40207 rental market

What is the average rent in 40207?

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Last updated August 27, 2026

Rental market summary

The average rent for all bedrooms and all property types in 40207 is $1,995.

Average rent

$1,995

Month-over-month change

+$245

Year-over-year change

-$280

Available rentals

56

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $895 to $4,000.

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Rent frequencies
Rent priceNumber of rental properties
$8004
$9004
$1,0003
$1,1005
$1,2003
$1,3005
$1,4005
$1,5001
$1,6001
$1,7001
$1,8001
$1,9002
$2,2006
$2,3005
$2,4006
$2,5008
$2,6006
$2,7002
$2,8001
$2,9002
$3,0002
$3,1002
$3,2001
$3,3001
$3,4001
$3,6001
$3,9001
$4,000+1

Average rent price over time

In the last year, rent has decreased by $280 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,995$1,800
Feb$1,925$1,975
Mar$1,800$1,799
Apr$1,800$1,850
May$1,920$1,799
Jun$2,584$2,000
Jul$2,100$1,505
Aug$2,200$1,800
Sep$2,275No data
Oct$1,999No data
Nov$1,695No data
Dec$1,800No data

Market temperature

The 40207 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 40207 is 0.25% lower than the national average.

40207vs.

$1,995

$2,000

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Frequently asked questions

1. What is the average rent in 40207?

The average rent in 40207 is $1,995.

2. What is the average rent for a studio apartment in 40207?

The average rent for a studio apartment in 40207 is $958 per month.

3. What is the average rent for a one-bedroom apartment in 40207?

The average rent for a one-bedroom apartment in 40207 is $1,049 per month.

4. What is the average rent for a two-bedroom apartment in 40207?

The average rent for a two-bedroom apartment in 40207 is $1,416 per month.

5. What is the average rent for a three-bedroom apartment in 40207?

The average rent for a three-bedroom apartment in 40207 is $2,500 per month.

6. What is the average rent for a four-bedroom apartment in 40207?

The average rent for a four-bedroom apartment in 40207 is $2,500 per month.

7. How much does it cost to rent a house in 40207?

Houses in 40207 rent between $895 - $4,000 with an average rent of $1,995.

8. How has the rent in 40207 changed in the last year?

In the last year, the rent in 40207 decreased by $280

9. How much has the rent in 40207 increased/decreased in the last month?

In the last month, the rent in 40207 increased by $245

10. How many available rentals are there in 40207?

There are currently 56 rentals available in 40207.

11. How do rent prices in 40207 compare with the national average?

The average rent in 40207 is $1,995 — less than 1% lower the national average of $2,000.

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