Cheap Apartments for Rent in 40223

23 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 decreased in Oct 2026 compared to the previous month. Rent previously peaked in Feb 2025.
MonthAverage rent
Nov 2025$1,591
Dec 2025$1,582
Jan 2026$1,564
Feb 2026$1,600
Mar 2026$1,590
Apr 2026$1,630
May 2026$1,614
Jun 2026$1,653
Jul 2026$1,579
Aug 2026$1,695
Sep 2026$1,626
Oct 2026$1,548
View as a graph

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 bed2 beds3 beds4 bedsAll
All home types$1,249$1,600$1,950$4,500$1,564
Townhomes—$1,850$3,678—$1,850
Apartments and Condos—$1,250$1,830—$1,250
Houses——$1,950$4,500$2,245

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 $1,364 per month. This is about 30% lower than the national average.
  • What are the cheapest months to find an apartment to rent in 40223?
    Last year, the cheapest month to find an apartment to rent was Jun 2025 when it was $1,350 per month.
  • How many cheap apartments are available in 40223?
    There are 16 apartments to rent that are cheaper than the city’s average rent of $1,564.
  • 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 $1,249 per month. That is about $424 more than the cost of a studio apartment.
  • 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.
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 40223 - 331 Rentas | Trulia