How much does it cost to rent at Flats on Fifth?

Rent at Flats on Fifth in Louisville, KY ranges from $954 to $1,438 per month as of October 3, 2026.

What is the average 1 bed rent at Flats on Fifth?

The average 1 bed apartment at Flats on Fifth costs $1,024/month, starting from $954.

What is the average 2 bed rent at Flats on Fifth?

The average 2 bed apartment at Flats on Fifth costs $1,300/month, starting from $1,139.

Is Flats on Fifth a good apartment complex?

Flats on Fifth has a 3.5-star rating on Google based on 150 reviews.

Updated October 3, 2026 at 6:03 a.m. ET

Flats on Fifth

430 W Muhammad Ali Blvd, Louisville, KY 40202, USA

3.5 (150 reviews) Official Website

Live pricing, refreshed October 3, 2026 at 6:03 a.m. ET

Units Listed

$954

Starting at

$1,072

Average

$1,438

Highest

$1.83

Per Sq Ft

PRO

Avg Days Listed

How does this compare? View Downtown rent trends

Beds

Pricing by Bedroom

1 Bed

$1,024

from $954 · 38 units

~508 sqft avg

2 Bed

$1,300

from $1,139 · 8 units

~950 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (43)

Largest 8 movers of 43

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

Building size: modeled from how many distinct units we have observed over time
Occupancy: building size minus currently listed units
Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$6,117

$73K annual run rate

Modeled estimate

Est. Occupancy

12%

of about 52 units (modeled from leasing activity)

Effective Rent on New Leases

$1,020

vs $1,072 current asking ($52 negotiation gap)

Recent Lease Activity

52 units tracked; 6 assumed leased, 46 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

+30 pts: 15+ units currently listed
+25 pts: Active move-in specials
+20 pts: Deep discounts (>$150/mo off)
+15 pts: 5+ distinct floor plans
+10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

Very high availability

17 floor plans

Move-in Specials

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Price vs. Downtown

Neighborhood

Flats on Fifth

$954

Crescent Centre Apartments & Townhomes

$995 310 @ NuLu

$1,099 Grocers Ice Lofts Apartments

$1,215 Main & Clay Apartments

$1,315 The Edge on 4 | Luxury Apartments

$1,318 The Residences at OMNI Louisville Apartments

$1,603

Comparing 7 apartments in Downtown. Click any bar to view that building.

See Downtown rent trends on the Louisville, KY map Explore Louisville, KY on the interactive map

Available Units

Sort

46 units

Select a unit to see its larger layout, price history, and link to the rental site.

Filter by unit features

1 Bed / 1 Bath Unit 707

$954/mo

469 ft² · $2.03/ft²

Available: Now

Up $15 since Oct 2 (was $939)

1 Bed / 1 Bath Unit 1807

$954/mo

469 ft² · $2.03/ft²

Available: Now

Up $15 since Oct 2 (was $939)

1 Bed / 1 Bath Unit 1007

$954/mo

469 ft² · $2.03/ft²

Available: Now

Up $15 since Oct 2 (was $939)

1 Bed / 1 Bath Unit 1408

$954/mo

431 ft² · $2.21/ft²

Available: Now

Up $15 since Oct 2 (was $939)

1 Bed / 1 Bath Unit 1707

$954/mo

469 ft² · $2.03/ft²

Available: Now

Up $15 since Oct 2 (was $939)

1 Bed / 1 Bath Unit 1107

$954/mo

469 ft² · $2.03/ft²

Available: Now

Up $15 since Oct 2 (was $939)

1 Bed / 1 Bath Unit 1208

$956/mo

431 ft² · $2.22/ft²

Available: Now

Up $17 since Oct 2 (was $939)

1 Bed / 1 Bath Unit 1108

$956/mo

431 ft² · $2.22/ft²

Available: Now

Up $17 since Oct 2 (was $939)

1 Bed / 1 Bath Unit 508

$956/mo

431 ft² · $2.22/ft²

Available: Now

Up $17 since Oct 2 (was $939)

1 Bed / 1 Bath Unit 1608

$957/mo

431 ft² · $2.22/ft²

Available: Now

Up $17 since Oct 2 (was $940)

