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Average Rent in Louisville, KY & Rent Trends

Rent prices and market trends across 8 apartment communities in Louisville, KY. Updated daily.

Market Average

$1,670/mo

Lowest Available

$937/mo

cheapest unit on market

Communities

8

tracked daily

Units Listed

97

available now

Rent Watch: cuts and increases

Open Rent Watch →

1 cuts and 21 increases among 48 comparable listings this week. Filter by bedrooms and budget, then inspect each building’s history.

Rent by Neighborhood in Louisville, KY

Compare average rent across Louisville, KY neighborhoods. Click any area to see detailed trends. View these neighborhoods on the rent map

Neighborhood Avg Rent 30d Change From Properties Units
Downtown $2,022 ▼  $114 $1,105 4 50
Cherokee Triangle $1,363 ▼  $66 $1,099 1 34
Louisville 40203 $1,122 ▼  $53 $937 3 13

Is Rent Going Up or Down in Louisville, KY?

As of October 2026, the average rent in Louisville, KY is $1,670 per month across 8 apartment communities and 97 available units.

The most affordable option is 800 Tower Apartments starting at $937/mo. By unit type, a studio averages $1,265/mo, a 1-bedroom averages $1,423/mo, a 2-bedroom averages $2,477/mo, a 3-bedroom averages $2,687/mo.

Prices range from $937 to $4,320 per month. The most common price point is the $1,200 range, where 27 units are currently listed.

Louisville, KY Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
May 2026 $1,478 - 10
June 2026 $1,455 -$23 11
July 2026 $1,455 $0 12
August 2026 $1,503 +$48 13
September 2026 $1,401 -$102 12
October 2026 $1,411 +$10 11

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Louisville, KY

Studio
$1,265
from $1,099 · 5 units
1 Bed
$1,423
from $937 · 50 units
2 Bed
$2,477
from $1,115 · 21 units
3 Bed
$2,687
from $1,314 · 3 units

Rent Prices by Apartment in Louisville, KY

Property Starting at Average Units Rating
800 Tower Apartments $937/mo $937/mo 1 3.6
Lofts of Broadway $950/mo $1,133/mo 9 4.1
Highlands Station $1,099/mo $1,363/mo 34 4.3
Grocers Ice Lofts Apartments $1,105/mo $1,274/mo 4 4.9
Hampton Place $1,115/mo $1,150/mo 3 4.3
The Edge on 4 | Luxury Apartments $1,219/mo $1,744/mo 28 4.8
Main & Clay Apartments $1,314/mo $1,314/mo 1 4.4

Frequently Asked Questions About Rent in Louisville, KY

What is the average rent in Louisville, KY?

The average rent in Louisville, KY is $1,670 per month as of October 2026, based on 97 units across 8 apartment communities.

Is rent going up or down in Louisville, KY?

The current average rent in Louisville, KY is $1,670/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Louisville, KY?

The most affordable apartment in Louisville, KY is 800 Tower Apartments with units starting at $937/mo.

How much is a 1-bedroom apartment in Louisville, KY?

A 1-bedroom apartment in Louisville, KY averages $1,423/mo, with prices starting at $937/mo across 50 available units.

How many apartments are available in Louisville, KY?

There are 97 units available across 8 apartment communities 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

$67,000/year

Based on the 30 percent rule, using our tracked average rent of $1,670/mo.

Comfortable income

$80,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($937/mo), you need to earn at least $37,000/year.

Median household income in Louisville, KY is $64,731 , about 19% 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) $1,670
Utilities $342
Groceries $509
Transportation $815
Healthcare $398
Other goods and services $636
Estimated total $4,371/mo

Population

627,210

Median household income

$64,731

Census median rent

$1,069/mo

Census rent burden

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.

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