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Apartments for Rent in 46227, IN

309 Rentals Available
  • Top Rated for Location
    Rent Specials
    Swimming Pool at Thompson Village Apartments, Indianapolis, 46227 Playground at Thompson Village Apartments, Indianapolis, Indiana
    4.0
    Today

    139 Thompson Way, Indianapolis, IN 46227
    Income Restricted
    1 BED $967
    2 BEDS $1,112
    Swimming Pool at Thompson Village Apartments, Indianapolis, 46227 Playground at Thompson Village Apartments, Indianapolis, Indiana Leasing office at Thompson Village Apartments, Indiana, 46227 Kitchen with cabinets at Thompson Village Apartments, Indianapolis, IN, 46227
    Property reviews
    5/5 Deja H. on Sep 6, 2023

    It been nice its so much better than my last apartment i lived in maintenance will come out to fix your issues if not the same day the next day everyone is very nice and its quiet

    5/5 Jordan O. on Jan 1, 2023

    I have lived here for 6 months and I'm loving it so far. Location is wonderful and property management is as well. It's quiet and all the neighbors are very friendly. Awesome place to live, I would recommend it to anyone.

  • 43
    Top Rated for Location
    Rent Specials
    a kitchen with white cabinets and black appliances and a sink a bedroom with white walls and carpet and white closet doors
    4.0
    Today

    8020 Madison Avenue, Indianapolis, IN 46227
    Available
    1 BED $975
    2 BEDS $1,100
    a kitchen with white cabinets and black appliances and a sink a bedroom with white walls and carpet and white closet doors a playground in a yard in front of an apartment building the stairway leading up to the second floor of the building
    Property reviews
    5/5 Anonymous on Jan 10, 2025

    Itsgreat and I love it god id good and I thank him

    5/5 Anonymous on Mar 1, 2024

    Friendly and helpful staff. Maintenance is very reliable.

  • A living room with a white couch, a coffee table, and a painting on the wall.
    72
    1 day ago

    3714 Bartlett Ave, Indianapolis, IN 46227
    STUDIO $849
    1 BED $999+
    2 BEDS Ask for Pricing
  • A living room with a white couch, a coffee table, and a painting on the wall.
    47
    1 day ago

    8026 Mcfarland Court, Indianapolis, IN 46227
    STUDIO $820+
    1 BED $999+
    2 BEDS Ask for Pricing
  • A living room with a white couch, a coffee table, and a painting on the wall.
    87
    1 day ago

    2760 Cherry Glen Way, Indianapolis, IN 46227
    STUDIO $799
    1 BED $899+
    2 BEDS Ask for Pricing
  • a living room with a couch and a mirror on the wall
    224
    Today

    7302 Queen Anne Court, Indianapolis, IN 46227
    1 BED $728
    2 BEDS $975+
  • A kitchen with wooden cabinets and a stainless steel refrigerator.
    Today

    540 Buffalo Run Drive, Indianapolis, IN 46227
    3 BEDS $1,675
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  • a kitchen with a refrigerator and a sink and cabinets
    Today

    2414 E Dudley Avenue, Indianapolis, IN 46227
    3 BEDS $1,535
  • A kitchen with wooden cabinets and black appliances.
    Today

    8407 Fort Sumter Drive, Indianapolis, IN 46227
    3 BEDS $1,940
  • a living room with a couch and a table
    171
    Today

    4401 S. Keystone Ave, Indianapolis, IN 46227
    1 BED $889+
    2 BEDS $1,049+
  • A kitchen with black cabinets and stainless steel appliances.
    81
    Today

    8201 Madison Ave, Indianapolis, IN 46227
    1 BED $909
    2 BEDS $999+
    3 BEDS $1,299+
  • A living room with a white couch and a coffee table.
    105
    Today

    4100 Continental Court, Indianapoils, IN 46227
    1 BED $974+
    2 BEDS $934+
    3 BEDS $1,399
  • A living room with a white couch and a coffee table.
    Today

    4020 Hanna Village Dr, Indianapolis, IN 46227
    1 BED $1,099+
    2 BEDS $1,299+
    3 BEDS $1,599
  • Interactive banner rent
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  • A kitchen with wooden cabinets and a patterned floor.
    Today

    835 East Edwards Avenue, Indianapolis, IN 46227
    3 BEDS $1,695
  • a living room with carpet and a door to a kitchen
    Today

