Last updated
Average Rent in Louisville 40203 & Rent Trends
Rent prices and market trends across 1 apartment community in Louisville 40203, Louisville KY. Updated daily.
Market Average
$1,073/mo
Lowest Available
$1,063/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
4
available now
Louisville 40203 vs Louisville KY Average
Louisville 40203 is cheaper the Louisville KY average by $211/mo (16%). The citywide average is $1,284/mo across all neighborhoods.
Is Rent Going Up or Down in Louisville 40203?
As of April 2026, the average rent in Louisville 40203 is $1,073 per month across 1 apartment community and 4 available units.
The most affordable option is 800 Tower Apartments starting at $1,063/mo. By unit type, a studio averages $1,073/mo.
Prices range from $1,063 to $1,083 per month. The most common price point is the $1,000 range, where 4 units are currently listed.
Louisville 40203 Rent Price History
Collecting price history
Daily snapshots are being recorded. Trend charts will appear once we have enough data points.
Rent by Bedroom Type in Louisville 40203
Rent Prices by Apartment in Louisville 40203
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| 800 Tower Apartments | $1,063/mo | $1,073/mo | 4 | 3.6 |
Google Search Trends for Louisville 40203 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Louisville 40203
What is the average rent in Louisville 40203?
Is rent going up or down in Louisville 40203?
What is the cheapest apartment in Louisville 40203?
How many apartments are available in Louisville 40203?
What salary do I need to live comfortably in Louisville 40203?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$43,000/year
30 percent rule — using our average rent of $1,073/mo.
Comfortable income
$52,000/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 40203 is $64,731 — about 26% above the comfortable-living threshold.
Cost of living in Louisville 40203
Overall prices in Louisville 40203 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 40203's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,073 |
| Utilities | $342 |
| Groceries | $509 |
| Transportation | $815 |
| Healthcare | $398 |
| Other goods and services | $636 |
| Estimated total | $3,774/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 40203 Apartments
Browse all 1 communities with daily-updated pricing and availability.