Cheap Apartments for Rent in 46235
75 rentals
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$775 - $1,500/mo
Studio-3 Beds
1-2 BathsSpanish Oaks | 3645 Wingate Ct #107-62,
Indianapolis, IN 46235
Use arrow keys to navigatePET FRIENDLY$794 - $1,040/mo1-2 Beds1-2 BathsSerenity Park Apartments | 9060 E 39th Pl #3e8f7a97e,
Indianapolis, IN 46235
Use arrow keys to navigatePET FRIENDLY$820 - $1,180/mo1-3 Beds1 BathPostbrook East Apartments | 9265 E 41st St #279,
Indianapolis, IN 46235
Use arrow keys to navigatePET FRIENDLY$839 - $1,439/moStudio-2 Beds1 BathThe Vineyards Apartment Homes | 10101 E Montery Rd #10037E,
Indianapolis, IN 46235
Use arrow keys to navigate- Use arrow keys to navigate
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$860 - $1,180/mo1-2 Beds1 BathBavarian Village Apartments | 3001 Bavarian West Dr #649,
Indianapolis, IN 46235
PET FRIENDLYINCOME RESTRICTED$907 - $1,100/mo1 Bed1 BathHeritage Place at Parkview Apartment Homes | 9201 E 46th St #120,
Indianapolis, IN 46235
APPLY INSTANTLYFURNISHEDROOM FOR RENT
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$1,296 - $1,571/mo1-2 Beds1-2 BathsSunspring Apartments | 11517 E 38th St #9f91523c0,
Indianapolis, IN 46235
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Average Rent Trends in 46235
Rent in 46235 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 Jun 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,800 |
| Jul 2025 | $1,783 |
| Aug 2025 | $1,712 |
| Sep 2025 | $1,768 |
| Oct 2025 | $1,785 |
| Nov 2025 | $1,749 |
| Dec 2025 | $1,710 |
| Jan 2026 | $1,650 |
| Feb 2026 | $1,631 |
| Mar 2026 | $1,672 |
| Apr 2026 | $1,680 |
| May 2026 | $1,759 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $875 | $1,165 | $1,779 | $2,065 | $1,800 |
| Apartments and Condos | $670 | $925 | — | — | $850 |
| Houses | — | $1,615 | $1,835 | $2,065 | $1,885 |
Frequently Asked Questions about Rentals in 46235
- What is the average rent of an apartment in 46235?The average rent of an apartment in 46235 is $957 per month. This is about 50% lower than the national average.
- What is the average rent of a house in 46235?The average rent of a house in 46235 is $1,910 per month. This is about 1% lower than the national average.
- When is the average rent cheapest in 46235?In the last year, the average rent in 46235 was lowest in Feb 2025 when it was $1,648 per month.
- When is the average rent most expensive in 46235?In the last year, the average rent in 46235 was highest in Jun 2025 when it was $1,800 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 46235?The average rent of a 1 bedroom apartment in 46235 is $875 per month. That is about $100 more than the cost of a studio apartment.
- How many available rental listings are in 46235?There are 71 available rental listings in 46235.
- What are some cities near 46235?Some nearby cities include: Lawrence, Cumberland, McCordsville, Spring Lake, Fishers, New Palestine. These cities may have more rental options to explore.