40507 rental market
Last updated August 6, 2025
Rental market summary
The average rent for 2 bedroom properties in 40507 is $1,995.
$1,995
+$170
+$245
4
Source: Zillow Rentals data
Rental price range
The price range for 2 bedroom properties is $1,300 to $2,395.
| Rent price | Number of rental properties |
|---|---|
| $1,500 | 1 |
| $1,900 | 1 |
| $2,100 | 1 |
| $2,300+ | 1 |
Average rent price over time
In the last year, rent has increased by $245 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $1,500 | $1,750 |
| Feb | $1,737 | $1,779 |
| Mar | $1,695 | $2,200 |
| Apr | $1,500 | $1,600 |
| May | $1,500 | $1,711 |
| Jun | $1,500 | $2,000 |
| Jul | $1,596 | $1,825 |
| Aug | $1,750 | $1,950 |
| Sep | $1,750 | No data |
| Oct | $1,800 | No data |
| Nov | $1,800 | No data |
| Dec | $1,750 | 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% higher than the national average.
$1,995
$1,895
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Frequently asked questions
1. What is the average rent in 40507?
The average rent in 40507 is $1,800.
2. How much does it cost to rent a house in 40507?
Houses in 40507 rent between $1,000 - $2,395 with an average rent of $1,800.
3. How has the rent in 40507 changed in the last year?
In the last year, the rent in 40507 increased by $125
4. How much has the rent in 40507 increased/decreased in the last month?
In the last month, the rent in 40507 increased by $309
5. How many available rentals are there in 40507?
There are currently 9 rentals available in 40507.
6. How do rent prices in 40507 compare with the national average?
The average rent in 40507 is $1,800 — Infinity% higher the national average of $0.