Southwood Park, IN
June 2026
46806,46807
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $825 – $877 | -3.54% | -0.88% |
| 2-Bedroom | $996 – $1,057 | 0.72% | -1.87% |
| 3-Bedroom | $1,407 – $1,450 | 1.57% | 1.29% |
| 4-Bedroom | $1,736 – $1,808 | 0.65% | 2.62% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $894 – $934 | -4.65% | -5.95% |
| 2-Bedroom | $1,076 – $1,143 | -0.56% | -10.34% |
| 3-Bedroom | $1,572 – $1,652 | 3.90% | 0.78% |
| 4-Bedroom | $1,733 – $1,821 | 1.14% | 2.90% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,030 – $1,061 | 0.49% | 2.58% |
| 2-Bedroom | $931 – $959 | 3.05% | 2.18% |
| 3-Bedroom | $1,049 – $1,130 | 0.33% | 5.73% |
| 4-Bedroom | $1,215 – $1,277 | -0.44% | 7.18% |
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.