Cheap Apartments for Rent in 40403

37 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 decreased in May 2026 compared to the previous month. Rent previously peaked in Jan 2025.
MonthAverage rent
Jun 2025$1,400
Jul 2025$1,300
Aug 2025$1,090
Sep 2025$1,295
Oct 2025$975
Nov 2025$950
Dec 2025$1,012
Jan 2026$975
Feb 2026$975
Mar 2026$965
Apr 2026$1,150
May 2026$1,090
View as a graph

Average Rent By Bedroom and Home Type

In May 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$800$975$1,700$1,200$1,150
Townhomes—$975$1,500—$975
Apartments and Condos$800$1,150$1,090—$1,090
Houses—$1,175$1,700$1,200$1,700

Frequently Asked Questions about Rentals in 40403

  • What is the average rent in 40403?
    The average rent in 40403 is $1,100. Rent prices range from $675 to as much as $3,000, depending on the type of rental.
  • How does the rent in 40403 compare to the national average?
    Average rent in 40403 is about 42% lower than the national average rent of $1,910. That means it is less expensive to rent in 40403 compared to the U.S. average.
  • What is the average rent in 40403, by number of bedrooms?
    The average rent in 40403 is $ for a studio, $800 for a 1 bedroom, $975 for a 2 bedroom, $1,500 for a 3 bedroom, and $1,200 for a 4 bedroom.
  • How have rent prices in 40403 changed compared to last year?
    In the past year, the average rent price in 40403 has increased by $155. That means the average rent is 14% higher than last year.
  • How many available rental listings are in 40403?
    There are 28 available rental listings in 40403.
  • What are some cities near 40403?
    Some nearby cities include: Berea, Paint Lick, Mount Vernon, Richmond, Crab Orchard, Waco. These cities may have more rental options to explore.