40241 rental market

Choose another area

Last updated August 8, 2025

Rental market summary

The average rent for 1 bedroom properties in 40241 is $1,239.

Average rent

$1,239

Month-over-month change

-$21

Year-over-year change

-$82

Available rentals

12

Source: Zillow Rentals data

Rental price range

The price range for 1 bedroom properties is $825 to $2,750.

Rent frequencies
Rent priceNumber of rental properties
$8001
$9002
$1,0002
$1,1001
$1,2003
$1,3003
$1,400+2

Average rent price over time

In the last year, rent has decreased by $82 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,278$1,267
Feb$1,173$1,261
Mar$1,213$1,233
Apr$1,296$1,236
May$1,232$1,247
Jun$1,276$1,271
Jul$1,269$1,245
Aug$1,332$1,284
Sep$1,265No data
Oct$1,259No data
Nov$1,243No data
Dec$1,218No data

Market temperature

The 40241 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 40241 is 22% lower than the national average.

40241vs.

$1,239

$1,595

Rent in 40241

We created a seamless online experience for you - from shopping on the largest rental network, to applying, to paying rent.

Explore Rentals

Frequently asked questions

1. What is the average rent in 40241?

The average rent in 40241 is $1,750.

2. How much does it cost to rent a house in 40241?

Houses in 40241 rent between $825 - $8,000 with an average rent of $1,750.

3. How has the rent in 40241 changed in the last year?

In the last year, the rent in 40241 increased by $55

4. How much has the rent in 40241 increased/decreased in the last month?

In the last month, the rent in 40241 decreased by $85

5. How many available rentals are there in 40241?

There are currently 40 rentals available in 40241.

6. How do rent prices in 40241 compare with the national average?

The average rent in 40241 is $1,750 — Infinity% higher the national average of $0.