100 Best Apartments in Louisville, KY (with reviews)

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Average rent in Louisville, KY

$1,158/mo Louisville, KY average rental price, July 2022

The average monthly rent of apartments in Louisville, KY is $1,158.

Louisville, KY apartment rent ranges

About 43% of apartment rents in Louisville, KY range between $1,001-$1,500. Meanwhile, apartments priced over $1,501-$2,000 represent 12% of apartments. Around 37% of Louisville’s apartments are in the $701-$1,000 price range. 5% of apartments are priced between $501-$700.

Louisville, KY rent trends

Check out the average rent prices in Louisville by neighborhood.

Compared to the national average rent of $1,706, the average rent in Louisville, KY is $1,158.

Frequently asked questions

When were prices and availability in Louisville, KY last updated?

Prices and availability in Louisville, KY were last updated on 3 Oct 2022.

What are the best apartments in Louisville, KY?

The best apartments in Louisville, KY are: Park Place Apartments, The Overlook at St. Thomas, Station J-Town by ARIUM, Grocers Ice Lofts and Myers Medical Lofts.

What is the average rent in Louisville, KY?

The average rent in Louisville, KY is $1,158. Start your search for apartments in Louisville, KY now.

What is the price range for a studio apartment in Louisville, KY?

The price range for a studio apartment in Louisville, KY is between $729 and $2,109. View all studio apartments in Louisville, KY.

What is the price range for a 1-bedroom apartment in Louisville, KY?

The price range for a 1-bedroom apartment in Louisville, KY is between $495 and $4,181. Browse all available 1-bedroom apartments in Louisville, KY now.

What is the price range for a 2-bedroom apartment in Louisville, KY?

The price range for a 2-bedroom apartment in Louisville, KY is between $739 and $4,306. Browse and find a 2-bedroom apartment in Louisville, KY.

What is the price range for a 3-bedroom apartment in Louisville, KY?

The price range for a 3-bedroom apartment in Louisville, KY is between $784 and $7,911. Browse all available 3-bedroom apartments in Louisville, KY.

What type of rental buildings are in Louisville, KY?

In Louisville, 38% of the residents are renting compared to 62% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 8% of Louisville’s rentals, 61% are small-scale complexes with under 50 units, and 30% are single-family rentals.

What do typical apartment communities look like in Louisville, KY?

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city.  In this case, the apartment buildings in Louisville are about 35 years old, on average. Of these, 32% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About 90% of the rental communities here are low-rise, garden-style communities, 6% are mid-rises, and 4% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

What apartment floorplans are common in Louisville, KY?

Studio apartments in Louisville are around 4% of rentals, while 1-bedroom floor plans represent 35% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 51% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.

Louisville, KY in the news

Cities With Most Apartment Space Per Person in 2022: Renters Live Largest in the Midwest

Renters in Louisville, KY have a great deal of personal space to roam around, at 706 square feet, or just more than 2 rooms. The average number of persons living under the same roof is 1.29. Regardless of the reason behind making the move to this city — be it the Kentucky Derby, Kentucky bourbon or a passion for college basketball — renters enjoy an affordable cost of living in Louisville compared to other cities of similar size.

Year-End Report 2020: Rental Season Delayed and Cut Short, Gen Z Renters Overtake Gen X, and Big City Rents Drop

In the top cities that registered a decrese in renter applications in 2020, Louisville comes in third, with a 11% decrease in renters on the move compared to 2019.

The Best Cities for Millennial Renters: Austin Challenges Seattle for the Throne

Louisville attracts Millennial renters mostly from in-state cities or nearby towns — the city is still developing as economic and cultural Gen Y hub, so it still has a ways to go before competing with the nation’s largest urban cores.

Renter's guide to Louisville, KY

Put on your fanciest hat and come to Derby City! Deemed one of the “Best Places to Travel” by Travel + Leisure Magazine, Louisville's a southern city with a mix of both classy and cool. It's also the home of the annual Kentucky Derby horse racing event.

Louisville sits on the border of Indiana. It's about one-and-a-half times as large as Lexington, which is just 80 miles away, and four times bigger than Cincinnati, which is 83 miles to the north.

The weather in Louisville is seasonal, with average high temperatures in July of 88°F, and January averages around 25°F. Typical snowfall in the winter is close to 12 inches, while Louisville roughly 195 sunny days per year.

Tips for renting in Louisville, KY

If you’re ready to make the city your new home, there are a few things you should know about renting in Louisville.

In Kentucky, a landlord can terminate your lease if your rent is overdue by seven days. Another unique feature of the state's landlord’s rights is that you must notify your them if you plan to leave your rental for seven or more days, like on a vacation.

If you don’t, you're liable for any damage while you’re gone. If your rental is empty for more than seven days, the landlord has a right to enter the property at any time, even if there's no emergency.

Louisville, KY demographics

741,246Total Population
383,674 Female

357,572 Male
38Median Age

Louisville, KY has a population of 741,246 according to the most recent data from the U.S. Census Bureau. 383,674 of Louisville’s residents are women and 357,572 are men. The median age of those who live in Louisville, KY is 38.

