Cheap Apartments for Rent in 40242

20 rentals

Apartments For Rent Near 40242

We found 30 more apartments matching your filters just outside 40242

Average Rent Trends in 40242

Rent in 40242 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Aug 2026 compared to the previous month. Rent previously peaked in Jul 2025.
MonthAverage rent
Sep 2025$1,252
Oct 2025$1,255
Nov 2025$1,399
Dec 2025$1,399
Jan 2026$1,399
Feb 2026$1,550
Mar 2026$1,695
Apr 2026$1,640
May 2026$1,626
Jun 2026$1,346
Jul 2026$1,366
Aug 2026$1,650
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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 bed2 beds3 beds4 bedsAll
All home types$1,138$1,447$1,884$2,125$1,800
Apartments and Condos$950$975——$975
Houses—$1,900$2,000$2,125$2,100

Frequently Asked Questions about Rentals in 40242

  • What is the average rent of an apartment in 40242?
    The average rent of an apartment in 40242 is $1,128 per month. This is about 43% lower than the national average.
  • When is the average rent cheapest in 40242?
    In the last year, the average rent in 40242 was lowest in Jan 2025 when it was $1,025 per month.
  • When is the average rent most expensive in 40242?
    In the last year, the average rent in 40242 was highest in Jul 2025 when it was $1,595 per month.
  • How many available rental listings are in 40242?
    There are 21 available rental listings in 40242.
  • What are some cities near 40242?
    Some nearby cities include: Orchard Grass Hills, Utica, Prospect, Pewee Valley, River Bluff, Jeffersonville. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 40242 - 185 Rentas | Trulia