    6412 Perry Pines Court, Indianapolis, IN 46237
    3 BEDS $1,775
  • a living room with a carpeted floor and a large window
    Today

    4025 Mi Casa Avenue, Indianapolis, IN 46237
    3 BEDS $1,860
  • a living room with a couch and a coffee table
    123
    Today

    7266 Lockwood Lane, Indianapolis, IN 46217
    1 BED $840+
    2 BEDS $1,340+
  • A modern living room with a grey sofa and a flat screen TV.
    Today

    7266 Lockwood Lane, Indianapolis, IN 46217
    1 BED $810
    2 BEDS $1,175+
  • A kitchen with white cabinets and a refrigerator.
    Today

    4405 CARDAMON Court, Indianapolis, IN 46237
    3 BEDS $1,885
  • Interactive banner bedroom
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    looking for?
  • A modern living room with blue chairs and a glass table.
    77
    Today

    7213 Sundance Drive, Indianapolis, IN 46237
    1 BED $1,212+
    2 BEDS $1,391+
  • a living room with a couch and a coffee table
    4 days ago

    921 Parliament Place, Greenwood, IN 46142
    1 BED $945
    2 BEDS $999
    3 BEDS $1,555
  • a living room with a fireplace and a table and chairs
    43
    Today

    7251 Windsor Lakes Drive, Indianapolis, IN 46237
    1 BED $1,230+
    2 BEDS $1,410+
    3 BEDS $1,700+
  • the living room of an apartment with white walls and carpet
    55
    Today

    800 Kings Mill Road, Greenwood, IN 46142
    STUDIO $776+
    1 BED $836+
    2 BEDS $950+
  • a living room with a brown couch and a glass coffee table
    28
    Today

    1039 Paz Drive North, Greenwood, IN 46142
    1 BED $979+
    2 BEDS $1,028+
    3 BEDS Ask for Pricing
  • a kitchen with a large island and stainless steel appliances
    Today

    1039 Paz Drive North, Suite B, Greenwood, IN 46142
    1 BED $1,234+
    2 BEDS $1,512+
    3 BEDS $1,684+
14-11-zipcode
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46227 rent trends

Rental prices in 46227 have increased by 7.03% over the past year. The average rent moved from $1,083 to $1,159.

Average rent in 46227

$1,159/mo 46227 average rental price, September 2025
Image Average Rent

    What's the typical rent budget in 46227?

    The largest share of rentals in 46227 (59%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in 46227, IN

    49 /100
    Car-Dependent
    28 /100
    Some Transit
    53 /100
    Bikeable
    Walk Score®: 49, Transit Score®: 28, Bike Score®: 53

    Frequently asked questions

    When were prices and availability in 46227 last updated?

    Prices and availability in 46227 were last updated on 17 Nov 2025.

    What are the best apartments in 46227?

    The best apartments in 46227 are: Thompson Village Apartments, The Sterling, Spicewood, Sherbrook and Cherry Glen.

    What is the average rent in 46227?

    The average rent in 46227 is $933.

    What is the price range for a studio apartment in 46227?

    The price range for a studio apartment in 46227 is between $799 and $885.

    What is the price range for a 1-bedroom apartment in 46227?

    The price range for a 1-bedroom apartment in 46227 is between $725 and $1,215.

    What is the price range for a 2-bedroom apartment in 46227?

    The price range for a 2-bedroom apartment in 46227 is between $799 and $1,399.

    What is the price range for a 3-bedroom apartment in 46227?

    The price range for a 3-bedroom apartment in 46227 is between $1,299 and $1,940.

    What type of rental buildings are in 46227?

    In 46227 55% of the housing is rented out compared to 45% of homes are owned, according to the most recent Census Bureau estimates. 12% of 46227’s apartments are found in large buildings of 50 units or more, 70% are located in smaller apartment complexes with less than 50 units, and 17% are single-family rentals.

    46227 demographics

    • 57,164Total Population
    • 30,094 Female
      27,070 Male
    • 32Median Age

    46227 households

    • 12,734 Family
      11,122 Non-family
    • 6,345 Children
      17,511 No Children
    • 23,856Total Number of Households
    • 2Average People Per Household
    • $50,993Median Household Income

    46227 education statistics

    RentCafe is your one-stop shop for finding a great new apartment in the 46227 zip code. Easily search through a wide selection of apartments for rent in 46227, IN and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Rents for apartments in 46227 start at $494. Browse apartment listings in 46227 and submit your rental application today!

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