Apartments For Rent in 40118

8 rentals

Apartments For Rent Near 40118

We found 30 more apartments matching your filters just outside 40118

Average Rent Trends in 40118

Rent in 40118 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 Apr 2025.
MonthAverage rent
Jun 2025$1,425
Jul 2025$1,248
Aug 2025$1,206
Sep 2025$1,395
Oct 2025$1,700
Nov 2025$1,495
Dec 2025$1,550
Jan 2026$1,289
Feb 2026$1,289
Mar 2026$1,289
Apr 2026$1,114
May 2026$1,471
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 and Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$1,021$1,114$1,595$2,040$1,469
Townhomes—$1,850——$1,850
Apartments and Condos—$799——$799
Houses——$1,399$2,040$1,595

Frequently Asked Questions about Rentals in 40118

  • What is the average rent of an apartment in 40118?
    The average rent of an apartment in 40118 is $957 per month. This is about 50% lower than the national average.
  • What is the average rent of a house in 40118?
    The average rent of a house in 40118 is $1,595 per month. This is about 17% lower than the national average.
  • What is the average rent of a townhome in 40118?
    The average rent of a townhome in 40118 is $1,850 per month. This is about 4% lower than the national average.
  • When is the average rent cheapest in 40118?
    In the last year, the average rent in 40118 was lowest in Aug 2025 when it was $1,206 per month.
  • When is the average rent most expensive in 40118?
    In the last year, the average rent in 40118 was highest in Apr 2025 when it was $2,040 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 40118?
    The average rent of a 1 bedroom apartment in 40118 is $1,021 per month. That is about $658 less than the cost of a studio apartment.
  • How many available rental listings are in 40118?
    There are 11 available rental listings in 40118.
  • What are some cities near 40118?
    Some nearby cities include: Brooks, Hunters Hollow, Pioneer Village, Hillview, Fox Chase, Hebron Estates. These cities may have more rental options to explore.