Cheap Apartments for Rent in 46254
62 rentals
Use arrow keys to navigate$775 - $1,025/mo
Studio-1 Bed
1 BathCambridge Commons | 4959 Oakhurst Dr #4806,
Indianapolis, IN 46254
Use arrow keys to navigatePET FRIENDLY$815 - $1,749/mo1-3 Beds1-2 BathsScarborough Lake Apartments | 6430 Maidstone Rd #1273,
Indianapolis, IN 46254
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$850 - $1,280/moStudio-2 Beds1-2 BathsGarden Pointe Apartments | 5005 Lily Ln #13-115,
Indianapolis, IN 46254
Use arrow keys to navigateNEW - 11 HRS AGOPET FRIENDLYTotal price$880 - $1,350/mo1-2 Beds1-2 BathsWoodbrook | 5302 Woodbrook Dr #5230-H,
Indianapolis, IN 46254
Use arrow keys to navigatePET FRIENDLYINCOME RESTRICTED
Use arrow keys to navigatePET FRIENDLY$949 - $1,349/mo1-2 Beds1 BathThe George Apartment Homes | 5810 Sebring Dr #5760-B,
Indianapolis, IN 46254
Use arrow keys to navigatePET FRIENDLY$969 - $1,700/mo1-3 Beds1-2 BathsThe Woods of Eagle Creek | 4949 Bobwhite Ln #1311,
Indianapolis, IN 46254
PET FRIENDLY
SPECIAL OFFERPET FRIENDLY$1,009 - $1,609/mo1-3 Beds1-2 BathsOakbrook Village | 6098 Georgetown Rd #6127-F,
Indianapolis, IN 46254
PET FRIENDLY
SPECIAL OFFERPET FRIENDLY$1,026 - $1,222/mo1-2 Beds1-2 BathsCreekside Square Apartments | 5836 Hunnewell Dr #5877F,
Indianapolis, IN 46254
SPECIAL OFFERPET FRIENDLY$1,034 - $1,504/mo1-2 Beds1-2 BathsEnclave at Eagle Creek Apartments | 5483 Holly Springs Dr W #6953,
Indianapolis, IN 46254
SPECIAL OFFERPET FRIENDLY$1,075 - $1,720/mo1-3 Beds1-3 BathsLakeside Crossing at Eagle Creek Apartments and Townhomes | 3833 Wind Drift Dr #39012B,
Indianapolis, IN 46254
SPECIAL OFFERPET FRIENDLYTotal price$1,086 - $1,523/mo1-2 Beds1-2 BathsWylde at Eagle Creek | 6612 Eagle Pointe Dr N #3-2D,
Indianapolis, IN 46254
PET FRIENDLY$1,095 - $1,395/mo1-2 Beds1-2 BathsGuion Creek Apartments | 5906 Guion Rd #5930B,
Indianapolis, IN 46254
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Average Rent Trends in 46254
Rent in 46254 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Jun 2026 compared to the previous month. Rent previously peaked in Apr 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $1,800 |
| Aug 2025 | $1,740 |
| Sep 2025 | $1,745 |
| Oct 2025 | $1,700 |
| Nov 2025 | $1,775 |
| Dec 2025 | $1,795 |
| Jan 2026 | $1,765 |
| Feb 2026 | $1,720 |
| Mar 2026 | $1,680 |
| Apr 2026 | $1,800 |
| May 2026 | $1,755 |
| Jun 2026 | $1,735 |
Average Rent By Bedroom and Home Type
In July 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,025 | $1,316 | $1,870 | $2,295 | $1,795 |
| Townhomes | — | $1,650 | $1,400 | — | $1,400 |
| Apartments and Condos | — | $1,550 | $1,925 | — | $1,550 |
| Houses | — | $1,600 | $1,892 | $2,295 | $1,895 |
Frequently Asked Questions about Rentals in 46254
- What is the average rent of an apartment in 46254?The average rent of an apartment in 46254 is $1,359 per month. This is about 30% lower than the national average.
- When is the average rent cheapest in 46254?In the last year, the average rent in 46254 was lowest in Oct 2025 when it was $1,700 per month.
- When is the average rent most expensive in 46254?In the last year, the average rent in 46254 was highest in Apr 2025 when it was $1,841 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 46254?The average rent of a 1 bedroom apartment in 46254 is $1,025 per month. That is about $185 more than the cost of a studio apartment.
- How many available rental listings are in 46254?There are 68 available rental listings in 46254.
- What are some cities near 46254?Some nearby cities include: Speedway, Brownsburg, Indianapolis, Avon, Zionsville, Pittsboro. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 46254 - 344 Rentas | Trulia