Cheap Apartments for Rent in 46225
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SPECIAL OFFERPET FRIENDLY$1,304 - $2,561/mo
Studio-2 Beds
1-2 BathsRise on Meridian | 915 S Meridian St,
Indianapolis, IN 46225
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Average Rent Trends in 46225
Rent in 46225 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Oct 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| Nov 2025 | $1,500 |
| Dec 2025 | $1,500 |
| Jan 2026 | $1,500 |
| Feb 2026 | $1,499 |
| Mar 2026 | $1,428 |
| Apr 2026 | $1,479 |
| May 2026 | $1,295 |
| Jun 2026 | $1,412 |
| Jul 2026 | $1,575 |
| Aug 2026 | $1,590 |
| Sep 2026 | $1,649 |
| Oct 2026 | $1,650 |
Average Rent By Bedroom and Home Type
In October 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 | $937 | $1,375 | $1,800 | $2,200 | $1,650 |
| Townhomes | $850 | $1,890 | $1,700 | $1,695 | $1,700 |
| Apartments and Condos | $850 | $1,333 | $1,995 | $3,000 | $1,361 |
| Houses | $1,300 | $1,710 | $1,800 | $2,200 | $1,875 |
Frequently Asked Questions about Rentals in 46225
- What is the average rent of an apartment in 46225?The average rent of an apartment in 46225 is $1,255 per month. This is about 35% lower than the national average.
- What are the cheapest months to find an apartment to rent in 46225?Last year, the cheapest month to find an apartment to rent was Jan 2025 when it was $1,100 per month.
- How many cheap apartments are available in 46225?There are 30 apartments to rent that are cheaper than the city’s average rent of $1,650.
- When is the average rent most expensive in 46225?In the last year, the average rent in 46225 was highest in May 2025 when it was $1,501 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 46225?The average rent of a 1 bedroom apartment in 46225 is $937 per month. That is about $463 less than the cost of a studio apartment.
- What are some cities near 46225?Some nearby cities include: Indianapolis, Beech Grove, Speedway, Southport, Greenwood, Cumberland. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 46225 - 109 Rentas | Trulia