Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Louisville, KY Rental Market Trends
Highlights
The average rent for an apartment in Louisville is $999, a 2% increase compared to the previous year.
Average Rent in Louisville, KY
Last updated January 2021
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $999 | 2% | 936 sq. ft. |
The average size for a Louisville, KY apartment is 936 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Louisville, KY Apartment Rent Ranges
- < $5001%
- $501-$70010%
- $701-$1,00050%
- $1,001-$1,50032%
- $1,501-$2,0004%
- > $2,0002%
Louisville, KY Occupied Housing Units
- Renter-occupied Households40%
- Owner-occupied Households59%
121,920 or 40% of the households in Louisville, KY are renter-occupied while 178,787 or 59% are owner-occupied.
Louisville, KY Rent Trends
| Average Rent | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Jan / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Louisville, KY | $898 | $897 | $924 | $925 | $939 | $972 | $964 | $974 | $986 | $994 | $999 |
| National | $1,309 | $1,311 | $1,342 | $1,351 | $1,356 | $1,388 | $1,395 | $1,397 | $1,389 | $1,392 | $1,392 |
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Average Rent in Louisville, KY By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Algonquin | $1,707 |
| University | $1,707 |
| Taylor Berry | $1,612 |
| Old Louisville | $1,362 |
| Shelby Park | $1,362 |
| South Louisville | $1,330 |
| Cherokee Triangle | $1,308 |
| Germantown | $1,308 |
| Highlands | $1,308 |
| Paristown Pointe | $1,308 |
| Tyler Park | $1,308 |
| Cherokee Seneca | $1,265 |
| Merriwether | $1,253 |
| Parkway Village | $1,253 |
| Saint Joseph | $1,253 |
| Schnitzelburg | $1,253 |
| Aiken Investments Farm | $1,177 |
| Ashmoor Woods | $1,177 |
| Bridgemore Estates | $1,177 |
| Brookfield | $1,177 |
| Brooks View Estate | $1,177 |
| Chatham Park | $1,177 |
| Claibourne Crossings | $1,177 |
| Coldstream | $1,177 |
| Copperfield | $1,177 |
| English Station | $1,177 |
| Fairfield | $1,177 |
| Flatrock Ridge | $1,177 |
| Forest Springs | $1,177 |
| Forest Springs North | $1,177 |
| Fox Run | $1,177 |
| Gardiner Park | $1,177 |
| Glen Lakes | $1,177 |
| Lake Forest | $1,177 |
| Locust Creek | $1,177 |
| Long Run Estates | $1,177 |
| Meadows at Polo Fields | $1,177 |
| Meremont | $1,177 |
| Notting Hill | $1,177 |
| Oakhurst | $1,177 |
| Persimmon Ridge | $1,177 |
| Pinnacle Gardens | $1,177 |
| Polo Fields Lake | $1,177 |
| Reserve of Polo Fields | $1,177 |
| Sycamore Ridge Estates | $1,177 |
| The Ridge at Old Henry | $1,177 |
| Valencia | $1,177 |
| Valhalla Vista | $1,177 |
| Westport Ridge | $1,177 |
| Willow Cove | $1,177 |
| Woodbourne | $1,177 |
| Woodmont | $1,177 |
| Worthington Hills | $1,177 |
| Phoenix Hill | $1,171 |
| Woodland Hills | $1,147 |
| Douglass Hills | $1,143 |
| Anchorage | $1,142 |
| Berrytown | $1,142 |
| Blue Ridge Manor | $1,142 |
| Cherokee Court | $1,142 |
| Eastpoint Parkway | $1,142 |
