220
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SPECIAL OFFERPET FRIENDLY$1,351 - $1,426/mo1-2 Beds1-2 BathsEdgewater Apartments | 6701 N College Ave #207,
Indianapolis, IN 46220
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PET FRIENDLY$1,400 - $2,300/moStudio-3 Beds1-3 BathsMonon Place II (Modern), Managed by Buckingham Monon Living | 1111 E 61st St #1214,
Indianapolis, IN 46220
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PET FRIENDLY$1,462 - $1,712/mo1-2 Beds1-2 BathsMonon Place I (Classic and Renovated), Managed by Buckingham Monon Living | 5934 Carvel Ave #1005GC,
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 increased in May 2026 compared to the previous month. Rent previously peaked in Apr 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,795 |
| Jul 2025 | $1,850 |
| Aug 2025 | $1,799 |
| Sep 2025 | $1,793 |
| Oct 2025 | $1,759 |
| Nov 2025 | $1,734 |
| Dec 2025 | $1,717 |
| Jan 2026 | $1,700 |
| Feb 2026 | $1,700 |
| Mar 2026 | $1,713 |
| Apr 2026 | $1,700 |
| May 2026 | $1,801 |
Average Rent By Bedroom and Home Type
In May 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 | $1,307 | $1,750 | $2,011 | $2,500 | $1,818 |
| Townhomes | $1,400 | $1,675 | $2,500 | — | $1,675 |
| Apartments and Condos | $1,200 | $1,850 | $1,849 | — | $1,750 |
| Houses | $1,350 | $2,000 | $2,295 | $3,125 | $2,295 |
Frequently Asked Questions about Rentals in 46220
- What is the average rent of an apartment in 46220?The average rent of an apartment in 46220 is $1,383 per month. This is about 28% lower than the national average.
- What is the average rent of a house in 46220?The average rent of a house in 46220 is $2,295 per month. This is about 19% higher than the national average.
- What is the average rent of a townhome in 46220?The average rent of a townhome in 46220 is $1,675 per month. This is about 13% lower than the national average.
- When is the average rent cheapest in 46220?In the last year, the average rent in 46220 was lowest in Mar 2025 when it was $1,650 per month.
- When is the average rent most expensive in 46220?In the last year, the average rent in 46220 was highest in Apr 2025 when it was $1,850 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 $1,307 per month. That is about $33 less than the cost of a studio apartment.
- How many available rental listings are in 46220?There are 84 available rental listings 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.