40515 rental market

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Last updated August 19, 2025

Rental market summary

The average rent for 2 bedroom properties in 40515 is $1,450.

Average rent

$1,450

Month-over-month change

-$57

Year-over-year change

-$45

Available rentals

19

Source: Zillow Rentals data

Rental price range

The price range for 2 bedroom properties is $900 to $3,473.

Rent frequencies
Rent priceNumber of rental properties
$8001
$9002
$1,0001
$1,1002
$1,2001
$1,3005
$1,4003
$1,5004
$1,6003
$1,7003
$1,800+2

Average rent price over time

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

Average rent price over time
Last year (2024)This year (2025)
Jan$1,328$1,517
Feb$1,450$1,521
Mar$1,310$1,485
Apr$1,364$1,450
May$1,431$1,491
Jun$1,500$1,554
Jul$1,500$1,550
Aug$1,500$1,500
Sep$1,400No data
Oct$1,350No data
Nov$1,350No data
Dec$1,550No data

Market temperature

The 40515 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 40515 is 23% lower than the national average.

40515vs.

$1,450

$1,895

Rent in 40515

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Frequently asked questions

1. What is the average rent in 40515?

The average rent in 40515 is $1,700.

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

Houses in 40515 rent between $900 - $4,000 with an average rent of $1,700.

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

In the last year, the rent in 40515 decreased by $550

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

In the last month, the rent in 40515 decreased by $100

5. How many available rentals are there in 40515?

There are currently 39 rentals available in 40515.

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

The average rent in 40515 is $1,700 — Infinity% higher the national average of $0.