Cheap Apartments for Rent in 46408

33 rentals

Apartments For Rent Near 46408

We found 30 more apartments matching your filters just outside 46408

Average Rent Trends in 46408

Rent in 46408 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Oct 2026 compared to the previous month. Rent previously peaked in Aug 2025.
MonthAverage rent
Nov 2025$1,150
Dec 2025$1,338
Jan 2026$1,350
Feb 2026$1,300
Mar 2026$1,295
Apr 2026$1,200
May 2026$1,200
Jun 2026$1,395
Jul 2026$1,300
Aug 2026$1,400
Sep 2026$1,200
Oct 2026$1,175
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$850$1,150$1,350$1,800$1,150
Townhomes—$1,150——$1,150
Apartments and Condos$850$950$1,100—$900
Houses—$1,150$1,600$1,800$1,450

Frequently Asked Questions about Rentals in 46408

  • What is the average rent of an apartment in 46408?
    The average rent of an apartment in 46408 is $1,025 per month. This is about 47% lower than the national average.
  • What are the cheapest months to find an apartment to rent in 46408?
    Last year, the cheapest month to find an apartment to rent was Apr 2025 when it was $875 per month.
  • How many cheap apartments are available in 46408?
    There are 15 apartments to rent that are cheaper than the city’s average rent of $1,150.
  • When is the average rent most expensive in 46408?
    In the last year, the average rent in 46408 was highest in Aug 2025 when it was $1,350 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 46408?
    The average rent of a 1 bedroom apartment in 46408 is $850 per month. That is about $155 more than the cost of a studio apartment.
  • What are some cities near 46408?
    Some nearby cities include: Griffith, Gary, Highland, Merrillville, New Chicago, Schererville. These cities may have more rental options to explore.