Living in Louisville, KY

Some of the advantages of living in Louisville include its mild climate, low cost of living, and central location to so many other cities, like Cincinnati.

But one disadvantage is the city's air pollution. Environmental Defense ranked Louisville’s air quality the country’s 38^th-worst. Stagnant air over the Ohio River Valley lingers and traps pollution from power plants and automobile emissions.

Louisville, KY households

179,653 Family

124,322 Non-family
84,821 Children

219,154 No Children

303,975Total Number of Households
2.45Average People Per Household
$55,302Median Household Income

According to U.S. Census data, there are 303,975 households in Louisville, KY. 179,653 are family households and 124,322 are non-family households. There are 84,821 households with children in Louisville and 219,154 households without children. On average, about 2.45 people live in a household in Louisville, KY.

Things to do in Louisville, KY

There are so many things to do here. In fact, AARP Travel named Louisville the #1 “Best U.S. City to Visit”.

No trip to the city is complete without a stop at Churchill Downs, home of the famed Kentucky Derby horse races. Two weeks prior to the actual races, the Kentucky Derby Festival kicks off, featuring parades, hot air balloon races, a marathon, and even the Great Steamboat Race. The Thunder Over Louisville gets it all started with the largest fireworks display in the country.

Other fun things to do in Louisville include the annual five-day long Abbey Road on the River, the biggest Beatles festival in the world. Then there's the Forecastle Festival, a music and art festival that attracts national recording artists and over 35,000 concertgoers.

Music, in general, is plentiful in the city. In fact, Time magazine called Louisville one of “America’s Best Music Scenes”.

The Kentucky State Fair takes place here every summer, while Kentucky Bourbon Festival celebrates the state’s favorite libation. Whatever you do, don’t forget to taste some of the city’s food. USA Today named Louisville the second best local food scene in the country.

Kids will enjoy a visit to the Kentucky Science Center, which features interactive, hands-on exhibits. Baseball fans will enjoy the Louisville Slugger Museum. And for skateboarding fans, the Louisville Extreme Park is a 24-hour skate park designed by legendary pro skater Tony Hawk.

Renaissance Fun Park has laser tag, mini golf, and go-karts. Even more family fun can be had at Louisville's Waterfront Park, which features two playgrounds and plenty of water play. Then there's the Community Boathouse, with canoeing, kayaking, and rowing, while Iroquois Park provides a serene space to relax and check out events at its outdoor amphitheater.

Louisville doesn't have any professional sports teams, but the Class AAA Louisville Bats baseball team play at the Louisville Slugger Field, and the Derby City Soccer and Louisville City FC soccer teams both attract big crowds.

The city is also home to numerous cultural institutions. The largest and oldest art museum in Kentucky is the local Speed Art Museum, which features over 12,000 pieces. “Museum Row”, in the West Main District downtown, is home to the Frazier History Museum, the Kentucky Museum of Art and Craft, and The Muhammad Ali Center, which houses plenty of the boxing GOAT’s memorabilia.

Theater fans get the Kentucky Shakespeare Festival and the Humana Festival of New American Plays. If that weren't enough, the Kentucky Center is home to the Louisville Ballet, the Louisville Orchestra, StageOne Family Theatre, and the Kentucky Opera.

Louisville, KY employment & economy

Glassdoor named Louisville a “Top 10 City for Jobs”. Shipping, health care, and medicine are among the major industries here, which includes both UPS’s global air-freight and Humana health insurance. A downtown medical research campus also helps spur jobs, as well as the city’s economy.

One-third of the American whisky made in the US comes from Louisville, and Brown-Forman and Heaven Hill distilleries are both in town. There are a growing number of craft beer breweries here, as well. GE Appliances & Lighting is headquartered in Louisville, and two Ford Plants operate here. The city is also home to Yum! Brands, Hillerich & Bradsby (makers of the Louisville Slugger), and Crosley Radio.

Education in Louisville, KY

The University of Louisville, Boyce College, Spalding University, and Bellarmine University all call Louisville home – and help add to the diversity of the city. Numerous two-year, business, and technical schools are also spread throughout the area.

Louisville Public Schools are some of the best in the state. According to US News & World Report’s Best Schools ranking, Louisville’s Dupont Manual High School is ranked 1st in the state and 154^th in the U.S. Atherton High School is #8 in Kentucky, Brown School is #9, and Louisville Male High School is ranked 12^th.

Louisville, KY education statistics

The level of education of the population of Louisville, KY is as follows: 3% have no high school education, 33% completed some high school, 27% partially completed college, 8% have an Associate Degree, 19% have a Bachelor Degree, and 11% have a Graduate Degree.

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Whether you're looking for a studio, an apartment with one or more bedrooms, or maybe you're upgrading to a luxury apartment or need to acommodate a pet, RentCafe allows you to easily search for a rental near you based on your criteria, anywhere in the U.S. So, let's find your new home today!

RentCafe is your one-stop shop for finding a great new apartment in Louisville, KY. Easily search through a wide selection of apartments for rent in Louisville, KY, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Louisville, KY apartments with rents starting from $724 and submit your rental application today!

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Apartments for Rent in Louisville, KY 1,081 Rentals Available

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