40243 rental market

What is the average rent in 40243?

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Last updated October 31, 2025

Rental market summary

The average rent for 1 bedroom properties in 40243 is $1,300.

Average rent

$1,300

Month-over-month change

+$50

Year-over-year change

+$162

Available rentals

4

Source: Zillow Rentals data

Rental price range

The price range for 1 bedroom properties is $1,096 to $1,365.

Rent frequencies
Rent priceNumber of rental properties
$1,0001
$1,2001
$1,300+3

Average rent price over time

In the last year, rent has increased by $162 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,077$1,360
Feb$1,114$1,350
Mar$1,100$1,373
Apr$1,295$1,385
May$1,075$1,161
Jun$1,184$1,096
Jul$1,147$1,250
Aug$1,098$1,250
Sep$1,136$1,250
Oct$1,196$1,250
Nov$1,138No data
Dec$1,388No data

Market temperature

The 40243 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 40243 is 14% lower than the national average.

40243vs.

$1,300

$1,512

Rent in 40243

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Frequently asked questions

1. What is the average rent in 40243?

The average rent in 40243 is $1,700.

2. What is the average rent for a one-bedroom apartment in 40243?

The average rent for a one-bedroom apartment in 40243 is $1,300 per month.

3. What is the average rent for a two-bedroom apartment in 40243?

The average rent for a two-bedroom apartment in 40243 is $1,587 per month.

4. What is the average rent for a three-bedroom apartment in 40243?

The average rent for a three-bedroom apartment in 40243 is $2,000 per month.

5. What is the average rent for a four-bedroom apartment in 40243?

The average rent for a four-bedroom apartment in 40243 is $2,100 per month.

6. How much does it cost to rent a house in 40243?

Houses in 40243 rent between $1,096 - $2,600 with an average rent of $1,700.

7. How has the rent in 40243 changed in the last year?

In the last year, the rent in 40243 increased by $205

8. How much has the rent in 40243 increased/decreased in the last month?

In the last month, the rent in 40243 did not change.

9. How many available rentals are there in 40243?

There are currently 16 rentals available in 40243.

10. How do rent prices in 40243 compare with the national average?

The average rent in 40243 is $1,700 — Infinity% higher the national average of $0.