Cheap Apartments for Rent in 46237

39 rentals

Apartments For Rent Near 46237

We found 30 more apartments matching your filters just outside 46237

Average Rent Trends in 46237

Rent in 46237 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Mar 2025.
MonthAverage rent
Jun 2025$1,780
Jul 2025$1,824
Aug 2025$1,821
Sep 2025$1,805
Oct 2025$1,798
Nov 2025$1,758
Dec 2025$1,815
Jan 2026$1,738
Feb 2026$1,829
Mar 2026$1,760
Apr 2026$1,699
May 2026$1,685
View as a graph

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 bed2 beds3 beds4 bedsAll
All home types$1,277$1,250$1,795$2,016$1,675
Apartments and Condos—$1,130$1,500—$1,400
Houses—$1,080$1,835$2,016$1,916

Frequently Asked Questions about Rentals in 46237

  • What is the average rent of an apartment in 46237?
    The average rent of an apartment in 46237 is $1,608 per month. This is about 17% lower than the national average.
  • What is the average rent of a house in 46237?
    The average rent of a house in 46237 is $1,916 per month. This is about 1% lower than the national average.
  • When is the average rent cheapest in 46237?
    In the last year, the average rent in 46237 was lowest in Feb 2025 when it was $1,705 per month.
  • When is the average rent most expensive in 46237?
    In the last year, the average rent in 46237 was highest in Mar 2025 when it was $1,848 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 46237?
    The average rent of a 1 bedroom apartment in 46237 is $1,277 per month. That is about $63 less than the cost of a studio apartment.
  • How many available rental listings are in 46237?
    There are 43 available rental listings in 46237.
  • What are some cities near 46237?
    Some nearby cities include: Southport, Beech Grove, Greenwood, New Whiteland, Indianapolis, Whiteland. These cities may have more rental options to explore.