Cheap Apartments for Rent in 47167

3 rentals

  • 6 Public Sq #1, Salem, IN 47167
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    APPLY INSTANTLY
    FURNISHED
    ROOM FOR RENT
    $1,150/mo
    2 Beds
    1 Bath
    Room for rent
    6 Public Sq #1,
    Salem, IN 47167
  • 306 S Posey St, Salem, IN 47167
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    APPLY INSTANTLY
    PET FRIENDLY
    $1,200/mo
    Total price
    3 Beds
    2 Baths
    1,100 sqft
    306 S Posey St,
    Salem, IN 47167
  • 100 Walnut Tree Dr #200, Salem, IN 47167
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    NEW - 17 HRS AGO
    APPLY INSTANTLY
    PET FRIENDLY
    $1,500/mo
    3 Beds
    2 Baths
    2,200 sqft
    100 Walnut Tree Dr #200,
    Salem, IN 47167

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Apartments For Rent Near 47167

We found 30 more apartments matching your filters just outside 47167

Average Rent Trends in 47167

Rent in 47167 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Jun 2026 compared to the previous month. Rent previously peaked in May 2025.
MonthAverage rent
Jul 2025$1,200
Aug 2025$900
Sep 2025$900
Oct 2025$900
Nov 2025$1,200
Dec 2025$1,100
Jan 2026$1,100
Feb 2026$1,100
Mar 2026$950
Apr 2026$895
May 2026$850
Jun 2026$995
View as a graph

Average Rent By Bedroom and Home Type

In July 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types$595$1,150$1,200—$1,150
Apartments and Condos—$1,150——$1,150
Houses——$1,200—$1,200

Frequently Asked Questions about Rentals in 47167

  • What is the average rent of an apartment in 47167?
    The average rent of an apartment in 47167 is $1,150 per month. This is about 41% lower than the national average.
  • When is the average rent cheapest in 47167?
    In the last year, the average rent in 47167 was lowest in Mar 2025 when it was $895 per month.
  • When is the average rent most expensive in 47167?
    In the last year, the average rent in 47167 was highest in May 2025 when it was $1,200 per month.
  • How many available rental listings are in 47167?
    There are 2 available rental listings in 47167.
  • What are some cities near 47167?
    Some nearby cities include: Salem, New Pekin, Livonia, Campbellsburg, Fredericksburg, Saltillo. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 47167 - 706 Rentas | Trulia