40515 rental market

What is the average rent in 40515?

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Last updated March 8, 2026

Rental market summary

The average rent for all bedrooms and all property types in 40515 is $1,673.

Average rent

$1,673

Month-over-month change

-$77

Year-over-year change

-$27

Available rentals

44

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $800 to $3,495.

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Rent frequencies
Rent priceNumber of rental properties
$7001
$8002
$9001
$1,1001
$1,2003
$1,3003
$1,4004
$1,5008
$1,6007
$1,7007
$1,8001
$1,9003
$2,0002
$2,1002
$2,2002
$2,3002
$2,7001
$3,2002
$3,3002
$3,400+1

Average rent price over time

In the last year, rent has decreased by $27 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,769$1,725
Feb$1,797$1,750
Mar$1,700$1,685
Apr$1,650No data
May$1,700No data
Jun$1,700No data
Jul$1,800No data
Aug$1,800No data
Sep$1,695No data
Oct$1,750No data
Nov$1,767No data
Dec$1,725No data

Market temperature

The 40515 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 40515 is 16% lower than the national average.

40515vs.

$1,673

$2,000

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Frequently asked questions

1. What is the average rent in 40515?

The average rent in 40515 is $1,673.

2. What is the average rent for a one-bedroom apartment in 40515?

The average rent for a one-bedroom apartment in 40515 is $1,191 per month.

3. What is the average rent for a two-bedroom apartment in 40515?

The average rent for a two-bedroom apartment in 40515 is $1,535 per month.

4. What is the average rent for a three-bedroom apartment in 40515?

The average rent for a three-bedroom apartment in 40515 is $1,775 per month.

5. What is the average rent for a four-bedroom apartment in 40515?

The average rent for a four-bedroom apartment in 40515 is $2,545 per month.

6. How much does it cost to rent a house in 40515?

Houses in 40515 rent between $800 - $3,495 with an average rent of $1,673.

7. How has the rent in 40515 changed in the last year?

In the last year, the rent in 40515 decreased by $27

8. How much has the rent in 40515 increased/decreased in the last month?

In the last month, the rent in 40515 decreased by $77

9. How many available rentals are there in 40515?

There are currently 44 rentals available in 40515.

10. How do rent prices in 40515 compare with the national average?

The average rent in 40515 is $1,673 — 16.35% lower the national average of $2,000.