Apartments in 46516

1 - 11 of 11 Results
48
$1,144 - 1,872
22538 Pine Arbor Dr Elkhart, IN
1 - 2 BR | Available Now
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Air Conditioning
Surface Parking
In Unit Laundry
Dishwasher
Pool
45
$1,069 - 1,399
1100 Clarinet Blvd W Elkhart, IN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Fitness Center
Pool
38
$1,005 - 1,605
318 Elkhart Ave Elkhart, IN
1 - 2 BR | Available Now
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Heat Included
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
1
$1,200
Elkhart, IN
2 BR | Available Now
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Storage
48
$987 - 1,377
2801 Toledo Rd Elkhart, IN
1 - 3 BR | Aug. 31, 2026
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1
$1,195
Elkhart, IN
2 BR | Available Now
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Air Conditioning
Storage
Dishwasher
1
$775
Elkhart, IN
1 BR | Available Now
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1
$650 - 775
Elkhart, IN
1 BR | Available Now
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1
$750
Elkhart, IN
1 BR | Available Now
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Dog Friendly
Cat Friendly
1
$775
Elkhart, IN
1 BR | Available Now
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19
$926 - 1,539
22538 Pine Arbor Drive Elkhart, IN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
1 - 11 of 11 Results
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How much does it cost to rent an apartment in 46516?

46516 apartments
Bed Type Average Rent Range
1BR $1,010 $780 - $1,200
2BR $1,360 $1,120 - $1,560
3BR $1,380 $1,380 - $1,380
Find an Apartment in 46516
Looking for apartments for rent in the 46516 zip code in Elkhart, IN? Rentable has a variety of options available for you. Currently, there are 96 units ready for rent in this area. The average rent in 46516 is $1,140, with the least expensive 1-bedroom units starting at $775.

No matter what type of apartment you're looking for, Rentable has listings in the 46516 zip code that cater to various preferences and budgets. Take a look at our apartments near 46516 and find your perfect home today!

Elkhart:
August Rent Report

Welcome to the August 2026 Elkhart Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the August 2026 key findings and figures for the Elkhart rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Elkhart 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 Elkhart average rent prices in the chart below.

Monthly Rent Report

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1 BR       2 BR

Elkhart Rent Prices Decrease From July to August

Elkhart rent prices decreased over the last month. From July to August, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Elkhart one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from July to August, Elkhart experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Elkhart two-bedroom apartments currently stands at $.

August Prices: Elkhart vs. Surrounding Areas

Rent Prices in Elkhart and Surrounding Areas

Rent prices have decreased in Elkhart over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Elkhart suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Elkhart suburbs

  • Rents did not decrease in any of the Elkhart suburbs.

August 2026 Pricing Trends: Elkhart vs. National Comparisons

Elkhart Rent Prices More Affordable Than Major Cities

Rent growth in Elkhart over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Elkhart average rent prices appear to be relatively affordable for local residents.

The price for a Elkhart 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 Elkhart and surrounding area rent prices, take a look at the complete data set below.

Data set for Elkhart and suburbs

1 BR August 1 BR M/M % Change 2 BR August 2 BR M/M % Change

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.