Apartments in 46240

1 - 12 of 12 Results
18
$1,195 - 1,249
8905 Evergreen Ave Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Senior Community
Air Conditioning
Balcony/Deck/Patio
17
$1,037 - 1,455
8921 Compton St Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
In Unit Laundry
Balcony/Deck/Patio
48
$1,345 - 2,130
3914 Lake Clearwater Pl Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
25
$1,324 - 1,854
4825 Cameron Ridge Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
37
$1,219 - 1,624
8720 Knickerbocker Way Indianapolis, IN
1 - 2 BR | Available Now
Contact
Luxury
Fitness Center
Pool
50
$1,372 - 2,317
8785 Keystone Xing Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
1
$1,500
645 E 93rd St Indianapolis, IN
3 BR | Available Now
Contact
House
Dishwasher
12
3D Tour
$449 - 819
9000 N College Avenue Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Pool
13
$964 - 1,439
4825 Cameron Ridge Drive Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
In Unit Laundry
26
$1,389 - 1,580
3914 Lake Clearwater Place Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
14
$859 - 954
8607 Cholla Road Indianapolis, IN
1 - 2 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
17
3D Tour
$904 - 1,814
8720 Knickerbocker Wa Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Townhome
Air Conditioning
1 - 12 of 12 Results
  1. Home
  2. Indianapolis
  3. 46240

How much does it cost to rent an apartment in 46240?

46240 apartments
Bed Type Average Rent Range
Studio $470 $450 - $490
1BR $1,420 $920 - $1,610
2BR $1,630 $750 - $2,270
3BR $1,500 $1,460 - $1,810
Find an Apartment in 46240
Looking for apartments for rent in 46240 Indianapolis, IN? Look no further! Right now, there are 131 units available for rent in this area on Rentable. The average rent in 46240 is $1,430, with studio units starting at $449.

The 46240 zip code is located in the northern part of Indianapolis and offers a variety of amenities and attractions. Nearby points of interest include The Fashion Mall at Keystone, a premier shopping destination, and Keystone at the Crossing, a bustling commercial area with a wide range of dining and entertainment options. Additionally, 46240 is known for its proximity to several beautiful parks, including Holliday Park and Marott Park, which offer opportunities for outdoor activities and relaxation.

If you're searching for apartments near 46240, Rentable has a variety of options to suit different preferences and budgets. Take a look at our apartments in 46240 Indianapolis, IN and find the perfect place to call home.

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.