Apartments in 46227

1 - 19 of 19 Results
22
$1,086 - 1,432
4020 Hanna Village Drive Indianapolis, IN
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
25
$1,038 - 1,165
940 Wild Indigo Ln Indianapolis, IN
1 - 2 BR | Available Now
Contact
Senior Community
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
Disability Access
23
$840 - 1,303
1834 Madison Village Dr Indianapolis, IN
Studio - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
2
$540 - 799
4100 Continental Ct Indianapolis, IN
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
In Unit Laundry
Balcony/Deck/Patio
Storage
1
$875 - 1,025
Indianapolis, IN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Section 8
Fitness Center
Storage
18
$1,425
1542 Citrin Pl Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
6
$950
Indianapolis, IN
3 BR | Available Now
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House
1
$1,300
4163 Weaver Ave Indianapolis, IN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$1,649
3726 Fetlock Dr Indianapolis, IN
4 BR | Jan. 20, 2025
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Dog Friendly
Cat Friendly
House
0
$900 - 1,100
8020 Madison Ave Indianapolis, IN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
21
$700 - 1,200
2913 E Hanna Ave Indianapolis, IN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
13
$1,150 - 1,250
Indianapolis, IN
3 BR | Available Now
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Air Conditioning
Dishwasher
22
$1,150
718 Southfield Ct Indianapolis, IN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
Surface Parking
11
$749 - 1,030
8026 Mcfarland Court Indianapolis, IN
Studio - 1 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Balcony/Deck/Patio
11
$625 - 735
Deal
4401 South Keystone Avenue Indianapolis, IN
1 - 2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
Dishwasher
10
$975
Indianapolis, IN
3 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
30
$850 - 1,150
5301 S Turtle Creek Drive Indianapolis, IN
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
12
$625 - 985
8201 Madison Ave Indianapois, IN
1 - 4 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
4
$725
1952 S Shelby St Indianapolis, IN
1 BR | Ask for Availability
Contact
Air Conditioning
1 - 19 of 19 Results
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  3. 46227

How much does it cost to rent an apartment in 46227?

46227 apartments
Bed Type Average Rent Range
Studio $790 $750 - $840
1BR $880 $560 - $1,090
2BR $940 $630 - $1,250
3BR $1,150 $800 - $1,410
Find an Apartment in 46227
Looking for apartments for rent near 46227 in Indianapolis, IN? Rentable has a variety of options available for you to explore. There are currently 88 units available in the 46227 area, with an average rent of $920. If you're looking for a specific floor plan, you'll be glad to know that the minimum rent for that type is $557.

When it comes to location, 46227 offers convenient access to various amenities and attractions. Whether you're looking for parks, shopping centers, or dining options, you'll find plenty of choices in the area.

Ready to find your next home? Explore Rentable's apartments near 46227 Indianapolis, IN and discover the perfect place for you.

Indianapolis:
December Rent Report

Welcome to the December 2024 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 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
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Indianapolis Rent Prices Increase From November to December

Indianapolis rent prices increased over the last month. From November to December, the city experienced a 0.38% increase for the price of a one-bedroom apartment. The rent price for a Indianapolis one-bedroom apartments currently stands at $1,045.0.

When we take a look at the two-bedroom comparison from November to December, Indianapolis experienced a 0.74% increase for the price of a two-bedroom apartment. The rent price for a Indianapolis two-bedroom apartments currently stands at $1,232.0.

December Prices: Indianapolis vs. Surrounding Areas

Whitestown, IN
Carmel, IN
Greenwood, IN
Plainfield, IN
Noblesville, IN
Westfield, IN
Indianapolis, IN
$1,654
$1,586
$1,520
$1,503
$1,424
$1,233
$1,041
$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, 4 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Plainfield, IN, Westfield, IN .

  • Rent decreased in Carmel, IN, Greenwood, IN, Whitestown, IN, Noblesville, IN.

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

December 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
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,234
$1,041
$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 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 December 1 BR M/M % Change 2 BR December 2 BR M/M % Change
Indianapolis, IN $1,041.0 2.16% $1,223.0 1.33%
Carmel, IN $1,586.0 -0.06% $2,164.0 -0.46%
Greenwood, IN $1,520.0 -3.37% $1,763.0 -2.97%
Whitestown, IN $1,654.0 -2.01% $1,714.0 -3.60%
Noblesville, IN $1,424.0 0.00% $1,761.0 0.06%
Plainfield, IN $1,503.0 0.20% $1,695.0 -2.25%
Westfield, IN $1,233.0 1.15% $1,453.0 -2.81%

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.