40023 rental market
Last updated August 28, 2025
Rental market summary
The average rent for 3 bedroom properties in 40023 is $2,751.
$2,751
-$94
+$551
1
Source: Zillow Rentals data
Rental price range
The price range for 3 bedroom properties is $2,745 to $2,745.
| Rent price | Number of rental properties |
|---|---|
| $2,700+ | 1 |
Average rent price over time
In the last year, rent has increased by $551 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $1,795 | $1,800 |
| Sep | $2,200 | $1,800 |
Market temperature
The 40023 rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in 40023 is 25% higher than the national average.
$2,751
$2,200
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Frequently asked questions
1. What is the average rent in 40023?
The average rent in 40023 is $2,751.
2. How much does it cost to rent a house in 40023?
Houses in 40023 rent between $2,745 - $2,975 with an average rent of $2,751.
3. How has the rent in 40023 changed in the last year?
In the last year, the rent in 40023 increased by $551
4. How much has the rent in 40023 increased/decreased in the last month?
In the last month, the rent in 40023 decreased by $94
5. How many available rentals are there in 40023?
There are currently 2 rentals available in 40023.
6. How do rent prices in 40023 compare with the national average?
The average rent in 40023 is $2,751 — Infinity% higher the national average of $0.