40503 rental market

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Last updated August 23, 2025

Rental market summary

The average rent for all bedrooms and all property types in 40503 is $1,995.

Average rent

$1,995

Month-over-month change

-$5

Year-over-year change

+$245

Available rentals

38

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $625 to $5,500.

Rent frequencies
Rent priceNumber of rental properties
$6001
$1,1002
$1,2001
$1,3004
$1,4004
$1,5003
$1,6001
$1,7002
$1,8003
$1,9007
$2,0005
$2,1003
$2,2001
$2,3004
$2,4001
$2,6002
$2,7001
$2,8001
$3,2001
$3,3002
$3,7001
$4,9001
$5,000+1

Average rent price over time

In the last year, rent has increased by $245 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,743$1,750
Feb$1,800$1,700
Mar$1,700$1,800
Apr$1,935$1,699
May$1,800$1,800
Jun$1,700$2,000
Jul$1,800$1,995
Aug$1,850$1,900
Sep$1,850No data
Oct$1,875No data
Nov$1,950No data
Dec$1,800No data

Market temperature

The 40503 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 40503 is 5% lower than the national average.

40503vs.

$1,995

$2,100

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Frequently asked questions

1. What is the average rent in 40503?

The average rent in 40503 is $1,995.

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

Houses in 40503 rent between $625 - $5,500 with an average rent of $1,995.

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

In the last year, the rent in 40503 increased by $245

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

In the last month, the rent in 40503 decreased by $5

5. How many available rentals are there in 40503?

There are currently 38 rentals available in 40503.

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

The average rent in 40503 is $1,995 — 5% lower the national average of $2,100.