Cheap Apartments for Rent in 46241
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SPECIAL OFFERPET FRIENDLY$1,271 - $1,861/mo
1-3 Beds
1-3 BathsStone Ridge Flats and Townhomes | 7111 Vedder Pl,
Indianapolis, IN 46241
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Average Rent Trends in 46241
Rent in 46241 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Sep 2026 compared to the previous month. Rent previously peaked in Mar 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,354 |
| Nov 2025 | $1,110 |
| Dec 2025 | $1,165 |
| Jan 2026 | $1,301 |
| Feb 2026 | $1,250 |
| Mar 2026 | $1,295 |
| Apr 2026 | $1,250 |
| May 2026 | $1,520 |
| Jun 2026 | $1,425 |
| Jul 2026 | $1,588 |
| Aug 2026 | $1,645 |
| Sep 2026 | $1,525 |
Average Rent By Bedroom and Home Type
In October 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 | $1,033 | $1,210 | $1,725 | $1,749 | $1,600 |
| Apartments and Condos | $859 | $1,000 | — | — | $1,000 |
| Houses | — | $1,150 | $1,750 | $1,749 | $1,725 |
Frequently Asked Questions about Rentals in 46241
- What is the average rent of an apartment in 46241?The average rent of an apartment in 46241 is $1,213 per month. This is about 38% lower than the national average.
- What are the cheapest months to find an apartment to rent in 46241?Last year, the cheapest month to find an apartment to rent was Nov 2025 when it was $1,110 per month.
- How many cheap apartments are available in 46241?There are 21 apartments to rent that are cheaper than the city’s average rent of $1,600.
- When is the average rent most expensive in 46241?In the last year, the average rent in 46241 was highest in Mar 2025 when it was $1,570 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 46241?The average rent of a 1 bedroom apartment in 46241 is $1,033 per month. That is about $617 less than the cost of a studio apartment.
- What are some cities near 46241?Some nearby cities include: Speedway, Plainfield, Indianapolis, Avon, Southport, Beech Grove. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 46241 - 87 Rentas | Trulia