40403 rental market

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Last updated August 30, 2025

Rental market summary

The average rent for 2 bedroom properties in 40403 is $950.

Average rent

$950

Month-over-month change

+$25

Year-over-year change

+$950

Available rentals

12

Source: Zillow Rentals data

Rental price range

The price range for 2 bedroom properties is $795 to $1,395.

Rent frequencies
Rent priceNumber of rental properties
$7001
$8001
$9008
$1,0001
$1,2001
$1,300+1

Average rent price over time

In the last year, rent has increased by $950 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$775$895
Feb$775$875
May$800$925
Jun$875$975
Jul$875$945
Nov$850$1,000
Dec$950$995

Market temperature

The 40403 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 40403 is 49% lower than the national average.

40403vs.

$950

$1,875

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Frequently asked questions

1. What is the average rent in 40403?

The average rent in 40403 is $1,295.

2. How much does it cost to rent a house in 40403?

Houses in 40403 rent between $795 - $2,700 with an average rent of $1,295.

3. How has the rent in 40403 changed in the last year?

In the last year, the rent in 40403 did not change.

4. How much has the rent in 40403 increased/decreased in the last month?

In the last month, the rent in 40403 increased by $205

5. How many available rentals are there in 40403?

There are currently 22 rentals available in 40403.

6. How do rent prices in 40403 compare with the national average?

The average rent in 40403 is $1,295 — Infinity% higher the national average of $0.