Cheap Apartments for Rent in 40215
76 rentals
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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 Sep 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| 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 |
| Sep 2026 | $1,128 |
Average Rent By Bedroom and Home Type
In October 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $884 | $1,122 | $1,300 | $1,750 | $1,181 |
| Townhomes | $1,000 | — | — | — | $1,000 |
| Apartments and Condos | $875 | $950 | $1,350 | — | $950 |
| Houses | $1,175 | $1,250 | $1,300 | $1,750 | $1,250 |
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 $943 per month. This is about 52% lower than the national average.
- What are the cheapest months to find an apartment to rent in 40215?Last year, the cheapest month to find an apartment to rent was Nov 2025 when it was $1,050 per month.
- How many cheap apartments are available in 40215?There are 39 apartments to rent that are cheaper than the city’s average rent of $1,181.
- 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 $884 per month. That is about $197 more than the cost of a studio apartment.
- 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 - 278 Rentas | Trulia