40245 rental market

Choose another area

Last updated August 31, 2025

Rental market summary

The average rent for 3 bedroom properties in 40245 is $2,550.

Average rent

$2,550

Month-over-month change

+$250

Year-over-year change

+$450

Available rentals

19

Source: Zillow Rentals data

Rental price range

The price range for 3 bedroom properties is $1,450 to $4,117.

Rent frequencies
Rent priceNumber of rental properties
$1,4002
$1,5001
$1,9001
$2,0001
$2,1002
$2,2003
$2,3001
$2,4001
$2,5002
$2,6001
$2,7003
$2,8002
$2,9002
$3,0003
$3,300+1

Average rent price over time

In the last year, rent has increased by $450 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,000$2,199
Feb$2,190$2,170
Mar$2,205$2,230
Apr$2,150$2,095
May$2,195$2,495
Jun$2,208$2,300
Jul$2,295$2,400
Aug$2,195$2,300
Sep$2,100No data
Oct$2,199No data
Nov$2,199No data
Dec$2,074No data

Market temperature

The 40245 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 40245 is 16% higher than the national average.

40245vs.

$2,550

$2,200

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 $2,750.

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

Houses in 40245 rent between $1,195 - $4,500 with an average rent of $2,750.

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

In the last year, the rent in 40245 increased by $450

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

In the last month, the rent in 40245 increased by $150

5. How many available rentals are there in 40245?

There are currently 41 rentals available in 40245.

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

The average rent in 40245 is $2,750 — Infinity% higher the national average of $0.