40204 rental market

What is the average rent in 40204?

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Last updated October 30, 2025

Rental market summary

The average rent for 2 bedroom properties in 40204 is $1,550.

Average rent

$1,550

Month-over-month change

+$100

Year-over-year change

+$55

Available rentals

49

Source: Zillow Rentals data

Rental price range

The price range for 2 bedroom properties is $1,000 to $2,495.

Rent frequencies
Rent priceNumber of rental properties
$9001
$1,0003
$1,1005
$1,2007
$1,3009
$1,4006
$1,5009
$1,60013
$1,7006
$1,9001
$2,0002
$2,2001
$2,3001
$2,400+1

Average rent price over time

In the last year, rent has increased by $55 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,400$1,500
Feb$1,395$1,450
Mar$1,375$1,500
Apr$1,450$1,450
May$1,500$1,595
Jun$1,455$1,500
Jul$1,400$1,400
Aug$1,400$1,400
Sep$1,500$1,450
Oct$1,490$1,495
Nov$1,450No data
Dec$1,459No data

Market temperature

The 40204 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 40204 is 14% lower than the national average.

40204vs.

$1,550

$1,800

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Frequently asked questions

1. What is the average rent in 40204?

The average rent in 40204 is $1,350.

2. What is the average rent for a studio apartment in 40204?

The average rent for a studio apartment in 40204 is $950 per month.

3. What is the average rent for a one-bedroom apartment in 40204?

The average rent for a one-bedroom apartment in 40204 is $1,095 per month.

4. What is the average rent for a two-bedroom apartment in 40204?

The average rent for a two-bedroom apartment in 40204 is $1,550 per month.

5. What is the average rent for a three-bedroom apartment in 40204?

The average rent for a three-bedroom apartment in 40204 is $1,825 per month.

6. What is the average rent for a four-bedroom apartment in 40204?

The average rent for a four-bedroom apartment in 40204 is $2,750 per month.

7. How much does it cost to rent a house in 40204?

Houses in 40204 rent between $750 - $6,500 with an average rent of $1,350.

8. How has the rent in 40204 changed in the last year?

In the last year, the rent in 40204 decreased by $25

9. How much has the rent in 40204 increased/decreased in the last month?

In the last month, the rent in 40204 increased by $50

10. How many available rentals are there in 40204?

There are currently 126 rentals available in 40204.

11. How do rent prices in 40204 compare with the national average?

The average rent in 40204 is $1,350 — Infinity% higher the national average of $0.