40216 rental market

What is the average rent in 40216?

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Last updated February 10, 2026

Rental market summary

The average rent for all bedrooms and all property types in 40216 is $1,025.

Average rent

$1,025

Month-over-month change

+$100

Year-over-year change

+$30

Available rentals

107

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $625 to $2,200.

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Rent frequencies
Rent priceNumber of rental properties
$6005
$70020
$80018
$90016
$1,00011
$1,10015
$1,2007
$1,3005
$1,40010
$1,5006
$1,6007
$1,7007
$1,8004
$1,9001
$2,0001
$2,1005
$2,200+4

Average rent price over time

In the last year, rent has increased by $30 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,000$925
Feb$961$950
Mar$1,062No data
Apr$1,068No data
May$995No data
Jun$1,050No data
Jul$999No data
Aug$1,052No data
Sep$1,229No data
Oct$1,009No data
Nov$996No data
Dec$950No data

Market temperature

The 40216 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 40216 is 49% lower than the national average.

40216vs.

$1,025

$1,995

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Frequently asked questions

1. What is the average rent in 40216?

The average rent in 40216 is $1,025.

2. What is the average rent for a studio apartment in 40216?

The average rent for a studio apartment in 40216 is $625 per month.

3. What is the average rent for a one-bedroom apartment in 40216?

The average rent for a one-bedroom apartment in 40216 is $799 per month.

4. What is the average rent for a two-bedroom apartment in 40216?

The average rent for a two-bedroom apartment in 40216 is $1,012 per month.

5. What is the average rent for a three-bedroom apartment in 40216?

The average rent for a three-bedroom apartment in 40216 is $1,590 per month.

6. What is the average rent for a four-bedroom apartment in 40216?

The average rent for a four-bedroom apartment in 40216 is $1,800 per month.

7. How much does it cost to rent a house in 40216?

Houses in 40216 rent between $625 - $2,200 with an average rent of $1,025.

8. How has the rent in 40216 changed in the last year?

In the last year, the rent in 40216 increased by $30

9. How much has the rent in 40216 increased/decreased in the last month?

In the last month, the rent in 40216 increased by $100

10. How many available rentals are there in 40216?

There are currently 107 rentals available in 40216.

11. How do rent prices in 40216 compare with the national average?

The average rent in 40216 is $1,025 — 48.62% lower the national average of $1,995.