Cheap Apartments for Rent in 46323

38 rentals

Apartments For Rent Near 46323

We found 30 more apartments matching your filters just outside 46323

Average Rent Trends in 46323

Rent in 46323 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 Dec 2025.
MonthAverage rent
Oct 2025$1,500
Nov 2025$1,550
Dec 2025$1,585
Jan 2026$1,600
Feb 2026$1,639
Mar 2026$1,600
Apr 2026$1,314
May 2026$1,350
Jun 2026$1,449
Jul 2026$1,550
Aug 2026$1,600
Sep 2026$1,570
View as a graph

Average Rent By Bedroom and Home Type

In October 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,225$1,500$1,950$1,695$1,567
Townhomes—$1,421——$1,421
Apartments and Condos$1,225$1,500——$1,295
Houses$895$1,485$1,950$1,695$1,845

Frequently Asked Questions about Rentals in 46323

  • What is the average rent of an apartment in 46323?
    The average rent of an apartment in 46323 is $1,347 per month. This is about 31% lower than the national average.
  • What are the cheapest months to find an apartment to rent in 46323?
    Last year, the cheapest month to find an apartment to rent was Jun 2025 when it was $1,165 per month.
  • How many cheap apartments are available in 46323?
    There are 17 apartments to rent that are cheaper than the city’s average rent of $1,567.
  • When is the average rent most expensive in 46323?
    In the last year, the average rent in 46323 was highest in Dec 2025 when it was $1,585 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 46323?
    The average rent of a 1 bedroom apartment in 46323 is $1,225 per month. That is about $525 more than the cost of a studio apartment.
  • What are some cities near 46323?
    Some nearby cities include: Hammond, Highland, East Chicago, Munster, Griffith, Calumet City. These cities may have more rental options to explore.