Apartments in 40118

6 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 decreased in May 2026 compared to the previous month. Rent previously peaked in Jan 2026.
MonthAverage rent
Jun 2025$935
Jul 2025$1,049
Aug 2025$1,028
Sep 2025$979
Oct 2025$971
Nov 2025$1,109
Dec 2025$1,071
Jan 2026$1,257
Feb 2026$1,057
Mar 2026$1,057
Apr 2026$976
May 2026$957
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 Apartments and Condos for rent 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.
  • When is the average rent cheapest in 40118?
    In the last year, the average rent in 40118 was lowest in Jan 2025 when it was $799 per month.
  • When is the average rent most expensive in 40118?
    In the last year, the average rent in 40118 was highest in Feb 2025 when it was $1,199 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 $1,027 per month. That is about $652 less than the cost of a studio apartment.
  • How many apartments or condos are available to rent in 40118?
    There are 6 available apartments or condos to rent 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.