40508 rental market
Last updated August 23, 2025
Rental market summary
The average rent for 1 bedroom properties in 40508 is $950.
$950
+$50
+$125
14
Source: Zillow Rentals data
Rental price range
The price range for 1 bedroom properties is $795 to $1,675.
| Rent price | Number of rental properties |
|---|---|
| $700 | 1 |
| $800 | 4 |
| $900 | 6 |
| $1,100 | 2 |
| $1,200 | 2 |
| $1,300 | 1 |
| $1,600+ | 1 |
Average rent price over time
In the last year, rent has increased by $125 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $900 | $838 |
| Feb | $850 | $895 |
| Mar | $950 | $875 |
| Apr | $873 | $859 |
| May | $825 | $875 |
| Jun | $895 | $850 |
| Jul | $895 | $975 |
| Aug | $900 | $900 |
| Sep | $850 | No data |
| Oct | $870 | No data |
| Nov | $875 | No data |
| Dec | $875 | No data |
Market temperature
The 40508 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 40508 is 40% lower than the national average.
$950
$1,587
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Rent trends near 40508
Frequently asked questions
1. What is the average rent in 40508?
The average rent in 40508 is $1,513.
2. How much does it cost to rent a house in 40508?
Houses in 40508 rent between $695 - $4,950 with an average rent of $1,513.
3. How has the rent in 40508 changed in the last year?
In the last year, the rent in 40508 increased by $164
4. How much has the rent in 40508 increased/decreased in the last month?
In the last month, the rent in 40508 increased by $113
5. How many available rentals are there in 40508?
There are currently 69 rentals available in 40508.
6. How do rent prices in 40508 compare with the national average?
The average rent in 40508 is $1,513 — Infinity% higher the national average of $0.