40229 rental market

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Last updated August 21, 2025

Rental market summary

The average rent for all bedrooms and all property types in 40229 is $2,580.

Average rent

$2,580

Month-over-month change

+$125

Year-over-year change

+$580

Available rentals

11

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,550 to $2,895.

Rent frequencies
Rent priceNumber of rental properties
$1,5001
$1,7001
$1,8001
$2,2001
$2,4001
$2,5005
$2,6002
$2,7002
$2,800+1

Average rent price over time

In the last year, rent has increased by $580 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,095$2,300
Feb$2,045$2,200
Mar$2,045$2,200
Apr$2,110$2,260
May$2,110$2,004
Jun$2,000$2,280
Jul$2,035$2,410
Aug$1,900$2,510
Sep$2,325No data
Oct$2,261No data
Nov$1,975No data
Dec$2,280No 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.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 40229 is 4% lower than the national average.

40229vs.

$2,580

$2,700

Rent in 40229

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Frequently asked questions

1. What is the average rent in 40229?

The average rent in 40229 is $1,850.

2. How much does it cost to rent a house in 40229?

Houses in 40229 rent between $750 - $2,895 with an average rent of $1,850.

3. How has the rent in 40229 changed in the last year?

In the last year, the rent in 40229 increased by $370

4. How much has the rent in 40229 increased/decreased in the last month?

In the last month, the rent in 40229 increased by $200

5. How many available rentals are there in 40229?

There are currently 46 rentals available in 40229.

6. How do rent prices in 40229 compare with the national average?

The average rent in 40229 is $1,850 — Infinity% higher the national average of $0.