Apartments For Rent By Private Owner in 46227

17 rentals

Apartments For Rent Near 46227

We found 30 more apartments matching your filters just outside 46227

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 Oct 2026 compared to the previous month. Rent previously peaked in Mar 2025.
MonthAverage rent
Nov 2025$1,300
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
View as a graph

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 bed2 beds3 beds4 bedsAll
All home types$995$1,234$1,599$1,700$1,355
Townhomes—$1,325$1,545—$1,545
Apartments and Condos$900$1,261$1,495$797$1,300
Houses$300$1,350$1,650$1,795$1,665

Frequently Asked Questions about Rentals in 46227

  • What is the average rent of an apartment in 46227?
    The average rent of an apartment in 46227 is $1,116 per month. This is about 43% lower than the national average.
  • When is the average rent cheapest in 46227?
    In the last year, the average rent in 46227 was lowest in Oct 2025 when it was $1,294 per month.
  • When is the average rent most expensive in 46227?
    In the last year, the average rent in 46227 was highest in Mar 2025 when it was $1,475 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 46227?
    The average rent of a 1 bedroom apartment in 46227 is $995 per month. That is about $163 more than the cost of a studio apartment.
  • How many available rental listings are in 46227?
    There are 79 available rental listings 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.
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