47201 rental market

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Last updated August 11, 2025

Rental market summary

The average rent for 2 bedroom properties in 47201 is $1,324.

Average rent

$1,324

Month-over-month change

-$8

Year-over-year change

+$74

Available rentals

22

Source: Zillow Rentals data

Rental price range

The price range for 2 bedroom properties is $995 to $2,591.

Rent frequencies
Rent priceNumber of rental properties
$9001
$1,1003
$1,2008
$1,3007
$1,4001
$1,5003
$1,7002
$2,0001
$2,100+1

Average rent price over time

In the last year, rent has increased by $74 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,025$1,300
Feb$1,214$1,200
Mar$1,300$1,300
Apr$1,250$1,300
May$1,200$1,300
Jun$1,100$1,310
Jul$1,150$1,342
Aug$1,250$1,313
Sep$1,345No data
Oct$1,250No data
Nov$1,300No data
Dec$1,250No 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 30% lower than the national average.

47201vs.

$1,324

$1,895

Rent in 47201

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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.