40203 rental market

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Last updated August 17, 2025

Rental market summary

The average rent for 3 bedroom properties in 40203 is $1,295.

Average rent

$1,295

Month-over-month change

-$27

Year-over-year change

-$133

Available rentals

39

Source: Zillow Rentals data

Rental price range

The price range for 3 bedroom properties is $848 to $5,530.

Rent frequencies
Rent priceNumber of rental properties
$8003
$9001
$1,0005
$1,1009
$1,20012
$1,3005
$1,4001
$1,5004
$1,6004
$1,7005
$1,8001
$1,9002
$2,0001
$5,000+1

Average rent price over time

In the last year, rent has decreased by $133 compared to the previous year.

Average rent price over time
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$1,321No data
Oct$1,295No data
Nov$1,300No data
Dec$1,321No 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 42% lower than the national average.

40203vs.

$1,295

$2,225

Rent in 40203

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Frequently asked questions

1. What is the average rent in 40203?

The average rent in 40203 is $1,050.

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

Houses in 40203 rent between $600 - $5,530 with an average rent of $1,050.

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

In the last year, the rent in 40203 did not change.

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

In the last month, the rent in 40203 decreased by $45

5. How many available rentals are there in 40203?

There are currently 144 rentals available in 40203.

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

The average rent in 40203 is $1,050 — Infinity% higher the national average of $0.