40517 rental market

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Last updated August 21, 2025

Rental market summary

The average rent for 3 bedroom properties in 40517 is $1,681.

Average rent

$1,681

Month-over-month change

-$114

Year-over-year change

+$86

Available rentals

28

Source: Zillow Rentals data

Rental price range

The price range for 3 bedroom properties is $1,159 to $2,300.

Rent frequencies
Rent priceNumber of rental properties
$1,1001
$1,4003
$1,5004
$1,60010
$1,7006
$1,8003
$1,9004
$2,0002
$2,300+1

Average rent price over time

In the last year, rent has increased by $86 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,550$1,599
Feb$1,500$1,600
Mar$1,450$1,500
Apr$1,599$1,650
May$1,450$1,600
Jun$1,650$1,600
Jul$1,600$1,700
Aug$1,599$1,750
Sep$1,500No data
Oct$1,500No data
Nov$1,500No data
Dec$1,550No data

Market temperature

The 40517 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 40517 is 24% lower than the national average.

40517vs.

$1,681

$2,200

Rent in 40517

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Frequently asked questions

1. What is the average rent in 40517?

The average rent in 40517 is $1,550.

2. How much does it cost to rent a house in 40517?

Houses in 40517 rent between $800 - $2,500 with an average rent of $1,550.

3. How has the rent in 40517 changed in the last year?

In the last year, the rent in 40517 increased by $150

4. How much has the rent in 40517 increased/decreased in the last month?

In the last month, the rent in 40517 increased by $100

5. How many available rentals are there in 40517?

There are currently 71 rentals available in 40517.

6. How do rent prices in 40517 compare with the national average?

The average rent in 40517 is $1,550 — Infinity% higher the national average of $0.