47408 rental market

What is the average rent in 47408?

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Last updated October 30, 2025

Rental market summary

The average rent for 2 bedroom properties in 47408 is $1,659.

Average rent

$1,659

Month-over-month change

-$61

Year-over-year change

-$39

Available rentals

82

Source: Zillow Rentals data

Rental price range

The price range for 2 bedroom properties is $860 to $2,900.

Rent frequencies
Rent priceNumber of rental properties
$8001
$9004
$1,0006
$1,1005
$1,2005
$1,3007
$1,4009
$1,5009
$1,6008
$1,7007
$1,8005
$1,9004
$2,0004
$2,1006
$2,2002
$2,3006
$2,4008
$2,5005
$2,7003
$2,8001
$2,900+1

Average rent price over time

In the last year, rent has decreased by $39 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,590$1,698
Feb$1,798$1,675
Mar$1,800$1,700
Apr$1,680$1,664
May$1,619$1,552
Jun$1,680$1,586
Jul$1,600$1,554
Aug$1,595$1,520
Sep$1,500$1,520
Oct$1,750$1,700
Nov$1,698No data
Dec$1,798No data

Market temperature

The 47408 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 47408 is 8% lower than the national average.

47408vs.

$1,659

$1,800

Rent in 47408

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Frequently asked questions

1. What is the average rent in 47408?

The average rent in 47408 is $2,650.

2. What is the average rent for a studio apartment in 47408?

The average rent for a studio apartment in 47408 is $995 per month.

3. What is the average rent for a one-bedroom apartment in 47408?

The average rent for a one-bedroom apartment in 47408 is $1,099 per month.

4. What is the average rent for a two-bedroom apartment in 47408?

The average rent for a two-bedroom apartment in 47408 is $1,659 per month.

5. What is the average rent for a three-bedroom apartment in 47408?

The average rent for a three-bedroom apartment in 47408 is $2,500 per month.

6. What is the average rent for a four-bedroom apartment in 47408?

The average rent for a four-bedroom apartment in 47408 is $8,867 per month.

7. How much does it cost to rent a house in 47408?

Houses in 47408 rent between $475 - $14,650 with an average rent of $2,650.

8. How has the rent in 47408 changed in the last year?

In the last year, the rent in 47408 increased by $350

9. How much has the rent in 47408 increased/decreased in the last month?

In the last month, the rent in 47408 decreased by $150

10. How many available rentals are there in 47408?

There are currently 386 rentals available in 47408.

11. How do rent prices in 47408 compare with the national average?

The average rent in 47408 is $2,650 — Infinity% higher the national average of $0.