Cheap Apartments for Rent in 46241
30 rentals
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- NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY$1,089 - $2,278/mo1-3 Beds1-3 BathsStone Ridge Flats and Townhomes | 7111 Vedder Pl #159,
Indianapolis, IN 46241 - PET FRIENDLY
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Apartments For Rent Near 46241
We found 30 more apartments matching your filters just outside 46241
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- $700 - $1,800/moStudio-4 Beds1-2 BathsMaple Creek Village | 3800 W Michigan St #2203,
Indianapolis, IN 46222 - $765 - $1,795/moStudio-3 Beds1-3 BathsThe Boardwalk at Westlake Apartments and Townhomes | 6000 Westlake Dr #6111LD,
Indianapolis, IN 46224 - $765 - $1,200/mo1-3 Beds1-2 BathsRegency Park Apartments | 5524 Rue Royale #109A-B,
Indianapolis, IN 46227 - $765 - $955/moStudio-1 Bed1 BathSt. Agnes Apartments | 1350 N Meridian St #504,
Indianapolis, IN 46202
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 increased in May 2026 compared to the previous month. Rent previously peaked in Mar 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,480 |
| Jul 2025 | $1,458 |
| Aug 2025 | $1,350 |
| Sep 2025 | $1,313 |
| 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 |
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 | $1,136 | $1,250 | $1,520 | $2,195 | $1,425 |
| Apartments and Condos | $1,100 | $1,250 | — | — | $1,250 |
| Houses | $1,250 | $1,150 | $1,520 | $2,195 | $1,520 |
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 $1,308 per month. This is about 32% lower than the national average.
- What is the average rent of a house in 46241?The average rent of a house in 46241 is $1,520 per month. This is about 21% lower than the national average.
- When is the average rent cheapest in 46241?In the last year, the average rent in 46241 was lowest in Nov 2025 when it was $1,110 per month.
- 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 $1,136 per month. That is about $514 less than the cost of a studio apartment.
- How many available rental listings are in 46241?There are 29 available rental listings in 46241.
- 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.