Last updated
Average Rent in Downtown & Rent Trends
Rent prices and market trends across 1 apartment community in Downtown, Louisville KY. Updated daily.
Market Average
$1,119/mo
▲ +0.1% from last month
Lowest Available
$940/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
30
available now
Downtown vs Louisville KY Average
Downtown is cheaper the Louisville KY average by $165/mo (13%). The citywide average is $1,284/mo across all neighborhoods.
Is Rent Going Up or Down in Downtown?
As of April 2026, the average rent in Downtown is $1,119 per month across 1 apartment community and 30 available units. Rents have increased $1 (0.1%) over the past month.
The most affordable option is Crescent Centre Apartments & Townhomes starting at $940/mo. By unit type, a 1-bedroom averages $989/mo, a 2-bedroom averages $1,165/mo.
Prices range from $940 to $1,335 per month. The most common price point is the $1,000 range, where 19 units are currently listed.
Downtown Rent Price History
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Downtown
Rent Prices by Apartment in Downtown
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Crescent Centre Apartments & Townhomes | $940/mo | $1,119/mo | 30 | 3.9 |
Google Search Trends for Downtown Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Downtown
What is the average rent in Downtown?
Is rent going up or down in Downtown?
What is the cheapest apartment in Downtown?
How much is a 1-bedroom apartment in Downtown?
How many apartments are available in Downtown?
What salary do I need to live comfortably in Downtown?
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 $1,119/mo.
Comfortable income
$54,000/year
25 percent rule — leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($940/mo), you need to earn at least $38,000/year.
Median household income in Downtown is $64,731 — about 21% above the comfortable-living threshold.
Cost of living in Downtown
Overall prices in Downtown 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 Downtown's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,119 |
| Utilities | $342 |
| Groceries | $509 |
| Transportation | $815 |
| Healthcare | $398 |
| Other goods and services | $636 |
| Estimated total | $3,820/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 Downtown Apartments
Browse all 1 communities with daily-updated pricing and availability.