Cheap Apartments for Rent in 46404
47 rentals
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Average Rent Trends in 46404
Rent in 46404 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,750 |
| Jul 2025 | $1,750 |
| Aug 2025 | $1,450 |
| Sep 2025 | $1,450 |
| Oct 2025 | $1,400 |
| Nov 2025 | $1,394 |
| Dec 2025 | $1,375 |
| Jan 2026 | $1,350 |
| Feb 2026 | $1,300 |
| Mar 2026 | $1,375 |
| Apr 2026 | $1,350 |
| May 2026 | $1,300 |
Average Rent By Bedroom and Home Type
In May 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 | $1,080 | $1,150 | $1,350 | $1,850 | $1,300 |
| Townhomes | $967 | — | — | — | $967 |
| Apartments and Condos | $1,080 | $1,100 | — | $1,900 | $1,100 |
| Houses | $875 | $1,300 | $1,350 | $1,850 | $1,495 |
Frequently Asked Questions about Rentals in 46404
- What is the average rent in 46404?The average rent in 46404 is $1,300. Rent prices range from $750 to as much as $2,150, depending on the type of rental.
- How does the rent in 46404 compare to the national average?Average rent in 46404 is about 32% lower than the national average rent of $1,910. That means it is less expensive to rent in 46404 compared to the U.S. average.
- What is the average rent in 46404, by number of bedrooms?The average rent in 46404 is $775 for a studio, $1,080 for a 1 bedroom, $1,150 for a 2 bedroom, $1,350 for a 3 bedroom, and $1,850 for a 4 bedroom.
- How have rent prices in 46404 changed compared to last year?In the past year, the average rent price in 46404 has decreased by $350. That means the average rent is 27% lower than last year.
- How many available rental listings are in 46404?There are 47 available rental listings in 46404.
- What are some cities near 46404?Some nearby cities include: Gary, Griffith, Highland, New Chicago, East Chicago, Lake Station. These cities may have more rental options to explore.