Apartments For Rent in 40031

20 rentals

Apartments For Rent Near 40031

We found 30 more apartments matching your filters just outside 40031

Average Rent Trends in 40031

Rent in 40031 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Nov 2025.
MonthAverage rent
Jun 2025$1,200
Jul 2025$1,388
Aug 2025$1,500
Sep 2025$1,514
Oct 2025$1,650
Nov 2025$1,740
Dec 2025$1,716
Jan 2026$1,623
Feb 2026$2,299
Mar 2026$1,704
Apr 2026$1,975
May 2026$2,400
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types—$1,150$1,890$2,700$1,895
Apartments and Condos—$1,095$1,500—$1,095
Houses——$1,895$2,675$2,500

Frequently Asked Questions about Rentals in 40031

  • What is the average rent of an apartment in 40031?
    The average rent of an apartment in 40031 is $1,137 per month. This is about 41% lower than the national average.
  • What is the average rent of a house in 40031?
    The average rent of a house in 40031 is $2,500 per month. This is about 30% higher than the national average.
  • What is the average rent of a townhome in 40031?
    The average rent of a townhome in 40031 is $1,695 per month. This is about 12% lower than the national average.
  • When is the average rent cheapest in 40031?
    In the last year, the average rent in 40031 was lowest in Mar 2025 when it was $1,175 per month.
  • When is the average rent most expensive in 40031?
    In the last year, the average rent in 40031 was highest in Nov 2025 when it was $1,740 per month.
  • How many available rental listings are in 40031?
    There are 20 available rental listings in 40031.
  • What are some cities near 40031?
    Some nearby cities include: La Grange, Buckner, Westport, Crestwood, Pendleton, Smithfield. These cities may have more rental options to explore.