Cheap Apartments for Rent in 40505
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Average Rent Trends in 40505
Rent in 40505 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 Mar 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,187 |
| Jul 2025 | $1,425 |
| Aug 2025 | $1,250 |
| Sep 2025 | $1,400 |
| Oct 2025 | $1,385 |
| Nov 2025 | $1,200 |
| Dec 2025 | $1,200 |
| Jan 2026 | $1,250 |
| Feb 2026 | $1,495 |
| Mar 2026 | $1,444 |
| Apr 2026 | $1,300 |
| May 2026 | $1,194 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $850 | $1,100 | $1,575 | $1,799 | $1,200 |
| Apartments and Condos | $825 | $1,095 | $1,199 | $1,799 | $850 |
| Houses | — | $1,100 | $1,750 | $1,850 | $1,667 |
Frequently Asked Questions about Rentals in 40505
- What is the average rent in 40505?The average rent in 40505 is $1,200. Rent prices range from $675 to as much as $3,800, depending on the type of rental.
- How does the rent in 40505 compare to the national average?Average rent in 40505 is about 37% lower than the national average rent of $1,910. That means it is less expensive to rent in 40505 compared to the U.S. average.
- What is the average rent in 40505, by number of bedrooms?The average rent in 40505 is $675 for a studio, $850 for a 1 bedroom, $1,100 for a 2 bedroom, $1,575 for a 3 bedroom, and $1,799 for a 4 bedroom.
- How have rent prices in 40505 changed compared to last year?In the past year, the average rent price in 40505 has increased by $50. That means the average rent is 4% higher than last year.
- How many available rental listings are in 40505?There are 57 available rental listings in 40505.
- What are some cities near 40505?Some nearby cities include: Lexington, Georgetown, Nicholasville, Midway, Versailles, Paris. These cities may have more rental options to explore.