40505 rental market

What is the average rent in 40505?

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Last updated October 31, 2025

Rental market summary

The average rent for 3 bedroom properties in 40505 is $1,600.

Average rent

$1,600

Month-over-month change

-$100

Year-over-year change

-$150

Available rentals

16

Source: Zillow Rentals data

Rental price range

The price range for 3 bedroom properties is $1,295 to $2,200.

Rent frequencies
Rent priceNumber of rental properties
$1,2001
$1,3001
$1,4005
$1,5004
$1,6003
$1,7003
$1,8002
$1,9003
$2,0001
$2,1002
$2,200+1

Average rent price over time

In the last year, rent has decreased by $150 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$1,850$1,700
Oct$1,650$1,700
Nov$1,750No data
Dec$1,600No data

Market temperature

The 40505 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 40505 is 26% lower than the national average.

40505vs.

$1,600

$2,150

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Frequently asked questions

1. What is the average rent in 40505?

The average rent in 40505 is $1,200.

2. What is the average rent for a studio apartment in 40505?

The average rent for a studio apartment in 40505 is $622 per month.

3. What is the average rent for a one-bedroom apartment in 40505?

The average rent for a one-bedroom apartment in 40505 is $925 per month.

4. What is the average rent for a two-bedroom apartment in 40505?

The average rent for a two-bedroom apartment in 40505 is $1,143 per month.

5. What is the average rent for a three-bedroom apartment in 40505?

The average rent for a three-bedroom apartment in 40505 is $1,600 per month.

6. What is the average rent for a four-bedroom apartment in 40505?

The average rent for a four-bedroom apartment in 40505 is $2,596 per month.

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

Houses in 40505 rent between $675 - $3,196 with an average rent of $1,200.

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

In the last year, the rent in 40505 decreased by $100

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

In the last month, the rent in 40505 decreased by $175

10. How many available rentals are there in 40505?

There are currently 66 rentals available in 40505.

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

The average rent in 40505 is $1,200 — Infinity% higher the national average of $0.