40216 rental market

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Last updated August 20, 2025

Rental market summary

The average rent for 2 bedroom properties in 40216 is $995.

Average rent

$995

Month-over-month change

$0

Year-over-year change

+$45

Available rentals

38

Source: Zillow Rentals data

Rental price range

The price range for 2 bedroom properties is $795 to $1,400.

Rent frequencies
Rent priceNumber of rental properties
$7004
$8008
$90010
$1,0007
$1,1001
$1,2007
$1,3009
$1,400+1

Average rent price over time

In the last year, rent has increased by $45 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$895$925
Feb$900$925
Mar$950$925
Apr$899$950
May$995$960
Jun$1,050$995
Jul$989$950
Aug$950$995
Sep$950No data
Oct$958No data
Nov$925No data
Dec$921No 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 47% lower than the national average.

40216vs.

$995

$1,895

Rent in 40216

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Frequently asked questions

1. What is the average rent in 40216?

The average rent in 40216 is $1,077.

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

Houses in 40216 rent between $625 - $2,210 with an average rent of $1,077.

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

In the last year, the rent in 40216 increased by $27

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

In the last month, the rent in 40216 increased by $27

5. How many available rentals are there in 40216?

There are currently 94 rentals available in 40216.

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

The average rent in 40216 is $1,077 — Infinity% higher the national average of $0.