47111 rental market

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Last updated August 20, 2025

Rental market summary

The average rent for 2 bedroom properties in 47111 is $1,100.

Average rent

$1,100

Month-over-month change

-$104

Year-over-year change

-$150

Available rentals

12

Source: Zillow Rentals data

Rental price range

The price range for 2 bedroom properties is $950 to $1,450.

Rent frequencies
Rent priceNumber of rental properties
$9005
$1,0001
$1,1002
$1,2001
$1,3002
$1,400+2

Average rent price over time

In the last year, rent has decreased by $150 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,049$1,100
Feb$1,200$1,000
Apr$1,100$1,400
May$1,100$1,450
Jun$1,100$1,192
Jul$1,100$1,201
Aug$1,100$1,350
Sep$1,100$1,204
Oct$975No data
Nov$1,100No data
Dec$1,100No 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 42% lower than the national average.

47111vs.

$1,100

$1,895

Rent in 47111

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Frequently asked questions

1. What is the average rent in 47111?

The average rent in 47111 is $1,232.

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

Houses in 47111 rent between $825 - $2,200 with an average rent of $1,232.

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

In the last year, the rent in 47111 decreased by $18

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

In the last month, the rent in 47111 decreased by $118

5. How many available rentals are there in 47111?

There are currently 19 rentals available in 47111.

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

The average rent in 47111 is $1,232 — Infinity% higher the national average of $0.