What is the average rent of an apartment in 46542?

The average rent of an apartment in 46542 is $756 per month. This is about 61% lower than the national average.

When is the average rent for an apartment cheapest in 46542?

In the last year, the average rent in 46542 was lowest in Feb 2025 when it was $763 per month.

In the last year, the average rent in 46542 was highest in Sep 2025 when it was $886 per month.

There are 2 available apartments or condos to rent in 46542.

Some nearby cities include: Milford , Leesburg , New Paris , Syracuse , Nappanee , Etna Green . These cities may have more rental options to explore.

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$644/mo
2 Beds
1 Bath
602 W Section St #123,
Milford, IN 46542
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$850/mo
Studio
2 Baths
105 W Emeline St #C,
Milford, IN 46542
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46542
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Apartments For Rent Near 46542

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PET FRIENDLY
$930 - $1,100/mo
1-3 Beds
1-2 Baths
The Meadows | 11 Cardinal St #878d5afd3,
Nappanee, IN 46550
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PET FRIENDLY
$849 - $949/mo
1-2 Beds
1 Bath
Villas of Wawasee | 201 E Greenhaus Dr #24,
Syracuse, IN 46567
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PET FRIENDLY
$895 - $995/mo
1-2 Beds
1-2 Baths
Bison Ridge Apartments | 903 Bison Rdg #56ac6482f,
Nappanee, IN 46550
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$495/mo
Studio
1 Bath
1651 E Market St #5aedf2688,
Nappanee, IN 46550
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$995/mo
2 Beds
1 Bath
301 E Palm Dr,
Syracuse, IN 46567
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APPLY INSTANTLY
$1,495/mo
3 Beds
2 Baths
3,400 sqft
101 W Main St #2,
Syracuse, IN 46567
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APPLY INSTANTLY
$1,450/mo
3 Beds
1 Bath
1,318 sqft
602 S Main St #1,
Nappanee, IN 46550
$750/mo
1 Bed
1 Bath
451 W Market St #C,
Nappanee, IN 46550
$925/mo
2 Beds
1 Bath
209 Stonewall Ct #3*,
Nappanee, IN 46550
$925/mo
2 Beds
1 Bath
211 Stonewall Ct #1*,
Nappanee, IN 46550
$920/mo
2 Beds
1 Bath
218 Stonewall Ct #2*,
Nappanee, IN 46550
$895/mo
2 Beds
1 Bath
201 Stonewall Ct #3,
Nappanee, IN 46550
$915 - $940/mo
2 Beds
1 Bath
216 Stonewall Court | 216 Stonewall Ct #4,
Nappanee, IN 46550
NEW - 37 MIN AGO
$795/mo
2 Beds
1 Bath
208 Stonewall Ct #1*,
Nappanee, IN 46550

Rent in 46542 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.

Average rent for a apartment increased in Jun 2026 compared to the previous month. Rent for apartments peaked in Sep 2025.

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In July 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.

	1 bed	2 beds	3 beds	4 beds	All
All home types	—	$800	—	$1,900	$868
Apartments and Condos	—	$800	—	—	$800
Houses	—	—	—	$1,900	$1,900

What is the average rent of an apartment in 46542?
The average rent of an apartment in 46542 is $756 per month. This is about 61% lower than the national average.
When is the average rent for an apartment cheapest in 46542?
In the last year, the average rent in 46542 was lowest in Feb 2025 when it was $763 per month.
When is the average rent for an apartment most expensive in 46542?
In the last year, the average rent in 46542 was highest in Sep 2025 when it was $886 per month.
How many apartments or condos are available to rent in 46542?
There are 2 available apartments or condos to rent in 46542.
What are some cities near 46542?
Some nearby cities include: Milford, Leesburg, New Paris, Syracuse, Nappanee, Etna Green. These cities may have more rental options to explore.