Apartments in 46228

1 - 6 of 6 Results
4
$900 - 1,225
5480 Michigan Rd Indianapolis, IN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
19
$1,695
Indianapolis, IN
3 BR | Ask for Availability
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House
2
$1,100 - 1,300
1349 Saddlebrook Ct Indianapolis, IN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
9
$1,450
Indianapolis, IN
3 BR | Jan. 7, 2100
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Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
Storage
Dishwasher
0
$1,595
1953 W 59th St Indianapolis, IN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
19
$926 - 1,310
3035 W 39th St Indianapolis, IN
1 - 3 BR | Available Now
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Dog Friendly
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Student
Luxury
Air Conditioning
1 - 6 of 6 Results
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  3. 46228

How much does it cost to rent an apartment in 46228?

46228 apartments
Bed Type Average Rent Range
1BR $1,100 $900 - $1,100
2BR $1,160 $930 - $1,300
3BR $1,450 $1,240 - $1,700
Find an Apartment in 46228
Are you searching for apartments for rent in the 46228 zip code of Indianapolis, IN? Look no further! Rentable has a variety of rental options available in this area. Currently, there are 20 units available for rent in 46228, with an average rent of $1,160.

If you're looking for affordable options, there are $900 apartments available with the lowest rent for the 1-bedroom floor plan. These rentals offer a great value for those on a budget.

Aside from the housing options, the 46228 area also offers several nearby points of interest and community amenities. There are many parks in the vicinity where you can enjoy outdoor activities and relax, making it a great choice for nature enthusiasts. Additionally, there are various shopping centers and restaurants nearby, providing convenience and accessibility for residents.

Interested in finding the perfect apartment in 46228? Explore Rentable's apartments near 46228 Indianapolis, IN and discover the one that suits your needs and preferences.

Indianapolis:
October Rent Report

Welcome to the October 2024 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the October 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
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
1 BR       2 BR

Indianapolis Rent Prices Increase From September to October

Indianapolis rent prices increased over the last month. From September to October, the city experienced a 2.0% increase for the price of a one-bedroom apartment. The rent price for a Indianapolis one-bedroom apartments currently stands at $1,019.0.

When we take a look at the two-bedroom comparison from September to October, Indianapolis experienced a 0.17% increase for the price of a two-bedroom apartment. The rent price for a Indianapolis two-bedroom apartments currently stands at $1,207.0.

October Prices: Indianapolis vs. Surrounding Areas

Whitestown, IN
Greenwood, IN
Carmel, IN
Plainfield, IN
Noblesville, IN
Westfield, IN
Indianapolis, IN
Speedway, IN
$1,733
$1,595
$1,590
$1,502
$1,423
$1,245
$999
$936
$0
$600
$1,200
$1,800
$2,400
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 4 of the Indianapolis suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Greenwood, IN, Noblesville, IN, Plainfield, IN, Speedway, IN .

  • Rent decreased in Carmel, IN, Whitestown, 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.

October 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
$4,189
$3,067
$2,364
$2,363
$1,886
$1,360
$1,243
$1,173
$999
$0
$1,400
$2,800
$4,200
$5,600
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 October 1 BR M/M % Change 2 BR October 2 BR M/M % Change
Indianapolis, IN $999.0 0.30% $1,205.0 -0.33%
Carmel, IN $1,590.0 -0.63% $2,176.0 -0.32%
Greenwood, IN $1,595.0 9.55% $1,848.0 8.45%
Whitestown, IN $1,733.0 -1.42% $1,845.0 -2.64%
Noblesville, IN $1,423.0 0.42% $1,748.0 1.33%
Plainfield, IN $1,502.0 0.20% $1,742.0 -0.17%
Speedway, IN $936.0 1.08% $1,138.0 0.26%
Westfield, IN $1,245.0 -3.04% $1,531.0 -2.86%

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.