Cheap Apartments for Rent in 47405

1 rentals

Apartments For Rent Near 47405

We found 30 more apartments matching your filters just outside 47405

Average Rent Trends in 47405

Rent in 47405 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Sep 2026 compared to the previous month. Rent previously peaked in Sep 2026.
MonthAverage rent
Apr 2025$880
May 2025$1,500
Jan 2026$1,547
Feb 2026$1,547
Mar 2026$1,542
Apr 2026$1,490
May 2026$1,176
Jun 2026$1,520
Jul 2026$1,563
Aug 2026$1,555
Sep 2026$1,600
View as a graph

Average Rent By Bedroom and Home Type

1 bed2 beds3 beds4 bedsAll
All home types$2,460$1,678$1,409$1,485$1,563

Frequently Asked Questions about Rentals in 47405

  • What is the average rent of an apartment in 47405?
    The average rent of an apartment in 47405 is $1,563 per month. This is about 20% lower than the national average.
  • What are the cheapest months to find an apartment to rent in 47405?
    Last year, the cheapest month to find an apartment to rent was Apr 2025 when it was $880 per month.
  • How many cheap apartments are available in 47405?
    There are 1 apartments to rent that are cheaper than the city’s average rent of $1,563.
  • When is the average rent most expensive in 47405?
    In the last year, the average rent in 47405 was highest in May 2025 when it was $1,500 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 47405?
    The average rent of a 1 bedroom apartment in 47405 is $2,460 per month. That is about $406 more than the cost of a studio apartment.
  • What are some cities near 47405?
    Some nearby cities include: Bloomington, Ellettsville, Unionville, Stinesville, Heltonville, Gosport. These cities may have more rental options to explore.