Average Rent in 47403, Van Buren, IN

Current Versus Historical 47403, Van Buren, IN Rents

47403 rentals average $883 for a studio rental to $2,500 for a 4-bedroom rental. The median price of all currently available listings is $1,450, or roughly $1 per square feet.

For the apartment units and housing in April 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $1,323 (-98.88%) year-over-year from $1,338 to $15. 1-bedroom rentals prices have increased by $88 (11.29%) year-over-year from $775 to $863. 2-bedroom rentals prices have increased by $151 (13.77%) year-over-year from $1,099 to $1,250. 3-bedroom rentals prices have increased by $224 (16.31%) year-over-year from $1,376 to $1,600. 4-bedroom rentals prices have increased by $149 (9.90%) year-over-year from $1,501 to $1,650. 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 28.57% this month. 1-bedroom rents have gone up by 0.52% this month. 2-bedroom rents have gone down by 2.36% this month. 3-bedroom rents have gone up by 9.71% this month. 4-bedroom rents have gone down by 0.50% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$1.89	$15	$1,338 (-98.88%)	$612 (-97.55%)
1 BR	$1.64	$863	$775 (11.29%)	$624 (38.18%)
2 BR	$1.42	$1,250	$1,099 (13.77%)	$937 (33.45%)
3 BR	$1.33	$1,600	$1,376 (16.31%)	$1,324 (20.83%)
4+ BR	$1.10	$1,650	$1,501 (9.90%)	$1,338 (23.36%)

Historical Rents in 47403, Van Buren, IN

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 47403

There are a total of 1 cities nearby 47403. The average rent in 47403 is currently $1,600 per month. Our records show that Bloomington, IN, with an average rent of $1,600, is the most affordable city nearby. In contrast, the most expensive city near 47403, Van Buren, IN is Bloomington, IN. Monthly rents here are on average $1,600 per month.

Let's compare 47403, Van Buren, IN's rent against other top cities nearby by bedroom size. Typically, rent for studios in 47403, Van Buren, IN is 31.16% more affordable than other cities nearby. One bedrooms are about 15.44% more affordable. Two bedrooms in 47403, Van Buren, IN are about 13.79% more affordable. Finally, rent for three bedrooms are about 9.63% more affordable. Want more information? Check out the top 1 cities near 47403, Van Buren, IN in the following chart.

City	Studio	1 Bed	2 Bed	All
Bloomington, IN	$1,158	$1,039	$1,548	$1,600

Top Neighborhoods Near 47403

There are a total of 1 neighborhoods in or near 47403. We've included all of these top 1 neighborhoods in or near 47403, Van Buren, IN in the following chart.

The average rent for these 1 neighborhoods in or near 47403, Van Buren, IN is currently around $2,150 per month. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is higher than 47403's average rent, which is only $1,450. Out of all the neighborhoods in or near 47403, Old Northeast has the most affordable average rent at $2,150 per month. Whereas, at $2,150 average rent per month, Old Northeast is the most expensive neighborhood in or near 47403. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Old Northeast, Bloomington, IN	$1,110	$1,198	$1,937	$2,150

Top Counties Near 47403

There are a total of 1 counties located by 47403, Van Buren, IN. The average rent for rentals in these counties is $1,650. That's roughly around $2 per sqft. The county that is the most affordable is Perry, IN. It's average rent per month is $1,500. Vice versa, with an average rent of $1,800, Bloomington, IN is the most expensive county by 47403, Van Buren, IN.

Typically, rent for studios in 47403, Van Buren, IN is 20.65% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 47403, Van Buren, IN is 13.89% more affordable than other counties nearby. Finally, rent for two bedrooms in 47403, Van Buren, IN is 22.06% more affordable than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Perry, IN	$875	$1,000	$1,450	$1,500
Bloomington, IN	$1,255	$1,050	$1,870	$1,800

Top Zipcodes Near 47403

There are a total of 2 zipcodes in or near 47403, Van Buren, IN. The average rent for all of these zipcodes is $1,625.

The following chart includes the top 2 zipcodes in 47403, Van Buren, IN. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
47408, Bloomington, IN	$1,468	$1,039	$1,898	$1,800
47404, Richland, IN	$1,215	$1,200	$1,800	$1,450

Frequently Asked Questions - 47403 Average Rents

What is the average rent price in 47403, Van Buren, IN?

The average monthly rental price for 47403, Van Buren, IN apartments for rent is approximately $1,450. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 47403, Van Buren, 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 47403, Van Buren, IN.

How much is a studio apartment in 47403, Van Buren, IN?

The average monthly rental price for studio apartments is $883 and an average price per square feet of $1.89. There are a total of 4 studio apartment listings currently available for rent in 47403.

How much is a one bedroom apartment in 47403, Van Buren, IN?

The average monthly rental price for one bedroom apartments is $900 and an average price per square feet of $1.64. There are a total of 11 one bedroom apartment listings currently available for rent in 47403.

How much is a two bedroom apartment in 47403, Van Buren, IN?

The average monthly rental price for two bedroom apartments is $1,360 and an average price per square feet of $1.42. There are a total of 14 two bedroom apartment listings currently available for rent in 47403.

How have rent prices in 47403, Van Buren, IN changed this year?

Rent prices for rentals in 47403, Van Buren, IN can fluctuate yearly. Specifically, studio rental prices have changed by -0.99%, one bedroom rental prices have changed by 0.11%, two bedroom rental prices have changed by 0.14%, and three bedroom rental prices have changed by 0.16% year-over-year.

What is a reasonable rent price in 47403, Van Buren, IN?

A reasonable rent price in 47403, Van Buren, IN is around $1,160/month. You can search for these reasonably priced rental listings on RentHop.