Apartments in 46229

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1
3D Tour
$1,549
11341 Watts Bar Court Indianapolis, IN
3 BR | Ask for Availability
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Dishwasher
St Joseph
47
Call for Pricing
2910 A White Knight Blvd Indianapolis, IN
2 - 3 BR | Available Now
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Air Conditioning
Surface Parking
Balcony/Deck/Patio
37
$925 - 1,647
2755 Merlin Lake Drive Indianapolis, IN
1 - 2 BR | Available Now
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Balcony/Deck/Patio
7
$995 - 1,295
931 Spy Run Indianapolis, IN
1 - 3 BR | Available Now
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Disability Access
St Joseph
5
$2,800
Indianapolis, IN
5 BR | Available Now
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2
$825
915 N Muessing St Indianapolis, IN
1 BR | Available Now
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St Joseph
1
$1,775
2646 Lullwater Ln Indianapolis, IN
3 BR | Available Now
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14
$850
9120 E. 10Th Street Indianapolis, IN
2 BR | Available Now
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19
$ Ask - 1,689
2910 A White Knight Blvd Indianapolis, IN
2 - 3 BR | Available Now
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Townhome
Air Conditioning
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25
$873 - 1,534
2755 Merlin Lake Drive Indianapolis, IN
1 - 3 BR | Available Now
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How much does it cost to rent an apartment in 46229?

46229 apartments
Bed Type Average Rent Range
1BR $930 $830 - $990
2BR $1,070 $850 - $1,300
3BR $1,420 $1,270 - $1,780
Find an Apartment in 46229
Looking for apartments for rent in the 46229 zip code of Indianapolis, IN? Rentable has provided some valuable information to help you in your search. Currently, there are 41 units available for rent in 46229. The average rent in this area is $950, and you can find 1-bedroom units starting at $832.

If you're considering living in the 46229 zip code, one of the top neighborhoods to explore is St Joseph. This neighborhood offers a convenient location with proximity to various amenities and attractions.

When it comes to nearby points of interest, there are several parks in the vicinity that can provide a great outdoor experience. Spend your leisure time exploring the beautiful green spaces in and around the 46229 area.

If you're searching for apartments near 46229 in Indianapolis, IN, Rentable has got you covered. Take a look at our listings to find the perfect rental that suits your needs and budget. Whether you're looking for a cozy studio or a spacious apartment, you're sure to find a great option in the 46229 zip code. Start your apartment hunt today and discover the ideal place to call home in Indianapolis.

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.