47120 rental market

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Last updated August 29, 2025

Rental market summary

The average rent for 3 bedroom properties in 47120 is $1,350.

Average rent

$1,350

Month-over-month change

-$450

Year-over-year change

+$1,350

Available rentals

2

Source: Zillow Rentals data

Rental price range

The price range for 3 bedroom properties is $1,350 to $1,550.

Rent frequencies
Rent priceNumber of rental properties
$1,3001
$1,500+1

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
This year (2025)

Market temperature

The 47120 rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

hot

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 47120 is 39% lower than the national average.

47120vs.

$1,350

$2,200

Rent in 47120

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Frequently asked questions

1. What is the average rent in 47120?

The average rent in 47120 is $1,350.

2. How much does it cost to rent a house in 47120?

Houses in 47120 rent between $1,350 - $1,550 with an average rent of $1,350.

3. How has the rent in 47120 changed in the last year?

In the last year, the rent in 47120 increased by $1,350

4. How much has the rent in 47120 increased/decreased in the last month?

In the last month, the rent in 47120 decreased by $450

5. How many available rentals are there in 47120?

There are currently 2 rentals available in 47120.

6. How do rent prices in 47120 compare with the national average?

The average rent in 47120 is $1,350 — Infinity% higher the national average of $0.