Cheap Apartments for Rent in 46236

29 rentals

Apartments For Rent Near 46236

We found 30 more apartments matching your filters just outside 46236

Average Rent Trends in 46236

Rent in 46236 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Sep 2026 compared to the previous month. Rent previously peaked in Aug 2025.
MonthAverage rent
Oct 2025$1,913
Nov 2025$1,825
Dec 2025$1,800
Jan 2026$1,730
Feb 2026$1,800
Mar 2026$1,815
Apr 2026$1,856
May 2026$1,872
Jun 2026$1,865
Jul 2026$1,856
Aug 2026$1,845
Sep 2026$1,868
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$953$1,285$1,865$2,403$1,905
Apartments and Condos—$1,683$1,950—$1,683
Houses—$1,285$1,800$2,403$2,049

Frequently Asked Questions about Rentals in 46236

  • What is the average rent of an apartment in 46236?
    The average rent of an apartment in 46236 is $1,493 per month. This is about 23% lower than the national average.
  • What are the cheapest months to find an apartment to rent in 46236?
    Last year, the cheapest month to find an apartment to rent was Jan 2025 when it was $1,800 per month.
  • How many cheap apartments are available in 46236?
    There are 14 apartments to rent that are cheaper than the city’s average rent of $1,905.
  • When is the average rent most expensive in 46236?
    In the last year, the average rent in 46236 was highest in Aug 2025 when it was $1,999 per month.
  • What are some cities near 46236?
    Some nearby cities include: Lawrence, McCordsville, Fishers, Fortville, Cumberland, Ingalls. These cities may have more rental options to explore.