Unit						Listed	Details
707	1bd / 1ba	469	$954	$2.03	Now	Pro	Up $15 since Oct 2
1807	1bd / 1ba	469	$954	$2.03	Now	Pro	Up $15 since Oct 2
1007	1bd / 1ba	469	$954	$2.03	Now	Pro	Up $15 since Oct 2
1408	1bd / 1ba	431	$954	$2.21	Now	Pro	Up $15 since Oct 2
1707	1bd / 1ba	469	$954	$2.03	Now	Pro	Up $15 since Oct 2
1107	1bd / 1ba	469	$954	$2.03	Now	Pro	Up $15 since Oct 2
1208	1bd / 1ba	431	$956	$2.22	Now	Pro	Up $17 since Oct 2
1108	1bd / 1ba	431	$956	$2.22	Now	Pro	Up $17 since Oct 2
508	1bd / 1ba	431	$956	$2.22	Now	Pro	Up $17 since Oct 2
1608	1bd / 1ba	431	$957	$2.22	Now	Pro	Up $17 since Oct 2
312	1bd / 1ba	513	$958	$1.87	Now	Pro	Up $17 since Oct 2
1507	1bd / 1ba	469	$972	$2.07	Now	Pro	Up $16 since Oct 2
808	1bd / 1ba	431	$975	$2.26	Now	Pro	Up $16 since Oct 2
317	1bd / 1ba	551	$984	$1.79	Now	Pro	Up $15 since Oct 2
915	1bd / 1ba	426	$994	$2.33	Now	Pro	Up $15 since Oct 2
715	1bd / 1ba	426	$994	$2.33	Now	Pro	Up $15 since Oct 2
1215	1bd / 1ba	426	$994	$2.33	Now	Pro	Up $15 since Oct 2
1715	1bd / 1ba	426	$1,004	$2.36	Now	Pro
1003	1bd / 1ba	539	$1,014	$1.88	Now	Pro	Up $15 since Oct 2
1716	1bd / 1ba	485	$1,014	$2.09	Now	Pro	Up $15 since Oct 2
405	1bd / 1ba	540	$1,024	$1.90	Now	Pro	Up $15 since Oct 2
803	1bd / 1ba	539	$1,024	$1.90	Oct 7, 2026	Pro
1614	1bd / 1ba	507	$1,034	$2.04	Now	Pro	Up $15 since Oct 2
604	1bd / 1ba	537	$1,034	$1.93	Oct 7, 2026	Pro	Down $5 since Oct 2
504	1bd / 1ba	537	$1,040	$1.94	Now	Pro	Up $17 since Oct 2
1414	1bd / 1ba	507	$1,048	$2.07	Now	Pro	Up $17 since Oct 2
804	1bd / 1ba	537	$1,058	$1.97	Now	Pro	Up $19 since Oct 2
1712	1bd / 1ba	513	$1,058	$2.06	Now	Pro	Up $15 since Oct 2
801	1bd / 1ba	522	$1,064	$2.04	Now	Pro	Up $15 since Oct 2
1604	1bd / 1ba	537	$1,064	$1.98	Oct 16, 2026	Pro	Down $5 since Sep 25
817	1bd / 1ba	551	$1,082	$1.96	Now	Pro	Up $19 since Oct 2
1117	1bd / 1ba	551	$1,089	$1.98	Nov 13, 2026	Pro	Down $4 since Sep 25
1517	1bd / 1ba	551	$1,093	$1.98	Nov 20, 2026	Pro
606	1bd / 1ba	609	$1,097	$1.80	Now	Pro	Up $17 since Oct 2
310	2bd / 1ba	842	$1,139	$1.35	Now	Pro	Down $20 since Oct 2
1019	1bd / 1ba	630	$1,156	$1.83	Now	Pro	Up $17 since Oct 2
1718	1bd / 1ba	660	$1,164	$1.76	Now	Pro	Up $15 since Oct 2
1219	1bd / 1ba	630	$1,164	$1.85	Oct 7, 2026	Pro
1818	1bd / 1ba	660	$1,174	$1.78	Now	Pro
1210	2bd / 1ba	842	$1,203	$1.43	Now	Pro	Down $25 since Oct 2
309	2bd / 2ba	924	$1,210	$1.31	Now	Pro	Down $20 since Oct 2
509	2bd / 2ba	924	$1,270	$1.37	Now	Pro	Down $22 since Oct 2
1709	2bd / 2ba	924	$1,308	$1.42	Oct 10, 2026	Pro
302	2bd / 2ba	1,048	$1,403	$1.34	Oct 17, 2026	Pro
702	2bd / 2ba	1,048	$1,432	$1.37	Now	Pro	Down $22 since Oct 2
1702	2bd / 2ba	1,048	$1,438	$1.37	Oct 7, 2026	Pro	Down $20 since Sep 23

Garages and parking

Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits.

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Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Louisville, KY notes

No resident notes for this property yet.