47111 rental market

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Last updated August 30, 2025

Rental market summary

The average rent for all bedrooms and all property types in 47111 is $1,231.

Average rent

$1,231

Month-over-month change

+$81

Year-over-year change

-$369

Available rentals

23

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $825 to $2,500.

Rent frequencies
Rent priceNumber of rental properties
$8004
$9006
$1,0002
$1,1004
$1,2002
$1,3003
$1,4002
$1,7001
$1,8001
$1,9001
$2,1001
$2,2001
$2,3001
$2,4001
$2,500+1

Average rent price over time

In the last year, rent has decreased by $369 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,550$1,600
Feb$2,000$1,100
Mar$1,850$2,050
Apr$1,100$1,650
May$1,450$2,050
Jun$1,429$1,430
Jul$1,200$1,434
Aug$1,100$1,229
Sep$1,600No data
Oct$1,412No data
Nov$1,300No data
Dec$1,500No data

Market temperature

The 47111 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 47111 is 41% lower than the national average.

47111vs.

$1,231

$2,100

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Frequently asked questions

1. What is the average rent in 47111?

The average rent in 47111 is $1,231.

2. How much does it cost to rent a house in 47111?

Houses in 47111 rent between $825 - $2,500 with an average rent of $1,231.

3. How has the rent in 47111 changed in the last year?

In the last year, the rent in 47111 decreased by $369

4. How much has the rent in 47111 increased/decreased in the last month?

In the last month, the rent in 47111 increased by $81

5. How many available rentals are there in 47111?

There are currently 23 rentals available in 47111.

6. How do rent prices in 47111 compare with the national average?

The average rent in 47111 is $1,231 — 41.38% lower the national average of $2,100.