ZIP Code · IN

ZIP 47129

Pop. 19,582·Clark County·106th most expensive ZIP in Indiana
Median rent (all units)
$1,156/mo
Year-over-Year
Stable
Month-over-Month
+1.6%
vs US Median
-$776
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 47129 · $1,156
More affordable than 93% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$900
1 BR
$970
2 BR
$1,180
3 BR
$1,510
4 BR+
$1,750
Research median
$1,180/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: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($56,185) is $1,405 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,180); a 3-bedroom is $1,510.

Cheaper nearby

ZIP 40203, 4 miles away, rents for 13% less ($1,006/mo), about $1,800 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 47129. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$13,872/yr
At $1,156/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, +1.6% MoM), not inventory.
Demographics

Who lives here

ZIP 47129 (Clarksville, IN) is majority owner-occupied, has a median income below the national average, 18.2% of residents hold a bachelor's degree or higher.

Population
19,582
Median income
$56,185
Median age
40.1
Renters
42.5%
Age distribution
19.2%
25.8%
23.8%
14.3%
16.9%
Under 1819.2%
18–3425.8%
35–5423.8%
55–6414.3%
65+16.9%
Gender
46.8%
53.2%
Male46.8%
Female53.2%
Race & ethnicity
75.4%
15.7%
White75.4%
Black9.6%
Hispanic15.7%
Education (25+)
16.2%
34.4%
31.2%
18.2%
No HS diploma16.2%
HS diploma34.4%
Some college31.2%
Bachelor's+18.2%
Housing tenure
57.5%
42.5%
Owner57.5%
Renter42.5%

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

2021 vs 2026

How ZIP 47129 in Clarksville, IN has changed in 5 years

Income
$47,409 → $56,185
up 18.5%
Population
19,635 → 19,582
down 0.3%
Renter share
41.7% → 42.5%
+0.8 pts
Bachelor's+
15.2% → 18.2%
+3.0 pts
Median age
40.8 → 40.1
-0.7 yrs

Census figures show median household income at $56,185 today, compared with $47,409 five years earlier. Bachelor's-degree-or-higher attainment moved from 15.2% to 18.2% across the same window.

Community

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Local insights

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About renting in ZIP 47129

Last updated: October 17, 2026

ZIP code 47129 covers Clarksville, IN. The median rent here is $1,156/mo as of October 2026. A 1-bedroom rents for a median of $970/mo. A 2-bedroom rents for a median of $1,180/mo.

At 25% of local median household income ($56,185/yr), ZIP 47129 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 income do you need to rent in ZIP 47129?

To keep rent at or below 30% of gross income, you would need to earn at least $46,000/year (about $22/hour full-time) to afford the median rent of $1,156/mo in ZIP 47129. The local median household income is $56,185/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 47129?

Rent in ZIP 47129 has been roughly flat over the past year, a 0.0% change.

How does ZIP 47129 compare to other ZIPs in Indiana?

ZIP 47129 is one of the more affordable among Indiana ZIP codes for rent, ranking #106 of 139 at $1,156/mo.

How does ZIP 47129 compare to the rest of Clarksville?

ZIP 47129 sits right at the Clarksville citywide median of $1,156/mo.
Income Affordability
25%
AFFORDABLE

At $1,156/mo, rent takes ~25% of ZIP 47129's median household income ($56,185/yr). The standard benchmark is 30%.

ZIP 47129 25%Benchmark 30%
State income tax3.05%
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Schools nearby

Public schools near ZIP 47129 (Clarksville, IN)

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