40047 rental market

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Last updated August 23, 2025

Rental market summary

The average rent for 2 bedroom properties in 40047 is $1,100.

Average rent

$1,100

Month-over-month change

$0

Year-over-year change

+$250

Available rentals

3

Source: Zillow Rentals data

Rental price range

The price range for 2 bedroom properties is $909 to $1,175.

Rent frequencies
Rent priceNumber of rental properties
$9001
$1,0001
$1,100+2

Average rent price over time

In the last year, rent has increased by $250 compared to the previous year.

Average rent price over time
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$1,500No data
Oct$1,000No data
Nov$1,200No data
Dec$1,400No 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 42% lower than the national average.

40047vs.

$1,100

$1,895

Rent in 40047

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Frequently asked questions

1. What is the average rent in 40047?

The average rent in 40047 is $1,299.

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

Houses in 40047 rent between $875 - $2,950 with an average rent of $1,299.

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

In the last year, the rent in 40047 increased by $50

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

In the last month, the rent in 40047 decreased by $51

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 $1,299 — Infinity% higher the national average of $0.