40311 rental market
Last updated August 20, 2025
Rental market summary
The average rent for 3 bedroom properties in 40311 is $1,486.
$1,486
+$141
+$1,486
1
Source: Zillow Rentals data
Rental price range
The price range for 3 bedroom properties is $1,425 to $1,425.
| Rent price | Number of rental properties |
|---|---|
| $1,400+ | 1 |
Average rent price over time
In the last year, rent has increased by $1,486 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Mar | $1,095 | $1,150 |
| Jun | $1,295 | $1,300 |
| Jul | $1,250 | $1,300 |
| Aug | $1,125 | No data |
| Nov | $1,260 | No data |
| Dec | $1,195 | 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 33% lower than the national average.
$1,486
$2,206
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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.