Apartments in 46221

1 - 17 of 17 Results
3
$1,180
4004 Highland Cir Indianapolis, IN
3 BR | Available Now
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Air Conditioning
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1
3D Tour
$1,499
6367 River Run Drive Indianapolis, IN
3 BR | Available Now
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Balcony/Deck/Patio
1
$1,075
Indianapolis, IN
2 BR | Jan. 25, 2025
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51
$1,850
4816 Gambel Rd Indianapolis, IN
4 BR | Available Now
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8
$1,199
1342 Lee St Indianapolis, IN
3 BR | Available Now
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West Indianapolis
11
$1,525
5348 Dollar Run Dr Indianapolis, IN
3 BR | Available Now
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Air Conditioning
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17
$1,395
3345 Mars Hill Ave Indianapolis, IN
2 BR | Available Now
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15
$1,150
1210 S Sheffield Ave Indianapolis, IN
2 BR | Available Now
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West Indianapolis
3
$950 - 1,075
5838 W Mooresville Rd Indianapolis, IN
Studio - 1 BR | Available Now
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7
$950
Indianapolis, IN
3 BR | Available Now
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11
$1,050
Indianapolis, IN
4 BR | Available Now
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West Indianapolis
8
$1,200
Indianapolis, IN
3 BR | Ask for Availability
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0
$1,150
Indianapolis, IN
3 BR | Available Now
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West Indianapolis
0
$2,400
6329 Basden Dr Indianapolis, IN
4 BR | Available Now
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27
$905
4955 Red Horizon Blvd Indianapolis, IN
2 BR | Available Now
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30
$978 - 1,750
6702 Trunk Way Indianapolis, IN
1 - 4 BR | Available Now
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$1,395
Indianapolis, IN
3 BR | Available Now
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1 - 17 of 17 Results
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  3. 46221

How much does it cost to rent an apartment in 46221?

46221 apartments
Bed Type Average Rent Range
Studio $950 $950 - $950
1BR $990 $980 - $1,080
2BR $1,150 $910 - $1,400
3BR $1,200 $1,000 - $1,520
4+BR $1,750 $1,050 - $2,400
Find an Apartment in 46221
Looking for apartments for rent in the 46221 zip code in Indianapolis, IN? Rentable has provided some valuable information for you. Currently, there are 40 units available for rent in this area. The average rent in 46221 is $1,250, and the minimum rent for a 2-bedroom floor plan starts at $905.

When it comes to top neighborhoods in 46221, West Indianapolis stands out. This neighborhood offers a great location with easy access to nearby points of interest and community amenities. With a variety of parks, restaurants, and shopping centers nearby, you'll have plenty of options for entertainment and convenience.

If you're looking for apartments near 46221, be sure to explore Rentable's listings in this area. With a range of rental options to choose from, you'll be able to find the perfect home that suits your needs and preferences. Don't miss out on the opportunity to find your ideal apartment in Indianapolis, IN. Start your search with Rentable today.

Indianapolis:
November Rent Report

Welcome to the November 2024 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 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

$1,350
$1,010
$680
$340
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Indianapolis Rent Prices Increase From October to November

Indianapolis rent prices increased over the last month. From October to November, the city experienced a 2.16% increase for the price of a one-bedroom apartment. The rent price for a Indianapolis one-bedroom apartments currently stands at $1,041.0.

When we take a look at the two-bedroom comparison from October to November, Indianapolis experienced a 1.33% increase for the price of a two-bedroom apartment. The rent price for a Indianapolis two-bedroom apartments currently stands at $1,223.0.

November Prices: Indianapolis vs. Surrounding Areas

Whitestown, IN
Carmel, IN
Greenwood, IN
Plainfield, IN
Noblesville, IN
Westfield, IN
Indianapolis, IN
Speedway, IN
$1,688
$1,587
$1,573
$1,500
$1,424
$1,219
$1,019
$937
$0
$550
$1,100
$1,650
$2,200
Median 1 BR Rent

Rent Prices in Indianapolis and Surrounding Areas

Rent prices have increased 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 2 of the Indianapolis suburbs increased last month. On the other hand, 5 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Noblesville, IN, Speedway, IN .

  • Rent decreased in Carmel, IN, Greenwood, IN, Whitestown, IN, Plainfield, IN, Westfield, IN.

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

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

November 2024 Pricing Trends: Indianapolis vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Indianapolis, IN
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$1,019
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Indianapolis Rent Prices More Affordable Than Major Cities

Rent growth in Indianapolis over the past year has been on the rise. 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 November 1 BR M/M % Change 2 BR November 2 BR M/M % Change
Indianapolis, IN $1,019.0 2.00% $1,207.0 0.17%
Carmel, IN $1,587.0 -0.19% $2,174.0 -0.09%
Greenwood, IN $1,573.0 -1.38% $1,817.0 -1.68%
Whitestown, IN $1,688.0 -2.60% $1,778.0 -3.63%
Noblesville, IN $1,424.0 0.07% $1,760.0 0.69%
Plainfield, IN $1,500.0 -0.13% $1,734.0 -0.46%
Speedway, IN $937.0 0.11% $1,144.0 0.53%
Westfield, IN $1,219.0 -2.09% $1,495.0 -2.35%

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.