Long-term Rental Rates — August 2026 · ZIPs: 46806,46807
Local market data by Estaite
As of August 2026, rental prices in Southwood Park, IN range from $856 to $1,812 per month depending on property type and bedroom count.
The greatest year-over-year change is a -6.52% decrease for condo/townhome 2BR units in Southwood Park, IN.
For 1BR units in Southwood Park, IN, single-family homes have a median rent of $1,065 while apartments have a median rent of $856.
What are the current rent prices in Southwood Park, IN?
As of August 2026, rent prices in Southwood Park, IN range from $856 for 1BR apartments up to $1,812 for 4BR condo/townhome units.
How do 1BR apartment and single-family rents in Southwood Park, IN compare?
In August 2026, 1BR single-family homes rent for $1,065, while 1BR apartments rent for $856, resulting in a $209 premium for single-family homes over apartments.
Are rents rising, falling, or mixed in Southwood Park, IN as of August 2026?
Rents in Southwood Park, IN are mixed, with YoY increases in 1BR apartments (+2.37%), 3BR single-family homes (+2.71%), and 4BR single-family homes (+2.29%), but declines for 2BR apartments (-4.08%) and 2BR condo/townhomes (-6.52%).
What is the most expensive property segment for renters in Southwood Park, IN?
The highest median rent is for 4BR condo/townhome units at $1,812 per month in August 2026.
Southwood Park, IN
August 2026
46806,46807
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$839 – $876
3.69%
4.40%
2-Bedroom
$989 – $1,033
-2.94%
-5.02%
3-Bedroom
$1,406 – $1,449
3.06%
0.49%
4-Bedroom
$1,761 – $1,824
0.56%
1.21%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$959 – $988
4.59%
-1.24%
2-Bedroom
$1,163 – $1,222
2.85%
-6.52%
3-Bedroom
$1,503 – $1,602
0.37%
-4.46%
4-Bedroom
$1,767 – $1,829
0.83%
1.63%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,049 – $1,080
0.76%
0.94%
2-Bedroom
$924 – $952
-2.22%
1.56%
3-Bedroom
$996 – $1,057
-0.42%
2.69%
4-Bedroom
$1,258 – $1,297
-2.59%
1.66%
Data updated: September 22, 2026
Southwood Park Rental Trends
Within Southwood Park (46806, 46807), 1-bedroom condo/townhomes recorded a median rent of $980 in April 2026, increasing by 2.57% year-over-year. This segment outpaced 1BR apartments, which saw a 0.46% YoY rise at $852. The larger gain in the condo category highlights stronger growth in Southwood Park (46806, 46807).
Median rent for 3-bedroom single-family homes in Southwood Park (46806, 46807) climbed 7.44% month-over-month in April 2026, reaching $1,057. This segment’s sharp monthly increase was substantially higher than both 3BR apartments, which declined by 1.78%, and 3BR condos, which fell 8.47% over the same period.
Comparing top segments, Southwood Park (46806, 46807) rental trends show that 4-bedroom single-family homes reported a 9.55% year-over-year rent increase, reaching $1,304, while 4-bedroom apartments rose 3.97% YoY to $1,764. The single-family segment delivered a notably larger annual gain.