Cheap Apartments for Rent in 40031
24 rentals
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,150 - $1,250/mo
2 Beds
1-2 BathsGreen Valley Apartments | 402 Lakewood Dr #2B-1Ba-885Sqft,
La Grange, KY 40031
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Apartments For Rent Near 40031
We found 30 more apartments matching your filters just outside 40031
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Use arrow keys to navigatePET FRIENDLY$1,100 - $1,300/mo1-2 Beds1-2 BathsThe Cambry off 146 (Camden) | 106 Camden Wood Pl #402,
Crestwood, KY 40014
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$1,199 - $1,895/mo1-2 Beds1-2 BathsSummit Place Apartments | 5201 Eagles Peak Way #5208-102,
Louisville, KY 40241
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,270 - $1,795/mo1-2 Beds1-2 BathsShadow Ridge | 10400 Shadow Ridge Ln #409201,
Louisville, KY 40241
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SPECIAL OFFERPET FRIENDLY$1,395 - $2,895/mo1-3 Beds1-3 BathsVeranda at Norton Commons | 9506 Civic Way #2-104,
Prospect, KY 40059
PET FRIENDLY$1,399 - $3,119/moStudio-3 Beds1-3 BathsLyric at Norton Commons Apartments | 6324 Meeting St #105,
Prospect, KY 40059
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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 Jun 2026 compared to the previous month. Rent previously peaked in Nov 2025.
| Month | Average rent |
|---|---|
| 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 |
| Jun 2026 | $1,500 |
Average Rent By Bedroom and Home Type
In July 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,085 | $1,150 | $1,695 | $2,611 | $1,695 |
| Apartments and Condos | — | $1,095 | — | — | $1,095 |
| Houses | — | $1,950 | $1,795 | $2,611 | $2,325 |
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 $1,093 per month. This is about 44% 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 24 available rental listings in 40031.
- What are some cities near 40031?
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 40031 - 100 Rentas | Trulia