Cheap Apartments for Rent in 46239
56 rentals
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$1,188 - $1,706/mo
1-3 Beds
1-2 BathsIndy 7925 | 7925 Palawan Dr #7-7902,
Indianapolis, IN 46239
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$1,248 - $1,721/mo1-3 Beds1-2 BathsThe 85Twenty | 8520 Sierra Ridge Dr #10-8634,
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 stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,895 |
| Jul 2025 | $1,880 |
| Aug 2025 | $1,945 |
| Sep 2025 | $1,903 |
| Oct 2025 | $1,905 |
| Nov 2025 | $1,808 |
| Dec 2025 | $1,800 |
| Jan 2026 | $1,855 |
| Feb 2026 | $1,940 |
| Mar 2026 | $1,954 |
| Apr 2026 | $1,952 |
| May 2026 | $1,957 |
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 | $1,000 | $1,295 | $1,849 | $2,045 | $1,949 |
| Apartments and Condos | — | $1,050 | — | — | $1,050 |
| Houses | $800 | $1,295 | $1,870 | $2,045 | $1,950 |
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 $1,447 per month. This is about 25% lower than the national average.
- What is the average rent of a house in 46239?The average rent of a house in 46239 is $1,950 per month. This is about 1% higher than the national average.
- When is the average rent cheapest in 46239?In the last year, the average rent in 46239 was lowest in Jan 2025 when it was $1,799 per month.
- 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.
- How many available rental listings are in 46239?There are 69 available rental listings in 46239.
- 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.