Apartments in 46221

16 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 for a apartment increased in Aug 2026 compared to the previous month. Rent for apartments peaked in Dec 2025.
MonthAverage rent
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$1,131
May 2026$1,217
Jun 2026$1,126
Jul 2026$1,168
Aug 2026$1,184
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Average Rent By Bedroom and Home Type

In August 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$900$1,100$1,678$2,023$1,595
Townhomes$900—$1,450—$900
Apartments and Condos$900$1,250$1,350—$1,250
Houses$850$975$1,745$2,023$1,745

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 $1,184 per month. This is about 40% lower than the national average.
  • When is the average rent for an apartment 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 for an apartment 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 $912 per month. That is about $29 less than the cost of a studio apartment.
  • How many apartments or condos are available to rent in 46221?
    There are 16 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.
View this page in Spanish: Apartamentos en 46221 - 517 Apartamentos | Trulia