Cheap Apartments for Rent in 40047

18 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 stayed about the same in Sep 2026 compared to the previous month. Rent previously peaked in Nov 2025.
MonthAverage rent
Oct 2025$1,304
Nov 2025$1,750
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
View as a graph

Average Rent By Bedroom and Home Type

In October 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types—$1,050$1,500$2,950$1,500
Townhomes—$1,166——$1,166
Apartments and Condos—$1,050——$1,050
Houses—$944$1,500$2,950$1,650

Frequently Asked Questions about Rentals in 40047

  • What is the average rent of an apartment in 40047?
    The average rent of an apartment in 40047 is $1,050 per month. This is about 46% lower than the national average.
  • What are the cheapest months to find an apartment to rent in 40047?
    Last year, the cheapest month to find an apartment to rent was Jun 2025 when it was $1,130 per month.
  • How many cheap apartments are available in 40047?
    There are 9 apartments to rent that are cheaper than the city’s average rent of $1,500.
  • When is the average rent most expensive in 40047?
    In the last year, the average rent in 40047 was highest in Nov 2025 when it was $1,750 per month.
  • What are some cities near 40047?
    Some nearby cities include: Mount Washington, Hebron Estates, Pioneer Village, Hillview, Shepherdsville, Fox Chase. These cities may have more rental options to explore.