40503 rental market
What is the average rent in 40503?
Last updated October 15, 2025
Rental market summary
The average rent for 3 bedroom properties in 40503 is $1,995.
$1,995
-$5
+$45
23
Source: Zillow Rentals data
Rental price range
The price range for 3 bedroom properties is $1,500 to $2,750.
| Rent price | Number of rental properties |
|---|---|
| $1,400 | 1 |
| $1,500 | 3 |
| $1,600 | 2 |
| $1,700 | 4 |
| $1,800 | 4 |
| $1,900 | 5 |
| $2,000 | 1 |
| $2,200 | 2 |
| $2,300 | 3 |
| $2,400 | 3 |
| $2,500 | 2 |
| $2,600 | 2 |
| $2,700+ | 2 |
Average rent price over time
In the last year, rent has increased by $45 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $1,800 | $2,200 |
| Feb | $2,000 | $2,058 |
| Mar | $2,100 | $2,250 |
| Apr | $1,935 | $2,120 |
| May | $2,000 | $2,250 |
| Jun | $1,650 | $2,300 |
| Jul | $1,800 | $2,250 |
| Aug | $2,100 | $2,125 |
| Sep | $2,320 | $2,000 |
| Oct | $1,995 | $1,995 |
| Nov | $2,030 | No data |
| Dec | $1,945 | No 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.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in 40503 is 8% lower than the national average.
$1,995
$2,175
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Frequently asked questions
1. What is the average rent in 40503?
The average rent in 40503 is $1,954.
2. What is the average rent for a studio apartment in 40503?
The average rent for a studio apartment in 40503 is $1,150 per month.
3. What is the average rent for a one-bedroom apartment in 40503?
The average rent for a one-bedroom apartment in 40503 is $1,229 per month.
4. What is the average rent for a two-bedroom apartment in 40503?
The average rent for a two-bedroom apartment in 40503 is $1,595 per month.
5. What is the average rent for a three-bedroom apartment in 40503?
The average rent for a three-bedroom apartment in 40503 is $1,995 per month.
6. What is the average rent for a four-bedroom apartment in 40503?
The average rent for a four-bedroom apartment in 40503 is $3,734 per month.
7. How much does it cost to rent a house in 40503?
Houses in 40503 rent between $550 - $5,000 with an average rent of $1,954.
8. How has the rent in 40503 changed in the last year?
In the last year, the rent in 40503 increased by $59
9. How much has the rent in 40503 increased/decreased in the last month?
In the last month, the rent in 40503 decreased by $41
10. How many available rentals are there in 40503?
There are currently 57 rentals available in 40503.
11. How do rent prices in 40503 compare with the national average?
The average rent in 40503 is $1,954 — Infinity% higher the national average of $0.