40218 rental market

What is the average rent in 40218?

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Last updated October 30, 2025

Rental market summary

The average rent for 3 bedroom properties in 40218 is $1,565.

Average rent

$1,565

Month-over-month change

+$65

Year-over-year change

-$10

Available rentals

27

Source: Zillow Rentals data

Rental price range

The price range for 3 bedroom properties is $949 to $2,700.

Rent frequencies
Rent priceNumber of rental properties
$1,0001
$1,1002
$1,2001
$1,3006
$1,4005
$1,5006
$1,6004
$1,7005
$1,8003
$2,6001
$2,700+1

Average rent price over time

In the last year, rent has decreased by $10 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,795$1,605
Feb$1,450$1,500
Mar$1,389$1,450
Apr$1,500$1,500
May$1,495$1,482
Jun$1,500$1,500
Jul$1,550$1,610
Aug$1,594$1,625
Sep$1,595$1,600
Oct$1,550$1,605
Nov$1,565No data
Dec$1,550No data

Market temperature

The 40218 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 40218 is 27% lower than the national average.

40218vs.

$1,565

$2,150

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Frequently asked questions

1. What is the average rent in 40218?

The average rent in 40218 is $1,250.

2. What is the average rent for a studio apartment in 40218?

The average rent for a studio apartment in 40218 is $815 per month.

3. What is the average rent for a one-bedroom apartment in 40218?

The average rent for a one-bedroom apartment in 40218 is $940 per month.

4. What is the average rent for a two-bedroom apartment in 40218?

The average rent for a two-bedroom apartment in 40218 is $1,112 per month.

5. What is the average rent for a three-bedroom apartment in 40218?

The average rent for a three-bedroom apartment in 40218 is $1,565 per month.

6. What is the average rent for a four-bedroom apartment in 40218?

The average rent for a four-bedroom apartment in 40218 is $1,923 per month.

7. How much does it cost to rent a house in 40218?

Houses in 40218 rent between $715 - $2,700 with an average rent of $1,250.

8. How has the rent in 40218 changed in the last year?

In the last year, the rent in 40218 decreased by $19

9. How much has the rent in 40218 increased/decreased in the last month?

In the last month, the rent in 40218 increased by $40

10. How many available rentals are there in 40218?

There are currently 70 rentals available in 40218.

11. How do rent prices in 40218 compare with the national average?

The average rent in 40218 is $1,250 — Infinity% higher the national average of $0.