40047 rental market
Last updated August 29, 2025
Rental market summary
The average rent for 2 bedroom properties in 40047 is $1,125.
$1,125
+$25
-$375
4
Source: Zillow Rentals data
Rental price range
The price range for 2 bedroom properties is $1,100 to $1,200.
| Rent price | Number of rental properties |
|---|---|
| $1,000 | 1 |
| $1,100+ | 4 |
Average rent price over time
In the last year, rent has decreased by $375 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $929 | $1,100 |
| Feb | $1,000 | $1,130 |
| Mar | $1,095 | $1,050 |
| Apr | $1,050 | $1,100 |
| May | $1,150 | $909 |
| Jun | $1,394 | $909 |
| Jul | $1,100 | $1,130 |
| Aug | $1,000 | $1,100 |
| Sep | $1,500 | No data |
| Oct | $1,000 | No data |
| Nov | $1,200 | No data |
| Dec | $1,400 | No 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.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in 40047 is 40% lower than the national average.
$1,125
$1,875
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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 — Infinity% higher the national average of $0.