47201 rental market

Choose another area

Last updated August 11, 2025

Rental market summary

The average rent for 1 bedroom properties in 47201 is $1,025.

Average rent

$1,025

Month-over-month change

$0

Year-over-year change

-$29

Available rentals

24

Source: Zillow Rentals data

Rental price range

The price range for 1 bedroom properties is $480 to $1,970.

Rent frequencies
Rent priceNumber of rental properties
$01
$8005
$9006
$1,0005
$1,1004
$1,2004
$1,3001
$1,4001
$1,5002
$1,600+1

Average rent price over time

In the last year, rent has decreased by $29 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$875$990
Feb$1,009$950
Mar$877$950
Apr$1,009$1,108
May$1,009$1,100
Jun$1,065$1,150
Jul$1,025$1,106
Aug$1,065$1,088
Sep$895No data
Oct$895No data
Nov$1,031No data
Dec$900No data

Market temperature

The 47201 rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 47201 is 36% lower than the national average.

47201vs.

$1,025

$1,592

Rent in 47201

We created a seamless online experience for you - from shopping on the largest rental network, to applying, to paying rent.

Explore Rentals

Rent trends near 47201

Frequently asked questions

1. What is the average rent in 47201?

The average rent in 47201 is $1,418.

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

Houses in 47201 rent between $480 - $3,000 with an average rent of $1,418.

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

In the last year, the rent in 47201 decreased by $82

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

In the last month, the rent in 47201 decreased by $7

5. How many available rentals are there in 47201?

There are currently 67 rentals available in 47201.

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

The average rent in 47201 is $1,418 — Infinity% higher the national average of $0.