Cheap Apartments for Rent in 40047

16 rentals

Apartments For Rent Near 40047

We found 30 more apartments matching your filters just outside 40047

Average Rent Trends in 40047

Rent in 40047 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Nov 2026 compared to the previous month. Rent previously peaked in Nov 2025.
MonthAverage rent
Dec 2025$1,429
Jan 2026$1,700
Feb 2026$1,340
Mar 2026$1,499
Apr 2026$1,700
May 2026$1,900
Jun 2026$1,800
Jul 2026$1,650
Aug 2026$1,350
Sep 2026$1,350
Oct 2026$1,500
Nov 2026$1,695
View as a graph

Average Rent By Bedroom and Home Type

In November 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types$900$1,130$1,995$2,050$1,735
Apartments and Condos$900$1,130——$1,130
Houses—$1,650$1,995$2,050$2,000

Frequently Asked Questions about Cheap Apartments for rent in 40047

  • How many cheap apartments are for rent in 40047?
    Trulia currently lists 16 cheap apartments for rent in 40047.
  • How much do cheap apartments in 40047 rent for?
    Rents for cheap apartments in 40047 range from $980 to $2,500 a month. Each listing shows its exact rent and any fees.
  • How does Trulia decide which rentals are cheap?
    This page shows rentals in the lowest price tier for apartments in 40047, sorted from the lowest rent up.
  • How can I find the cheapest apartments to rent in 40047?
    This page sorts apartments in 40047 from lowest rent up, starting at $980 a month. Filtering by fewer bedrooms or utilities included lowers costs further.
  • What trade-offs come with the cheapest rentals?
    Lower rents often mean smaller units, older buildings, fewer amenities or a longer commute. Check what utilities are included to compare true cost.
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 40047 - 73 Rentas | Trulia