47031 rental market

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Last updated August 28, 2025

Rental market summary

The average rent for all bedrooms and all property types in 47031 is $1,350.

Average rent

$1,350

Month-over-month change

$0

Year-over-year change

+$1,350

Available rentals

3

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $900 to $1,350.

Rent frequencies
Rent priceNumber of rental properties
$8001
$9001
$1,300+2

Average rent price over time

In the last year, rent has increased by $1,350 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$79,900$1,300
Feb$40,000$1,295
Mar$40,000$1,295
Apr$40,000$1,295
May$1,200$1,100
Jun$40,000$1,350

Market temperature

The 47031 rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 47031 is 36% lower than the national average.

47031vs.

$1,350

$2,100

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Frequently asked questions

1. What is the average rent in 47031?

The average rent in 47031 is $1,350.

2. How much does it cost to rent a house in 47031?

Houses in 47031 rent between $900 - $1,350 with an average rent of $1,350.

3. How has the rent in 47031 changed in the last year?

In the last year, the rent in 47031 increased by $1,350

4. How much has the rent in 47031 increased/decreased in the last month?

In the last month, the rent in 47031 did not change.

5. How many available rentals are there in 47031?

There are currently 3 rentals available in 47031.

6. How do rent prices in 47031 compare with the national average?

The average rent in 47031 is $1,350 — 35.71% lower the national average of $2,100.