Cheap Apartments for Rent in 46506

2 rentals

Apartments For Rent Near 46506

We found 30 more apartments matching your filters just outside 46506

Average Rent Trends in 46506

Rent in 46506 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 Feb 2025.
MonthAverage rent
Oct 2025$875
Nov 2025$875
Dec 2025$864
Jan 2026$1,004
Feb 2026$985
Mar 2026$950
Apr 2026$950
May 2026$975
Jun 2026$1,085
Jul 2026$1,073
Aug 2026$1,100
Sep 2026$1,096
View as a graph

Average Rent By Bedroom and Home Type

1 bed2 beds3 beds4 bedsAll
All home types$1,065$1,091——$1,087
Townhomes—$1,275——$1,275

Frequently Asked Questions about Rentals in 46506

  • What is the average rent of an apartment in 46506?
    The average rent of an apartment in 46506 is $1,087 per month. This is about 44% lower than the national average.
  • What are the cheapest months to find an apartment to rent in 46506?
    Last year, the cheapest month to find an apartment to rent was Jan 2025 when it was $795 per month.
  • How many cheap apartments are available in 46506?
    There are 1 apartments to rent that are cheaper than the city’s average rent of $1,087.
  • When is the average rent most expensive in 46506?
    In the last year, the average rent in 46506 was highest in Feb 2025 when it was $875 per month.
  • What are some cities near 46506?
    Some nearby cities include: Bremen, Wyatt, La Paz, Lakeville, Wakarusa, Nappanee. These cities may have more rental options to explore.