40162 rental market

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Last updated August 23, 2025

Rental market summary

The average rent for all bedrooms and all property types in 40162 is $1,000.

Average rent

$1,000

Month-over-month change

-$500

Year-over-year change

-$1,250

Available rentals

5

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $995 to $2,500.

Rent frequencies
Rent priceNumber of rental properties
$9003
$1,0001
$1,4001
$1,5001
$2,4001
$2,500+1

Average rent price over time

In the last year, rent has decreased by $1,250 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,200$2,195
Apr$2,500$2,095
Aug$2,200$1,500
Sep$2,250$2,350
Oct$1,005$1,068
Nov$1,800$1,025
Dec$2,221$995

Market temperature

The 40162 rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

hot

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 40162 is 52% lower than the national average.

40162vs.

$1,000

$2,100

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Frequently asked questions

1. What is the average rent in 40162?

The average rent in 40162 is $1,000.

2. How much does it cost to rent a house in 40162?

Houses in 40162 rent between $995 - $2,500 with an average rent of $1,000.

3. How has the rent in 40162 changed in the last year?

In the last year, the rent in 40162 decreased by $1,250

4. How much has the rent in 40162 increased/decreased in the last month?

In the last month, the rent in 40162 decreased by $500

5. How many available rentals are there in 40162?

There are currently 5 rentals available in 40162.

6. How do rent prices in 40162 compare with the national average?

The average rent in 40162 is $1,000 — 52.38% lower the national average of $2,100.