What is the average rent of an apartment in 47421?

The average rent of an apartment in 47421 is $1,062 per month. This is about 46% lower than the national average.

When is the average rent for an apartment 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 $879 per month. That is about $84 more than the cost of a studio apartment.

There are 4 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 #305,
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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PET FRIENDLY
$830/mo
1 Bed
1 Bath
500 sqft
1112 T St,
Bedford, IN 47421
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NEW - 1 HR AGO
APPLY INSTANTLY
FURNISHED
$995/mo
Total price
Studio
1 Bath
6795 US Highway 50 E #21,
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 for a apartment increased in Jun 2026 compared to the previous month. Rent for apartments peaked in Feb 2025.

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In July 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	$927	$1,125	$1,250	—	$1,250
Apartments and Condos	$830	$1,150	—	—	$1,020
Houses	—	$1,125	$1,250	—	$1,320

What is the average rent of an apartment in 47421?
The average rent of an apartment in 47421 is $1,062 per month. This is about 46% lower than the national average.
When is the average rent for an apartment 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 for an apartment 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 $879 per month. That is about $84 more than the cost of a studio apartment.
How many apartments or condos are available to rent in 47421?
There are 4 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.