40503 rental market

What is the average rent in 40503?

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Last updated August 16, 2026

Rental market summary

The average rent for all bedrooms and all property types in 40503 is $1,825.

Average rent

$1,825

Month-over-month change

-$70

Year-over-year change

-$75

Available rentals

60

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,000 to $5,100.

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Rent frequencies
Rent priceNumber of rental properties
$9001
$1,0001
$1,1004
$1,2003
$1,3006
$1,4005
$1,5004
$1,6002
$1,7009
$1,8009
$1,9006
$2,0007
$2,1006
$2,2003
$2,3003
$2,4002
$2,5003
$2,6002
$2,7002
$2,8001
$3,1001
$3,2001
$3,4001
$3,5001
$5,000+1

Average rent price over time

In the last year, rent has decreased by $75 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,750$1,800
Feb$1,700$1,800
Mar$1,800$1,800
Apr$1,699$1,800
May$1,800$2,000
Jun$2,000$2,150
Jul$1,995$1,947
Aug$1,900$1,870
Sep$1,995No data
Oct$1,800No data
Nov$1,800No data
Dec$1,800No data

Market temperature

The 40503 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 40503 is 9% lower than the national average.

40503vs.

$1,825

$2,000

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Frequently asked questions

1. What is the average rent in 40503?

The average rent in 40503 is $1,825.

2. What is the average rent for a one-bedroom apartment in 40503?

The average rent for a one-bedroom apartment in 40503 is $1,180 per month.

3. What is the average rent for a two-bedroom apartment in 40503?

The average rent for a two-bedroom apartment in 40503 is $1,495 per month.

4. What is the average rent for a three-bedroom apartment in 40503?

The average rent for a three-bedroom apartment in 40503 is $1,950 per month.

5. What is the average rent for a four-bedroom apartment in 40503?

The average rent for a four-bedroom apartment in 40503 is $3,633 per month.

6. How much does it cost to rent a house in 40503?

Houses in 40503 rent between $1,000 - $5,100 with an average rent of $1,825.

7. How has the rent in 40503 changed in the last year?

In the last year, the rent in 40503 decreased by $75

8. How much has the rent in 40503 increased/decreased in the last month?

In the last month, the rent in 40503 decreased by $70

9. How many available rentals are there in 40503?

There are currently 60 rentals available in 40503.

10. How do rent prices in 40503 compare with the national average?

The average rent in 40503 is $1,825 — 8.75% lower the national average of $2,000.

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