Apartments in 46516
58 rentals
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,399 - $1,770/mo
1-2 Beds
1-2 BathsRiver Point West | 200 Jr Achievement Dr #C205,
Elkhart, IN 46516
Use arrow keys to navigatePET FRIENDLYTotal price$1,138 - $1,523/mo1-2 Beds1-2 BathsArbor Lakes Apartments | 22538 Pine Arbor Dr #22442B3A,
Elkhart, IN 46516
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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 increased in May 2026 compared to the previous month. Rent previously peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,091 |
| Jul 2025 | $951 |
| Aug 2025 | $961 |
| Sep 2025 | $939 |
| Oct 2025 | $959 |
| Nov 2025 | $984 |
| Dec 2025 | $977 |
| Jan 2026 | $971 |
| Feb 2026 | $956 |
| Mar 2026 | $946 |
| Apr 2026 | $934 |
| May 2026 | $953 |
Average Rent By Bedroom and Home Type
In May 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 | $750 | $895 | $1,100 | $1,400 | $800 |
| Townhomes | $1,750 | — | — | — | $1,750 |
| Apartments and Condos | $750 | $850 | $950 | $1,375 | $800 |
| Houses | — | $900 | $1,350 | $1,400 | $1,350 |
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 $950 per month. This is about 51% lower than the national average.
- When is the average rent 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 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 $899 per month. That is about $299 more than the cost of a studio apartment.
- How many apartments or condos are available to rent in 46516?There are 59 available apartments or condos to rent in 46516.
- What are some cities near 46516?