40047 rental market

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Last updated August 29, 2025

Rental market summary

The average rent for all bedrooms and all property types in 40047 is $1,175.

Average rent

$1,175

Month-over-month change

-$550

Year-over-year change

-$74

Available rentals

10

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $875 to $2,850.

Rent frequencies
Rent priceNumber of rental properties
$8001
$1,0001
$1,1004
$1,3001
$1,6001
$1,7001
$2,2002
$2,800+1

Average rent price over time

In the last year, rent has decreased by $74 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,099$1,299
Feb$1,199$1,299
Mar$1,150$1,299
Apr$2,360$1,299
May$1,449$1,299
Jun$1,299$1,130
Jul$1,299$1,675
Aug$1,449$1,725
Sep$1,249No data
Oct$1,275No data
Nov$1,299No data
Dec$1,500No data

Market temperature

The 40047 rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 40047 is 44% lower than the national average.

40047vs.

$1,175

$2,100

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Frequently asked questions

1. What is the average rent in 40047?

The average rent in 40047 is $1,175.

2. How much does it cost to rent a house in 40047?

Houses in 40047 rent between $875 - $2,850 with an average rent of $1,175.

3. How has the rent in 40047 changed in the last year?

In the last year, the rent in 40047 decreased by $74

4. How much has the rent in 40047 increased/decreased in the last month?

In the last month, the rent in 40047 decreased by $550

5. How many available rentals are there in 40047?

There are currently 10 rentals available in 40047.

6. How do rent prices in 40047 compare with the national average?

The average rent in 40047 is $1,175 — 44.05% lower the national average of $2,100.