40121 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 40121 is $1,486.

Average rent

$1,486

Month-over-month change

$0

Year-over-year change

+$129

Available rentals

1

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,275 to $1,275.

Rent frequencies
Rent priceNumber of rental properties
$1,400+1

Average rent price over time

In the last year, rent has increased by $129 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,081$1,357
Feb$1,274$1,357
Mar$1,357$1,486
Apr$1,357$1,486
May$1,357$1,486
Jun$1,357$1,486
Jul$1,357$1,486
Aug$1,357$1,486
Sep$1,357No data
Oct$1,357No data
Nov$1,357No data
Dec$1,357No data

Market temperature

The 40121 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 40121 is 29% lower than the national average.

40121vs.

$1,486

$2,100

Rent in 40121

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Frequently asked questions

1. What is the average rent in 40121?

The average rent in 40121 is $1,486.

2. How much does it cost to rent a house in 40121?

Houses in 40121 rent between $1,275 - $1,275 with an average rent of $1,486.

3. How has the rent in 40121 changed in the last year?

In the last year, the rent in 40121 increased by $129

4. How much has the rent in 40121 increased/decreased in the last month?

In the last month, the rent in 40121 did not change.

5. How many available rentals are there in 40121?

There are currently 1 rentals available in 40121.

6. How do rent prices in 40121 compare with the national average?

The average rent in 40121 is $1,486 — 29.24% lower the national average of $2,100.