Cheap Apartments for Rent in 46409

33 rentals

Apartments For Rent Near 46409

We found 30 more apartments matching your filters just outside 46409

Average Rent Trends in 46409

Rent in 46409 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Nov 2026 compared to the previous month. Rent previously peaked in May 2025.
MonthAverage rent
Dec 2025$1,420
Jan 2026$1,295
Feb 2026$1,400
Mar 2026$1,400
Apr 2026$1,400
May 2026$1,400
Jun 2026$1,350
Jul 2026$1,450
Aug 2026$1,400
Sep 2026$1,300
Oct 2026$1,400
Nov 2026$1,400
View as a graph

Average Rent By Bedroom and Home Type

In November 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—$1,250$1,400$1,825$1,450
Townhomes——$1,250—$1,250
Apartments and Condos——$1,200—$1,200
Houses—$1,548$1,400$1,825$1,450

Frequently Asked Questions about Rentals in 46409

  • What is the average rent of an apartment in 46409?
    The average rent of an apartment in 46409 is $1,318 per month. This is about 32% lower than the national average.
  • What are the cheapest months to find an apartment to rent in 46409?
    Last year, the cheapest month to find an apartment to rent was Feb 2025 when it was $1,200 per month.
  • How many cheap apartments are available in 46409?
    There are 19 apartments to rent that are cheaper than the city’s average rent of $1,450.
  • When is the average rent most expensive in 46409?
    In the last year, the average rent in 46409 was highest in May 2025 when it was $1,500 per month.
  • What are some cities near 46409?
    Some nearby cities include: New Chicago, Gary, Lake Station, Hobart, Merrillville, Griffith. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 46409 - 84 Rentas | Trulia