40347 rental market
Last updated August 13, 2025
Rental market summary
The average rent for all bedrooms and all property types in 40347 is $2,500.
$2,500
-$100
+$2,500
1
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $2,500 to $2,500.
| Rent price | Number of rental properties |
|---|---|
| $2,400 | 1 |
| $2,500+ | 1 |
Average rent price over time
In the last year, rent has increased by $2,500 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $2,600 | $2,700 |
| Mar | $4,850 | $2,700 |
| Apr | $2,600 | $2,650 |
| May | $2,520 | $2,700 |
| Dec | $2,495 | $2,700 |
Market temperature
The 40347 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 40347 is 7% lower than the national average.
$2,500
$2,700
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Frequently asked questions
1. What is the average rent in 40347?
The average rent in 40347 is $1,950.
2. How much does it cost to rent a house in 40347?
Houses in 40347 rent between $1,100 - $2,500 with an average rent of $1,950.
3. How has the rent in 40347 changed in the last year?
In the last year, the rent in 40347 increased by $500
4. How much has the rent in 40347 increased/decreased in the last month?
In the last month, the rent in 40347 decreased by $545
5. How many available rentals are there in 40347?
There are currently 3 rentals available in 40347.
6. How do rent prices in 40347 compare with the national average?
The average rent in 40347 is $1,950 — Infinity% higher the national average of $0.