Last updated
Average Rent in Cherokee Triangle & Rent Trends
Rent prices and market trends across 2 apartment communities in Cherokee Triangle, Louisville, KY. Updated daily.
Market Average
$1,434/mo
Lowest Available
$955/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
34
available now
Cherokee Triangle vs Louisville, KY Average
Cherokee Triangle is more expensive the Louisville, KY average by $36/mo (3%). The citywide average is $1,398/mo across all neighborhoods.
Is Rent Going Up or Down in Cherokee Triangle?
As of June 2026, the average rent in Cherokee Triangle is $1,434 per month across 2 apartment communities and 34 available units.
The most affordable option is Elevate at NULU Apartment Homes starting at $955/mo. By unit type, a studio averages $1,092/mo, a 1-bedroom averages $1,343/mo, a 2-bedroom averages $1,582/mo.
Prices range from $955 to $1,790 per month. The most common price point is the $1,200 range, where 15 units are currently listed.
Cherokee Triangle Rent Price History
Collecting price history
Daily snapshots are being recorded. Trend charts will appear once we have enough data points.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Cherokee Triangle
Rent Prices by Apartment in Cherokee Triangle
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Elevate at NULU Apartment Homes | $955/mo | $1,033/mo | 4 | 4.1 |
| Axis on Lexington Apartments | $1,229/mo | $1,487/mo | 30 | 3.8 |
Google Search Trends for Cherokee Triangle Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Cherokee Triangle
What is the average rent in Cherokee Triangle?
Is rent going up or down in Cherokee Triangle?
What is the cheapest apartment in Cherokee Triangle?
How much is a 1-bedroom apartment in Cherokee Triangle?
How many apartments are available in Cherokee Triangle?
What salary do I need to live comfortably in Cherokee Triangle?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$57,000/year
Based on the 30 percent rule, using our tracked average rent of $1,434/mo.
Comfortable income
$69,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($955/mo), you need to earn at least $38,000/year.
Median household income in Cherokee Triangle is $64,731 , about 6% below the comfortable-living threshold.
Cost of living in Cherokee Triangle
Overall prices in Cherokee Triangle 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 Cherokee Triangle's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,434 |
| Utilities | $342 |
| Groceries | $509 |
| Transportation | $815 |
| Healthcare | $398 |
| Other goods and services | $636 |
| Estimated total | $4,135/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 Cherokee Triangle Apartments
Browse all 2 communities with daily-updated pricing and availability.