| Foxgate | $1,142 |
| Little Hills | $1,142 |
| Meadowbrook Farm | $1,142 |
| Sycamore | $1,142 |
| Wildwood | $1,142 |
| Willow Wood | $1,142 |
| Westport Industrial Park | $1,133 |
| Indian Springs | $1,121 |
| Irish Hill | $1,113 |
| Asbury Park | $1,106 |
| Barbour Manor | $1,106 |
| Beech Spring Farm | $1,106 |
| Broeck Pointe | $1,106 |
| Brownsboro Farm | $1,106 |
| Chamberlain Square | $1,106 |
| Cobblestone | $1,106 |
| Craigs Creek | $1,106 |
| Creekside | $1,106 |
| Elmcroft | $1,106 |
| Falls Creek | $1,106 |
| Fincastle | $1,106 |
| Green Spring | $1,106 |
| Hickory Hill | $1,106 |
| Manor Creek | $1,106 |
| Park Place | $1,106 |
| Rock Springs | $1,106 |
| Sanctuary Bluff | $1,106 |
| Spring Creek | $1,106 |
| Spring Valley | $1,106 |
| Springhurst | $1,106 |
| Summit Ridge | $1,106 |
| Ten Broeck | $1,106 |
| Valencia at Springhurst | $1,106 |
| Village of Old St Andrews | $1,106 |
| Wemberley Hill Gardens | $1,106 |
| Wolfcreek | $1,106 |
| Worthington Place | $1,106 |
| Meadow Vale | $1,104 |
| Moorland | $1,102 |
| Academy Estates | $1,097 |
| Echo Trails Farm | $1,097 |
| Landis Lakes | $1,097 |
| Middletown | $1,095 |
| Bellemeade | $1,092 |
| Barbourmeade | $1,082 |
| Langdon Place | $1,082 |
| Murray Hill | $1,082 |
| Glenview Hills | $1,081 |
| Hills and Dales | $1,081 |
| Thornhill | $1,081 |
| Lyndon | $1,080 |
| Smoketown Jackson | $1,071 |
| Crossgate | $1,059 |
| Glenview Manor | $1,059 |
| Graymoor - Devondale | $1,059 |
| Hurstbourne | $1,059 |
| Norwood | $1,059 |
| Oxmoor | $1,059 |
| Northfield | $1,051 |
| St. Matthews | $1,051 |
| Bancroft | $1,047 |
| Louisville Central Business District | $1,041 |
| Beechwood Village | $1,040 |
| Bellewood | $1,040 |
| Brownsboro Village | $1,040 |
| Druid Hills | $1,040 |
| Indian Hills | $1,040 |
| Maryhill Estates | $1,040 |
| Mockingbird Valley | $1,040 |
| Norbourne Estates | $1,040 |
| Richlawn | $1,040 |
| Riverwood | $1,040 |
| Rolling Fields | $1,040 |
| Windy Hills | $1,040 |
| Woodlawn Park | $1,040 |
| Jeffersontown | $1,035 |
| Billtown Farms | $1,035 |
| Bolling Brook | $1,035 |
| Bradford Commons | $1,035 |
| Bridges of Razor Creek | $1,035 |
| Bristol Oaks | $1,035 |
| Brookhurst | $1,035 |
| Crystal Valley Estates | $1,035 |
| Deer Trace Estates | $1,035 |
| Dove Point | $1,035 |
| Forest Hills | $1,035 |
| Grand Lakes | $1,035 |
| Hill Ridge | $1,035 |
| Hurstbourne Ridge | $1,035 |
| Hurstbourne Woods | $1,035 |
| Lake of the Woods | $1,035 |
| Landherr Estates | $1,035 |
| Lone Oak | $1,035 |
| Pine Valley Estates | $1,035 |
| Poplar Lakes | $1,035 |
| Saratoga Springs | $1,035 |
| Saratoga Woods | $1,035 |
| Signature Point | $1,035 |
| Silver Oaks | $1,035 |
| Stone Lakes | $1,035 |
| Vantage Point | $1,035 |
| Woods of Fox Creek | $1,035 |
| Bowman | $1,034 |
| Brownsboro Zorn | $1,033 |
| Crescent Hill | $1,033 |
| Rockcreek Lexington | $1,033 |
| Butchertown | $1,024 |
| Cherokee Gardens | $1,024 |
