Average Rent in 46201, Indianapolis, IN

Current Versus Historical 46201, Indianapolis, IN Rents

46201 rentals average $0 for a studio rental to $2,125 for a 4-bedroom rental. The median price of all currently available listings is $925, or roughly $13 per square feet.

For the apartment units and housing in December 2023, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $292 (-30.22%) year-over-year from $967 to $675. 1-bedroom rentals prices have decreased by $12 (-1.51%) year-over-year from $762 to $750. 2-bedroom rentals prices have increased by $134 (15.49%) year-over-year from $865 to $999. 3-bedroom rentals prices have increased by $158 (15.20%) year-over-year from $1,042 to $1,200. 4-bedroom rentals prices have increased by $738 (53.15%) year-over-year from $1,388 to $2,125. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 48.76% this month. 1-bedroom rents have gone up by 0.90% this month. 2-bedroom rents have gone down by 9.02% this month. 3-bedroom rents have gone up by 8.76% this month. 4-bedroom rents have gone up by 13.43% this month.

Beds	Price / Sqft	Dec 2023 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$13	$750	$762 (-1.51%)	$579 (29.50%)
2 BR	$14	$999	$865 (15.49%)	$678 (47.27%)
3 BR	$10	$1,200	$1,042 (15.20%)	$825 (45.45%)
4+ BR	$14	$2,125	$1,388 (53.15%)	$799 (166.04%)

Historical Rents in 46201, Indianapolis, IN

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 46201

There are a total of 4 cities nearby 46201. The average rent in 46201 is currently $1,723 per month. Only one city nearby has an average rent lower than that. Our records show that Anderson, IN, with an average rent of $850, is the most affordable city nearby. In contrast, the most expensive city near 46201, Indianapolis, IN is Carmel, IN. Monthly rents here are on average $2,845 per month.

Let's compare 46201, Indianapolis, IN's rent against other top cities nearby by bedroom size. Typically, rent for studios in 46201, Indianapolis, IN is inf% more affordable than other cities nearby. One bedrooms are about 55.93% more expensive. Two bedrooms in 46201, Indianapolis, IN are about 44.32% more affordable. Finally, rent for three bedrooms are about 71.43% more affordable. Want more information? Check out the top 4 cities near 46201, Indianapolis, IN in the following chart.

City	Studio	1 Bed	2 Bed	All
Anderson, IN	$500	$650	$850	$850
Indianapolis, IN	$875	$795	$1,040	$1,245
Westfield, IN	N/A	N/A	$1,833	$2,200
Carmel, IN	N/A	N/A	$2,075	$2,845

Top Neighborhoods Near 46201

There are a total of 1 neighborhoods in or near 46201. We've included all of these top 1 neighborhoods in or near 46201, Indianapolis, IN in the following chart.

The average rent for these 1 neighborhoods in or near 46201, Indianapolis, IN is currently around $995 per month. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is higher than 46201's average rent, which is only $925. Out of all the neighborhoods in or near 46201, Near Eastside has the most affordable average rent at $995 per month. Whereas, at $995 average rent per month, Near Eastside is the most expensive neighborhood in or near 46201. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Near Eastside, Indianapolis, IN	N/A	$713	$997	$995

Top Counties Near 46201

There are a total of 1 counties located by 46201, Indianapolis, IN. Some of these counties include Anderson, IN, Center, Indianapolis, IN, and Warren, Indianapolis, IN. The average rent for rentals in these counties is $1,186. That's roughly around $13 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Anderson, IN. It's average rent per month is $850. Vice versa, with an average rent of $2,845, Clay, Carmel, IN is the most expensive county by 46201, Indianapolis, IN.

In comparison, rent for one bedroom listings in 46201, Indianapolis, IN is 5.08% more expensive than other counties nearby. Finally, rent for two bedrooms in 46201, Indianapolis, IN is 1.21% more affordable than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Anderson, IN	$500	$650	$850	$850
Center, Indianapolis, IN	$913	$750	$999	$1,050
Warren, Indianapolis, IN	N/A	$785	$1,015	$1,073
Lawrence, IN	N/A	$875	$875	$1,299
Washington, IN	N/A	N/A	$1,833	$2,300
Clay, Carmel, IN	N/A	N/A	$2,075	$2,845

Top Zipcodes Near 46201

There is one zipcode in or near 46201, Indianapolis, IN. The average rent for this zipcode is $2,400.

The following chart includes the zipcode in or near 46201, Indianapolis, IN. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
46074, Westfield, IN	N/A	N/A	$1,833	$2,400

Frequently Asked Questions - 46201 Average Rents

What is the average rent price in 46201, Indianapolis, IN?

The average monthly rental price for 46201, Indianapolis, IN apartments for rent is approximately $925. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 46201, Indianapolis, IN rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 46201, Indianapolis, IN.

How much is a studio apartment in 46201, Indianapolis, IN?

The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 1 studio apartment listings currently available for rent in 46201.

How much is a one bedroom apartment in 46201, Indianapolis, IN?

The average monthly rental price for one bedroom apartments is $738 and an average price per square feet of $12.90. There are a total of 14 one bedroom apartment listings currently available for rent in 46201.

How much is a two bedroom apartment in 46201, Indianapolis, IN?

The average monthly rental price for two bedroom apartments is $995 and an average price per square feet of $13.54. There are a total of 21 two bedroom apartment listings currently available for rent in 46201.

How have rent prices in 46201, Indianapolis, IN changed this year?

Rent prices for rentals in 46201, Indianapolis, IN can fluctuate yearly. Specifically, studio rental prices have changed by -0.30%, one bedroom rental prices have changed by -0.02%, two bedroom rental prices have changed by 0.15%, and three bedroom rental prices have changed by 0.15% year-over-year.

What is a reasonable rent price in 46201, Indianapolis, IN?

A reasonable rent price in 46201, Indianapolis, IN is around $740/month. You can search for these reasonably priced rental listings on RentHop.