Last updated
Average Rent in Louisville KY & Rent Trends
Rent prices and market trends across 2 apartment communities in Louisville KY. Updated daily.
Market Average
$1,121/mo
▼ 13.1% from last month
Lowest Available
$1,063/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
8
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 |
|---|---|---|---|---|
| Cherokee Triangle | $1,480 | $1,130 | 1 | 31 |
| Downtown | $1,119 | $940 | 1 | 30 |
| Louisville 40203 | $1,096 | $963 | 1 | 6 |
Is Rent Going Up or Down in Louisville KY?
As of April 2026, the average rent in Louisville KY is $1,121 per month across 2 apartment communities and 8 available units. Rents have decreased $194 (13.1%) over the past month.
The most affordable option is 800 Tower Apartments starting at $1,063/mo. By unit type, a studio averages $1,121/mo.
Prices range from $1,063 to $1,210 per month. The most common price point is the $1,000 range, where 7 units are currently listed.
Louisville KY Rent Price History
Rent Price Distribution
Rent by Bedroom Type in Louisville KY
Rent Prices by Apartment in Louisville KY
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| 800 Tower Apartments | $1,063/mo | $1,073/mo | 4 | 3.6 |
| Axis on Lexington Apartments | $1,130/mo | $1,168/mo | 4 | 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 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
$45,000/year
30 percent rule — using our average rent of $1,121/mo.
Comfortable income
$54,000/year
25 percent rule — leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,063/mo), you need to earn at least $43,000/year.
Median household income in Louisville KY is $64,731 — about 20% above 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) | $1,121 |
| Utilities | $342 |
| Groceries | $509 |
| Transportation | $815 |
| Healthcare | $398 |
| Other goods and services | $636 |
| Estimated total | $3,822/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 is 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 for utilities, groceries, transportation, healthcare, and other goods and services 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, 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 2 communities with daily-updated pricing and availability.