Average Rent in ZIP Code 46516
Apartments & Houses by Size

Rentometer, Inc. | Data as of 12/16/2025

Curious about how much rent goes for in ZIP Code 46516? Whether you're eyeing a studio apartment or managing a spacious 4-bedroom house, Rentometer has you covered with the latest average rent data across every property type.

This report covers average rent prices for apartments and single-family homes in ZIP Code 46516, broken down by bedroom count. All estimates are powered by Rentometer, the leading source for hyperlocal rental data and comps.

ZIP Code 46516 Rent by Property Type & Bedroom Count

Property Type Bedrooms Average Median Min - Max 25th - 75th
Apartment Studio $833 $792 $550 - $1,200 $550 - $1,200
Apartment 1 Bedroom $1,127 $1,087 $600 - $1,940 $914 - $1,445
Apartment 2 Bedroom $1,575 $1,715 $730 - $3,420 $1,074 - $1,850
Apartment 3 Bedroom $1,612 $1,314 $860 - $3,620 $895 - $1,375
House 2 Bedroom $1,191 $1,150 $1,000 - $1,500 $1,075 - $1,250
House 3 Bedroom $1,249 $1,250 $995 - $1,450 $1,000 - $1,450
House 4+ Bedroom $1,515 $1,500 $1,395 - $1,650 $1,395 - $1,650

In the current period, the average rent in ZIP Code 46516 was $834 for Studio, $1,079 for 1 Bedroom, $1,432 for 2 Bedroom, $1,401 for 3 Bedroom, and $1,515 for 4+ Bedroom.

ZIP Code 46516

Rentometer subscribers can see individual property locations on the map in addition to the heatmap. Click here to Subscribe

Data provided by Rentometer, Inc.