40031 rental market
What is the average rent in 40031?
Last updated June 30, 2026
Rental market summary
The average rent for all bedrooms and all property types in 40031 is $1,795.
Average rent
$1,795
Month-over-month change
+$295
Year-over-year change
+$408
Available rentals
25
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $1,000 to $3,500.
| Rent price | Number of rental properties |
|---|---|
| $1,000 | 2 |
| $1,100 | 4 |
| $1,200 | 2 |
| $1,300 | 2 |
| $1,500 | 2 |
| $1,600 | 1 |
| $1,700 | 1 |
| $1,800 | 1 |
| $1,900 | 2 |
| $2,000 | 2 |
| $2,100 | 1 |
| $2,300 | 1 |
| $2,400 | 1 |
| $2,500 | 3 |
| $2,600 | 2 |
| $2,700 | 1 |
| $2,800 | 3 |
| $2,900 | 1 |
| $3,400 | 1 |
| $3,500+ | 1 |
Average rent price over time
In the last year, rent has increased by $408 compared to the previous year.
| Last year (2025) | This year (2026) | |
|---|---|---|
| Jan | $1,200 | $1,623 |
| Feb | $1,250 | $2,299 |
| Mar | $1,175 | $1,704 |
| Apr | $1,175 | $1,975 |
| May | $1,525 | $2,400 |
| Jun | $1,200 | $1,500 |
| Jul | $1,388 | No data |
| Aug | $1,500 | No data |
| Sep | $1,514 | No data |
| Oct | $1,650 | No data |
| Nov | $1,740 | No data |
| Dec | $1,716 | No data |
Market temperature
The 40031 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.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in 40031 is 11% lower than the national average.
$1,795
$2,010
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Frequently asked questions
1. What is the average rent in 40031?
2. What is the average rent for a one-bedroom apartment in 40031?
3. What is the average rent for a two-bedroom apartment in 40031?
4. What is the average rent for a three-bedroom apartment in 40031?
5. What is the average rent for a four-bedroom apartment in 40031?
6. How much does it cost to rent a house in 40031?
7. How has the rent in 40031 changed in the last year?
8. How much has the rent in 40031 increased/decreased in the last month?
9. How many available rentals are there in 40031?
10. How do rent prices in 40031 compare with the national average?
