Apartments in 46221

17 rentals

Apartments For Rent Near 46221

We found 30 more apartments matching your filters just outside 46221

Average Rent Trends in 46221

Rent in 46221 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 Dec 2025.
MonthAverage rent
Jun 2025$1,063
Jul 2025$922
Aug 2025$1,002
Sep 2025$994
Oct 2025$1,014
Nov 2025$981
Dec 2025$1,135
Jan 2026$1,109
Feb 2026$1,000
Mar 2026$1,138
Apr 2026$1,130
May 2026$1,216
View as a graph

Average Rent By Bedroom and Home Type

In May 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$1,139$1,145$1,649$1,995$1,640
Townhomes——$1,450—$1,450
Apartments and Condos$1,000$1,050$1,350—$1,350
Houses$850$1,025$1,773$2,087$1,803

Frequently Asked Questions about Apartments and Condos for rent in 46221

  • What is the average rent of an apartment in 46221?
    The average rent of an apartment in 46221 is $1,218 per month. This is about 37% lower than the national average.
  • When is the average rent cheapest in 46221?
    In the last year, the average rent in 46221 was lowest in Jul 2025 when it was $922 per month.
  • When is the average rent most expensive in 46221?
    In the last year, the average rent in 46221 was highest in Dec 2025 when it was $1,135 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 46221?
    The average rent of a 1 bedroom apartment in 46221 is $997 per month. That is about $21 less than the cost of a studio apartment.
  • How many apartments or condos are available to rent in 46221?
    There are 15 available apartments or condos to rent in 46221.
  • What are some cities near 46221?
    Some nearby cities include: Southport, Speedway, Indianapolis, Beech Grove, Plainfield, Greenwood. These cities may have more rental options to explore.