Cheap Apartments for Rent in 46240

25 rentals

Apartments For Rent Near 46240

We found 30 more apartments matching your filters just outside 46240

Average Rent Trends in 46240

Rent in 46240 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Jul 2026 compared to the previous month. Rent previously peaked in Jun 2025.
MonthAverage rent
Aug 2025$1,661
Sep 2025$1,644
Oct 2025$1,605
Nov 2025$1,678
Dec 2025$1,645
Jan 2026$1,600
Feb 2026$1,657
Mar 2026$1,600
Apr 2026$1,640
May 2026$1,546
Jun 2026$1,537
Jul 2026$1,623
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Average Rent By Bedroom and Home Type

In July 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$1,359$1,686$2,062$2,995$1,583
Townhomes——$2,500—$2,500
Apartments and Condos$1,800———$1,800
Houses$950$2,358$2,200$2,995$2,200

Frequently Asked Questions about Rentals in 46240

  • What is the average rent of an apartment in 46240?
    The average rent of an apartment in 46240 is $1,657 per month. This is about 15% lower than the national average.
  • When is the average rent cheapest in 46240?
    In the last year, the average rent in 46240 was lowest in Oct 2025 when it was $1,605 per month.
  • When is the average rent most expensive in 46240?
    In the last year, the average rent in 46240 was highest in Jun 2025 when it was $1,850 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 46240?
    The average rent of a 1 bedroom apartment in 46240 is $1,359 per month. That is about $27 more than the cost of a studio apartment.
  • How many available rental listings are in 46240?
    There are 26 available rental listings in 46240.
  • What are some cities near 46240?
    Some nearby cities include: Carmel, Lawrence, Indianapolis, Fishers, Westfield, Zionsville. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 46240 - 503 Rentas | Trulia