Cheap Apartments for Rent in 46239
70 rentals
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$1,333 - $1,759/mo
1-3 Beds
1-2 BathsThe 85Twenty | 8520 Sierra Ridge Dr,
Indianapolis, IN 46239
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Average Rent Trends in 46239
Rent in 46239 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 Aug 2025.
| Month | Average rent |
|---|---|
| Nov 2025 | $1,808 |
| Dec 2025 | $1,800 |
| Jan 2026 | $1,855 |
| Feb 2026 | $1,940 |
| Mar 2026 | $1,955 |
| Apr 2026 | $1,950 |
| May 2026 | $1,951 |
| Jun 2026 | $1,930 |
| Jul 2026 | $1,945 |
| Aug 2026 | $1,970 |
| Sep 2026 | $1,960 |
| Oct 2026 | $2,000 |
Average Rent By Bedroom and Home Type
In October 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,136 | $1,360 | $1,940 | $2,085 | $2,006 |
| Townhomes | — | — | $2,250 | — | $2,250 |
| Apartments and Condos | — | $1,200 | $2,500 | $1,550 | $1,200 |
| Houses | $800 | $2,299 | $1,970 | $2,085 | $2,008 |
Frequently Asked Questions about Rentals in 46239
- What is the average rent of an apartment in 46239?The average rent of an apartment in 46239 is $1,324 per month. This is about 32% lower than the national average.
- What are the cheapest months to find an apartment to rent in 46239?Last year, the cheapest month to find an apartment to rent was Jan 2025 when it was $1,799 per month.
- How many cheap apartments are available in 46239?There are 42 apartments to rent that are cheaper than the city’s average rent of $2,006.
- When is the average rent most expensive in 46239?In the last year, the average rent in 46239 was highest in Aug 2025 when it was $1,945 per month.
- What are some cities near 46239?Some nearby cities include: Beech Grove, Cumberland, New Palestine, Southport, Spring Lake, Indianapolis. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 46239 - 91 Rentas | Trulia