40203 rental market

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Last updated August 19, 2025

Rental market summary

The average rent for 1 bedroom properties in 40203 is $809.

Average rent

$809

Month-over-month change

-$16

Year-over-year change

-$66

Available rentals

53

Source: Zillow Rentals data

Rental price range

The price range for 1 bedroom properties is $553 to $1,485.

Rent frequencies
Rent priceNumber of rental properties
$5001
$60010
$70022
$80020
$90010
$1,0003
$1,1002
$1,400+1

Average rent price over time

In the last year, rent has decreased by $66 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$895$799
Feb$799$825
Mar$850$800
Apr$895$799
May$841$840
Jun$815$842
Jul$841$825
Aug$800$825
Sep$850No data
Oct$850No data
Nov$875No data
Dec$840No data

Market temperature

The 40203 rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 40203 is 49% lower than the national average.

40203vs.

$809

$1,588

Rent in 40203

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Frequently asked questions

1. What is the average rent in 40203?

The average rent in 40203 is $1,000.

2. How much does it cost to rent a house in 40203?

Houses in 40203 rent between $553 - $5,610 with an average rent of $1,000.

3. How has the rent in 40203 changed in the last year?

In the last year, the rent in 40203 decreased by $50

4. How much has the rent in 40203 increased/decreased in the last month?

In the last month, the rent in 40203 decreased by $77

5. How many available rentals are there in 40203?

There are currently 142 rentals available in 40203.

6. How do rent prices in 40203 compare with the national average?

The average rent in 40203 is $1,000 — Infinity% higher the national average of $0.