How many apartments are available in 46254 on Rentable.co?

Rentable.co has 32 apartments available for rent in 46254.

What is the average rent for an apartment in 46254?

The average rent for an apartment in 46254 is around $1,150 per month.

What is the average rent for a one-bedroom apartment in 46254?

The average rent for a one-bedroom apartment in 46254 is around $915 per month.

What is the average rent for a two-bedroom apartment in 46254?

The average rent for a two-bedroom apartment in 46254 is around $1,336 per month.

What is the average rent for a studio apartment in 46254?

The average rent for a studio apartment in 46254 is around $765 per month.

Apartments in 46254

Indianapolis:
December Rent Report

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

Jan. 2025

Feb. 2025

Mar. 2025

Apr. 2025

May. 2025

Jun. 2025

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Nov. 2025

Dec. 2025

1 BR 2 BR

Indianapolis Rent Prices Decrease From November to December

Indianapolis rent prices decreased over the last month. From November to December, 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 November to December, 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 $.

December 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.

December 2025 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 December	1 BR M/M % Change	2 BR December	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.