47240 rental market
Last updated August 28, 2025
Rental market summary
The average rent for 2 bedroom properties in 47240 is $1,100.
$1,100
-$195
+$100
6
Source: Zillow Rentals data
Rental price range
The price range for 2 bedroom properties is $950 to $1,324.
| Rent price | Number of rental properties |
|---|---|
| $900 | 2 |
| $1,000 | 1 |
| $1,100 | 2 |
| $1,200 | 2 |
| $1,300+ | 1 |
Average rent price over time
In the last year, rent has increased by $100 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $925 | $1,050 |
| Feb | $925 | $1,090 |
| Mar | $975 | $1,324 |
| Apr | $975 | $1,200 |
| May | $975 | $1,324 |
| Jun | $950 | $1,077 |
| Sep | $1,000 | $1,324 |
| Oct | $1,036 | $1,295 |
| Nov | $1,100 | No data |
| Dec | $1,043 | No data |
Market temperature
The 47240 rental market temperature is HOT. 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 47240 is 41% lower than the national average.
$1,100
$1,875
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Frequently asked questions
1. What is the average rent in 47240?
The average rent in 47240 is $1,200.
2. How much does it cost to rent a house in 47240?
Houses in 47240 rent between $950 - $1,725 with an average rent of $1,200.
3. How has the rent in 47240 changed in the last year?
In the last year, the rent in 47240 increased by $200
4. How much has the rent in 47240 increased/decreased in the last month?
In the last month, the rent in 47240 decreased by $95
5. How many available rentals are there in 47240?
There are currently 7 rentals available in 47240.
6. How do rent prices in 47240 compare with the national average?
The average rent in 47240 is $1,200 — Infinity% higher the national average of $0.