Cheap Apartments for Rent in 40162

7 rentals

Apartments For Rent Near 40162

We found 30 more apartments matching your filters just outside 40162

Average Rent Trends in 40162

Rent in 40162 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 Apr 2025.
MonthAverage rent
Oct 2025$1,495
Nov 2025$1,005
Dec 2025$2,300
Jan 2026$2,100
Feb 2026$2,100
Mar 2026$1,500
Apr 2026$3,000
Jul 2026$1,750
Aug 2026$1,833
Sep 2026$1,800
Oct 2026$1,105
Nov 2026$1,300
View as a graph

Average Rent By Bedroom and Home Type

In November 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
1 bed2 beds3 beds4 bedsAll
All home types—$1,015$1,600$2,450$1,600
Townhomes—$1,015——$1,015
Apartments and Condos——$1,500—$1,500
Houses——$1,600$2,450$1,700

Frequently Asked Questions about Cheap Apartments for rent in 40162

  • How many cheap apartments are for rent in 40162?
    Trulia currently lists 7 cheap apartments for rent in 40162.
  • How much do cheap apartments in 40162 rent for?
    Rents for cheap apartments in 40162 range from $1,015 to $2,450 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 40162, sorted from the lowest rent up.
  • How can I find the cheapest apartments to rent in 40162?
    This page sorts apartments in 40162 from lowest rent up, starting at $1,015 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.