47201 rental market

What is the average rent in 47201?

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Last updated July 17, 2026

Rental market summary

The average rent for all bedrooms and all property types in 47201 is $1,495.

Average rent

$1,495

Month-over-month change

+$77

Year-over-year change

+$125

Available rentals

83

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $760 to $3,700.

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Rent frequencies
Rent priceNumber of rental properties
$7001
$8007
$9006
$1,0004
$1,1006
$1,20011
$1,3009
$1,40010
$1,5008
$1,6002
$1,7002
$1,8008
$1,9008
$2,0008
$2,1004
$2,2002
$2,4003
$2,5002
$2,6002
$2,7001
$2,8001
$2,9001
$3,1001
$3,2001
$3,6001
$3,700+1

Average rent price over time

In the last year, rent has increased by $125 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,300$1,500
Feb$1,395$1,600
Mar$1,429$1,450
Apr$1,700$1,387
May$1,500$1,315
Jun$1,561$1,395
Jul$1,636$1,450
Aug$1,403No data
Sep$1,476No data
Oct$1,450No data
Nov$1,407No data
Dec$1,406No data

Market temperature

The 47201 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 47201 is 25% lower than the national average.

47201vs.

$1,495

$2,004

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Frequently asked questions

1. What is the average rent in 47201?

The average rent in 47201 is $1,495.

2. What is the average rent for a studio apartment in 47201?

The average rent for a studio apartment in 47201 is $886 per month.

3. What is the average rent for a one-bedroom apartment in 47201?

The average rent for a one-bedroom apartment in 47201 is $1,136 per month.

4. What is the average rent for a two-bedroom apartment in 47201?

The average rent for a two-bedroom apartment in 47201 is $1,360 per month.

5. What is the average rent for a three-bedroom apartment in 47201?

The average rent for a three-bedroom apartment in 47201 is $1,828 per month.

6. What is the average rent for a four-bedroom apartment in 47201?

The average rent for a four-bedroom apartment in 47201 is $2,572 per month.

7. How much does it cost to rent a house in 47201?

Houses in 47201 rent between $760 - $3,700 with an average rent of $1,495.

8. How has the rent in 47201 changed in the last year?

In the last year, the rent in 47201 increased by $125

9. How much has the rent in 47201 increased/decreased in the last month?

In the last month, the rent in 47201 increased by $77

10. How many available rentals are there in 47201?

There are currently 83 rentals available in 47201.

11. How do rent prices in 47201 compare with the national average?

The average rent in 47201 is $1,495 — 25.4% lower the national average of $2,004.

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