40207 rental market

What is the average rent in 40207?

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Last updated October 30, 2025

Rental market summary

The average rent for all bedrooms and all property types in 40207 is $2,411.

Average rent

$2,411

Month-over-month change

-$339

Year-over-year change

-$589

Available rentals

7

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $2,000 to $3,900.

Rent frequencies
Rent priceNumber of rental properties
$1,9001
$2,0001
$2,2001
$2,3001
$2,4002
$2,6001
$2,7001
$2,8001
$3,8001
$3,900+1

Average rent price over time

In the last year, rent has decreased by $589 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,800$2,400
Feb$2,795$2,400
Mar$2,250$3,200
Apr$2,695$3,100
May$2,195$2,600
Jun$2,695$3,400
Jul$2,700$3,300
Aug$2,750$3,300
Sep$2,500$3,000
Oct$2,890$2,750
Nov$3,000No data
Dec$2,400No 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 7% lower than the national average.

40207vs.

$2,411

$2,600

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Frequently asked questions

1. What is the average rent in 40207?

The average rent in 40207 is $1,695.

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

The average rent for a studio apartment in 40207 is $936 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 $933 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 $1,300 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 $2,004 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 $3,203 per month.

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

Houses in 40207 rent between $795 - $4,600 with an average rent of $1,695.

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

In the last year, the rent in 40207 decreased by $305

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

In the last month, the rent in 40207 decreased by $385

10. How many available rentals are there in 40207?

There are currently 55 rentals available in 40207.

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

The average rent in 40207 is $1,695 — Infinity% higher the national average of $0.