Cheap Apartments for Rent in 40223

22 rentals

Apartments For Rent Near 40223

We found 30 more apartments matching your filters just outside 40223

Average Rent Trends in 40223

Rent in 40223 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Feb 2025.
MonthAverage rent
Jun 2025$1,350
Jul 2025$1,421
Aug 2025$1,376
Sep 2025$1,498
Oct 2025$1,550
Nov 2025$1,591
Dec 2025$1,582
Jan 2026$1,564
Feb 2026$1,600
Mar 2026$1,593
Apr 2026$1,630
May 2026$1,615
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 Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,170$1,469$1,925$3,500$1,614
Townhomes—$3,000$1,995—$1,995
Apartments and Condos$900$1,295——$900
Houses—$1,283$1,895$3,500$2,175

Frequently Asked Questions about Rentals in 40223

  • What is the average rent of an apartment in 40223?
    The average rent of an apartment in 40223 is $1,198 per month. This is about 38% lower than the national average.
  • What is the average rent of a house in 40223?
    The average rent of a house in 40223 is $2,175 per month. This is about 13% higher than the national average.
  • What is the average rent of a townhome in 40223?
    The average rent of a townhome in 40223 is $1,995 per month. This is about 3% higher than the national average.
  • When is the average rent cheapest in 40223?
    In the last year, the average rent in 40223 was lowest in Jun 2025 when it was $1,350 per month.
  • When is the average rent most expensive in 40223?
    In the last year, the average rent in 40223 was highest in Feb 2025 when it was $1,700 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 40223?
    The average rent of a 1 bedroom apartment in 40223 is $1,170 per month. That is about $295 more than the cost of a studio apartment.
  • How many available rental listings are in 40223?
    There are 26 available rental listings in 40223.
  • What are some cities near 40223?
    Some nearby cities include: Pewee Valley, Orchard Grass Hills, Prospect, Utica, River Bluff, Louisville. These cities may have more rental options to explore.