Cheap Apartments for Rent in 47203
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Apartments For Rent Near 47203
We found 30 more apartments matching your filters just outside 47203
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- $1,165 - $1,770/mo1-3 Beds1-2 BathsWestwood Pines Apartments | 4745 Pine Ridge Dr,
Columbus, IN 47201 - $1,229 - $1,299/mo2 Beds1 BathColumbus Crossing Townhomes | 3393 Country Brook St,
Columbus, IN 47201
Average Rent Trends in 47203
Rent in 47203 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Nov 2026 compared to the previous month. Rent previously peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Dec 2025 | $1,450 |
| Jan 2026 | $1,695 |
| Feb 2026 | $1,333 |
| Mar 2026 | $1,400 |
| Apr 2026 | $1,222 |
| May 2026 | $1,232 |
| Jun 2026 | $1,288 |
| Jul 2026 | $1,238 |
| Aug 2026 | $1,203 |
| Sep 2026 | $1,333 |
| Oct 2026 | $1,380 |
| Nov 2026 | $1,207 |
Average Rent By Bedroom and Home Type
In November 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,023 | $1,200 | $1,575 | $1,761 | $1,207 |
| Townhomes | — | $1,200 | — | — | $1,200 |
| Apartments and Condos | — | $1,200 | $2,400 | — | $1,200 |
| Houses | — | — | $1,575 | $1,750 | $1,750 |
Frequently Asked Questions about Rentals in 47203
- What is the average rent of an apartment in 47203?The average rent of an apartment in 47203 is $1,162 per month. This is about 40% lower than the national average.
- What are the cheapest months to find an apartment to rent in 47203?Last year, the cheapest month to find an apartment to rent was Sep 2025 when it was $1,211 per month.
- How many cheap apartments are available in 47203?There are 8 apartments to rent that are cheaper than the city’s average rent of $1,207.
- When is the average rent most expensive in 47203?In the last year, the average rent in 47203 was highest in Jun 2025 when it was $2,186 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 47203?The average rent of a 1 bedroom apartment in 47203 is $1,023 per month. That is about $201 more than the cost of a studio apartment.
- What are some cities near 47203?Some nearby cities include: Clifford, Hope, Columbus, Hartsville, Taylorsville, Grammer. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 47203 - 129 Rentas | Trulia