Cheap Apartments for Rent in 46342

24 rentals

Apartments For Rent Near 46342

We found 30 more apartments matching your filters just outside 46342

Average Rent Trends in 46342

Rent in 46342 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 Jun 2025.
MonthAverage rent
Oct 2025$1,346
Nov 2025$1,375
Dec 2025$1,500
Jan 2026$1,300
Feb 2026$1,323
Mar 2026$1,327
Apr 2026$1,370
May 2026$1,350
Jun 2026$1,399
Jul 2026$1,271
Aug 2026$1,350
Sep 2026$1,233
View as a graph

Average Rent By Bedroom and Home Type

In September 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$1,200$1,350$1,375$1,250
Townhomes$2,800$1,400$1,400
Apartments and Condos$1,200$1,300$1,450$1,200
Houses$1,465$1,375$1,465

Frequently Asked Questions about Rentals in 46342

  • What is the average rent of an apartment in 46342?
    The average rent of an apartment in 46342 is $1,205 per month. This is about 38% lower than the national average.
  • What are the cheapest months to find an apartment to rent in 46342?
    Last year, the cheapest month to find an apartment to rent was Mar 2025 when it was $1,250 per month.
  • How many cheap apartments are available in 46342?
    There are 13 apartments to rent that are cheaper than the city’s average rent of $1,250.
  • When is the average rent most expensive in 46342?
    In the last year, the average rent in 46342 was highest in Jun 2025 when it was $1,500 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 46342?
    The average rent of a 1 bedroom apartment in 46342 is $1,200 per month. That is about $205 more than the cost of a studio apartment.
  • What are some cities near 46342?
    Some nearby cities include: Hobart, New Chicago, Lake Station, Merrillville, Portage, Gary. These cities may have more rental options to explore.