Cheap Apartments for Rent in 47331

14 rentals

Apartments For Rent Near 47331

We found 29 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 increased in Aug 2026 compared to the previous month. Rent previously peaked in May 2025.
MonthAverage rent
Sep 2025$695
Oct 2025$800
Nov 2025$850
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
View as a graph

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 bed2 beds3 beds4 bedsAll
All home types$679$800$981$1,130$800
Apartments and Condos—$825$1,049—$825
Houses—$900——$900

Frequently Asked Questions about Rentals in 47331

  • What is the average rent of an apartment in 47331?
    The average rent of an apartment in 47331 is $745 per month. This is about 62% lower than the national average.
  • When is the average rent cheapest in 47331?
    In the last year, the average rent in 47331 was lowest in Dec 2025 when it was $675 per month.
  • When is the average rent most expensive in 47331?
    In the last year, the average rent in 47331 was highest in May 2025 when it was $1,049 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 47331?
    The average rent of a 1 bedroom apartment in 47331 is $679 per month. That is about $69 more than the cost of a studio apartment.
  • How many available rental listings are in 47331?
    There are 13 available rental listings in 47331.
  • What are some cities near 47331?
    Some nearby cities include: Connersville, Glenwood, Milton, Brownsville, Falmouth, Laurel. These cities may have more rental options to explore.