40216 rental market
Last updated August 28, 2025
Rental market summary
The average rent for all bedrooms and all property types in 40216 is $1,776.
$1,776
-$24
+$131
3
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $1,750 to $1,800.
| Rent price | Number of rental properties |
|---|---|
| $1,700 | 3 |
| $1,800+ | 1 |
Average rent price over time
In the last year, rent has increased by $131 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $1,875 | $1,621 |
| Feb | $1,800 | $1,599 |
| Mar | $1,775 | $1,550 |
| Apr | $1,700 | $1,579 |
| May | $1,700 | $1,695 |
| Jun | $1,799 | $1,670 |
| Jul | $1,799 | $1,670 |
| Aug | $1,692 | $1,835 |
| Sep | $1,580 | No data |
| Oct | $1,410 | No data |
| Nov | $1,580 | No data |
| Dec | $1,637 | No 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.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in 40216 is 34% lower than the national average.
$1,776
$2,700
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Rent trends near 40216
Frequently asked questions
1. What is the average rent in 40216?
The average rent in 40216 is $1,050.
2. How much does it cost to rent a house in 40216?
Houses in 40216 rent between $375 - $1,905 with an average rent of $1,050.
3. How has the rent in 40216 changed in the last year?
In the last year, the rent in 40216 decreased by $29
4. How much has the rent in 40216 increased/decreased in the last month?
In the last month, the rent in 40216 decreased by $27
5. How many available rentals are there in 40216?
There are currently 98 rentals available in 40216.
6. How do rent prices in 40216 compare with the national average?
The average rent in 40216 is $1,050 — Infinity% higher the national average of $0.