40047 rental market

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Last updated August 19, 2025

Rental market summary

The average rent for 3 bedroom properties in 40047 is $1,400.

Average rent

$1,400

Month-over-month change

-$325

Year-over-year change

-$19

Available rentals

4

Source: Zillow Rentals data

Rental price range

The price range for 3 bedroom properties is $1,299 to $2,295.

Rent frequencies
Rent priceNumber of rental properties
$1,2001
$1,3001
$1,4001
$1,7001
$2,200+1

Average rent price over time

In the last year, rent has decreased by $19 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,500$1,700
Feb$1,525$1,299
Mar$1,675$1,299
Apr$2,360$1,299
May$2,143$1,299
Jun$1,299$2,245
Jul$1,449$1,700
Aug$1,499$2,155
Sep$1,249No data
Oct$1,575No data
Nov$1,573No data
Dec$1,560No 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 37% lower than the national average.

40047vs.

$1,400

$2,206

Rent in 40047

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Frequently asked questions

1. What is the average rent in 40047?

The average rent in 40047 is $1,400.

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

Houses in 40047 rent between $909 - $2,950 with an average rent of $1,400.

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

In the last year, the rent in 40047 increased by $1

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

In the last month, the rent in 40047 decreased by $275

5. How many available rentals are there in 40047?

There are currently 9 rentals available in 40047.

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

The average rent in 40047 is $1,400 — Infinity% higher the national average of $0.