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Apartments in 46227

1 - 20 of 20 Results
12
3D Tour
$325 - 455
PER
ROOM
Eastwind Court Haven with Modern Updates & Space to Grow
Deal
3321 Eastwind Ct Indianapolis, IN
1 BR | Available Now
Contact
Heat Included
House
In Unit Laundry
2
$540 - 799
Capital Place Apartments
4100 Continental Ct Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Balcony/Deck/Patio
Storage
1
$1,350
2219-2221 Fairfax Rd
Indianapolis, IN
2 BR | Jun. 27, 2025
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
1
$910 - 940
6933 Buckridge West Dr
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Fitness Center
Storage
25
$1,123 - 1,199
Brookhaven At County Line Senior Apartments
3.0
940 Wild Indigo Ln Indianapolis, IN
1 - 2 BR | Available Now
Contact
Senior Community
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
Disability Access
18
$1,125 - 1,630
South Haven Village Apartments
1542 Citrin Pl Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
2
$775 - 935
170 - Markwood Associates
920 E Markwood Ave Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
23
$840 - 1,343
South & Madison
1834 Madison Village Dr Indianapolis, IN
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
0
$975 - 1,100
The Sterling
8020 Madison Ave Indianapolis, IN
1 - 2 BR | Apr. 14, 2025
Contact
Dog Friendly
Cat Friendly
Air Conditioning
1
$750
251 - 253 S Dearborn
251-253 S Dearborn St Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
21
$700 - 1,200
Stone Lake
Deal
2913 E Hanna Ave Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$1,795
Cozy Comfort Awaits At 3402 Boxwood Drive!
3402 Boxwood Dr Indianapolis, IN
3 BR | Available Now
Contact
Dog Friendly
House
1
$1,600
Huge 4 Bedroom 2 Bath House With Garage
3730 Fetlock Dr Indianapolis, IN
4 BR | Apr. 24, 2025
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
13
$1,150 - 1,250
3416 Montgomery Drive
Indianapolis, IN
3 BR | Available Now
Contact
Air Conditioning
Dishwasher
10
$975
1150 East Martin Street
Indianapolis, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
30
$850 - 1,150
Brookwood Apartments
5301 S Turtle Creek Drive Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
11
$625 - 735
Fox Club
Deal
4401 South Keystone Avenue Indianapolis, IN
1 - 2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
Dishwasher
11
$749 - 1,030
Sherbrook
8026 Mcfarland Court Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Balcony/Deck/Patio
12
$625 - 985
Berkley Commons Apartments
8201 Madison Ave Indianapois, IN
1 - 4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
4
$725
1 Bedroom Shelby Unit
1952 S Shelby St Indianapolis, IN
1 BR | Ask for Availability
Contact
Air Conditioning
1 - 20 of 20 Results
  1. Home
  2. Indianapolis
  3. 46227

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

46227 apartments
Bed Type Average Rent Range
Studio $810 $750 - $840
1BR $850 $560 - $1,120
2BR $950 $630 - $1,290
3BR $1,280 $800 - $1,760
Frequently Asked Questions

How many apartments are available in 46227 on Rentable.co?

Rentable.co has 20 apartments available for rent in 46227.

What is the average rent for an apartment in 46227?

The average rent for an apartment in 46227 is around $920 per month.

What is the average rent for a two-bedroom apartment in 46227?

The average rent for a two-bedroom apartment in 46227 is around $950 per month.

What is the average rent for a one-bedroom apartment in 46227?

The average rent for a one-bedroom apartment in 46227 is around $850 per month.

What is the average rent for a studio apartment in 46227?

The average rent for a studio apartment in 46227 is around $809 per month.

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 94 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 $562.

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:
April Rent Report

Welcome to the April 2025 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 2025 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
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
Feb. 2025
Mar. 2025
Apr. 2025
1 BR       2 BR

Indianapolis Rent Prices Increase From March to April

Indianapolis rent prices increased over the last month. From March to April, the city experienced a 2.5% increase for the price of a one-bedroom apartment. The rent price for a Indianapolis one-bedroom apartments currently stands at $1,064.0.

When we take a look at the two-bedroom comparison from March to April, Indianapolis experienced a 2.67% increase for the price of a two-bedroom apartment. The rent price for a Indianapolis two-bedroom apartments currently stands at $1,267.0.

April Prices: Indianapolis vs. Surrounding Areas

Whitestown, IN
Carmel, IN
Fishers, IN
Westfield, IN
Noblesville, IN
Greenwood, IN
Speedway, IN
Indianapolis, IN
$1,666
$1,551
$1,459
$1,444
$1,434
$1,216
$1,117
$1,038
$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 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 Noblesville, IN, Whitestown, IN, Fishers, IN, Westfield, IN, Speedway, IN .

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

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

April 2025 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
$4,079
$3,149
$2,365
$2,334
$1,894
$1,284
$1,245
$1,207
$1,038
$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 April 1 BR M/M % Change 2 BR April 2 BR M/M % Change
Indianapolis, IN $1,038.0 1.17% $1,234.0 1.15%
Carmel, IN $1,551.0 -1.27% $1,938.0 -4.11%
Noblesville, IN $1,434.0 1.20% $1,798.0 1.35%
Whitestown, IN $1,666.0 0.36% $1,753.0 1.10%
Greenwood, IN $1,216.0 -6.89% $1,452.0 -8.04%
Fishers, IN $1,459.0 1.53% $1,693.0 -0.06%
Westfield, IN $1,444.0 3.07% $1,430.0 -0.14%
Speedway, IN $1,117.0 6.08% $1,208.0 1.17%

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.

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