Cheap Apartments for Rent in 47167

1 rentals

  • 907 E Hackberry St #5, Salem, IN 47167
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    NEW - 5 HRS AGO
    $650/mo
    1 Bed
    1 Bath
    576 sqft
    907 E Hackberry St #5,
    Salem, IN 47167

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    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 decreased in Aug 2026 compared to the previous month. Rent previously peaked in May 2025.
MonthAverage rent
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
Jul 2026$1,150
Aug 2026$1,017
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Average Rent By Bedroom and Home Type

In October 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types—$925$1,200—$925
Apartments and Condos—$925——$925
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 $925 per month. This is about 53% lower than the national average.
  • What are the cheapest months to find an apartment to rent in 47167?
    Last year, the cheapest month to find an apartment to rent was Mar 2025 when it was $895 per month.
  • How many cheap apartments are available in 47167?
    There are 1 apartments to rent that are cheaper than the city’s average rent of $925.
  • 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.
  • 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 - 725 Rentas | Trulia