Cheap Apartments for Rent in 40361

12 rentals

Apartments For Rent Near 40361

We found 30 more apartments matching your filters just outside 40361

Average Rent Trends in 40361

Rent in 40361 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Jun 2026 compared to the previous month. Rent previously peaked in Dec 2025.
MonthAverage rent
Jul 2025$1,000
Aug 2025$850
Sep 2025$1,045
Oct 2025$1,000
Nov 2025$1,135
Dec 2025$1,175
Jan 2026$1,225
Feb 2026$1,150
Mar 2026$1,100
Apr 2026$1,095
May 2026$1,095
Jun 2026$1,095
View as a graph

Average Rent By Bedroom and Home Type

In June 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,058$1,050$1,650$2,200$1,075
Apartments and Condos$1,342$1,000$1,175—$1,000
Houses—$1,075$1,650$2,200$1,392

Frequently Asked Questions about Rentals in 40361

  • What is the average rent of an apartment in 40361?
    The average rent of an apartment in 40361 is $951 per month. This is about 51% lower than the national average.
  • What is the average rent of a house in 40361?
    The average rent of a house in 40361 is $1,392 per month. This is about 29% lower than the national average.
  • When is the average rent cheapest in 40361?
    In the last year, the average rent in 40361 was lowest in Aug 2025 when it was $850 per month.
  • When is the average rent most expensive in 40361?
    In the last year, the average rent in 40361 was highest in Dec 2025 when it was $1,175 per month.
  • How many available rental listings are in 40361?
    There are 13 available rental listings in 40361.
  • What are some cities near 40361?
    Some nearby cities include: Paris, North Middletown, Millersburg, Carlisle, Cynthiana, Winchester. These cities may have more rental options to explore.