Cheap Apartments for Rent in 46226
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- $899 - $1,419/mo1-3 Beds1-2 BathsThe Prairies Apartment Homes | 4555 N Arlington Ave,
Indianapolis, IN 46226 - Total price$920 - $1,442/moStudio-2 Beds1-2 BathsM Club Apartments | 7007 Courthouse Dr,
Indianapolis, IN 46226 - $1,050 - $1,879/mo1-3 Beds1-3 BathsThe Residences on 56th Street | 6800 Brendon Way West Dr,
Indianapolis, IN 46226 - $1,059 - $1,559/mo1-2 Beds1-2 BathsThe Lenox Apartment Homes | 5421 Calder Way,
Indianapolis, IN 46226 Save Search in 46226
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Average Rent Trends in 46226
Rent in 46226 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Sep 2026 compared to the previous month. Rent previously peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,215 |
| Nov 2025 | $1,249 |
| Dec 2025 | $1,295 |
| Jan 2026 | $1,250 |
| Feb 2026 | $1,295 |
| Mar 2026 | $1,200 |
| Apr 2026 | $1,195 |
| May 2026 | $1,195 |
| Jun 2026 | $1,195 |
| Jul 2026 | $1,250 |
| Aug 2026 | $1,250 |
| Sep 2026 | $1,306 |
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 | $908 | $1,092 | $1,425 | $1,550 | $1,306 |
| Townhomes | — | — | $1,425 | $1,045 | $1,425 |
| Apartments and Condos | $825 | $1,100 | $1,590 | $1,695 | $1,000 |
| Houses | — | $950 | $1,433 | $1,576 | $1,475 |
Frequently Asked Questions about Rentals in 46226
- What is the average rent of an apartment in 46226?The average rent of an apartment in 46226 is $1,008 per month. This is about 48% lower than the national average.
- What are the cheapest months to find an apartment to rent in 46226?Last year, the cheapest month to find an apartment to rent was Mar 2025 when it was $1,200 per month.
- How many cheap apartments are available in 46226?There are 61 apartments to rent that are cheaper than the city’s average rent of $1,306.
- When is the average rent most expensive in 46226?In the last year, the average rent in 46226 was highest in Jun 2025 when it was $1,365 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 46226?The average rent of a 1 bedroom apartment in 46226 is $908 per month. That is about $259 more than the cost of a studio apartment.
- What are some cities near 46226?Some nearby cities include: Lawrence, Indianapolis, Cumberland, McCordsville, Beech Grove, Fishers. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 46226 - 347 Rentas | Trulia