Zip Code
Average Rent in 47240
47240 is a zip code in Indianapolis-Carmel, IN MSA. It ranks #2 out of 76 for places to rent. 47240 is in
the state of
Indiana, the county of
Decatur County, the congressional districts of
District 06, District 09 and 25 cities. Dwellsy has rental data there are no sections, no neighborhoods and no rental communities in 47240.The average rent over the last 3 months for places in 47240 is $3,091 which represents an increase of 21.14% over the same period.
Rental Price Comparison
The average rent for places in zip 47240 currently stands at $3,091.
In comparison, places in the average state, specifically Indiana, is less expensive, with an average rent of $1,353. This represents a difference of -56% when compared to 47240.
Meanwhile, in the average msa of Indianapolis-Carmel, IN MSA, the average rent for the same type of housing is $1,444, showing a less expensive of -53% from our subject location.
On a national scale, the average rent for a similar places across the United States is $1,859. This constitutes a less expensive by -40% when compared to the rent in 47240.
$3,091
47240
VS$1,353
-56%
IN, state
$1,444
-53%
Indianapolis-Carmel, IN MSA, msa
$1,859
-40%
USA, us
Average price for rental listings over the last 3 months. Last updated May 31 2026
