Apartments in 47240

2 rentals

Apartments For Rent Near 47240

We found 12 more apartments matching your filters just outside 47240

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 decreased in Jun 2026 compared to the previous month. Rent for apartments peaked in Jul 2025.
MonthAverage rent
Jul 2025$1,350
Aug 2025$1,000
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
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 Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,061$1,324$3,995$2,350$1,400
Townhomes—$1,400——$1,400
Apartments and Condos$1,075———$1,075
Houses—$1,324$3,995$2,350$2,350

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 $1,148 per month. This is about 41% 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 3 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.