Cheap Apartments for Rent in 46561

9 rentals

Apartments For Rent Near 46561

We found 9 more apartments matching your filters just outside 46561

Average Rent Trends in 46561

Rent in 46561 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 May 2025.
MonthAverage rent
Jun 2025$2,600
Jul 2025$2,850
Aug 2025$1,359
Sep 2025$1,650
Oct 2025$1,500
Nov 2025$1,214
Dec 2025$1,189
Jan 2026$1,200
Feb 2026$1,500
Mar 2026$1,200
Apr 2026$1,200
May 2026$1,795
View as a graph

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 bed2 beds3 beds4 bedsAll
All home types$940$1,800$1,795$1,467$1,795
Townhomes—$1,800——$1,800
Apartments and Condos—$6,236——$440
Houses——$1,795$1,500$1,795

Frequently Asked Questions about Rentals in 46561

  • What is the average rent of an apartment in 46561?
    The average rent of an apartment in 46561 is $820 per month. This is about 58% lower than the national average.
  • What is the average rent of a house in 46561?
    The average rent of a house in 46561 is $1,795 per month. This is about 7% lower than the national average.
  • What is the average rent of a townhome in 46561?
    The average rent of a townhome in 46561 is $1,800 per month. This is about 7% lower than the national average.
  • When is the average rent cheapest in 46561?
    In the last year, the average rent in 46561 was lowest in Feb 2025 when it was $1,099 per month.
  • When is the average rent most expensive in 46561?
    In the last year, the average rent in 46561 was highest in May 2025 when it was $3,459 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 46561?
    The average rent of a 1 bedroom apartment in 46561 is $940 per month. That is about $500 more than the cost of a studio apartment.
  • How many available rental listings are in 46561?
    There are 8 available rental listings in 46561.
  • What are some cities near 46561?
    Some nearby cities include: Osceola, Mishawaka, Elkhart, Granger, Wakarusa, Indian Village. These cities may have more rental options to explore.