40229 rental market

What is the average rent in 40229?

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Last updated October 25, 2025

Rental market summary

The average rent for all bedrooms and all property types in 40229 is $2,650.

Average rent

$2,650

Month-over-month change

+$2,650

Year-over-year change

+$550

Available rentals

1

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $2,650 to $2,650.

Rent frequencies
Rent priceNumber of rental properties
$2,600+1

Average rent price over time

In the last year, rent has increased by $550 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,850$1,899
Feb$2,000$2,950
Mar$2,000$1,699
Apr$2,000No data
Jul$1,700No data
Aug$2,690No data
Sep$2,195No data
Nov$2,100No data
Dec$1,899No data

Market temperature

The 40229 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.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 40229 is 65% lower than the national average.

40229vs.

$2,650

$7,620

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Frequently asked questions

1. What is the average rent in 40229?

The average rent in 40229 is $1,750.

2. What is the average rent for a studio apartment in 40229?

The average rent for a studio apartment in 40229 is $750 per month.

3. 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.

4. What is the average rent for a two-bedroom apartment in 40229?

The average rent for a two-bedroom apartment in 40229 is $1,300 per month.

5. What is the average rent for a three-bedroom apartment in 40229?

The average rent for a three-bedroom apartment in 40229 is $1,810 per month.

6. What is the average rent for a four-bedroom apartment in 40229?

The average rent for a four-bedroom apartment in 40229 is $2,280 per month.

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

Houses in 40229 rent between $949 - $2,750 with an average rent of $1,750.

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

In the last year, the rent in 40229 increased by $250

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

In the last month, the rent in 40229 increased by $270

10. How many available rentals are there in 40229?

There are currently 48 rentals available in 40229.

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

The average rent in 40229 is $1,750 — Infinity% higher the national average of $0.