Apartments in 46227
38 rentals
- PET FRIENDLYTotal price$1,025 - $1,365/mo1-2 Beds1-2 BathsWaterford Place | 1009 Lismore Ln #b92850ccb,
Indianapolis, IN 46227 - PET FRIENDLY$1,300 - $1,505/mo2-3 Beds1-2 BathsCommunity Place Apartments | 1201 Community Pl #9f603812a,
Indianapolis, IN 46227 - SPECIAL OFFERPET FRIENDLY$999 - $1,524/mo1-3 Beds1-2 BathsEstates of Creekside Apartments | 8055 Crossing Dr #8048E,
Indianapolis, IN 46227 - PET FRIENDLY$1,099 - $1,499/mo1-2 Beds1-2 BathsBuffalo Creek Apartments | 720 Buffalo Run Dr #8544H,
Indianapolis, IN 46227 - SPECIAL OFFERPET FRIENDLY$922 - $1,439/mo1-3 Beds1-2 BathsBrookwood Apartments | 5301 Turtle Crk #606-6,
Indianapolis, IN 46227 - SPECIAL OFFERPET FRIENDLY$1,000 - $1,650/mo1-3 Beds1-2 BathsThe Sycamores Apartments | 7913 Ella Dobbs Ln #e02667721,
Indianapolis, IN 46227 - PET FRIENDLY
- $1,075 - $1,325/mo1-2 Beds1-2 BathsFountain Lake Villas | 8960 S Keystone Ave #8749-2,
Indianapolis, IN 46227 - $1,125 - $1,675/mo2-4 Beds1-3 BathsBerkley Commons | 8201 Madison Ave #48-2539,
Indianapolis, IN 46227 - $1,000 - $1,360/mo1-3 Beds1-2 BathsCity Heights | 457 Monument View Dr #5c535f643,
Indianapolis, IN 46227 - $999 - $1,459/mo1-3 Beds1-2 BathsMartinique Terrace | 6789 S East St #6688-2,
Indianapolis, IN 46227 - $863 - $1,819/mo1-3 Beds1-3 BathsSOUTHPORT AT BUCK CREEK | 1451 E Southport Rd #1446GR,
Indianapolis, IN 46227 - $1,325 - $1,899/moStudio-2 Beds1-2 BathsThe Jacob | 2110 E Southport Rd #111,
Indianapolis, IN 46227 - $985 - $1,215/mo1-2 Beds1-2 BathsBeechmill Apartments | 8580 Beechmill Ln #8674-C,
Indianapolis, IN 46227 - $1,875 - $2,095/mo2-3 Beds2-3 BathsMansfield Village Townhomes | 412 E County Line Rd #8956,
Indianapolis, IN 46227 - $1,036 - $2,149/mo1-2 Beds1-2 BathsStoneBridge Luxury Apartment Homes | 6512 Bridge Crossing Dr #626F,
Indianapolis, IN 46227 - $1,199 - $1,599/mo1-3 Beds1-2 BathsHanna Village | 4020 Hanna Village Dr #4151B,
Indianapolis, IN 46227 - $765 - $1,200/mo1-3 Beds1-2 BathsRegency Park Apartments | 5524 Rue Royale #101R,
Indianapolis, IN 46227 Save Search in 46227
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Apartments For Rent Near 46227
We found 30 more apartments matching your filters just outside 46227
- NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY$1,445 - $2,330/mo1-3 Beds1-2 BathsMaverick Modern Apartments | 370 Homestead Ave #22-101,
Greenwood, IN 46142 - PET FRIENDLY$938 - $1,318/mo1-2 Beds1-2 BathsEmerson Village | 5140 Emerson Village Pl #8-202,
Indianapolis, IN 46237 - PET FRIENDLY$919 - $1,224/moStudio-2 Beds1 BathNinth Avenue Apartments | 4651 Mimi Dr #M4536D,
Indianapolis, IN 46237 - PET FRIENDLY$1,089 - $1,339/mo1-2 Beds1 BathStonehedge Apartments | 1563 Stonehedge West Dr #1283-B,
Greenwood, IN 46142 - SPECIAL OFFERPET FRIENDLY$1,014 - $1,695/mo1-3 Beds1-2 BathsWillow Glen South | 4880 Willow Glen Dr #4318C,
Beech Grove, IN 46107 - NEW - 3 HRS AGOPET FRIENDLY$1,297 - $2,656/mo1-3 Beds1-2 BathsThe Timbers Apartments | 4545 Scarlet Oak Way #722,
Indianapolis, IN 46237 - NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY
