Cheap Apartments for Rent in 46220
88 rentals
- NEW - 1 DAY AGO
- SPECIAL OFFERPET FRIENDLY$850 - $1,700/mo1-4 Beds1-2 BathsWilliamsburg North | 4430 Brookline Ct #510,
Indianapolis, IN 46220 - PET FRIENDLY
- SPECIAL OFFERPET FRIENDLY$895 - $1,595/mo1-3 Beds1-2 BathsTrails at Lakeside | 3836 Arbor Green Ln #3806-214,
Indianapolis, IN 46220 - SPECIAL OFFERPET FRIENDLY$899 - $1,650/mo1-3 Beds1-2 BathsA62 Apartments | 6111 Allisonville Rd #5803592,
Indianapolis, IN 46220 - PET FRIENDLY$949 - $1,279/mo1-3 Beds1-2 BathsSummit at Keystone | 6630 Glenbrook Dr #2626T-2B,
Indianapolis, IN 46220 - PET FRIENDLY
- $1,105 - $1,940/mo1-3 Beds2-3 BathsCastleton Manor Apartments | 5850 Laketon Dr #5821G,
Indianapolis, IN 46220 - $1,170 - $1,893/mo1-3 Beds1-3 BathsTGM Avalon Lake | 6724 Greenshire Dr #6637,
Indianapolis, IN 46220 - $1,176 - $1,276/mo2 Beds1-2 BathsBroad Ripple Flats | 6026 N College Ave #cae7663a5,
Indianapolis, IN 46220 - $1,223 - $1,246/mo1-2 Beds1 BathMonon Court, Managed by Buckingham Monon Living | 6104 Compton St #6136-2C,
Indianapolis, IN 46220 - $1,238 - $5,278/moStudio-2 Beds1-2 BathsRiver House | 6311 E Westfield Blvd #607,
Indianapolis, IN 46220 - $1,255 - $1,805/mo2 Beds1 BathBroad Ripple Townhomes | 6184A Carvel Ave #CC4,
Indianapolis, IN 46220 - $1,304 - $2,189/moStudio-2 Beds1-2 BathsAYR Apartments | 6160 N Rural St #1-1226,
Indianapolis, IN 46220 - $1,342 - $2,028/mo1-2 Beds1-2 BathsMonon Place I (Classic and Renovated), Managed by Buckingham Monon Living | 5934 Carvel Ave #1017FC,
Indianapolis, IN 46220 - $1,367 - $2,139/moStudio-3 Beds1-3 BathsMonon Place II (Modern), Managed by Buckingham Monon Living | 1111 E 61st St #611,
Indianapolis, IN 46220 - $1,441 - $1,502/mo1-2 Beds1-2 BathsEdgewater Apartments | 6701 N College Ave #306,
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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 Jun 2026 compared to the previous month. Rent previously peaked in Apr 2025.
| Month | Average rent |
|---|---|
| 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 |
| Jun 2026 | $1,900 |
Average Rent By Bedroom and Home Type
In July 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,265 | $1,750 | $2,141 | $2,305 | $1,856 |
| Townhomes | — | $1,850 | $1,856 | — | $1,895 |
| Apartments and Condos | $1,100 | $1,800 | $2,100 | $2,133 | $1,545 |
| Houses | $1,295 | $1,800 | $2,400 | $2,450 | $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 $1,415 per month. This is about 27% 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 $1,265 per month. That is about $25 less than the cost of a studio apartment.
- How many available rental listings are in 46220?There are 93 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.
View this page in Spanish: Apartamentos baratos en renta en 46220 - 356 Rentas | Trulia