40509 rental market

What is the average rent in 40509?

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Last updated August 29, 2026

Rental market summary

The average rent for all bedrooms and all property types in 40509 is $1,795.

Average rent

$1,795

Month-over-month change

+$76

Year-over-year change

+$64

Available rentals

95

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $785 to $6,000.

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Rent frequencies
Rent priceNumber of rental properties
$8002
$9002
$1,0004
$1,1007
$1,2005
$1,3006
$1,4005
$1,5008
$1,6009
$1,7008
$1,8007
$1,9005
$2,0002
$2,1004
$2,2005
$2,3003
$2,4002
$2,5003
$2,6003
$2,7002
$2,9002
$3,0001
$3,1001
$3,2004
$3,3002
$3,4003
$3,5003
$3,6001
$3,9001
$4,0001
$4,5001
$4,6001
$5,000+2

Average rent price over time

In the last year, rent has increased by $64 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,730$1,780
Feb$1,775$1,834
Mar$1,800$1,795
Apr$1,689$1,825
May$1,728$1,700
Jun$1,829$1,693
Jul$1,815$1,750
Aug$1,950$1,747
Sep$1,731No data
Oct$1,795No data
Nov$1,775No data
Dec$1,849No data

Market temperature

The 40509 rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 40509 is 10% lower than the national average.

40509vs.

$1,795

$2,000

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Frequently asked questions

1. What is the average rent in 40509?

The average rent in 40509 is $1,795.

2. What is the average rent for a studio apartment in 40509?

The average rent for a studio apartment in 40509 is $1,336 per month.

3. What is the average rent for a one-bedroom apartment in 40509?

The average rent for a one-bedroom apartment in 40509 is $1,411 per month.

4. What is the average rent for a two-bedroom apartment in 40509?

The average rent for a two-bedroom apartment in 40509 is $1,573 per month.

5. What is the average rent for a three-bedroom apartment in 40509?

The average rent for a three-bedroom apartment in 40509 is $1,895 per month.

6. What is the average rent for a four-bedroom apartment in 40509?

The average rent for a four-bedroom apartment in 40509 is $3,250 per month.

7. How much does it cost to rent a house in 40509?

Houses in 40509 rent between $785 - $6,000 with an average rent of $1,795.

8. How has the rent in 40509 changed in the last year?

In the last year, the rent in 40509 increased by $64

9. How much has the rent in 40509 increased/decreased in the last month?

In the last month, the rent in 40509 increased by $76

10. How many available rentals are there in 40509?

There are currently 95 rentals available in 40509.

11. How do rent prices in 40509 compare with the national average?

The average rent in 40509 is $1,795 — 10.25% lower the national average of $2,000.

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