Cheap Apartments for Rent in 40208
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Average Rent Trends in 40208
Rent in 40208 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Oct 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Nov 2025 | $1,049 |
| Dec 2025 | $1,050 |
| Jan 2026 | $1,000 |
| Feb 2026 | $1,000 |
| Mar 2026 | $1,050 |
| Apr 2026 | $1,100 |
| May 2026 | $1,150 |
| Jun 2026 | $1,100 |
| Jul 2026 | $1,124 |
| Aug 2026 | $1,150 |
| Sep 2026 | $1,100 |
| Oct 2026 | $1,039 |
Average Rent By Bedroom and Home Type
In October 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $850 | $1,100 | $1,375 | $1,400 | $1,047 |
| Townhomes | — | $1,700 | $1,500 | — | $1,700 |
| Apartments and Condos | $850 | $1,100 | $1,200 | $1,399 | $999 |
| Houses | $992 | $1,195 | $1,395 | $1,400 | $1,347 |
Frequently Asked Questions about Rentals in 40208
- What is the average rent of an apartment in 40208?The average rent of an apartment in 40208 is $922 per month. This is about 52% lower than the national average.
- What are the cheapest months to find an apartment to rent in 40208?Last year, the cheapest month to find an apartment to rent was Feb 2025 when it was $1,025 per month.
- How many cheap apartments are available in 40208?There are 69 apartments to rent that are cheaper than the city’s average rent of $1,047.
- When is the average rent most expensive in 40208?In the last year, the average rent in 40208 was highest in Jul 2025 when it was $1,195 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 40208?The average rent of a 1 bedroom apartment in 40208 is $850 per month. That is about $125 more than the cost of a studio apartment.
- What are some cities near 40208?Some nearby cities include: Louisville, New Albany, Clarksville, Jeffersonville, Utica, Hunters Hollow. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 40208 - 153 Rentas | Trulia