Cheap Apartments for Rent in 40507

15 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 decreased in Sep 2026 compared to the previous month. Rent previously peaked in Jan 2025.
MonthAverage rent
Oct 2025$1,410
Nov 2025$1,445
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
View as a graph

Average Rent By Bedroom and Home Type

In October 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$1,300$1,807$3,200—$1,800
Townhomes—$1,250——$1,250
Apartments and Condos$1,300$1,900——$1,800
Houses—$2,500$3,200—$2,500

Frequently Asked Questions about Rentals in 40507

  • What is the average rent of an apartment in 40507?
    The average rent of an apartment in 40507 is $1,548 per month. This is about 21% lower than the national average.
  • What are the cheapest months to find an apartment to rent in 40507?
    Last year, the cheapest month to find an apartment to rent was Jul 2025 when it was $1,263 per month.
  • How many cheap apartments are available in 40507?
    There are 9 apartments to rent that are cheaper than the city’s average rent of $1,800.
  • When is the average rent most expensive in 40507?
    In the last year, the average rent in 40507 was highest in Jan 2025 when it was $1,700 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 40507?
    The average rent of a 1 bedroom apartment in 40507 is $1,300 per month. That is about $5 more than the cost of a studio apartment.
  • What are some cities near 40507?
    Some nearby cities include: Lexington, Nicholasville, Versailles, Midway, Georgetown, Wilmore. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 40507 - 129 Rentas | Trulia