Cheap Apartments for Rent in 40475
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1-2 Beds
1-2 BathsSignature Rentals-239 Wayne Dr. | 239 Wayne Dr #11566797,
Richmond, KY 40475
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Average Rent Trends in 40475
Rent in 40475 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,255 |
| Jul 2025 | $1,350 |
| Aug 2025 | $1,500 |
| Sep 2025 | $1,450 |
| Oct 2025 | $1,263 |
| Nov 2025 | $1,300 |
| Dec 2025 | $1,250 |
| Jan 2026 | $1,200 |
| Feb 2026 | $1,175 |
| Mar 2026 | $1,173 |
| Apr 2026 | $1,250 |
| May 2026 | $1,250 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $795 | $1,100 | $1,500 | $2,400 | $1,250 |
| Townhomes | $839 | $1,100 | $1,500 | — | $1,300 |
| Apartments and Condos | $775 | $1,195 | $1,350 | $1,595 | $1,200 |
| Houses | — | $1,200 | $1,600 | $2,400 | $1,900 |
Frequently Asked Questions about Rentals in 40475
- What is the average rent of an apartment in 40475?The average rent of an apartment in 40475 is $1,190 per month. This is about 38% lower than the national average.
- What is the average rent of a house in 40475?The average rent of a house in 40475 is $1,900 per month. This is about 2% lower than the national average.
- What is the average rent of a townhome in 40475?The average rent of a townhome in 40475 is $1,300 per month. This is about 33% lower than the national average.
- When is the average rent cheapest in 40475?In the last year, the average rent in 40475 was lowest in Feb 2025 when it was $1,250 per month.
- When is the average rent most expensive in 40475?In the last year, the average rent in 40475 was highest in Aug 2025 when it was $1,500 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 40475?The average rent of a 1 bedroom apartment in 40475 is $795 per month. That is about $120 more than the cost of a studio apartment.
- How many available rental listings are in 40475?There are 213 available rental listings in 40475.
- What are some cities near 40475?Some nearby cities include: Richmond, Waco, Paint Lick, Berea, Nicholasville, Lancaster. These cities may have more rental options to explore.