40217 rental market

What is the average rent in 40217?

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Last updated October 31, 2025

Rental market summary

The average rent for all bedrooms and all property types in 40217 is $1,500.

Average rent

$1,500

Month-over-month change

+$50

Year-over-year change

-$190

Available rentals

63

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $500 to $3,500.

Rent frequencies
Rent priceNumber of rental properties
$5002
$6002
$8004
$9009
$1,0003
$1,1003
$1,2003
$1,3007
$1,4007
$1,5006
$1,6005
$1,70010
$1,8007
$1,9005
$2,0004
$2,1004
$2,4001
$2,6001
$2,9001
$3,4002
$3,500+2

Average rent price over time

In the last year, rent has decreased by $190 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,600$1,500
Feb$1,550$1,600
Mar$1,575$1,792
Apr$1,800$1,725
May$1,850$1,450
Jun$1,875$1,500
Jul$1,800$1,475
Aug$1,800$1,375
Sep$1,641$1,375
Oct$1,600$1,450
Nov$1,690No data
Dec$1,600No data

Market temperature

The 40217 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.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 40217 is 25% lower than the national average.

40217vs.

$1,500

$2,000

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Frequently asked questions

1. What is the average rent in 40217?

The average rent in 40217 is $1,500.

2. What is the average rent for a studio apartment in 40217?

The average rent for a studio apartment in 40217 is $500 per month.

3. What is the average rent for a one-bedroom apartment in 40217?

The average rent for a one-bedroom apartment in 40217 is $912 per month.

4. What is the average rent for a two-bedroom apartment in 40217?

The average rent for a two-bedroom apartment in 40217 is $1,395 per month.

5. What is the average rent for a three-bedroom apartment in 40217?

The average rent for a three-bedroom apartment in 40217 is $1,750 per month.

6. What is the average rent for a four-bedroom apartment in 40217?

The average rent for a four-bedroom apartment in 40217 is $2,325 per month.

7. How much does it cost to rent a house in 40217?

Houses in 40217 rent between $500 - $3,500 with an average rent of $1,500.

8. How has the rent in 40217 changed in the last year?

In the last year, the rent in 40217 decreased by $190

9. How much has the rent in 40217 increased/decreased in the last month?

In the last month, the rent in 40217 increased by $50

10. How many available rentals are there in 40217?

There are currently 63 rentals available in 40217.

11. How do rent prices in 40217 compare with the national average?

The average rent in 40217 is $1,500 — 25% lower the national average of $2,000.