40203 rental market
What is the average rent in 40203?
Last updated October 30, 2025
Rental market summary
The average rent for 3 bedroom properties in 40203 is $1,295.
$1,295
-$5
-$5
41
Source: Zillow Rentals data
Rental price range
The price range for 3 bedroom properties is $850 to $5,364.
| Rent price | Number of rental properties |
|---|---|
| $800 | 4 |
| $900 | 7 |
| $1,000 | 6 |
| $1,100 | 10 |
| $1,200 | 6 |
| $1,300 | 8 |
| $1,400 | 3 |
| $1,500 | 5 |
| $1,600 | 2 |
| $1,700 | 2 |
| $1,900 | 2 |
| $2,000 | 2 |
| $2,100 | 1 |
| $5,000+ | 1 |
Average rent price over time
In the last year, rent has decreased by $5 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $1,250 | $1,300 |
| Feb | $1,350 | $1,300 |
| Mar | $1,300 | $1,300 |
| Apr | $1,300 | $1,295 |
| May | $1,212 | $1,321 |
| Jun | $1,212 | $1,321 |
| Jul | $1,321 | $1,295 |
| Aug | $1,321 | $1,321 |
| Sep | $1,321 | $1,300 |
| Oct | $1,295 | $1,300 |
| Nov | $1,300 | No data |
| Dec | $1,321 | No 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.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in 40203 is 40% lower than the national average.
$1,295
$2,150
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Frequently asked questions
1. What is the average rent in 40203?
The average rent in 40203 is $1,099.
2. What is the average rent for a studio apartment in 40203?
The average rent for a studio apartment in 40203 is $750 per month.
3. What is the average rent for a one-bedroom apartment in 40203?
The average rent for a one-bedroom apartment in 40203 is $900 per month.
4. What is the average rent for a two-bedroom apartment in 40203?
The average rent for a two-bedroom apartment in 40203 is $1,099 per month.
5. What is the average rent for a three-bedroom apartment in 40203?
The average rent for a three-bedroom apartment in 40203 is $1,295 per month.
6. What is the average rent for a four-bedroom apartment in 40203?
The average rent for a four-bedroom apartment in 40203 is $1,250 per month.
7. How much does it cost to rent a house in 40203?
Houses in 40203 rent between $675 - $7,000 with an average rent of $1,099.
8. How has the rent in 40203 changed in the last year?
In the last year, the rent in 40203 increased by $21
9. How much has the rent in 40203 increased/decreased in the last month?
In the last month, the rent in 40203 decreased by $1
10. How many available rentals are there in 40203?
There are currently 148 rentals available in 40203.
11. How do rent prices in 40203 compare with the national average?
The average rent in 40203 is $1,099 — Infinity% higher the national average of $0.