40229 rental market
What is the average rent in 40229?
Last updated October 30, 2025
Rental market summary
The average rent for 2 bedroom properties in 40229 is $1,365.
$1,365
+$15
$0
13
Source: Zillow Rentals data
Rental price range
The price range for 2 bedroom properties is $1,029 to $1,550.
| Rent price | Number of rental properties |
|---|---|
| $1,000 | 2 |
| $1,100 | 1 |
| $1,200 | 1 |
| $1,300 | 5 |
| $1,400 | 4 |
| $1,500+ | 1 |
Average rent price over time
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $1,300 | $1,360 |
| Feb | $1,150 | $1,386 |
| Mar | $1,474 | $1,200 |
| Apr | $1,399 | $1,365 |
| May | $1,404 | $1,250 |
| Jun | $1,385 | $1,320 |
| Jul | $1,365 | $1,250 |
| Aug | $1,442 | $1,275 |
| Sep | $1,414 | $1,200 |
| Oct | $1,365 | $1,324 |
| Nov | $1,365 | No data |
| Dec | $1,377 | No data |
Market temperature
The 40229 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 40229 is 24% lower than the national average.
$1,365
$1,800
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Frequently asked questions
1. What is the average rent in 40229?
The average rent in 40229 is $1,650.
2. What is the average rent for a one-bedroom apartment in 40229?
The average rent for a one-bedroom apartment in 40229 is $961 per month.
3. What is the average rent for a two-bedroom apartment in 40229?
The average rent for a two-bedroom apartment in 40229 is $1,365 per month.
4. What is the average rent for a three-bedroom apartment in 40229?
The average rent for a three-bedroom apartment in 40229 is $1,765 per month.
5. What is the average rent for a four-bedroom apartment in 40229?
The average rent for a four-bedroom apartment in 40229 is $2,243 per month.
6. How much does it cost to rent a house in 40229?
Houses in 40229 rent between $949 - $2,750 with an average rent of $1,650.
7. How has the rent in 40229 changed in the last year?
In the last year, the rent in 40229 increased by $55
8. How much has the rent in 40229 increased/decreased in the last month?
In the last month, the rent in 40229 increased by $155
9. How many available rentals are there in 40229?
There are currently 52 rentals available in 40229.
10. How do rent prices in 40229 compare with the national average?
The average rent in 40229 is $1,650 — Infinity% higher the national average of $0.