Cheap Apartments for Rent in 46616
44 rentals
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Average Rent Trends in 46616
Rent in 46616 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,250 |
| Jul 2025 | $1,300 |
| Aug 2025 | $1,200 |
| Sep 2025 | $1,200 |
| Oct 2025 | $1,200 |
| Nov 2025 | $1,150 |
| Dec 2025 | $1,225 |
| Jan 2026 | $1,250 |
| Feb 2026 | $1,200 |
| Mar 2026 | $1,100 |
| Apr 2026 | $1,100 |
| May 2026 | $1,100 |
Average Rent By Bedroom and Home Type
In May 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $975 | $1,100 | $1,400 | $2,200 | $1,100 |
| Townhomes | — | — | $1,000 | — | $1,000 |
| Apartments and Condos | $880 | $1,100 | $1,250 | — | $1,100 |
| Houses | $1,100 | $1,086 | $1,389 | $2,200 | $1,350 |
Frequently Asked Questions about Rentals in 46616
- What is the average rent in 46616?The average rent in 46616 is $1,100. Rent prices range from $750 to as much as $2,800, depending on the type of rental.
- How does the rent in 46616 compare to the national average?Average rent in 46616 is about 42% lower than the national average rent of $1,910. That means it is less expensive to rent in 46616 compared to the U.S. average.
- What is the average rent in 46616, by number of bedrooms?The average rent in 46616 is $1,290 for a studio, $975 for a 1 bedroom, $1,075 for a 2 bedroom, $1,400 for a 3 bedroom, and $2,495 for a 4 bedroom.
- How have rent prices in 46616 changed compared to last year?In the past year, the average rent price in 46616 has decreased by $23. That means the average rent is 2% lower than last year.
- How many available rental listings are in 46616?There are 42 available rental listings in 46616.
- What are some cities near 46616?Some nearby cities include: Indian Village, South Bend, Gulivoire Park, Granger, Mishawaka, Niles. These cities may have more rental options to explore.