Cheap Apartments for Rent in 46231

21 rentals

Apartments For Rent Near 46231

We found 30 more apartments matching your filters just outside 46231

Average Rent Trends in 46231

Rent in 46231 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Sep 2026 compared to the previous month. Rent previously peaked in Apr 2025.
MonthAverage rent
Oct 2025$1,725
Nov 2025$1,845
Dec 2025$1,821
Jan 2026$1,779
Feb 2026$1,765
Mar 2026$1,876
Apr 2026$1,916
May 2026$1,985
Jun 2026$2,012
Jul 2026$2,080
Aug 2026$2,025
Sep 2026$1,960
View as a graph

Average Rent By Bedroom and Home Type

In September 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,336$1,050$1,869$2,154$1,869
Apartments and Condos—$995$1,095—$1,050
Houses——$1,890$2,154$1,898

Frequently Asked Questions about Rentals in 46231

  • What is the average rent of an apartment in 46231?
    The average rent of an apartment in 46231 is $1,313 per month. This is about 33% lower than the national average.
  • What are the cheapest months to find an apartment to rent in 46231?
    Last year, the cheapest month to find an apartment to rent was Sep 2025 when it was $1,722 per month.
  • How many cheap apartments are available in 46231?
    There are 9 apartments to rent that are cheaper than the city’s average rent of $1,869.
  • When is the average rent most expensive in 46231?
    In the last year, the average rent in 46231 was highest in Apr 2025 when it was $1,985 per month.
  • What are some cities near 46231?
    Some nearby cities include: Plainfield, Avon, Speedway, Mooresville, Indianapolis, Brownsburg. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 46231 - 200 Rentas | Trulia