Cheap Apartments for Rent in 47129

37 rentals

Apartments For Rent Near 47129

We found 30 more apartments matching your filters just outside 47129

Average Rent Trends in 47129

Rent in 47129 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Nov 2026 compared to the previous month. Rent previously peaked in Mar 2025.
MonthAverage rent
Dec 2025$1,150
Jan 2026$1,150
Feb 2026$1,105
Mar 2026$1,150
Apr 2026$1,150
May 2026$1,175
Jun 2026$1,039
Jul 2026$1,150
Aug 2026$1,043
Sep 2026$1,099
Oct 2026$1,100
Nov 2026$1,100
View as a graph

Average Rent By Bedroom and Home Type

In November 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$883$1,037$1,310$2,100$1,041
Townhomes—$1,150——$1,150
Apartments and Condos$795$945$1,250—$975
Houses—$1,200$1,650$2,100$1,500

Frequently Asked Questions about Rentals in 47129

  • What is the average rent of an apartment in 47129?
    The average rent of an apartment in 47129 is $1,007 per month. This is about 48% lower than the national average.
  • What are the cheapest months to find an apartment to rent in 47129?
    Last year, the cheapest month to find an apartment to rent was Jun 2025 when it was $950 per month.
  • How many cheap apartments are available in 47129?
    There are 16 apartments to rent that are cheaper than the city’s average rent of $1,041.
  • When is the average rent most expensive in 47129?
    In the last year, the average rent in 47129 was highest in Mar 2025 when it was $1,315 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 47129?
    The average rent of a 1 bedroom apartment in 47129 is $883 per month. That is about $93 less than the cost of a studio apartment.
  • What are some cities near 47129?
    Some nearby cities include: Clarksville, Jeffersonville, New Albany, Sellersburg, Utica, Floyds Knobs. These cities may have more rental options to explore.