Apartments in 40031

8 rentals

Apartments For Rent Near 40031

We found 24 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 decreased in May 2026 compared to the previous month. Rent previously peaked in Dec 2025.
MonthAverage rent
Jun 2025$1,160
Jul 2025$1,077
Aug 2025$1,125
Sep 2025$1,140
Oct 2025$1,050
Nov 2025$1,248
Dec 2025$1,285
Jan 2026$1,283
Feb 2026$1,166
Mar 2026$1,213
Apr 2026$1,248
May 2026$1,117
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 Apartments and Condos for rent 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.
  • When is the average rent cheapest in 40031?
    In the last year, the average rent in 40031 was lowest in Oct 2025 when it was $1,050 per month.
  • When is the average rent most expensive in 40031?
    In the last year, the average rent in 40031 was highest in Dec 2025 when it was $1,285 per month.
  • How many apartments or condos are available to rent in 40031?
    There are 10 available apartments or condos to rent 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.