Cheap Apartments for Rent in 47331
17 rentals
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Use arrow keys to navigate$685 - $750/mo
1-2 Beds
1 BathCentral Plaza Apartments | 430 N Central Ave #11408354,
Connersville, IN 47331
$792 - $859/mo1-2 Beds1 BathSummerlin Apartments | 1465 State Highway 44 #4-D45,
Connersville, IN 47331
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Apartments For Rent Near 47331
We found 8 more apartments matching your filters just outside 47331
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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 decreased in Apr 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| May 2025 | $1,049 |
| Jun 2025 | $1,049 |
| Jul 2025 | $750 |
| Aug 2025 | $695 |
| Sep 2025 | $695 |
| Oct 2025 | $800 |
| Nov 2025 | $850 |
| Dec 2025 | $675 |
| Jan 2026 | $775 |
| Feb 2026 | $800 |
| Mar 2026 | $850 |
| Apr 2026 | $800 |
Average Rent By Bedroom and Home Type
In May 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 | $650 | $811 | $1,049 | $1,150 | $700 |
| Apartments and Condos | $650 | $700 | $1,049 | — | $700 |
| Houses | — | $900 | $1,100 | $1,150 | $900 |
Frequently Asked Questions about Rentals in 47331
- What is the average rent in 47331?The average rent in 47331 is $707. Rent prices range from $450 to as much as $1,200, depending on the type of rental.
- How does the rent in 47331 compare to the national average?Average rent in 47331 is about 63% lower than the national average rent of $1,910. That means it is less expensive to rent in 47331 compared to the U.S. average.
- What is the average rent in 47331, by number of bedrooms?The average rent in 47331 is $595 for a studio, $650 for a 1 bedroom, $825 for a 2 bedroom, $1,049 for a 3 bedroom, and $1,150 for a 4 bedroom.
- How have rent prices in 47331 changed compared to last year?In the past year, the average rent price in 47331 has decreased by $342. That means the average rent is 48% lower than last year.
- How many available rental listings are in 47331?There are 16 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.