47040 rental market
What is the average rent in 47040?
Last updated June 26, 2026
Rental market summary
The average rent for all bedrooms and all property types in 47040 is $1,118.
Average rent
$1,118
Month-over-month change
-$75
Year-over-year change
+$1,118
Available rentals
1
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $1,090 to $1,090.
| Rent price | Number of rental properties |
|---|---|
| $1,100+ | 1 |
Average rent price over time
In the last year, rent has increased by $1,118 compared to the previous year.
| Last year (2025) | This year (2026) | |
|---|---|---|
| Jan | $1,100 | $1,202 |
| Feb | $1,041 | $1,187 |
| Mar | $1,100 | $1,193 |
| May | $1,500 | No data |
| Aug | $900 | No data |
Market temperature
The 47040 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.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in 47040 is 44% lower than the national average.
$1,118
$2,013
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Frequently asked questions
1. What is the average rent in 47040?
2. What is the average rent for a two-bedroom apartment in 47040?
3. How much does it cost to rent a house in 47040?
4. How has the rent in 47040 changed in the last year?
5. How much has the rent in 47040 increased/decreased in the last month?
6. How many available rentals are there in 47040?
7. How do rent prices in 47040 compare with the national average?
