Apartments in 47240
6 rentals
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Apartments For Rent Near 47240
We found 22 more apartments matching your filters just outside 47240
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- SPECIAL OFFER$930 - $1,515/mo1-3 Beds1-2 BathsCimarron Place Apartments | 1713 Cimarron Place Dr,
Shelbyville, IN 46176 - SPECIAL OFFER$920 - $1,480/mo1-3 Beds1-2 BathsWater Dance Apartments | 1700 Morningside Dr,
Shelbyville, IN 46176 - PET FRIENDLY
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Average Rent Trends in 47240
Rent in 47240 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment stayed about the same in Aug 2026 compared to the previous month. Rent for apartments peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $1,100 |
| Oct 2025 | $1,050 |
| Nov 2025 | $875 |
| Dec 2025 | $1,087 |
| Jan 2026 | $1,120 |
| Feb 2026 | $1,050 |
| Mar 2026 | $1,150 |
| Apr 2026 | $1,175 |
| May 2026 | $1,300 |
| Jun 2026 | $1,226 |
| Jul 2026 | $1,147 |
| Aug 2026 | $1,136 |
Average Rent By Bedroom and Home Type
In August 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,075 | $1,324 | $1,800 | $1,725 | $1,431 |
| Apartments and Condos | $1,075 | ā | $1,450 | ā | $1,450 |
| Houses | ā | $1,324 | $1,800 | $1,725 | $1,725 |
Frequently Asked Questions about Apartments and Condos for rent in 47240
- What is the average rent of an apartment in 47240?The average rent of an apartment in 47240 is $1,261 per month. This is about 36% lower than the national average.
- When is the average rent for an apartment cheapest in 47240?In the last year, the average rent in 47240 was lowest in Jun 2025 when it was $778 per month.
- When is the average rent for an apartment most expensive in 47240?In the last year, the average rent in 47240 was highest in Jul 2025 when it was $1,350 per month.
- How many apartments or condos are available to rent in 47240?There are 6 available apartments or condos to rent in 47240.
- What are some cities near 47240?Some nearby cities include: Greensburg, New Point, Millhousen, Saint Paul, Milroy, Westport. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos en 47240 - 35 Apartamentos | Trulia