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ZIP Code · IN

ZIP 47111

Pop. 17,738·Clark County·39th most expensive ZIP in Indiana
Median rent (all units)
$1,636/mo
Year-over-Year
Stable
Month-over-Month
+1.5%
vs US Median
-$329
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 47111 · $1,636
More affordable than 64% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$860
1 BR
$930
2 BR
$1,130
3 BR
$1,440
4 BR+
$1,680
Research median
$1,130/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$19,632/yr
At $1,636/mo median
Location
StateIN
CountyClark County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.0% YoY, +1.5% MoM), not inventory.
Demographics

Who lives here

ZIP 47111 (Charlestown, IN) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 30.2% of residents hold a bachelor's degree or higher.

Population
17,738
Median income
$95,376
Median age
37.1
Renters
13.4%
Age distribution
25.8%
21.9%
27.4%
12.2%
12.6%
Under 1825.8%
18–3421.9%
35–5427.4%
55–6412.2%
65+12.6%
Gender
47.2%
52.8%
Male47.2%
Female52.8%
Race & ethnicity
87.5%
White87.5%
Black2.7%
Hispanic7.5%
Asian1%
Other1.4%
Education (25+)
30.2%
32%
30.2%
No HS diploma7.6%
HS diploma30.2%
Some college32%
Bachelor's+30.2%
Housing tenure
86.6%
13.4%
Owner86.6%
Renter13.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 47111 in Charlestown, IN has changed in 5 years

Income
$81,657 → $95,376
up 16.8%
Population
18,169 → 17,738
down 2.4%
Renter share
15.2% → 13.4%
-1.8 pts
Bachelor's+
26.3% → 30.2%
+3.9 pts

On the earnings side, the typical household in ZIP 47111 in Charlestown, IN now reports about $95,376, up from $81,657 in 2021. Headcount in the area went from 18,169 to 17,738 between 2021 and 2024, a 2.4% change. About 13.4% of households rent today, against 15.2% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 26.3% to 30.2%.

Community

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Local insights

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About renting in ZIP 47111

Last updated: July 20, 2026

ZIP code 47111 covers Charlestown, IN. The median rent here is $1,636/mo as of July 2026. A 1-bedroom rents for a median of $930/mo. A 2-bedroom rents for a median of $1,130/mo.

At 21% of local median household income ($95,376/yr), ZIP 47111 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 47111?

As of July 20, 2026, the median monthly rent in ZIP 47111 (Charlestown, IN) is $1,636. This is based on aggregated data from public sources and community submissions.

How does ZIP 47111 rent compare to the US average?

ZIP 47111's median rent of $1,636/mo is $329 (17%) below the US national median of $1,965/mo.

How does ZIP 47111 compare to other ZIPs in Indiana?

ZIP 47111 is one of the pricier ZIP codes in Indiana, ranking #39 out of 144 ZIPs tracked at $1,636/mo.

How much income do you need to rent in ZIP 47111?

To keep rent at or below 30% of gross income, you would need to earn at least $65,000/year (~$31/hour full-time) to afford the median rent of $1,636/mo in ZIP 47111. The local median household income is $95,376/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 47111?

Rent in ZIP 47111 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 47111 an affordable place to rent?

ZIP 47111 is considered very affordable for renters. At $1,636/mo, rent takes approximately 21% of the local median household income ($95,376/yr). The standard benchmark is 30%. ZIP 47111 falls comfortably within that range.

What percentage of ZIP 47111 residents rent vs. own?

According to Census data, approximately 13.4% of ZIP 47111 households are renters, while 86.6% are owner-occupied. ZIP 47111 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 47111 compare to the rest of Charlestown?

ZIP 47111 sits right at the Charlestown citywide median of $1,636/mo.

When was rent data for ZIP 47111 last updated?

Rent data for ZIP 47111 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
21%
VERY AFFORDABLE

At $1,636/mo, rent takes ~21% of ZIP 47111's median household income ($95,376/yr). The standard benchmark is 30%.

ZIP 47111 21%Benchmark 30%
State income tax3.05%
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Schools nearby

Public schools near ZIP 47111 (Charlestown, IN)

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