Long-term Rental Rates — June 2026 · ZIPs: 46615,46616,46628
Local market data by Estaite
As of June 2026, rental prices in Near Northwest / River Park, IN range from $1,034 to $1,850 per month depending on property type and bedroom count.
The largest year-over-year increase was seen in 2-bedroom apartments with a 13.38% rise.
Comparing 3-bedroom units, condos/townhomes have a median rent of $1,804 while apartments are at $1,667 and single-family homes are $1,331.
What is the range of median rents in Near Northwest / River Park, IN as of June 2026?
Median monthly rents in Near Northwest / River Park, IN range from $1,034 for 1-bedroom apartments up to $1,850 for 4-bedroom condos/townhomes as of June 2026.
In Near Northwest / River Park, IN, is there a bedroom size where one property type strongly outperforms others in rent?
For 3-bedroom homes as of June 2026, condos/townhomes command the highest median rent at $1,804, which is $137 higher than apartments at $1,667 and $473 higher than single-family homes at $1,331.
Which rental segment in Near Northwest / River Park, IN had an unusual or standout value in June 2026?
The largest month-over-month change occurred in 2-bedroom apartments, where the median rent rose sharply by 9.63% to $1,333 in June 2026.
What is the most affordable property and bedroom combination in Near Northwest / River Park, IN?
The lowest median rent in Near Northwest / River Park, IN is $1,034 for 1-bedroom apartments as of June 2026.
Near Northwest / River Park, IN
June 2026
46615,46616,46628
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,003 – $1,065
0.70%
1.63%
2-Bedroom
$1,280 – $1,386
9.63%
13.38%
3-Bedroom
$1,583 – $1,750
1.39%
8.50%
4-Bedroom
$1,772 – $1,919
1.43%
10.63%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,107 – $1,157
-2.39%
5.66%
2-Bedroom
$1,391 – $1,477
2.13%
10.79%
3-Bedroom
$1,757 – $1,867
1.71%
9.75%
4-Bedroom
$1,798 – $1,924
1.70%
10.33%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,108 – $1,157
-0.73%
4.04%
2-Bedroom
$1,127 – $1,197
-2.52%
0.88%
3-Bedroom
$1,291 – $1,371
1.25%
-2.59%
4-Bedroom
$1,601 – $1,770
3.15%
8.61%
Data updated: July 19, 2026
In the Near Northwest / River Park (46615, 46616, 46628) rental market, 1-bedroom condo/townhome units posted a median rent of $1,144 in April 2026, reflecting an 8.8% year-over-year increase. This annual growth notably exceeds the 4.7% YoY rise observed for 1-bedroom apartment units within the same period.
The 3-bedroom single-family segment in Near Northwest / River Park (46615, 46616, 46628) saw rents rise 3.75% month-over-month to $1,400. This MoM gain outpaces the 1.39% increase for 3-bedroom condo/townhomes, marking single-family properties as the faster-growing category for larger homes this month.
Among larger units, Near Northwest / River Park (46615, 46616, 46628) rental trends indicate 4-bedroom apartments achieved the highest year-over-year increase, reaching $1,797 with a 9.3% gain. This surpasses the 8.8% YoY growth for 4-bedroom condo/townhomes and the 4.7% increase seen in 4-bedroom single-family homes.