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40508 rent trends

Rental prices in 40508 have increased by 3.41% over the past year. The average rent moved from $2,147 to $2,220.

Average rent in 40508

$2,220/mo 40508 average rental price, February 2026
Image Average Rent

    What's the typical rent budget in 40508?

    The largest share of rentals in 40508 (22%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in 40508, KY

    90 /100
    Very Walkable
    67 /100
    Good Transit
    78 /100
    Very Bikeable
    Walk Score®: 90, Transit Score®: 67, Bike Score®: 78

    Frequently asked questions

    What is the average rent in 40508?

    The average rent in 40508 is $1,555.

    What type of rental buildings are in 40508?

    In 40508, 71% of the residents are renting compared to 29% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 14% of 40508's rentals, 61% are small-scale complexes with under 50 units, and 23% are single-family rentals.

    40508 demographics

    • 23,756Total Population
    • 13,168 Female
      10,588 Male
    • 23.5Median Age

    40508 households

    • 3,389 Family
      6,276 Non-family
    • 1,335 Children
      8,330 No Children
    • 9,665Total Number of Households
    • 1.89Average People Per Household
    • $29,440Median Household Income

    40508 education statistics