Cheap Apartments for Rent in 46542

2 rentals

Apartments For Rent Near 46542

We found 30 more apartments matching your filters just outside 46542

Average Rent Trends in 46542

Rent in 46542 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 Jan 2026.
MonthAverage rent
Apr 2025$800
May 2025$800
Jun 2025$750
Sep 2025$886
Oct 2025$886
Nov 2025$886
Dec 2025$865
Jan 2026$937
Feb 2026$865
Mar 2026$886
Apr 2026$644
May 2026$850
View as a graph

Average Rent By Bedroom and Home Type

1 bed2 beds3 beds4 bedsAll
All home types$1,000$644——$850
Apartments and Condos$1,000$850——$1,000

Frequently Asked Questions about Rentals in 46542

  • What is the average rent of an apartment in 46542?
    The average rent of an apartment in 46542 is $831 per month. This is about 57% lower than the national average.
  • When is the average rent cheapest in 46542?
    In the last year, the average rent in 46542 was lowest in Jun 2025 when it was $750 per month.
  • When is the average rent 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 does the rent of a 1 bedroom apartment compare to a studio apartment in 46542?
    The average rent of a 1 bedroom apartment in 46542 is $1,000 per month. That is about $150 more than the cost of a studio apartment.
  • How many available rental listings are in 46542?
    There are 3 available rental listings 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.