Apartments in 46220

1 - 14 of 14 Results
39
$2,450 - 3,377
Deal
3.4
5858 N College Ave Indianapolis, IN
2 BR | Aug. 4, 2024
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Cat Friendly
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Air Conditioning
In Unit Laundry
25
$1,275 - 1,475
Deal
3.4
4901 Whitton Place Indianapolis, IN
2 - 3 BR | Available Now
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Luxury
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In Unit Laundry
6
$995 - 1,340
3836 Arbor Green Ln Indianapolis, IN
1 - 2 BR | Available Now
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Pool
13
$1,039 - 1,139
Indianapolis, IN
1 - 2 BR | Available Now
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Balcony/Deck/Patio
31
$1,299 - 1,399
Deal
2.2
6111 Allisonville Road Indianapolis, IN
1 - 2 BR | Jul. 8, 2024
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4
$875
6221 N College Ave Indianapolis, IN
1 BR | Available Now
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18
$1,100
5879 Rosslyn Ave Indianapolis, IN
1 BR | Available Now
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Dishwasher
11
$899 - 1,204
5778 Brockton Drive Indianapolis, IN
2 - 3 BR | Available Now
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Luxury
Townhome
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13
$919 - 974
1105 Westfield Court Indianapolis, IN
1 BR | Available Now
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$2,200
2306 E 57th St Indianapolis, IN
4 BR | Available Now
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30
$1,475 - 1,969
5934 Carvel Ave Indianapolis, IN
2 BR | Available Now
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7
$1,195
Indianapolis, IN
4 BR | Available Now
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3
$1,019 - 1,319
Indianapolis, IN
2 - 3 BR | Available Now
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Fitness Center
$2,495
6024 Hillside Ave E Dr Indianapolis, IN
3 BR | Available Now
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1 - 14 of 14 Results
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  3. 46220

How much does it cost to rent an apartment in 46220?

46220 apartments
Bed Type Average Rent Range
1BR $1,030 $890 - $1,300
2BR $1,180 $930 - $2,040
3BR $1,400 $1,200 - $2,500
Find an Apartment in 46220
Looking for apartments for rent in 46220, Indianapolis, IN? Rentable has a variety of options available in this zip code. Currently, there are 50 units available for rent in this area. The average rent in 46220 is $1,160, with floor plans starting at $888.

The 46220 zip code is home to several charming neighborhoods, including Broad Ripple, Glendale, and Meridian-Kessler. The area offers a range of amenities for residents to enjoy, such as parks, restaurants, and local shops. Some popular nearby points of interest include the Indianapolis Museum of Art and the Central Canal Towpath, both offering opportunities for outdoor recreation.

If you're seeking apartments near 46220, Rentable has a selection of rental options to suit your needs. Whether you're looking for a cozy studio or a spacious family home, you can find the perfect place to call home in the 46220 area. Explore Rentable's listings in 46220 and start your search for your next Indianapolis apartment today.

Indianapolis:
May Rent Report

Welcome to the May 2024 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Indianapolis rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Indianapolis and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Indianapolis average rent prices in the chart below.

Monthly Rent Report

$1,300
$980
$650
$330
$0
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
1 BR       2 BR

Indianapolis Rent Prices Decrease From April to May

Indianapolis rent prices decreased over the last month. From April to May, the city experienced a -0.31% decrease for the price of a one-bedroom apartment. The rent price for a Indianapolis one-bedroom apartments currently stands at $980.0.

When we take a look at the two-bedroom comparison from April to May, Indianapolis experienced a 0.9% increase for the price of a two-bedroom apartment. The rent price for a Indianapolis two-bedroom apartments currently stands at $1,231.0.

May Prices: Indianapolis vs. Surrounding Areas

Whitestown, IN
Carmel, IN
Plainfield, IN
Fishers, IN
Noblesville, IN
Greenwood, IN
Indianapolis, IN
Speedway, IN
$1,722
$1,554
$1,450
$1,422
$1,386
$1,054
$969
$895
$0
$600
$1,200
$1,800
$2,400
Median 1 BR Rent

Rent Prices in Indianapolis and Surrounding Areas

Rent prices have decreased in Indianapolis over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 5 of the Indianapolis suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Carmel, IN, Noblesville, IN, Whitestown, IN, Speedway, IN, Plainfield, IN .

  • Rent decreased in Fishers, IN, Greenwood, IN.

  • 6 suburbs are currently priced higher than the city of Indianapolis.

  • 1 suburb is currently priced lower than the city of Indianapolis.

May 2024 Pricing Trends: Indianapolis vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Indianapolis, IN
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$969
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Indianapolis Rent Prices More Affordable Than Major Cities

Rent growth in Indianapolis over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Indianapolis average rent prices appear to be relatively affordable for local residents.

The price for a Indianapolis one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Indianapolis and surrounding area rent prices, take a look at the complete data set below.

Data set for Indianapolis and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Indianapolis, IN $969.0 -1.12% $1,245.0 1.14%
Carmel, IN $1,554.0 4.02% $1,989.0 11.49%
Noblesville, IN $1,386.0 0.73% $1,701.0 1.19%
Whitestown, IN $1,722.0 2.81% $1,869.0 2.08%
Speedway, IN $895.0 0.22% $1,107.0 -0.36%
Fishers, IN $1,422.0 -2.54% $1,792.0 -4.78%
Greenwood, IN $1,054.0 -0.66% $1,283.0 -0.46%
Plainfield, IN $1,450.0 0.35% $1,703.0 -0.70%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.