40245 rental market

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Last updated August 21, 2025

Rental market summary

The average rent for all bedrooms and all property types in 40245 is $3,250.

Average rent

$3,250

Month-over-month change

+$300

Year-over-year change

+$155

Available rentals

2

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $3,250 to $4,700.

Rent frequencies
Rent priceNumber of rental properties
$3,2001
$4,6001
$4,700+1

Average rent price over time

In the last year, rent has increased by $155 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Feb$5,000$3,325
Mar$2,800$2,700
Apr$3,300$2,300
May$5,000$2,795
Jun$3,500$4,495
Jul$3,799$3,350
Aug$3,588$3,525
Sep$3,548$3,213
Oct$3,375No data
Nov$3,518No data
Dec$3,350No 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 47% lower than the national average.

40245vs.

$3,250

$6,101

Rent in 40245

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Frequently asked questions

1. What is the average rent in 40245?

The average rent in 40245 is $2,695.

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

Houses in 40245 rent between $1,195 - $4,700 with an average rent of $2,695.

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

In the last year, the rent in 40245 increased by $395

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

In the last month, the rent in 40245 increased by $60

5. How many available rentals are there in 40245?

There are currently 34 rentals available in 40245.

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

The average rent in 40245 is $2,695 — Infinity% higher the national average of $0.