40511 rental market

What is the average rent in 40511?

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Last updated October 30, 2025

Rental market summary

The average rent for 3 bedroom properties in 40511 is $1,995.

Average rent

$1,995

Month-over-month change

-$5

Year-over-year change

+$45

Available rentals

70

Source: Zillow Rentals data

Rental price range

The price range for 3 bedroom properties is $950 to $2,499.

Rent frequencies
Rent priceNumber of rental properties
$9001
$1,3001
$1,4001
$1,5003
$1,6004
$1,7009
$1,80011
$1,90020
$2,00021
$2,10017
$2,2004
$2,3001
$2,400+1

Average rent price over time

In the last year, rent has increased by $45 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,750$1,926
Feb$1,800$2,050
Mar$1,985$2,020
Apr$2,000$2,100
May$2,000$2,000
Jun$2,000$2,100
Jul$2,000$2,100
Aug$2,000$2,100
Sep$1,985$2,075
Oct$1,930$2,000
Nov$1,999No data
Dec$2,005No data

Market temperature

The 40511 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 40511 is 7% lower than the national average.

40511vs.

$1,995

$2,150

Rent in 40511

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Frequently asked questions

1. What is the average rent in 40511?

The average rent in 40511 is $2,084.

2. What is the average rent for a studio apartment in 40511?

The average rent for a studio apartment in 40511 is $825 per month.

3. What is the average rent for a one-bedroom apartment in 40511?

The average rent for a one-bedroom apartment in 40511 is $1,143 per month.

4. What is the average rent for a two-bedroom apartment in 40511?

The average rent for a two-bedroom apartment in 40511 is $1,225 per month.

5. What is the average rent for a three-bedroom apartment in 40511?

The average rent for a three-bedroom apartment in 40511 is $1,995 per month.

6. What is the average rent for a four-bedroom apartment in 40511?

The average rent for a four-bedroom apartment in 40511 is $1,525 per month.

7. How much does it cost to rent a house in 40511?

Houses in 40511 rent between $675 - $5,000 with an average rent of $2,084.

8. How has the rent in 40511 changed in the last year?

In the last year, the rent in 40511 increased by $29

9. How much has the rent in 40511 increased/decreased in the last month?

In the last month, the rent in 40511 increased by $9

10. How many available rentals are there in 40511?

There are currently 143 rentals available in 40511.

11. How do rent prices in 40511 compare with the national average?

The average rent in 40511 is $2,084 — Infinity% higher the national average of $0.