40515 rental market
Last updated August 29, 2025
Rental market summary
The average rent for 2 bedroom properties in 40515 is $1,516.
$1,516
+$16
+$116
23
Source: Zillow Rentals data
Rental price range
The price range for 2 bedroom properties is $900 to $2,463.
| Rent price | Number of rental properties |
|---|---|
| $800 | 1 |
| $900 | 2 |
| $1,000 | 1 |
| $1,100 | 2 |
| $1,200 | 1 |
| $1,300 | 3 |
| $1,400 | 4 |
| $1,500 | 5 |
| $1,600 | 7 |
| $1,700 | 2 |
| $1,800 | 3 |
| $1,900+ | 1 |
Average rent price over time
In the last year, rent has increased by $116 compared to the previous year.
| 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 | $1,400 | No data |
| Oct | $1,350 | No data |
| Nov | $1,350 | No data |
| Dec | $1,550 | No 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.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in 40515 is 19% lower than the national average.
$1,516
$1,875
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Frequently asked questions
1. What is the average rent in 40515?
The average rent in 40515 is $1,695.
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 $1,695.
3. How has the rent in 40515 changed in the last year?
In the last year, the rent in 40515 decreased by $205
4. How much has the rent in 40515 increased/decreased in the last month?
In the last month, the rent in 40515 decreased by $105
5. How many available rentals are there in 40515?
There are currently 42 rentals available in 40515.
6. How do rent prices in 40515 compare with the national average?
The average rent in 40515 is $1,695 — Infinity% higher the national average of $0.