40505 rental market

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Last updated August 25, 2025

Rental market summary

The average rent for 3 bedroom properties in 40505 is $1,550.

Average rent

$1,550

Month-over-month change

-$138

Year-over-year change

-$300

Available rentals

22

Source: Zillow Rentals data

Rental price range

The price range for 3 bedroom properties is $1,195 to $2,295.

Rent frequencies
Rent priceNumber of rental properties
$1,1001
$1,2001
$1,3003
$1,4005
$1,5005
$1,6001
$1,7003
$1,8002
$1,9003
$2,0001
$2,1002
$2,200+2

Average rent price over time

In the last year, rent has decreased by $300 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,450$1,600
Feb$1,500$1,599
Mar$1,450$1,600
Apr$1,500$1,600
May$1,455$1,680
Jun$1,400$1,701
Jul$1,500$1,650
Aug$1,650$1,669
Sep$1,850No data
Oct$1,650No data
Nov$1,750No data
Dec$1,600No data

Market temperature

The 40505 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 40505 is 30% lower than the national average.

40505vs.

$1,550

$2,200

Rent in 40505

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Frequently asked questions

1. What is the average rent in 40505?

The average rent in 40505 is $1,500.

2. How much does it cost to rent a house in 40505?

Houses in 40505 rent between $675 - $3,000 with an average rent of $1,500.

3. How has the rent in 40505 changed in the last year?

In the last year, the rent in 40505 increased by $205

4. How much has the rent in 40505 increased/decreased in the last month?

In the last month, the rent in 40505 increased by $250

5. How many available rentals are there in 40505?

There are currently 65 rentals available in 40505.

6. How do rent prices in 40505 compare with the national average?

The average rent in 40505 is $1,500 — Infinity% higher the national average of $0.