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3 Bedroom Apartments for Rent in Louisville, KY - 72 Rentals available

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Louisville, KY Demographics

  • Total Population730,369
  • Female 352,769
    Male 377,601
  • Median Age38

Average Rent for 3 Bedroom apartments in Louisville, KY

  • The average rent for a 3 Bedroom apartment in Louisville, KY, November 2018$896/mo
  • 1 Bedroom$793
  • 2 Bedrooms$903
  • 3 Bedrooms$1,200

Louisville, KY 3 Bedroom Apartment Rent Ranges

  • $501-$7001%
  • $701-$1,00034%
  • $1,001-$1,50047%
  • $1,501-$2,00016%
  • > $2,0001%

Louisville, KY 3 Bedroom Apartment Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Nov / 2018 $896 $1,200
Jan / 2018 $892 $1,200
Sept / 2017 $891 $1,205
May / 2017 $890 $1,206
Jan / 2017 $875 $1,184
Sept / 2016 $867 $1,173
May / 2016 $862 $1,176
Jan / 2016 $841 $1,145
Sept / 2015 $829 $1,130
May / 2015 $827 $1,136
/

Louisville, KY Households

  • Total Number of Households296,029
  • Family 179,500
    Non-family 116,529
  • Children 86,889
    No Children 209,141
  • Average People Per Household2.51
  • Median Household Income$45,902
  • Median Housing Costs Per Month$840

Louisville, KY Education Statistics

  • No High School3%
  • Some High School36%
  • Some College25%
  • Associate Degree7%
  • Bachelor Degree17%
  • Graduate Degree11%

Renting a 3 bedroom apartment in Louisville, KY

Upgrading to a 3 bedroom apartment can have its pros and cons. Most renters who are looking for a three bedroom rental is because they need extra space for a home office, or for a child. This size apartment is also practical to share with roommates as it actually saves money on rent when 3 or 4 people get together to rent a 3 bedroom unit. They are very spacious, averaging around 1,222 Sqft. Or you can get even more space if you select “3+” beds in the top menu. The only down side is that they cost more. In Louisville, KY, rents on 3 bedroom apartments go up to $2,615. 40 rental properties offer 3 bedroom units in Louisville, KY to choose from. You are more likely to find 3 bedroom apartments in primarily residential neighborhoods, away from business districts and urban cores.

Tips on finding a cheap 3 bedroom apartment in Louisville, KY

For most renters, the cost of rent is the major pain point. The larger the apartment, the more money comes out of their pocket. For that reason, cheap 3 bedroom apartments are in high demand and hard to come by. Though rent prices can go as low as $635 in Louisville, KY, the market is still tight. But with a little diligence and some handy search tools, you will find an affordable apartment. Try an area that’s further away from the main city attractions, or try an older building that may have cheaper apartments and a ton of charm. Try searching in more affordable neighborhoods, like Shawnee or another nearby. Sometimes lower-priced residential areas have diversity and ethnic authenticity that lend them a lot of character and color.