40508 rental market

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Last updated August 11, 2025

Rental market summary

The average rent for 2 bedroom properties in 40508 is $1,295.

Average rent

$1,295

Month-over-month change

-$100

Year-over-year change

-$130

Available rentals

28

Source: Zillow Rentals data

Rental price range

The price range for 2 bedroom properties is $850 to $3,600.

Rent frequencies
Rent priceNumber of rental properties
$8002
$9004
$1,0005
$1,1001
$1,2007
$1,3005
$1,4001
$1,5002
$1,6001
$1,7002
$1,8001
$1,9001
$2,0001
$2,1001
$2,4001
$3,5001
$3,600+1

Average rent price over time

In the last year, rent has decreased by $130 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,200$1,450
Feb$1,150$1,275
Mar$1,150$1,305
Apr$1,199$1,350
May$1,300$1,495
Jun$1,200$1,350
Jul$1,316$1,350
Aug$1,650$1,366
Sep$1,600No data
Oct$1,550No data
Nov$1,200No data
Dec$1,300No 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.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 40508 is 32% lower than the national average.

40508vs.

$1,295

$1,895

Rent in 40508

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Frequently asked questions

1. What is the average rent in 40508?

The average rent in 40508 is $1,300.

2. How much does it cost to rent a house in 40508?

Houses in 40508 rent between $695 - $3,600 with an average rent of $1,300.

3. How has the rent in 40508 changed in the last year?

In the last year, the rent in 40508 decreased by $108

4. How much has the rent in 40508 increased/decreased in the last month?

In the last month, the rent in 40508 decreased by $95

5. How many available rentals are there in 40508?

There are currently 60 rentals available in 40508.

6. How do rent prices in 40508 compare with the national average?

The average rent in 40508 is $1,300 — Infinity% higher the national average of $0.