49240 rental market

Choose another area

Last updated August 8, 2025

Rental market summary

The average rent for all bedrooms and all property types in 49240 is $950.

Average rent

$950

Month-over-month change

-$600

Year-over-year change

-$550

Available rentals

2

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $950 to $1,570.

Rent frequencies
Rent priceNumber of rental properties
$9001
$1,500+1

Average rent price over time

In the last year, rent has decreased by $550 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Feb$2,545$1,395
Mar$950$2,000
Aug$2,100$1,975
Sep$1,600$1,200
Oct$2,100$1,200
Nov$1,500$1,100
Dec$1,380$1,100

Market temperature

The 49240 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.

hot

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 49240 is 55% lower than the national average.

49240vs.

$950

$2,100

Rent in 49240

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

Explore Rentals

Frequently asked questions

1. What is the average rent in 49240?

The average rent in 49240 is $950.

2. How much does it cost to rent a house in 49240?

Houses in 49240 rent between $950 - $1,570 with an average rent of $950.

3. How has the rent in 49240 changed in the last year?

In the last year, the rent in 49240 decreased by $550

4. How much has the rent in 49240 increased/decreased in the last month?

In the last month, the rent in 49240 decreased by $600

5. How many available rentals are there in 49240?

There are currently 2 rentals available in 49240.

6. How do rent prices in 49240 compare with the national average?

The average rent in 49240 is $950 — 54.76% lower the national average of $2,100.