40311 rental market
Last updated August 23, 2025
Rental market summary
The average rent for 1 bedroom properties in 40311 is $695.
$695
+$695
+$145
2
Source: Zillow Rentals data
Rental price range
The price range for 1 bedroom properties is $695 to $750.
| Rent price | Number of rental properties |
|---|---|
| $600 | 1 |
| $700+ | 1 |
Average rent price over time
In the last year, rent has increased by $145 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $650 | $625 |
| Apr | $750 | $625 |
| May | $750 | $750 |
| Jun | $716 | $550 |
| Jul | $550 | $550 |
| Aug | $550 | $550 |
| Oct | $625 | $775 |
| Nov | $950 | $695 |
| Dec | $896 | No data |
Market temperature
The 40311 rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in 40311 is 56% lower than the national average.
$695
$1,587
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Frequently asked questions
1. What is the average rent in 40311?
The average rent in 40311 is $775.
2. How much does it cost to rent a house in 40311?
Houses in 40311 rent between $695 - $2,250 with an average rent of $775.
3. How has the rent in 40311 changed in the last year?
In the last year, the rent in 40311 increased by $225
4. How much has the rent in 40311 increased/decreased in the last month?
In the last month, the rent in 40311 did not change.
5. How many available rentals are there in 40311?
There are currently 5 rentals available in 40311.
6. How do rent prices in 40311 compare with the national average?
The average rent in 40311 is $775 — Infinity% higher the national average of $0.