Cheap Apartments for Rent in 40403

31 rentals

Apartments For Rent Near 40403

We found 30 more apartments matching your filters just outside 40403

Average Rent Trends in 40403

Rent in 40403 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Nov 2026 compared to the previous month. Rent previously peaked in Jan 2025.
MonthAverage rent
Dec 2025$1,012
Jan 2026$975
Feb 2026$975
Mar 2026$965
Apr 2026$1,150
May 2026$1,090
Jun 2026$1,145
Jul 2026$1,095
Aug 2026$975
Sep 2026$955
Oct 2026$1,050
Nov 2026$1,050
View as a graph

Average Rent By Bedroom and Home Type

In November 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$795$975$1,495$2,200$1,050
Townhomes—$925$1,095—$1,095
Apartments and Condos$795$895$1,090—$895
Houses—$975$2,000$2,200$1,700

Frequently Asked Questions about Cheap Apartments for rent in 40403

  • How many cheap apartments are for rent in 40403?
    Trulia currently lists 31 cheap apartments for rent in 40403.
  • How much do cheap apartments in 40403 rent for?
    Rents for cheap apartments in 40403 range from $770 to $2,460 a month. Each listing shows its exact rent and any fees.
  • How does Trulia decide which rentals are cheap?
    This page shows rentals in the lowest price tier for apartments in 40403, sorted from the lowest rent up.
  • How can I find the cheapest apartments to rent in 40403?
    This page sorts apartments in 40403 from lowest rent up, starting at $770 a month. Filtering by fewer bedrooms or utilities included lowers costs further.
  • What trade-offs come with the cheapest rentals?
    Lower rents often mean smaller units, older buildings, fewer amenities or a longer commute. Check what utilities are included to compare true cost.