40031 rental market

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Last updated August 28, 2025

Rental market summary

The average rent for all bedrooms and all property types in 40031 is $2,449.

Average rent

$2,449

Month-over-month change

-$201

Year-over-year change

-$201

Available rentals

2

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $2,449 to $2,550.

Rent frequencies
Rent priceNumber of rental properties
$2,4001
$2,500+1

Average rent price over time

In the last year, rent has decreased by $201 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,595$2,700
Feb$2,600$2,600
Mar$2,600$2,600
Apr$2,600$2,650
May$2,140$2,550
Jul$2,600$1,850
Aug$2,675$2,800
Sep$2,650$2,650
Oct$2,095No data
Nov$2,350No data
Dec$2,750No data

Market temperature

The 40031 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.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 40031 is 9% lower than the national average.

40031vs.

$2,449

$2,700

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Frequently asked questions

1. What is the average rent in 40031?

The average rent in 40031 is $1,533.

2. How much does it cost to rent a house in 40031?

Houses in 40031 rent between $1,050 - $3,500 with an average rent of $1,533.

3. How has the rent in 40031 changed in the last year?

In the last year, the rent in 40031 increased by $432

4. How much has the rent in 40031 increased/decreased in the last month?

In the last month, the rent in 40031 increased by $33

5. How many available rentals are there in 40031?

There are currently 11 rentals available in 40031.

6. How do rent prices in 40031 compare with the national average?

The average rent in 40031 is $1,533 — Infinity% higher the national average of $0.