What is the average rent of an apartment in 47421?

The average rent of an apartment in 47421 is $1,169 per month. This is about 39% lower than the national average.

When is the average rent cheapest in 47421?

In the last year, the average rent in 47421 was lowest in Sep 2025 when it was $807 per month.

In the last year, the average rent in 47421 was highest in Feb 2025 when it was $1,081 per month.

The average rent of a 1 bedroom apartment in 47421 is $867 per month. That is about $72 more than the cost of a studio apartment.

There are 11 available apartments or condos to rent in 47421.

Some nearby cities include: Bedford , Oolitic , Heltonville , Mitchell , Norman , Medora . These cities may have more rental options to explore.

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PET FRIENDLY
INCOME RESTRICTED
$927 - $1,268/mo
1-3 Beds
1-2 Baths
Shawnee Apartments | 100 Shawnee Dr #1-107,
Bedford, IN 47421
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$1,150/mo
2 Beds
1 Bath
864 sqft
2029 28th St #2029,
Bedford, IN 47421
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$2,325/mo
Studio
2,325 sqft
908 E 16th St,
Bedford, IN 47421
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$1,850/mo
3 Beds
2 Baths
1,500 sqft
2115 G St,
Bedford, IN 47421
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PET FRIENDLY
$900/mo
1 Bed
1 Bath
1714 M St #D3,
Bedford, IN 47421
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Apartments For Rent Near 47421

Rent in 47421 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.

Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Feb 2025.

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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	$775	$950	$1,268	—	$1,075
Apartments and Condos	$775	$950	—	—	$795
Houses	—	$1,075	$1,250	—	$1,250

What is the average rent of an apartment in 47421?
The average rent of an apartment in 47421 is $1,169 per month. This is about 39% lower than the national average.
When is the average rent cheapest in 47421?
In the last year, the average rent in 47421 was lowest in Sep 2025 when it was $807 per month.
When is the average rent most expensive in 47421?
In the last year, the average rent in 47421 was highest in Feb 2025 when it was $1,081 per month.
How does the rent of a 1 bedroom apartment compare to a studio apartment in 47421?
The average rent of a 1 bedroom apartment in 47421 is $867 per month. That is about $72 more than the cost of a studio apartment.
How many apartments or condos are available to rent in 47421?
There are 11 available apartments or condos to rent in 47421.
What are some cities near 47421?
Some nearby cities include: Bedford, Oolitic, Heltonville, Mitchell, Norman, Medora. These cities may have more rental options to explore.