40203 rental market

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Last updated August 25, 2025

Rental market summary

The average rent for all bedrooms and all property types in 40203 is $1,831.

Average rent

$1,831

Month-over-month change

+$631

Year-over-year change

+$1,831

Available rentals

4

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,200 to $3,500.

Rent frequencies
Rent priceNumber of rental properties
$1,1001
$1,2001
$1,8001
$2,4001
$3,4001
$3,500+1

Average rent price over time

In the last year, rent has increased by $1,831 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Feb$3,225$2,300
Mar$4,500$1,850
Apr$4,500$1,850
Jul$1,495$1,850
Oct$2,200$1,850

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 73% lower than the national average.

40203vs.

$1,831

$6,669

Rent in 40203

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Rent trends near 40203

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 - $5,630 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 $50

5. How many available rentals are there in 40203?

There are currently 139 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.