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Apartments in 46227

1 - 22 of 22 Results
12
3D Tour
Eastwind Court Haven with Modern Updates & Space to Grow Apartment for rent in Indianapolis, IN
$390
PER
ROOM
Eastwind Court Haven with Modern Updates & Space to Grow
Deal
3321 Eastwind Ct Indianapolis, IN
1 BR | Available Now
Contact
Heat Included
House
In Unit Laundry
2
Capital Place Apartments Apartment for rent in Indianapolis, IN
$540 - 799
Capital Place Apartments
4100 Continental Ct Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Balcony/Deck/Patio
Storage
1
2219-2221 Fairfax Rd Apartment for rent in Indianapolis, IN
$1,350
2219-2221 Fairfax Rd
Indianapolis, IN
2 BR | Jun. 23, 2025
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
1
2213-2215 Fairfax RD Apartment for rent in Indianapolis, IN
$1,300
2213-2215 Fairfax RD
Indianapolis, IN
2 BR | Aug. 14, 2025
Contact
Dog Friendly
Cat Friendly
Disability Access
1
6933 Buckridge West Dr Apartment for rent in Indianapolis, IN
$895 - 940
6933 Buckridge West Dr
Indianapolis, IN
1 BR | Jun. 14, 2025
Contact
Dog Friendly
Cat Friendly
Section 8
Fitness Center
Storage
25
Brookhaven At County Line Senior Apartments Apartment for rent in Indianapolis, IN
$1,179 - 1,251
Brookhaven At County Line Senior Apartments
3.0
940 Wild Indigo Ln Indianapolis, IN
1 - 2 BR | Available Now
Senior Community
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
Disability Access
18
South Haven Village Apartments Apartment for rent in Indianapolis, IN
$1,520 - 1,786
South Haven Village Apartments
1542 Citrin Pl Indianapolis, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
2
170 - Markwood Associates Apartment for rent in Indianapolis, IN
$775 - 935
170 - Markwood Associates
920 E Markwood Ave Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
23
South & Madison Apartment for rent in Indianapolis, IN
$840 - 1,343
South & Madison
1834 Madison Village Dr Indianapolis, IN
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
0
The Sterling Apartment for rent in Indianapolis, IN
$975 - 1,100
The Sterling
8020 Madison Ave Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
1
$500 Off Move-in Special!!! 3 Bedroom, 1 Bathroom Cottage With Custom Finishes And Small Loft, Available Now! Apartment for rent in Indianapolis, IN
$1,450
$500 Off Move-in Special!!! 3 Bedroom, 1 Bathroom Cottage With Custom Finishes And Small Loft, Available Now!
1156 Knox St Indianapolis, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Disability Access
21
Stone Lake Apartment for rent in Indianapolis, IN
$650 - 1,200
Stone Lake
Deal
2913 E Hanna Ave Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
14
3565 Valley Lake Dr Apartment for rent in Indianapolis, IN
$1,800
3565 Valley Lake Dr
Indianapolis, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
15
8546 Palo Verde Ter Apartment for rent in Indianapolis, IN
$1,500
8546 Palo Verde Ter
Indianapolis, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
13
3416 Montgomery Drive Apartment for rent in Indianapolis, IN
$1,150 - 1,250
3416 Montgomery Drive
Indianapolis, IN
3 BR | Available Now
Contact
Air Conditioning
Dishwasher
1
Perry Twp - 3 Bedroom Home Apartment for rent in Indianapolis, IN
$1,250
Perry Twp - 3 Bedroom Home
1616 Edgecombe Ave Indianapolis, IN
3 BR | Available Now
Contact
House
Dishwasher
10
1150 East Martin Street Apartment for rent in Indianapolis, IN
$975
1150 East Martin Street
Indianapolis, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
30
Brookwood Apartments Apartment for rent in Indianapolis, IN
$850 - 1,150
Brookwood Apartments
5301 S Turtle Creek Drive Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
11
Sherbrook Apartment for rent in Indianapolis, IN
$749 - 1,030
Sherbrook
8026 Mcfarland Court Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Balcony/Deck/Patio
11
Fox Club Apartment for rent in Indianapolis, IN
$625 - 735
Fox Club
Deal
4401 South Keystone Avenue Indianapolis, IN
1 - 2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
Dishwasher
12
Berkley Commons Apartments Apartment for rent in Indianapois, IN
$625 - 985
Berkley Commons Apartments
8201 Madison Ave Indianapois, IN
1 - 4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
4
$725
1 Bedroom Shelby Unit
1952 S Shelby St Indianapolis, IN
1 BR | Ask for Availability
Contact
Air Conditioning
1 - 22 of 22 Results
  1. Home
  2. Indianapolis
  3. 46227

How much does it cost to rent an apartment in 46227?

46227 apartments
Bed Type Average Rent Range
Studio $820 $750 - $840
1BR $890 $560 - $1,080
2BR $940 $630 - $1,250
3BR $1,300 $810 - $1,790
Frequently Asked Questions

How many apartments are available in 46227 on Rentable.co?

Rentable.co has 22 apartments available for rent in 46227.

What is the average rent for an apartment in 46227?

The average rent for an apartment in 46227 is around $930 per month.

What is the average rent for a two-bedroom apartment in 46227?

The average rent for a two-bedroom apartment in 46227 is around $935 per month.

What is the average rent for a one-bedroom apartment in 46227?

The average rent for a one-bedroom apartment in 46227 is around $891 per month.

What is the average rent for a studio apartment in 46227?

The average rent for a studio apartment in 46227 is around $824 per month.

Find an Apartment in 46227
Looking for apartments for rent near 46227 in Indianapolis, IN? Rentable has a variety of options available for you to explore. There are currently 96 units available in the 46227 area, with an average rent of $930. If you're looking for a specific floor plan, you'll be glad to know that the minimum rent for that type is $557.

When it comes to location, 46227 offers convenient access to various amenities and attractions. Whether you're looking for parks, shopping centers, or dining options, you'll find plenty of choices in the area.

Ready to find your next home? Explore Rentable's apartments near 46227 Indianapolis, IN and discover the perfect place for you.

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.

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