Cheap Apartments for Rent in 46227
79 rentals
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Use arrow keys to navigatePET FRIENDLY$785 - $910/mo
1-2 Beds
1 BathBrackenridge Property Group | 2816 E County Line Rd,
Indianapolis, IN 46227
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SPECIAL OFFERPET FRIENDLY$920 - $1,671/mo1-3 Beds1-3 BathsSOUTHPORT AT BUCK CREEK | 1451 E Southport Rd,
Indianapolis, IN 46227
SPECIAL OFFERPET FRIENDLY$925 - $1,550/moStudio-3 Beds1-2 BathsFountain Lake Villas | 8960 S Keystone Ave,
Indianapolis, IN 46227
NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLYTotal price$930 - $1,430/mo1-2 Beds1-2 BathsWaterford Place | 1009 Lismore Ln,
Indianapolis, IN 46227
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SPECIAL OFFERPET FRIENDLY$1,099 - $1,524/mo1-3 Beds1-2 BathsEstates of Creekside Apartments | 8055 Crossing Dr,
Indianapolis, IN 46227
SPECIAL OFFERPET FRIENDLY$1,102 - $2,112/mo1-3 Beds1-2 BathsStoneBridge Luxury Apartment Homes | 6512 Bridge Crossing Dr,
Indianapolis, IN 46227
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SPECIAL OFFERPET FRIENDLY$1,190 - $1,425/mo2-3 Beds1-2 BathsCommunity Place Apartments | 1201 Community Pl,
Indianapolis, IN 46227
PET FRIENDLY$1,199 - $1,414/mo1-2 Beds1-2 BathsBuffalo Creek Apartments | 720 Buffalo Run Dr,
Indianapolis, IN 46227
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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 stayed about the same in Nov 2026 compared to the previous month. Rent previously peaked in Mar 2025.
| Month | Average rent |
|---|---|
| Dec 2025 | $1,350 |
| Jan 2026 | $1,366 |
| Feb 2026 | $1,350 |
| Mar 2026 | $1,346 |
| Apr 2026 | $1,374 |
| May 2026 | $1,350 |
| Jun 2026 | $1,350 |
| Jul 2026 | $1,335 |
| Aug 2026 | $1,300 |
| Sep 2026 | $1,339 |
| Oct 2026 | $1,359 |
| Nov 2026 | $1,350 |
Average Rent By Bedroom and Home Type
In November 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 | $995 | $1,245 | $1,623 | $1,700 | $1,363 |
| Townhomes | $925 | $1,350 | $1,400 | — | $1,120 |
| Apartments and Condos | — | $1,075 | $1,473 | — | $1,250 |
| Houses | $300 | $1,250 | $1,700 | $1,700 | $1,699 |
Frequently Asked Questions about Cheap Apartments for rent in 46227
- How many cheap apartments are for rent in 46227?Trulia currently lists 382 cheap apartments for rent in 46227.
- How much do cheap apartments in 46227 rent for?Rents for cheap apartments in 46227 range from $300 to $4,500 a month. Each listing shows its exact rent and any fees.
- How does Trulia decide which rentals are cheap?This page shows rentals in the lowest price tier for apartments in 46227, sorted from the lowest rent up.
- How can I find the cheapest apartments to rent in 46227?This page sorts apartments in 46227 from lowest rent up, starting at $300 a month. Filtering by fewer bedrooms or utilities included lowers costs further.
- What trade-offs come with the cheapest rentals?Lower rents often mean smaller units, older buildings, fewer amenities or a longer commute. Check what utilities are included to compare true cost.
View this page in Spanish: Apartamentos baratos en renta en 46227 - 377 Rentas | Trulia