40245 rental market

Choose another area

Last updated August 6, 2025

Rental market summary

The average rent for 2 bedroom properties in 40245 is $1,578.

Average rent

$1,578

Month-over-month change

-$115

Year-over-year change

+$78

Available rentals

6

Source: Zillow Rentals data

Rental price range

The price range for 2 bedroom properties is $1,350 to $2,911.

Rent frequencies
Rent priceNumber of rental properties
$1,3001
$1,5002
$1,6001
$1,7001
$2,000+1

Average rent price over time

In the last year, rent has increased by $78 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,550$1,543
Feb$1,399$1,642
Mar$1,625$1,629
Apr$1,770$1,529
May$1,743$1,654
Jun$1,730$1,612
Jul$1,450$1,588
Aug$1,500$1,550
Sep$1,737No data
Oct$1,700No data
Nov$1,500No data
Dec$1,554No data

Market temperature

The 40245 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 40245 is 17% lower than the national average.

40245vs.

$1,578

$1,895

Rent in 40245

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 40245?

The average rent in 40245 is $2,546.

2. How much does it cost to rent a house in 40245?

Houses in 40245 rent between $1,238 - $4,700 with an average rent of $2,546.

3. How has the rent in 40245 changed in the last year?

In the last year, the rent in 40245 increased by $251

4. How much has the rent in 40245 increased/decreased in the last month?

In the last month, the rent in 40245 decreased by $124

5. How many available rentals are there in 40245?

There are currently 33 rentals available in 40245.

6. How do rent prices in 40245 compare with the national average?

The average rent in 40245 is $2,546 — Infinity% higher the national average of $0.