- $1,435 - $1,515/mo2 Beds1-2 BathsPleasant Run Senior Apartments | 4701 Todd Rd #310,
Indianapolis, IN 46237 - $919 - $999/mo2 Beds1 BathWelcome to Dawson Village Welcome Home! | 2469 Dawson St #2340,
Indianapolis, IN 46203 - $860 - $1,415/mo1-2 Beds1-2 BathsMeridian Court South | 7266 Lockwood Ln #61B,
Indianapolis, IN 46217 - $1,041 - $1,139/mo1-2 Beds1 BathThe Court at Sandstone Apartments | 1039A N Paz Dr #96,
Greenwood, IN 46142 - $1,899 - $2,095/mo2-3 Beds3 BathsCoventry Park Village | 5500 S Emerson Ave #5531,
Indianapolis, IN 46237 - $1,016 - $1,737/mo1-3 Beds1-2 BathsBayshore Apartments | 1534 Sandy Bay Dr #18I,
Greenwood, IN 46142 - $875 - $1,535/mo2-3 Beds1-3 BathsStrawbridge Green | 4649 Strawbridge St #139,
Indianapolis, IN 46237 - $995 - $1,525/mo1-3 Beds1-2 BathsWestminster Apartments and Townhomes | 921 Parliament Pl #1-0106,
Greenwood, IN 46142 - $917 - $1,104/mo1-2 Beds1-2 BathsBreeza 32 Apartments | 622 Wooddale Ter #634-1010,
Greenwood, IN 46142
Average Rent Trends in 46227
Rent in 46227 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 Aug 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,111 |
| Jul 2025 | $1,019 |
| Aug 2025 | $1,162 |
| Sep 2025 | $1,077 |
| Oct 2025 | $1,088 |
| Nov 2025 | $1,074 |
| Dec 2025 | $1,111 |
| Jan 2026 | $1,168 |
| Feb 2026 | $1,108 |
| Mar 2026 | $1,078 |
| Apr 2026 | $1,072 |
| May 2026 | $1,114 |
Average Rent By Bedroom and Home Type
In May 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,000 | $1,215 | $1,550 | $2,100 | $1,320 |
| Townhomes | $925 | $1,050 | — | — | $1,050 |
| Apartments and Condos | — | $1,200 | $1,220 | — | $1,200 |
| Houses | $325 | $1,300 | $1,655 | $2,100 | $1,655 |
Frequently Asked Questions about Apartments and Condos for rent in 46227
- What is the average rent of an apartment or condo in 46227?The average rent of an apartment or condo in 46227 is $1,108. Rent prices range from $650 to as much as $2,050, depending on the type of apartment or condo.
- How does the rent of an apartment or condo in 46227 compare to the national average?Average rent of an apartment or condo in 46227 is about 42% lower than the national average rent of $1,910 for an apartment or condo. That means it is less expensive to rent an apartment or condo in 46227 compared to the U.S. average.
- What is the average rent of an apartment or condo in 46227, by number of bedrooms?The average rent of an apartment or condo in 46227 is $750 for a studio, $886 for a 1 bedroom, $1,117 for a 2 bedroom, $1,412 for a 3 bedroom, and $1,575 for a 4 bedroom.
- How have rent prices of an apartment or condo in 46227 changed compared to last year?In the past year, the average rent price of an apartment or condo in 46227 has increased by $33. That means the average rent of an apartment or condo is 3% higher than last year.
- How many apartments or condos are available to rent in 46227?There are 40 available apartments or condos to rent in 46227.
- What are some cities near 46227?Some nearby cities include: Southport, Beech Grove, Greenwood, Indianapolis, New Whiteland, Whiteland. These cities may have more rental options to explore.