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Apartments in 46240

1 - 9 of 9 Results
18
$1,175 - 1,326
Nora Commons On The Monon Senior Apartments
1.6
8905 Evergreen Ave Indianapolis, IN
1 - 2 BR | Available Now
Dog Friendly
Cat Friendly
Senior Community
Air Conditioning
Balcony/Deck/Patio
12
3D Tour
$449 - 819
Lakeside Point At Nora
9000 N College Avenue Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Pool
63
$1,305 - 1,970
Lake Clearwater Apartments
3.8
3914 Lake Clearwater Pl Indianapolis, IN
1 - 2 BR | Available Now
Contact
Virtual Tour
Luxury
Air Conditioning
Covered Parking
Surface Parking
36
$1,310 - 3,575
Vitra Apartments
Deal
8785 Keystone Xing Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Covered Parking
Fitness Center
13
$964 - 1,439
River Ridge Apartments
5.0
4825 Cameron Ridge Drive Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
In Unit Laundry
14
$859 - 954
Northview Apartments
4.4
8607 Cholla Road Indianapolis, IN
1 - 2 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
4
$1,099 - 1,395
Elevate Keystone Apartments
8468 Union Chapel Rd Indianapolis, IN
Studio - 2 BR | Available Now
Contact
17
3D Tour
$904 - 1,814
River Crossing Apartments
4.7
8720 Knickerbocker Wa Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Townhome
Air Conditioning
26
$1,389 - 1,580
Lake Clearwater Apartments
3914 Lake Clearwater Place Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
1 - 9 of 9 Results
  1. Home
  2. Indianapolis
  3. 46240

How much does it cost to rent an apartment in 46240?

46240 apartments
Bed Type Average Rent Range
Studio $1,100 $490 - $1,100
1BR $1,370 $730 - $2,510
2BR $1,400 $740 - $1,950
3BR $1,650 $1,490 - $1,810
Frequently Asked Questions

How many apartments are available in 46240 on Rentable.co?

Rentable.co has 9 apartments available for rent in 46240.

What is the average rent for an apartment in 46240?

The average rent for an apartment in 46240 is around $1,290 per month.

What is the average rent for a one-bedroom apartment in 46240?

The average rent for a one-bedroom apartment in 46240 is around $1,374 per month.

What is the average rent for a two-bedroom apartment in 46240?

The average rent for a two-bedroom apartment in 46240 is around $1,395 per month.

What is the average rent for a studio apartment in 46240?

The average rent for a studio apartment in 46240 is around $1,099 per month.

Find an Apartment in 46240
Looking for apartments for rent in 46240 Indianapolis, IN? Look no further! Right now, there are 111 units available for rent in this area on Rentable. The average rent in 46240 is $1,310, with studio units starting at $489.

The 46240 zip code is located in the northern part of Indianapolis and offers a variety of amenities and attractions. Nearby points of interest include The Fashion Mall at Keystone, a premier shopping destination, and Keystone at the Crossing, a bustling commercial area with a wide range of dining and entertainment options. Additionally, 46240 is known for its proximity to several beautiful parks, including Holliday Park and Marott Park, which offer opportunities for outdoor activities and relaxation.

If you're searching for apartments near 46240, Rentable has a variety of options to suit different preferences and budgets. Take a look at our apartments in 46240 Indianapolis, IN and find the perfect place to call home.

Indianapolis:
August Rent Report

Welcome to the August 2026 Indianapolis 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 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

$50
$40
$30
$10
$0
Sep. 2025
Oct. 2025
Nov. 2025
Dec. 2025
Jan. 2026
Feb. 2026
Mar. 2026
Apr. 2026
May. 2026
Jun. 2026
Jul. 2026
Aug. 2026
1 BR       2 BR

Indianapolis Rent Prices Decrease From July to August

Indianapolis 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 Indianapolis one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from July to August, 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 $.

August 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.

August 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 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.

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