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Apartments in 46221

1 - 9 of 9 Results
4
$1,389
Deerfield Acres MHC, LLC
4004 Highland Cir Indianapolis, IN
3 BR | Available Now
Contact
House
Air Conditioning
Storage
1
3D Tour
$1,499
6367 River Run Drive Indianapolis In
6367 River Run Drive Indianapolis, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
House
Balcony/Deck/Patio
5
$1,120 - 1,275
Aspen Pointe Apartments
5838 W Mooresville Rd Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
1
$1,595
Stunning 3 Bedroom 2 Bath In Southwest River Run Neighborhood!
6032 Riversport Ct Indianapolis, IN
3 BR | May. 30, 2026
Contact
Dog Friendly
Cat Friendly
House
Disability Access
20
$875
1821 Lambert St
Indianapolis, IN
1 BR | Ask for Availability
Contact
House
West Indianapolis
8
$1,350
1321 Blaine Ave
Indianapolis, IN
3 BR | Ask for Availability
Contact
1
$1,100
3256-3258 Mooresville Rd
Indianapolis, IN
2 BR | Jul. 7, 2026
Contact
27
$905
Horizons Apartments
4955 Red Horizon Blvd Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Townhome
Balcony/Deck/Patio
Dishwasher
30
$978 - 1,750
Arborwood At Mann Road Apartments
6702 Trunk Way Indianapolis, IN
1 - 4 BR | Available Now
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Dog Friendly
Cat Friendly
In Unit Laundry
Fitness Center
Dishwasher
1 - 9 of 9 Results
  1. Home
  2. Indianapolis
  3. 46221

How much does it cost to rent an apartment in 46221?

46221 apartments
Bed Type Average Rent Range
1BR $1,060 $880 - $1,120
2BR $1,230 $910 - $1,300
3BR $1,480 $1,350 - $1,600
4+BR $1,740 $1,730 - $1,750
Frequently Asked Questions

How many apartments are available in 46221 on Rentable.co?

Rentable.co has 9 apartments available for rent in 46221.

What is the average rent for an apartment in 46221?

The average rent for an apartment in 46221 is around $1,280 per month.

What is the average rent for a two-bedroom apartment in 46221?

The average rent for a two-bedroom apartment in 46221 is around $1,225 per month.

What is the average rent for a one-bedroom apartment in 46221?

The average rent for a one-bedroom apartment in 46221 is around $1,056 per month.

Find an Apartment in 46221
Looking for apartments for rent in the 46221 zip code in Indianapolis, IN? Rentable has provided some valuable information for you. Currently, there are 31 units available for rent in this area. The average rent in 46221 is $1,280, and the minimum rent for a 2-bedroom floor plan starts at $905.

When it comes to top neighborhoods in 46221, West Indianapolis stands out. This neighborhood offers a great location with easy access to nearby points of interest and community amenities. With a variety of parks, restaurants, and shopping centers nearby, you'll have plenty of options for entertainment and convenience.

If you're looking for apartments near 46221, be sure to explore Rentable's listings in this area. With a range of rental options to choose from, you'll be able to find the perfect home that suits your needs and preferences. Don't miss out on the opportunity to find your ideal apartment in Indianapolis, IN. Start your search with Rentable today.

Indianapolis:
May Rent Report

Welcome to the May 2026 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2026 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
Jun. 2025
Jul. 2025
Aug. 2025
Sep. 2025
Oct. 2025
Nov. 2025
Dec. 2025
Jan. 2026
Feb. 2026
Mar. 2026
Apr. 2026
May. 2026
1 BR       2 BR

Indianapolis Rent Prices Decrease From April to May

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

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

May Prices: Indianapolis vs. Surrounding Areas

Rent Prices in Indianapolis and Surrounding Areas

Rent prices have decreased 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 0 of the Indianapolis 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 Indianapolis suburbs

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

May 2026 Pricing Trends: Indianapolis vs. National Comparisons

Indianapolis Rent Prices More Affordable Than Major Cities

Rent growth in Indianapolis over the past year has been declining. 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 May 1 BR M/M % Change 2 BR May 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.

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