Cheap Apartments for Rent in 40515

39 rentals

Apartments For Rent Near 40515

We found 30 more apartments matching your filters just outside 40515

Average Rent Trends in 40515

Rent in 40515 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 Jul 2025.
MonthAverage rent
Jun 2025$1,700
Jul 2025$1,800
Aug 2025$1,800
Sep 2025$1,695
Oct 2025$1,750
Nov 2025$1,767
Dec 2025$1,725
Jan 2026$1,725
Feb 2026$1,750
Mar 2026$1,685
Apr 2026$1,645
May 2026$1,650
View as a graph

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 bed2 beds3 beds4 bedsAll
All home types$1,178$1,450$1,785$2,875$1,650
Townhomes—$1,350$1,650$3,295$1,650
Apartments and Condos—$1,400$2,000—$1,450
Houses—$1,550$1,750$2,875$1,800

Frequently Asked Questions about Rentals in 40515

  • What is the average rent in 40515?
    The average rent in 40515 is $1,650. Rent prices range from $950 to as much as $3,800, depending on the type of rental.
  • How does the rent in 40515 compare to the national average?
    Average rent in 40515 is about 14% lower than the national average rent of $1,910. That means it is less expensive to rent in 40515 compared to the U.S. average.
  • What is the average rent in 40515, by number of bedrooms?
    The average rent in 40515 is $ for a studio, $1,178 for a 1 bedroom, $1,450 for a 2 bedroom, $1,785 for a 3 bedroom, and $2,875 for a 4 bedroom.
  • How have rent prices in 40515 changed compared to last year?
    In the past year, the average rent price in 40515 has decreased by $50. That means the average rent is 3% lower than last year.
  • How many available rental listings are in 40515?
    There are 37 available rental listings in 40515.
  • What are some cities near 40515?
    Some nearby cities include: Lexington, Nicholasville, Richmond, Winchester, Wilmore, Lancaster. These cities may have more rental options to explore.