40507 rental market
Last updated August 31, 2025
Rental market summary
The average rent for 1 bedroom properties in 40507 is $1,507.
$1,507
+$157
-$457
4
Source: Zillow Rentals data
Rental price range
The price range for 1 bedroom properties is $1,000 to $1,900.
| Rent price | Number of rental properties |
|---|---|
| $900 | 1 |
| $1,000 | 1 |
| $1,500 | 2 |
| $1,800 | 1 |
| $1,900+ | 1 |
Average rent price over time
In the last year, rent has decreased by $457 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $1,395 | $1,250 |
| Feb | $1,375 | $1,300 |
| Mar | $1,195 | $1,300 |
| Apr | $1,250 | $1,350 |
| May | $1,050 | $1,300 |
| Jun | $1,600 | $1,245 |
| Jul | $1,589 | $1,400 |
| Aug | $1,200 | $1,350 |
| Sep | $1,968 | No data |
| Oct | $1,757 | No data |
| Nov | $1,363 | No data |
| Dec | $1,363 | No data |
Market temperature
The 40507 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 40507 is 5% lower than the national average.
$1,507
$1,580
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Frequently asked questions
1. What is the average rent in 40507?
The average rent in 40507 is $1,469.
2. How much does it cost to rent a house in 40507?
Houses in 40507 rent between $1,000 - $1,900 with an average rent of $1,469.
3. How has the rent in 40507 changed in the last year?
In the last year, the rent in 40507 decreased by $281
4. How much has the rent in 40507 increased/decreased in the last month?
In the last month, the rent in 40507 decreased by $331
5. How many available rentals are there in 40507?
There are currently 7 rentals available in 40507.
6. How do rent prices in 40507 compare with the national average?
The average rent in 40507 is $1,469 — Infinity% higher the national average of $0.