Cheap Apartments for Rent in 46407
41 rentals
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Average Rent Trends in 46407
Rent in 46407 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Sep 2026 compared to the previous month. Rent previously peaked in Apr 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,150 |
| Nov 2025 | $1,150 |
| Dec 2025 | $1,140 |
| Jan 2026 | $1,150 |
| Feb 2026 | $1,200 |
| Mar 2026 | $1,206 |
| Apr 2026 | $1,200 |
| May 2026 | $1,125 |
| Jun 2026 | $1,100 |
| Jul 2026 | $1,100 |
| Aug 2026 | $1,100 |
| Sep 2026 | $1,110 |
Average Rent By Bedroom and Home Type
In October 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $800 | $1,100 | $1,350 | $1,600 | $1,086 |
| Apartments and Condos | $800 | $1,100 | $1,000 | — | $950 |
| Houses | — | $1,100 | $1,500 | $1,600 | $1,350 |
Frequently Asked Questions about Rentals in 46407
- What is the average rent of an apartment in 46407?The average rent of an apartment in 46407 is $950 per month. This is about 51% lower than the national average.
- What are the cheapest months to find an apartment to rent in 46407?Last year, the cheapest month to find an apartment to rent was Jan 2025 when it was $1,000 per month.
- How many cheap apartments are available in 46407?There are 21 apartments to rent that are cheaper than the city’s average rent of $1,086.
- When is the average rent most expensive in 46407?In the last year, the average rent in 46407 was highest in Apr 2025 when it was $1,200 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 46407?The average rent of a 1 bedroom apartment in 46407 is $800 per month. That is about $100 less than the cost of a studio apartment.
- What are some cities near 46407?Some nearby cities include: Gary, New Chicago, Lake Station, Griffith, Hobart, Merrillville. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 46407 - 44 Rentas | Trulia