Apartments in 46516
47 rentals
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- NEW - 1 DAY AGOPET FRIENDLYFURNISHEDTotal price$1,148 - $1,546/mo1-2 Beds1-2 BathsArbor Lakes Apartments | 22538 Pine Arbor Dr,
Elkhart, IN 46516 - NEW - 1 DAY AGOPET FRIENDLY
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Average Rent Trends in 46516
Rent in 46516 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment increased in Aug 2026 compared to the previous month. Rent for apartments peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $939 |
| Oct 2025 | $959 |
| Nov 2025 | $984 |
| Dec 2025 | $977 |
| Jan 2026 | $971 |
| Feb 2026 | $955 |
| Mar 2026 | $946 |
| Apr 2026 | $933 |
| May 2026 | $953 |
| Jun 2026 | $950 |
| Jul 2026 | $960 |
| Aug 2026 | $971 |
Average Rent By Bedroom and Home Type
In August 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $833 | $900 | $1,300 | $1,100 | $950 |
| Townhomes | $1,750 | — | $2,600 | — | $1,750 |
| Apartments and Condos | $833 | $800 | $1,000 | — | $862 |
| Houses | — | $1,350 | $1,400 | $1,100 | $1,400 |
Frequently Asked Questions about Apartments and Condos for rent in 46516
- What is the average rent of an apartment in 46516?The average rent of an apartment in 46516 is $971 per month. This is about 51% lower than the national average.
- When is the average rent for an apartment cheapest in 46516?In the last year, the average rent in 46516 was lowest in Jan 2025 when it was $730 per month.
- When is the average rent for an apartment most expensive in 46516?In the last year, the average rent in 46516 was highest in Jun 2025 when it was $1,091 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 46516?The average rent of a 1 bedroom apartment in 46516 is $892 per month. That is about $292 more than the cost of a studio apartment.
- How many apartments or condos are available to rent in 46516?There are 43 available apartments or condos to rent in 46516.
- What are some cities near 46516?
View this page in Spanish: Apartamentos en 46516 - 141 Apartamentos | Trulia