Cheap Apartments for Rent in 40361

13 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 increased in Sep 2026 compared to the previous month. Rent previously peaked in Dec 2025.
MonthAverage rent
Oct 2025$1,000
Nov 2025$1,134
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
Jul 2026$1,025
Aug 2026$1,012
Sep 2026$1,150
View as a graph

Average Rent By Bedroom and Home Type

In September 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,186$1,125$1,200$3,800$1,175
Townhomes—$1,000——$1,000
Apartments and Condos—$1,200$1,175—$1,175
Houses—$1,045$1,200$3,800$1,200

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 $1,068 per month. This is about 45% lower than the national average.
  • What are the cheapest months to find an apartment to rent in 40361?
    Last year, the cheapest month to find an apartment to rent was Aug 2025 when it was $850 per month.
  • How many cheap apartments are available in 40361?
    There are 5 apartments to rent that are cheaper than the city’s average rent of $1,175.
  • 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 does the rent of a 1 bedroom apartment compare to a studio apartment in 40361?
    The average rent of a 1 bedroom apartment in 40361 is $1,186 per month. That is about $291 more than the cost of a studio apartment.
  • 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.
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 40361 - 950 Rentas | Trulia