Cheap Apartments for Rent in 46342

21 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 increased in Aug 2026 compared to the previous month. Rent previously peaked in Jun 2025.
MonthAverage rent
Sep 2025$1,500
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
View as a graph

Average Rent By Bedroom and Home Type

In August 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$1,095$1,350$1,780$1,395$1,350
Townhomes$2,800$1,150——$2,800
Apartments and Condos$950$1,350——$1,095
Houses—$1,465$1,650$1,395$1,500

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 $1,103 per month. This is about 44% lower than the national average.
  • When is the average rent cheapest in 46342?
    In the last year, the average rent in 46342 was lowest in Mar 2025 when it was $1,250 per month.
  • 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 $1,095 per month. That is about $100 more than the cost of a studio apartment.
  • How many available rental listings are in 46342?
    There are 79 available rental listings in 46342.
  • 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.