47203 rental market
Last updated August 30, 2025
Rental market summary
The average rent for 1 bedroom properties in 47203 is $999.
$999
-$100
-$18
3
Source: Zillow Rentals data
Rental price range
The price range for 1 bedroom properties is $775 to $1,823.
| Rent price | Number of rental properties |
|---|---|
| $700 | 1 |
| $900 | 1 |
| $1,100+ | 1 |
Average rent price over time
In the last year, rent has decreased by $18 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $925 | $998 |
| Feb | $925 | $1,046 |
| Mar | $925 | $964 |
| Apr | $850 | $994 |
| May | $1,042 | $960 |
| Jun | $913 | $1,119 |
| Jul | $925 | $959 |
| Aug | $919 | $1,099 |
| Sep | $1,017 | No data |
| Oct | $975 | No data |
| Nov | $925 | No data |
| Dec | $998 | No data |
Market temperature
The 47203 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.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in 47203 is 37% lower than the national average.
$999
$1,578
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Rent trends near 47203
Frequently asked questions
1. What is the average rent in 47203?
The average rent in 47203 is $1,199.
2. How much does it cost to rent a house in 47203?
Houses in 47203 rent between $775 - $4,000 with an average rent of $1,199.
3. How has the rent in 47203 changed in the last year?
In the last year, the rent in 47203 decreased by $87
4. How much has the rent in 47203 increased/decreased in the last month?
In the last month, the rent in 47203 decreased by $251
5. How many available rentals are there in 47203?
There are currently 14 rentals available in 47203.
6. How do rent prices in 47203 compare with the national average?
The average rent in 47203 is $1,199 — Infinity% higher the national average of $0.