40515 rental market

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Last updated August 29, 2025

Rental market summary

The average rent for 3 bedroom properties in 40515 is $1,900.

Average rent

$1,900

Month-over-month change

+$85

Year-over-year change

+$197

Available rentals

15

Source: Zillow Rentals data

Rental price range

The price range for 3 bedroom properties is $1,450 to $3,875.

Rent frequencies
Rent priceNumber of rental properties
$1,4001
$1,6001
$1,7003
$1,8003
$1,9002
$2,0003
$2,1002
$2,3001
$2,7001
$2,800+1

Average rent price over time

In the last year, rent has increased by $197 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,706$1,900
Feb$1,850$1,808
Mar$1,759$1,795
Apr$1,800$1,795
May$2,055$1,900
Jun$1,800$1,961
Jul$2,100$1,975
Aug$1,800$1,868
Sep$1,709No data
Oct$1,725No data
Nov$1,820No data
Dec$1,769No 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 14% lower than the national average.

40515vs.

$1,900

$2,200

Rent in 40515

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Frequently asked questions

1. What is the average rent in 40515?

The average rent in 40515 is $1,695.

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.