47111 rental market

What is the average rent in 47111?

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Last updated June 30, 2026

Rental market summary

The average rent for all bedrooms and all property types in 47111 is $1,100.

Average rent

$1,100

Month-over-month change

-$100

Year-over-year change

-$350

Available rentals

19

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $850 to $2,200.

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Rent frequencies
Rent priceNumber of rental properties
$8003
$9004
$1,0004
$1,1002
$1,2002
$1,3001
$1,4002
$1,5003
$1,6003
$2,1001
$2,200+1

Average rent price over time

In the last year, rent has decreased by $350 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,600$1,193
Feb$1,100$1,193
Mar$2,050$1,212
Apr$1,650$1,300
May$2,050$1,250
Jun$1,430$1,200
Jul$1,434No data
Aug$1,229No data
Sep$1,230No data
Oct$1,253No data
Nov$1,100No data
Dec$1,225No data

Market temperature

The 47111 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.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 47111 is 45% lower than the national average.

47111vs.

$1,100

$2,010

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Frequently asked questions

1. What is the average rent in 47111?

The average rent in 47111 is $1,100.

2. What is the average rent for a one-bedroom apartment in 47111?

The average rent for a one-bedroom apartment in 47111 is $975 per month.

3. What is the average rent for a two-bedroom apartment in 47111?

The average rent for a two-bedroom apartment in 47111 is $1,025 per month.

4. What is the average rent for a three-bedroom apartment in 47111?

The average rent for a three-bedroom apartment in 47111 is $1,600 per month.

5. What is the average rent for a four-bedroom apartment in 47111?

The average rent for a four-bedroom apartment in 47111 is $2,200 per month.

6. How much does it cost to rent a house in 47111?

Houses in 47111 rent between $850 - $2,200 with an average rent of $1,100.

7. How has the rent in 47111 changed in the last year?

In the last year, the rent in 47111 decreased by $350

8. How much has the rent in 47111 increased/decreased in the last month?

In the last month, the rent in 47111 decreased by $100

9. How many available rentals are there in 47111?

There are currently 19 rentals available in 47111.

10. How do rent prices in 47111 compare with the national average?

The average rent in 47111 is $1,100 — 45.27% lower the national average of $2,010.

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