Apartments in 46208

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Spacious 5-bedroom Home With Modern Features In Indianapolis! Apartment for rent in Indianapolis, IN
$2,000
1024 36th St Indianapolis, IN
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How much does it cost to rent an apartment in 46208?

46208 apartments
Bed Type Average Rent Range
Studio $650 $460 - $840
1BR $1,000 $750 - $1,280
2BR $1,670 $970 - $1,800
3BR $1,600 $1,250 - $1,940
4+BR $1,460 $1,270 - $1,650
Find an Apartment in 46208
Looking for apartments for rent in the 46208 zip code in Indianapolis, IN? Rentable has a number of options available for you! Currently, there are 95 units ready for rent in this area. The average rent in 46208 is $1,250, with affordable options starting at just $458 for studio units.

One of the advantages of living in the 46208 area is its proximity to various points of interest and parks. Just a short distance away, you'll find the beautiful Crown Hill Cemetery and the peaceful Holliday Park, providing great opportunities for outdoor activities and relaxation.

Are you ready to discover the perfect place to call home? Explore Rentable's apartments near 46208 Indianapolis, IN and start your search today.

Indianapolis:
June Rent Report

Welcome to the June 2025 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 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

$1,400
$1,050
$700
$350
$0
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
Feb. 2025
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
1 BR       2 BR

Indianapolis Rent Prices Increase From May to June

Indianapolis rent prices increased over the last month. From May to June, the city experienced a 2.93% increase for the price of a one-bedroom apartment. The rent price for a Indianapolis one-bedroom apartments currently stands at $1,125.0.

When we take a look at the two-bedroom comparison from May to June, Indianapolis experienced a 1.93% increase for the price of a two-bedroom apartment. The rent price for a Indianapolis two-bedroom apartments currently stands at $1,321.0.

June Prices: Indianapolis vs. Surrounding Areas

Whitestown, IN
Carmel, IN
Plainfield, IN
Fishers, IN
Noblesville, IN
Westfield, IN
Greenwood, IN
Indianapolis, IN
$1,670
$1,550
$1,540
$1,524
$1,456
$1,450
$1,101
$1,093
$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 3 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 Carmel, IN, Noblesville, IN, Fishers, IN .

  • Rent decreased in Whitestown, IN, Greenwood, IN, Plainfield, IN, Westfield, IN.

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

  • 1 suburb is currently priced lower than the city of Indianapolis.

June 2025 Pricing Trends: Indianapolis vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Pittsburgh, PA
Minneapolis, MN
Indianapolis, IN
$4,101
$3,197
$2,350
$2,316
$1,870
$1,341
$1,263
$1,247
$1,093
$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 June 1 BR M/M % Change 2 BR June 2 BR M/M % Change
Indianapolis, IN $1,093.0 2.73% $1,296.0 2.29%
Carmel, IN $1,550.0 0.07% $1,869.0 -0.85%
Noblesville, IN $1,456.0 0.83% $1,796.0 -0.33%
Whitestown, IN $1,670.0 0.00% $1,796.0 0.96%
Greenwood, IN $1,101.0 -2.65% $1,290.0 -2.94%
Plainfield, IN $1,540.0 -2.35% $1,557.0 3.80%
Fishers, IN $1,524.0 1.74% $1,675.0 -0.42%
Westfield, IN $1,450.0 -0.69% $1,454.0 1.47%

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.