What is the average rent of an apartment in 47243?

The average rent of an apartment in 47243 is $858 per month. This is about 56% lower than the national average.

When is the average rent for an apartment cheapest in 47243?

In the last year, the average rent in 47243 was lowest in May 2025 when it was $878 per month.

In the last year, the average rent in 47243 was highest in Nov 2025 when it was $964 per month.

The average rent of a 1 bedroom apartment in 47243 is $825 per month. That is about $25 less than the cost of a studio apartment.

There are 3 available apartments or condos to rent in 47243.

Some nearby cities include: Hanover , Lexington , Nabb , Milton , New Washington , Bethlehem . These cities may have more rental options to explore.

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PET FRIENDLY
$850 - $905/mo
Studio-2 Beds
1 Bath
Timothy Trace Duplexes | 220 Timothy Ln,
Hanover, IN 47243
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APPLY INSTANTLY
$825/mo
1 Bed
1 Bath
550 sqft
Address Not Disclosed,
Hanover, IN 47243
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Rent in 47243 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 Sep 2026 compared to the previous month. Rent for apartments peaked in Nov 2025.

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In September 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	$1,099	$905	$1,300	—	$925
Apartments and Condos	$825	$925	—	—	$825
Houses	$1,099	—	$1,300	—	$1,150

What is the average rent of an apartment in 47243?
The average rent of an apartment in 47243 is $858 per month. This is about 56% lower than the national average.
When is the average rent for an apartment cheapest in 47243?
In the last year, the average rent in 47243 was lowest in May 2025 when it was $878 per month.
When is the average rent for an apartment most expensive in 47243?
In the last year, the average rent in 47243 was highest in Nov 2025 when it was $964 per month.
How does the rent of a 1 bedroom apartment compare to a studio apartment in 47243?
The average rent of a 1 bedroom apartment in 47243 is $825 per month. That is about $25 less than the cost of a studio apartment.
How many apartments or condos are available to rent in 47243?
There are 3 available apartments or condos to rent in 47243.
What are some cities near 47243?
Some nearby cities include: Hanover, Lexington, Nabb, Milton, New Washington, Bethlehem. These cities may have more rental options to explore.