40361 rental market

What is the average rent in 40361?

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Last updated August 9, 2026

Rental market summary

The average rent for all bedrooms and all property types in 40361 is $1,095.

Average rent

$1,095

Month-over-month change

+$21

Year-over-year change

-$27

Available rentals

15

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $785 to $3,800.

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Rent frequencies
Rent priceNumber of rental properties
$7002
$8002
$9004
$1,0001
$1,1003
$1,2002
$1,6002
$3,7001
$3,800+1

Average rent price over time

In the last year, rent has decreased by $27 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,034$1,225
Feb$963$1,150
Mar$1,075$1,100
Apr$1,050$1,095
May$1,150$1,095
Jun$1,150$1,095
Jul$1,000$1,025
Aug$850$1,012
Sep$1,045No data
Oct$1,000No data
Nov$1,134No data
Dec$1,175No data

Market temperature

The 40361 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.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 40361 is 45% lower than the national average.

40361vs.

$1,095

$2,004

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Frequently asked questions

1. What is the average rent in 40361?

The average rent in 40361 is $1,095.

2. What is the average rent for a studio apartment in 40361?

The average rent for a studio apartment in 40361 is $785 per month.

3. What is the average rent for a one-bedroom apartment in 40361?

The average rent for a one-bedroom apartment in 40361 is $1,104 per month.

4. What is the average rent for a two-bedroom apartment in 40361?

The average rent for a two-bedroom apartment in 40361 is $995 per month.

5. What is the average rent for a three-bedroom apartment in 40361?

The average rent for a three-bedroom apartment in 40361 is $1,200 per month.

6. What is the average rent for a four-bedroom apartment in 40361?

The average rent for a four-bedroom apartment in 40361 is $1,625 per month.

7. How much does it cost to rent a house in 40361?

Houses in 40361 rent between $785 - $3,800 with an average rent of $1,095.

8. How has the rent in 40361 changed in the last year?

In the last year, the rent in 40361 decreased by $27

9. How much has the rent in 40361 increased/decreased in the last month?

In the last month, the rent in 40361 increased by $21

10. How many available rentals are there in 40361?

There are currently 15 rentals available in 40361.

11. How do rent prices in 40361 compare with the national average?

The average rent in 40361 is $1,095 — 45.36% lower the national average of $2,004.

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