Cheap Apartments for Rent in 40507

17 rentals

Apartments For Rent Near 40507

We found 30 more apartments matching your filters just outside 40507

Average Rent Trends in 40507

Rent in 40507 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Nov 2026 compared to the previous month. Rent previously peaked in Jan 2025.
MonthAverage rent
Dec 2025$1,500
Jan 2026$1,300
Feb 2026$1,500
Mar 2026$1,395
Apr 2026$1,395
May 2026$1,295
Jun 2026$1,450
Jul 2026$1,550
Aug 2026$1,475
Sep 2026$1,425
Oct 2026$1,550
Nov 2026$1,833
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 Houses and Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$1,750$1,889$2,300—$1,844
Townhomes—$1,950——$1,950
Apartments and Condos$1,750$1,800——$1,800
Houses—$1,800$2,300—$1,800

Frequently Asked Questions about Cheap Apartments for rent in 40507

  • How many cheap apartments are for rent in 40507?
    Trulia currently lists 32 cheap apartments for rent in 40507.
  • How much do cheap apartments in 40507 rent for?
    Rents for cheap apartments in 40507 range from $750 to $2,165 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 40507, sorted from the lowest rent up.
  • How can I find the cheapest apartments to rent in 40507?
    This page sorts apartments in 40507 from lowest rent up, starting at $750 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.
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 40507 - 142 Rentas | Trulia