Cheap Apartments for Rent in 47421

17 rentals

Apartments For Rent Near 47421

We found 14 more apartments matching your filters just outside 47421

Average Rent Trends in 47421

Rent in 47421 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Nov 2026 compared to the previous month. Rent previously peaked in Jul 2025.
MonthAverage rent
Dec 2025$1,100
Jan 2026$1,075
Feb 2026$1,100
Mar 2026$1,150
Apr 2026$1,150
May 2026$1,075
Jun 2026$1,150
Jul 2026$1,250
Aug 2026$1,155
Sep 2026$900
Oct 2026$1,050
Nov 2026$1,250
View as a graph

Average Rent By Bedroom and Home Type

In November 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$775$1,175$1,400—$1,250
Townhomes—$1,200——$1,200
Apartments and Condos$775$1,150$1,250—$1,150
Houses—$1,200$1,400—$1,500

Frequently Asked Questions about Cheap Apartments for rent in 47421

  • How many cheap apartments are for rent in 47421?
    Trulia currently lists 18 cheap apartments for rent in 47421.
  • How much do cheap apartments in 47421 rent for?
    Rents for cheap apartments in 47421 range from $675 to $2,325 a month. Each listing shows its exact rent and any fees.
  • How does Trulia decide which rentals are cheap?
    This page shows rentals in the lowest price tier for apartments in 47421, sorted from the lowest rent up.
  • How can I find the cheapest apartments to rent in 47421?
    This page sorts apartments in 47421 from lowest rent up, starting at $675 a month. Filtering by fewer bedrooms or utilities included lowers costs further.
  • What trade-offs come with the cheapest rentals?
    Lower rents often mean smaller units, older buildings, fewer amenities or a longer commute. Check what utilities are included to compare true cost.