40216 rental market
What is the average rent in 40216?
Last updated October 30, 2025
Rental market summary
The average rent for 3 bedroom properties in 40216 is $1,495.
$1,495
+$45
-$24
37
Source: Zillow Rentals data
Rental price range
The price range for 3 bedroom properties is $895 to $2,155.
| Rent price | Number of rental properties |
|---|---|
| $800 | 3 |
| $1,000 | 1 |
| $1,100 | 2 |
| $1,200 | 4 |
| $1,300 | 7 |
| $1,400 | 8 |
| $1,500 | 3 |
| $1,600 | 5 |
| $1,700 | 6 |
| $1,800 | 6 |
| $1,900 | 1 |
| $2,000 | 2 |
| $2,100+ | 1 |
Average rent price over time
In the last year, rent has decreased by $24 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $1,400 | $1,550 |
| Feb | $1,496 | $1,475 |
| Mar | $1,450 | $1,500 |
| Apr | $1,600 | $1,500 |
| May | $1,550 | $1,525 |
| Jun | $1,460 | $1,600 |
| Jul | $1,495 | $1,560 |
| Aug | $1,505 | $1,500 |
| Sep | $1,510 | $1,500 |
| Oct | $1,550 | $1,495 |
| Nov | $1,519 | No data |
| Dec | $1,500 | No data |
Market temperature
The 40216 rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in 40216 is 30% lower than the national average.
$1,495
$2,150
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Frequently asked questions
1. What is the average rent in 40216?
The average rent in 40216 is $995.
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 $825 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 $950 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 $1,495 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 $1,825 per month.
7. How much does it cost to rent a house in 40216?
Houses in 40216 rent between $625 - $2,155 with an average rent of $995.
8. How has the rent in 40216 changed in the last year?
In the last year, the rent in 40216 decreased by $129
9. How much has the rent in 40216 increased/decreased in the last month?
In the last month, the rent in 40216 decreased by $30
10. How many available rentals are there in 40216?
There are currently 109 rentals available in 40216.
11. How do rent prices in 40216 compare with the national average?
The average rent in 40216 is $995 — Infinity% higher the national average of $0.