40403 rental market

What is the average rent in 40403?

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Last updated June 24, 2026

Rental market summary

The average rent for all bedrooms and all property types in 40403 is $975.

Average rent

$975

Month-over-month change

-$175

Year-over-year change

-$325

Available rentals

26

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $700 to $3,000.

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Rent frequencies
Rent priceNumber of rental properties
$6001
$7003
$8005
$9008
$1,0001
$1,1006
$1,2004
$1,4002
$1,5001
$2,3001
$2,9001
$3,000+1

Average rent price over time

In the last year, rent has decreased by $325 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,495$975
Feb$1,175$975
Mar$925$965
Apr$975$1,150
May$945$1,090
Jun$1,400$1,145
Jul$1,300No data
Aug$1,090No data
Sep$1,295No data
Oct$975No data
Nov$950No data
Dec$1,012No data

Market temperature

The 40403 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 40403 is 51% lower than the national average.

40403vs.

$975

$2,010

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Frequently asked questions

1. What is the average rent in 40403?

The average rent in 40403 is $975.

2. What is the average rent for a studio apartment in 40403?

The average rent for a studio apartment in 40403 is $700 per month.

3. What is the average rent for a one-bedroom apartment in 40403?

The average rent for a one-bedroom apartment in 40403 is $750 per month.

4. What is the average rent for a two-bedroom apartment in 40403?

The average rent for a two-bedroom apartment in 40403 is $950 per month.

5. What is the average rent for a three-bedroom apartment in 40403?

The average rent for a three-bedroom apartment in 40403 is $1,450 per month.

6. What is the average rent for a four-bedroom apartment in 40403?

The average rent for a four-bedroom apartment in 40403 is $1,200 per month.

7. How much does it cost to rent a house in 40403?

Houses in 40403 rent between $700 - $3,000 with an average rent of $975.

8. How has the rent in 40403 changed in the last year?

In the last year, the rent in 40403 decreased by $325

9. How much has the rent in 40403 increased/decreased in the last month?

In the last month, the rent in 40403 decreased by $175

10. How many available rentals are there in 40403?

There are currently 26 rentals available in 40403.

11. How do rent prices in 40403 compare with the national average?

The average rent in 40403 is $975 — 51.49% lower the national average of $2,010.

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