Average Rent in 47401, Salt Creek, IN

Home  »  IN  »  Salt Creek  »  47401

Current Versus Historical 47401, Salt Creek, IN Rents

47401 rentals average $995 for a 1-bedroom rental to $2,413 for a 4-bedroom rental. The median price of all currently available listings is $1,550, or roughly $1 per square feet.
For the apartment units and housing in May 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $1,821 (156.07%) year-over-year from $1,167 to $2,988. 1-bedroom rentals prices have increased by $33 (3.06%) year-over-year from $1,089 to $1,123. 2-bedroom rentals prices have increased by $210 (16.28%) year-over-year from $1,290 to $1,500. 3-bedroom rentals prices have decreased by $93 (-5.28%) year-over-year from $1,768 to $1,675. 4-bedroom rentals prices have increased by $72 (3.08%) year-over-year from $2,340 to $2,413. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 94.94% this month. 1-bedroom rents have gone up by 6.68% this month. 2-bedroom rents have gone up by 2.18% this month. 3-bedroom rents have gone down by 5.63% this month. 4-bedroom rents have gone down by 21.44% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $1.90 $1,123 $1,089 (3.06%) $783 (43.30%)
2 BR $1.25 $1,500 $1,290 (16.28%) $1,092 (37.40%)
3 BR $1.35 $1,675 $1,768 (-5.28%) $1,431 (17.06%)
4+ BR $0.87 $2,413 $2,340 (3.08%) $2,642 (-8.68%)

Historical Rents in 47401, Salt Creek, IN

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 47401

There are a total of 1 cities nearby 47401. The average rent in 47401 is currently $1,500 per month. Only one city nearby has an average rent lower than that. Our records show that Bloomington, IN, with an average rent of $1,500, is the most affordable city nearby. In contrast, the most expensive city near 47401, Salt Creek, IN is Bloomington, IN. Monthly rents here are on average $1,500 per month.

Let's compare 47401, Salt Creek, IN's rent against other top cities nearby by bedroom size. One bedrooms are about 4.52% more expensive. Two bedrooms in 47401, Salt Creek, IN are about 1.72% more expensive. Finally, rent for three bedrooms are about 5.22% more affordable. Want more information? Check out the top 1 cities near 47401, Salt Creek, IN in the following chart.
City Studio 1 Bed 2 Bed All
Bloomington, IN N/A $950 $1,425 $1,500

Top Neighborhoods Near 47401



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near 47401



We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All

Top Zipcodes Near 47401



You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All

Frequently Asked Questions - 47401 Average Rents

What is the average rent price in 47401, Salt Creek, IN?
The average monthly rental price for 47401, Salt Creek, IN apartments for rent is approximately $1,550. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 47401, Salt Creek, IN rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 47401, Salt Creek, IN.
How much is a studio apartment in 47401, Salt Creek, IN?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in 47401.
How much is a one bedroom apartment in 47401, Salt Creek, IN?
The average monthly rental price for one bedroom apartments is $995 and an average price per square feet of $1.90. There are a total of 3 one bedroom apartment listings currently available for rent in 47401.
How much is a two bedroom apartment in 47401, Salt Creek, IN?
The average monthly rental price for two bedroom apartments is $1,450 and an average price per square feet of $1.25. There are a total of 13 two bedroom apartment listings currently available for rent in 47401.
How have rent prices in 47401, Salt Creek, IN changed this year?
Rent prices for rentals in 47401, Salt Creek, IN can fluctuate yearly. Specifically, studio rental prices have changed by 1.56%, one bedroom rental prices have changed by 0.03%, two bedroom rental prices have changed by 0.16%, and three bedroom rental prices have changed by -0.05% year-over-year.
What is a reasonable rent price in 47401, Salt Creek, IN?
A reasonable rent price in 47401, Salt Creek, IN is around $1,240/month. You can search for these reasonably priced rental listings on RentHop.
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
© 2009 - 2024 RentHop.com™
Quantcast