Last updated
Average Rent in Louisville, KY & Rent Trends
Rent prices and market trends across 11 apartment communities in Louisville, KY. Updated daily.
Market Average
$1,398/mo
▲ +1.4% from last month
Lowest Available
$695/mo
cheapest unit on market
Communities
11
tracked daily
Units Listed
130
available now
Rent by Neighborhood in Louisville, KY
Compare average rent across Louisville, KY neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | From | Properties | Units |
|---|---|---|---|---|
| Downtown | $1,540 | $880 | 5 | 64 |
| Cherokee Triangle | $1,434 | $955 | 2 | 34 |
| Louisville 40203 | $1,076 | $695 | 4 | 32 |
Is Rent Going Up or Down in Louisville, KY?
As of June 2026, the average rent in Louisville, KY is $1,398 per month across 11 apartment communities and 130 available units. Rents have increased $19 (1.4%) over the past month.
The most affordable option is 4RentLouisville, LLC starting at $695/mo. By unit type, a studio averages $1,185/mo, a 1-bedroom averages $1,267/mo, a 2-bedroom averages $1,531/mo, a 3-bedroom averages $1,788/mo.
Prices range from $695 to $4,270 per month. The most common price point is the $1,000 range, where 33 units are currently listed.
Louisville, KY Rent Price History
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Louisville, KY
Rent Prices by Apartment in Louisville, KY
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| 4RentLouisville, LLC | $695/mo | $955/mo | 14 | 4 |
| Crescent Centre Apartments & Townhomes | $880/mo | $1,089/mo | 36 | 3.9 |
| 800 Tower Apartments | $903/mo | $1,066/mo | 5 | 3.6 |
| Hampton Place | $930/mo | $1,224/mo | 4 | 4.3 |
| Elevate at NULU Apartment Homes | $955/mo | $1,033/mo | 4 | 4.1 |
| Lofts of Broadway | $1,120/mo | $1,206/mo | 9 | 4.1 |
| Axis on Lexington Apartments | $1,229/mo | $1,487/mo | 30 | 3.8 |
Google Search Trends for Louisville, KY Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Louisville, KY
What is the average rent in Louisville, KY?
Is rent going up or down in Louisville, KY?
What is the cheapest apartment in Louisville, KY?
How much is a 1-bedroom apartment in Louisville, KY?
How many apartments are available in Louisville, KY?
What salary do I need to live comfortably in Louisville, KY?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$56,000/year
Based on the 30 percent rule, using our tracked average rent of $1,398/mo.
Comfortable income
$67,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($695/mo), you need to earn at least $28,000/year.
Median household income in Louisville, KY is $64,731 , about 4% below the comfortable-living threshold.
Cost of living in Louisville, KY
Overall prices in Louisville, KY runs below the national average by about 7% (BEA Regional Price Parity index 93.2, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Louisville, KY's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,398 |
| Utilities | $342 |
| Groceries | $509 |
| Transportation | $815 |
| Healthcare | $398 |
| Other goods and services | $636 |
| Estimated total | $4,099/mo |
Population
627,210
Median household income
$64,731
Census median rent
$1,069/mo
Rent as % of income
28.6%
Median age
37.7
Mean commute
23 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Louisville, KY Apartments
Browse all 11 communities with daily-updated pricing and availability.