Cheap Apartments for Rent in 47122

6 rentals

Apartments For Rent Near 47122

We found 28 more apartments matching your filters just outside 47122

Average Rent Trends in 47122

Rent in 47122 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Oct 2026 compared to the previous month. Rent previously peaked in Feb 2025.
MonthAverage rent
Nov 2025$1,150
Dec 2025$1,150
Jan 2026$1,375
Feb 2026$1,375
Mar 2026$1,100
Apr 2026$1,200
May 2026$1,260
Jun 2026$1,800
Jul 2026$1,050
Aug 2026$1,050
Sep 2026$1,200
Oct 2026$1,295
View as a graph

Average Rent By Bedroom and Home Type

In October 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
1 bed2 beds3 beds4 bedsAll
All home types—$1,200$2,100$2,500$1,295
Townhomes—$1,200——$1,200
Apartments and Condos—$1,295——$1,295
Houses—$1,400$2,100$2,500$2,100

Frequently Asked Questions about Rentals in 47122

  • What is the average rent of an apartment in 47122?
    The average rent of an apartment in 47122 is $1,173 per month. This is about 40% lower than the national average.
  • What are the cheapest months to find an apartment to rent in 47122?
    Last year, the cheapest month to find an apartment to rent was Jun 2025 when it was $1,025 per month.
  • How many cheap apartments are available in 47122?
    There are 3 apartments to rent that are cheaper than the city’s average rent of $1,295.
  • When is the average rent most expensive in 47122?
    In the last year, the average rent in 47122 was highest in Feb 2025 when it was $2,200 per month.
  • What are some cities near 47122?
    Some nearby cities include: Georgetown, Greenville, Lanesville, Crandall, Floyds Knobs, New Salisbury. These cities may have more rental options to explore.