Apartments For Rent By Private Owner in 46516

15 rentals

Apartments For Rent Near 46516

We found 10 more apartments matching your filters just outside 46516

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 decreased in Oct 2026 compared to the previous month. Rent previously peaked in Feb 2025.
MonthAverage rent
Nov 2025$825
Dec 2025$800
Jan 2026$800
Feb 2026$800
Mar 2026$800
Apr 2026$795
May 2026$800
Jun 2026$800
Jul 2026$850
Aug 2026$950
Sep 2026$921
Oct 2026$900
View as a graph

Average Rent By Bedroom and Home Type

In October 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$800$925$1,150$1,500$900
Townhomes$1,950—$2,600—$1,950
Apartments and Condos$800$900$1,150—$895
Houses—$950$1,100$1,500$1,350

Frequently Asked Questions about Rentals in 46516

  • What is the average rent of an apartment in 46516?
    The average rent of an apartment in 46516 is $943 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 $775 per month.
  • When is the average rent most expensive in 46516?
    In the last year, the average rent in 46516 was highest in Feb 2025 when it was $1,000 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 $800 per month. That is about $200 more than the cost of a studio apartment.
  • How many available rental listings are in 46516?
    There are 74 available rental listings in 46516.
  • What are some cities near 46516?
    Some nearby cities include: Elkhart, Osceola, Bristol, Goshen, Union, Edwardsburg. These cities may have more rental options to explore.
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