Cheap Apartments for Rent in 46408
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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 stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,100 |
| Jul 2025 | $950 |
| Aug 2025 | $1,350 |
| Sep 2025 | $1,350 |
| Oct 2025 | $1,195 |
| Nov 2025 | $1,150 |
| Dec 2025 | $1,338 |
| Jan 2026 | $1,350 |
| Feb 2026 | $1,300 |
| Mar 2026 | $1,300 |
| Apr 2026 | $1,200 |
| May 2026 | $1,200 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $795 | $1,000 | $1,400 | $1,700 | $1,350 |
| Townhomes | — | $1,100 | — | — | $1,275 |
| Apartments and Condos | $795 | $950 | — | — | $900 |
| Houses | — | $1,000 | $1,400 | $1,700 | $1,400 |
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 $900 per month. This is about 53% lower than the national average.
- What is the average rent of a house in 46408?The average rent of a house in 46408 is $1,400 per month. This is about 27% lower than the national average.
- What is the average rent of a townhome in 46408?The average rent of a townhome in 46408 is $1,100 per month. This is about 43% lower than the national average.
- When is the average rent cheapest in 46408?In the last year, the average rent in 46408 was lowest in Apr 2025 when it was $875 per month.
- 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 $795 per month. That is about $100 more than the cost of a studio apartment.
- How many available rental listings are in 46408?There are 48 available rental listings in 46408.
- 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.