Cheap Apartments for Rent in 47331

15 rentals

Apartments For Rent Near 47331

We found 21 more apartments matching your filters just outside 47331

Average Rent Trends in 47331

Rent in 47331 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Nov 2026 compared to the previous month. Rent previously peaked in May 2025.
MonthAverage rent
Dec 2025$675
Jan 2026$775
Feb 2026$800
Mar 2026$850
Apr 2026$800
May 2026$707
Jun 2026$825
Jul 2026$725
Aug 2026$825
Sep 2026$825
Oct 2026$825
Nov 2026$825
View as a graph

Average Rent By Bedroom and Home Type

In November 2026, Townhomes were the most affordable home type to rent compared with Houses and Apartments and Condos.
1 bed2 beds3 beds4 bedsAll
All home types$679$825$1,070$675$825
Townhomes—$800——$800
Apartments and Condos$750$825$1,099—$825
Houses——$800$675$800

Frequently Asked Questions about Cheap Apartments for rent in 47331

  • How many cheap apartments are for rent in 47331?
    Trulia currently lists 30 cheap apartments for rent in 47331.
  • How much do cheap apartments in 47331 rent for?
    Rents for cheap apartments in 47331 range from $450 to $1,795 a month. Each listing shows its exact rent and any fees.
  • How does Trulia decide which rentals are cheap?
    This page shows rentals in the lowest price tier for apartments in 47331, sorted from the lowest rent up.
  • How can I find the cheapest apartments to rent in 47331?
    This page sorts apartments in 47331 from lowest rent up, starting at $450 a month. Filtering by fewer bedrooms or utilities included lowers costs further.
  • What trade-offs come with the cheapest rentals?
    Lower rents often mean smaller units, older buildings, fewer amenities or a longer commute. Check what utilities are included to compare true cost.