Cheap Apartments for Rent in 40508
117 rentals
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Average Rent Trends in 40508
Rent in 40508 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Sep 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,500 |
| Nov 2025 | $1,500 |
| Dec 2025 | $1,450 |
| Jan 2026 | $1,275 |
| Feb 2026 | $1,260 |
| Mar 2026 | $1,300 |
| Apr 2026 | $1,395 |
| May 2026 | $1,450 |
| Jun 2026 | $1,400 |
| Jul 2026 | $1,495 |
| Aug 2026 | $1,500 |
| Sep 2026 | $1,499 |
Average Rent By Bedroom and Home Type
In September 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,055 | $1,611 | $1,595 | $3,000 | $1,500 |
| Townhomes | $813 | $4,500 | $1,336 | $3,700 | $3,700 |
| Apartments and Condos | $1,244 | $1,875 | $1,550 | $4,000 | $1,500 |
| Houses | $1,100 | $1,160 | $1,500 | $2,300 | $1,600 |
Frequently Asked Questions about Rentals in 40508
- What is the average rent of an apartment in 40508?The average rent of an apartment in 40508 is $1,714 per month. This is about 12% lower than the national average.
- What are the cheapest months to find an apartment to rent in 40508?Last year, the cheapest month to find an apartment to rent was Mar 2025 when it was $1,145 per month.
- How many cheap apartments are available in 40508?There are 65 apartments to rent that are cheaper than the city’s average rent of $1,500.
- When is the average rent most expensive in 40508?In the last year, the average rent in 40508 was highest in Aug 2025 when it was $1,550 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 40508?The average rent of a 1 bedroom apartment in 40508 is $1,055 per month. That is about $155 more than the cost of a studio apartment.
- What are some cities near 40508?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 40508 - 128 Rentas | Trulia