47203 rental market

What is the average rent in 47203?

Choose another area

Last updated September 1, 2026

Rental market summary

The average rent for all bedrooms and all property types in 47203 is $1,333.

Average rent

$1,333

Month-over-month change

+$133

Year-over-year change

+$113

Available rentals

17

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $799 to $2,900.

Loading
Rent frequencies
Rent priceNumber of rental properties
$8001
$9001
$1,0001
$1,1001
$1,2004
$1,3001
$1,7001
$1,8001
$1,9002
$2,0001
$2,6001
$2,7001
$2,8001
$2,900+1

Average rent price over time

In the last year, rent has increased by $113 compared to the previous year.

Loading
Average rent price over time
Last year (2025)This year (2026)
Jan$1,364$1,695
Feb$1,395$1,333
Mar$1,279$1,400
Apr$1,820$1,222
May$2,000$1,232
Jun$2,186$1,288
Jul$1,800$1,238
Aug$1,450$1,203
Sep$1,211$1,333
Oct$1,303No data
Nov$1,326No data
Dec$1,450No data

Market temperature

The 47203 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 47203 is 33% lower than the national average.

47203vs.

$1,333

$2,000

Rent in 47203

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

Explore Rentals

Post a rental listing

Easy-to-use tools let you list your property where millions of renters search each month. Plus, messaging and tenant screening are integrated into our listing platform to help you find and screen applicants faster.

Get startedLearn more

Frequently asked questions

1. What is the average rent in 47203?

The average rent in 47203 is $1,333.

2. What is the average rent for a studio apartment in 47203?

The average rent for a studio apartment in 47203 is $809 per month.

3. What is the average rent for a one-bedroom apartment in 47203?

The average rent for a one-bedroom apartment in 47203 is $995 per month.

4. What is the average rent for a two-bedroom apartment in 47203?

The average rent for a two-bedroom apartment in 47203 is $1,219 per month.

5. What is the average rent for a three-bedroom apartment in 47203?

The average rent for a three-bedroom apartment in 47203 is $1,750 per month.

6. What is the average rent for a four-bedroom apartment in 47203?

The average rent for a four-bedroom apartment in 47203 is $2,251 per month.

7. How much does it cost to rent a house in 47203?

Houses in 47203 rent between $799 - $2,900 with an average rent of $1,333.

8. How has the rent in 47203 changed in the last year?

In the last year, the rent in 47203 increased by $113

9. How much has the rent in 47203 increased/decreased in the last month?

In the last month, the rent in 47203 increased by $133

10. How many available rentals are there in 47203?

There are currently 17 rentals available in 47203.

11. How do rent prices in 47203 compare with the national average?

The average rent in 47203 is $1,333 — 33.35% lower the national average of $2,000.

© 2026 Zillow Group, Inc. and its subsidiaries. All rights reserved.
Privacy NoticeAd Choices