Cheap Apartments for Rent in 46616

28 rentals

Apartments For Rent Near 46616

We found 30 more apartments matching your filters just outside 46616

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 increased in Jun 2026 compared to the previous month. Rent previously peaked in Jul 2025.
MonthAverage rent
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
Jun 2026$1,200
View as a graph

Average Rent By Bedroom and Home Type

In July 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types$950$1,095$1,356$1,800$1,350
Apartments and Condos$975—$1,200—$1,100
Houses$950$1,049$1,356$1,800$1,356

Frequently Asked Questions about Rentals in 46616

  • What is the average rent of an apartment in 46616?
    The average rent of an apartment in 46616 is $1,038 per month. This is about 47% lower than the national average.
  • When is the average rent cheapest in 46616?
    In the last year, the average rent in 46616 was lowest in Jan 2025 when it was $1,100 per month.
  • When is the average rent most expensive in 46616?
    In the last year, the average rent in 46616 was highest in Jul 2025 when it was $1,300 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 46616?
    The average rent of a 1 bedroom apartment in 46616 is $950 per month. That is about $340 less than the cost of a studio apartment.
  • How many available rental listings are in 46616?
    There are 27 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.