40503 rental market

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Last updated August 10, 2025

Rental market summary

The average rent for 2 bedroom properties in 40503 is $1,500.

Average rent

$1,500

Month-over-month change

+$157

Year-over-year change

+$61

Available rentals

13

Source: Zillow Rentals data

Rental price range

The price range for 2 bedroom properties is $900 to $2,813.

Rent frequencies
Rent priceNumber of rental properties
$8001
$9001
$1,1001
$1,2001
$1,3002
$1,4003
$1,5003
$1,6002
$1,7001
$1,8002
$2,100+1

Average rent price over time

In the last year, rent has increased by $61 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,450$1,381
Feb$1,450$1,384
Mar$1,315$1,500
Apr$1,500$1,495
May$1,450$1,575
Jun$1,500$1,650
Jul$1,500$1,495
Aug$1,299$1,500
Sep$1,350No data
Oct$1,470No data
Nov$1,366No data
Dec$1,422No 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 21% lower than the national average.

40503vs.

$1,500

$1,895

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Frequently asked questions

1. What is the average rent in 40503?

The average rent in 40503 is $1,900.

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

Houses in 40503 rent between $700 - $5,500 with an average rent of $1,900.

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

In the last year, the rent in 40503 increased by $200

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

In the last month, the rent in 40503 decreased by $95

5. How many available rentals are there in 40503?

There are currently 42 rentals available in 40503.

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

The average rent in 40503 is $1,900 — Infinity% higher the national average of $0.