Last updated
Average Rent in Louisville, KY & Rent Trends
Rent prices and market trends across 7 apartment communities in Louisville, KY. Updated daily.
Market Average
$1,576/mo
▲ +2.4% from last month
Lowest Available
$1,035/mo
cheapest unit on market
Communities
7
tracked daily
Units Listed
55
available now
Price Cuts This Week in Louisville, KY
34 listed units across 2 buildings offering 2 bed units in Louisville, KY dropped their asking rent in the past 7 days, an average cut of $77/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Axis on Lexington Apartments | Unit 304-208, Cooper | $1,399 | $1,271 | $128 |
| Axis on Lexington Apartments | Unit 300-511, Spring | $1,670 | $1,550 | $120 |
| Axis on Lexington Apartments | Unit 300-114, Baxter | $1,216 | $1,103 | $113 |
| Axis on Lexington Apartments | Unit 300-209, Baxter | $1,253 | $1,144 | $109 |
| Axis on Lexington Apartments | Unit 300-515, Spring | $1,667 | $1,580 | $87 |
| Axis on Lexington Apartments | Unit 300-203, Spring | $1,641 | $1,556 | $85 |
| Axis on Lexington Apartments | Unit 301-305, Market | $1,604 | $1,519 | $85 |
| Axis on Lexington Apartments | Unit 302-201, Lexington | $1,735 | $1,650 | $85 |
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 | $1,542 | ▼ $96 | $915 | 5 | 59 |
| Clifton | $1,475 | ▼ $7 | $1,262 | 1 | 5 |
| Cherokee Triangle | $1,427 | ▲ $50 | $1,103 | 2 | 48 |
| Louisville 40203 | $1,162 | ▼ $122 | $958 | 4 | 15 |
Is Rent Going Up or Down in Louisville, KY?
As of August 2026, the average rent in Louisville, KY is $1,576 per month across 7 apartment communities and 55 available units. Rents have increased $39 (2.4%) over the past month.
The most affordable option is Crescent Centre Apartments & Townhomes starting at $1,035/mo. By unit type, a 2-bedroom averages $1,576/mo.
Prices range from $1,035 to $4,088 per month. The most common price point is the $1,000 range, where 23 units are currently listed.
Louisville, KY Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| May 2026 | $1,603 | - | 7 |
| June 2026 | $1,640 | +$37 | 8 |
| July 2026 | $1,636 | -$4 | 8 |
| August 2026 | $1,720 | +$84 | 8 |
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.
Rent Price Distribution
Rent by Bedroom Type in Louisville, KY
Rent Prices by Apartment in Louisville, KY
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Crescent Centre Apartments & Townhomes | $1,035/mo | $1,103/mo | 22 | 3.9 |
| Hampton Place | $1,135/mo | $1,135/mo | 2 | 4.3 |
| Highlands Station | $1,489/mo | $1,653/mo | 4 | 4.3 |
| Axis on Lexington Apartments | $1,502/mo | $1,590/mo | 17 | 3.8 |
| Grocers Ice Lofts Apartments | $1,525/mo | $1,525/mo | 1 | 4.9 |
| The Edge on 4 | Luxury Apartments | $1,979/mo | $2,067/mo | 4 | 4.8 |
| The Residences at OMNI Louisville Apartments | $2,563/mo | $3,343/mo | 5 | 4.4 |
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 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
$63,000/year
Based on the 30 percent rule, using our tracked average rent of $1,576/mo.
Comfortable income
$76,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,035/mo), you need to earn at least $41,000/year.
Median household income in Louisville, KY is $64,731 , about 14% 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) | $1,576 |
| Utilities | $342 |
| Groceries | $509 |
| Transportation | $815 |
| Healthcare | $398 |
| Other goods and services | $636 |
| Estimated total | $4,277/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.
Google Search Trends for Louisville, KY Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Louisville, KY Apartments
Browse all 7 communities with daily-updated pricing and availability.