Cheap Apartments for Rent in 40215
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Average Rent Trends in 40215
Rent in 40215 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Aug 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $1,100 |
| Oct 2025 | $1,095 |
| Nov 2025 | $1,050 |
| Dec 2025 | $1,100 |
| Jan 2026 | $1,195 |
| Feb 2026 | $1,180 |
| Mar 2026 | $1,195 |
| Apr 2026 | $1,200 |
| May 2026 | $1,200 |
| Jun 2026 | $1,150 |
| Jul 2026 | $1,210 |
| Aug 2026 | $1,150 |
Average Rent By Bedroom and Home Type
In August 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $875 | $1,050 | $1,350 | $1,650 | $1,150 |
| Apartments and Condos | $875 | $975 | $1,350 | — | $1,033 |
| Houses | $800 | $1,150 | $1,375 | $1,650 | $1,295 |
Frequently Asked Questions about Rentals in 40215
- What is the average rent of an apartment in 40215?The average rent of an apartment in 40215 is $921 per month. This is about 53% lower than the national average.
- When is the average rent cheapest in 40215?In the last year, the average rent in 40215 was lowest in Nov 2025 when it was $1,050 per month.
- When is the average rent most expensive in 40215?In the last year, the average rent in 40215 was highest in May 2025 when it was $1,250 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 40215?The average rent of a 1 bedroom apartment in 40215 is $875 per month. That is about $375 less than the cost of a studio apartment.
- How many available rental listings are in 40215?There are 89 available rental listings in 40215.
- What are some cities near 40215?Some nearby cities include: Louisville, New Albany, Clarksville, Brooks, Hunters Hollow, Lanesville. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 40215 - 280 Rentas | Trulia