40509 rental market

What is the average rent in 40509?

Choose another area

Last updated October 31, 2025

Rental market summary

The average rent for all bedrooms and all property types in 40509 is $3,250.

Average rent

$3,250

Month-over-month change

+$411

Year-over-year change

+$850

Available rentals

5

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $2,345 to $6,000.

Rent frequencies
Rent priceNumber of rental properties
$2,3001
$3,0001
$3,1001
$3,2001
$3,4001
$5,000+1

Average rent price over time

In the last year, rent has increased by $850 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$3,725$2,400
Feb$4,750$2,900
Mar$2,950$3,450
Apr$2,900$3,499
May$2,339$3,462
Jun$2,495$3,432
Jul$2,395$3,250
Aug$2,295$2,950
Oct$4,800$3,100
Nov$2,400$2,843
Dec$2,950No data

Market temperature

The 40509 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 40509 is 52% lower than the national average.

40509vs.

$3,250

$6,820

Rent in 40509

We created a seamless online experience for you - from shopping on the largest rental network, to applying, to paying rent.

Explore Rentals

Frequently asked questions

1. What is the average rent in 40509?

The average rent in 40509 is $1,775.

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

The average rent for a studio apartment in 40509 is $400 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 $1,213 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 $1,571 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 $1,899 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 $2,825 per month.

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

Houses in 40509 rent between $350 - $6,000 with an average rent of $1,775.

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

In the last year, the rent in 40509 increased by $125

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

In the last month, the rent in 40509 decreased by $20

10. How many available rentals are there in 40509?

There are currently 87 rentals available in 40509.

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

The average rent in 40509 is $1,775 — Infinity% higher the national average of $0.