Average Rent in Louisville, KY
14 apartment buildings, 121 units. Real asking prices, refreshed daily.
Avg Rent
$1,433/mo
Cheapest
$695/mo
Properties
14
Units
121
Analysis
Rent Price Breakdown
Compare pricing across all 14 properties in Louisville, KY.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Louisville, KY Rent Prices
All 14 properties ranked by lowest available rent.
4RentLouisville, LLC
522 W Ormsby Ave, Louisville, KY 40203, USA
Hampton Place
1549 W Madison St, Louisville, KY 40203, USA
Crescent Centre Apartments & Townhomes
657 S 3rd St, Louisville, KY 40202, USA
800 Tower Apartments
800 S 4th St, Louisville, KY 40203, USA
Grocers Ice Lofts Apartments
609 E Main St, Louisville, KY 40202, USA
The Edge on 4 | Luxury Apartments
555 S 4th St, Louisville, KY 40202, USA
Axis on Lexington Apartments
303 Axis Dr, Louisville, KY 40206, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | 4RentLouisville, LLC 522 W Ormsby Ave, Louisville, KY 40203, USA | $695 | $977 | $1.09 | 4 (8) | 16 |
| 2 | Hampton Place 1549 W Madison St, Louisville, KY 40203, USA | $930 | $1,224 | $1.45 | 4.3 (47) | 4 |
| 3 | Crescent Centre Apartments & Townhomes 657 S 3rd St, Louisville, KY 40202, USA | $940 | $1,126 | $1.21 | 3.9 (193) | 32 |
| 4 | 800 Tower Apartments 800 S 4th St, Louisville, KY 40203, USA | $963 | $1,127 | $1.40 | 3.6 (97) | 5 |
| 5 | Grocers Ice Lofts Apartments 609 E Main St, Louisville, KY 40202, USA | $1,075 | $1,075 | $2.25 | 4.9 (106) | 1 |
| 6 | The Edge on 4 | Luxury Apartments 555 S 4th St, Louisville, KY 40202, USA | $1,225 | $1,573 | $2.11 | 4.8 (285) | 18 |
| 7 | Axis on Lexington Apartments 303 Axis Dr, Louisville, KY 40206, USA | $1,329 | $1,533 | $1.80 | 3.8 (120) | 35 |
Explore Each Property
4RentLouisville, LLC
4 (8)522 W Ormsby Ave, Louisville, KY 40203, USA
Hampton Place
4.3 (47)1549 W Madison St, Louisville, KY 40203, USA
Crescent Centre Apartments & Townhomes
3.9 (193)657 S 3rd St, Louisville, KY 40202, USA
800 Tower Apartments
3.6 (97)800 S 4th St, Louisville, KY 40203, USA
Grocers Ice Lofts Apartments
4.9 (106)609 E Main St, Louisville, KY 40202, USA
The Edge on 4 | Luxury Apartments
4.8 (285)555 S 4th St, Louisville, KY 40202, USA
Louisville, KY Average Rent Prices 2026
The average rent in Louisville, KY is $1,433 per month, based on 121 units across 14 apartment communities. Prices range from $695 at 4RentLouisville, LLC to $1,664 at The Residences at OMNI Louisville Apartments.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| Studio | $1,152/mo | $695/mo | 8 |
| 1 Bed | $1,327/mo | $850/mo | 56 |
| 2 Bed | $1,590/mo | $1,050/mo | 53 |
| 3 Bed | $1,394/mo | $1,227/mo | 4 |
Every price comes directly from each property's leasing system, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Market Context
Who rents in Louisville, KY, and what they pay
Tracked one-bedroom rent in Louisville, KY averages $1,327/mo, with two-bedroom units averaging $1,590/mo. At the local median household income of $64,731, that works out to 27% of gross income, near the 30 percent affordability ceiling.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Louisville, KY at $1,069/mo. The current tracked market average runs 34% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Louisville, KY while the tracked market average covers units currently listed in larger apartment communities.
Who employs renters in Louisville
Demand in the Louisville rental market is shaped by the metro's largest private and public employers. The following organizations anchor local hiring and influence what renters can pay:
- UPS Worldport
- Humana
- Ford Kentucky Truck Plant
- Brown-Forman
- Norton Healthcare
Mean one-way commute in Louisville, KY is 23 minutes, per the Census ACS, useful context when weighing which properties sit inside reasonable reach of these employers.
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
$57,000/year
30 percent rule -- using our average rent of $1,433/mo.
Comfortable income
$69,000/year
25 percent rule -- leaves 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 6% 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) | $1,433 |
| Utilities | $342 |
| Groceries | $509 |
| Transportation | $815 |
| Healthcare | $398 |
| Other goods and services | $636 |
| Estimated total | $4,134/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.
Compare
Nearby cities in Kentucky
How Louisville, KY rent compares to other markets in the state.
| City | Avg Rent | vs Louisville, KY | Properties |
|---|---|---|---|
| Lexington, KY | $1,276 | -11% | 20 |
Frequently asked questions
What is the average rent in Louisville, KY?
The average rent in Louisville, KY is $1,433 per month, based on 121 units across 14 apartment buildings tracked by Average Rent. Prices are updated every morning through our proprietary data sourcing.
What is the cheapest apartment rent in Louisville, KY?
The lowest available rent in Louisville, KY starts at $695 per month. Availability changes daily as leasing data is refreshed each morning.
How much is a 1-bedroom apartment in Louisville, KY?
1-bedroom apartments in Louisville, KY average $1,327/mo. The lowest listed 1-bedroom starts at $850/mo across 56 units tracked.
How much is a 2-bedroom apartment in Louisville, KY?
2-bedroom apartments in Louisville, KY average $1,590/mo. Units start from $1,050/mo across 53 units currently listed.
Rent Trends in Louisville, KY
Track how apartment prices are changing over time.
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