| Clifton | $1,024 |
| Clifton Heights | $1,024 |
| Audubon | $1,012 |
| Poplar Level | $1,004 |
| Briarwood | $1,002 |
| Goose Creek | $1,002 |
| Old Brownsboro Place | $1,002 |
| Plantation | $1,002 |
| Rolling Hills | $1,002 |
| Westwood | $1,002 |
| Apple Valley | $995 |
| Beulah Church | $995 |
| Brookshire | $995 |
| Catalpa Springs | $995 |
| Cedar Brook | $995 |
| Green Ridge Manor | $995 |
| Hurstbourne Heights | $995 |
| Ivy Hill | $995 |
| Pleasant Valley | $995 |
| Spring Mill | $995 |
| Villas at Arbor Creek | $995 |
| Welchire Falls | $995 |
| The Farms at Lovers Lane | $980 |
| Willow Springs | $980 |
| Heritage Creek | $969 |
| Maple Grove | $969 |
| Ashbrook Gardens | $958 |
| Caven Village | $958 |
| Cooper Farms | $958 |
| Creekview | $958 |
| Heritage Creek West | $958 |
| Hillview | $958 |
| Hunters Hollow | $958 |
| Indian Falls | $958 |
| Lakeview Acres | $958 |
| Larkgrove | $958 |
| Larkgrove Estates | $958 |
| Lone Acres | $958 |
| Park Lake Village | $958 |
| Primrose Meadows | $958 |
| Ripple Creek | $958 |
| Silver Heights | $958 |
| Timberbend | $958 |
| Treasure Island | $958 |
| Wallace | $958 |
| Washington Green | $958 |
| Avondale Melbourne Heights | $954 |
| Cambridge | $954 |
| Hikes Point | $954 |
| Houston Acres | $954 |
| Hurstbourne Acres | $954 |
| Hurstbourne Springs | $954 |
| Lincolnshire | $954 |
| Meadowview Estates | $954 |
| Regency Woods | $954 |
| Sheffield Manor | $954 |
| St. Regis Park | $954 |
| Hillwood | $937 |
| Hollow Creek | $937 |
| Woodridge Crossings | $937 |
| Bethany Acres | $935 |
| Bethany Oaks | $935 |
| Bridgegate | $935 |
| De Nada Gates | $935 |
| Dixie Gardens | $935 |
| Fawn Lakes | $935 |
| Golden Meadows | $935 |
| Green Valley | $935 |
| Hardwood Forest | $935 |
| Hyview Estates | $935 |
| Leemont Acres | $935 |
| Meadowlawn | $935 |
| Meadowview Park | $935 |
| Mooreland | $935 |
| Orell Station | $935 |
| Pinnacle Place | $935 |
| Prairie Village | $935 |
| Stoneridge Landing | $935 |
| Sun Valley | $935 |
| Timothy Hills | $935 |
| Twilight Village | $935 |
| Valley Farms | $935 |
| Valley Gardens | $935 |
| Valley Village | $935 |
| Villa Anna | $935 |
| Windsor Forest | $935 |
| Woodridge Lake | $935 |
| Anderson Park | $917 |
| Bardstown Woods | $917 |
| Cedar Meadows | $917 |
| Chism Trail | $917 |
| Fairway Acres | $917 |
| Farmgate Meadows | $917 |
| Fern Creek Acres | $917 |
| Fern Hill | $917 |
| Fernbrook | $917 |
| Fox Ridge | $917 |
| Glenmary | $917 |
| Glenmary East | $917 |
| Glenmary Estates | $917 |
| Glenmary Village | $917 |
| Grey Oaks Cottages | $917 |
| Keeling Place | $917 |
| Little Spring Farm | $917 |
| Seaton Springs | $917 |
| The Reserve at Glenmary | $917 |
| The Springs of Glenmary | $917 |
| Trails Crossing | $917 |
| Windgate Meadows | $917 |
| Ridgehurst Place | $909 |
| Bon Air | $878 |
| Brookhollow | $878 |
| Klondike | $878 |
| Belknap | $867 |
| Bonnycastle | $867 |
| Deer Park | $867 |
| Gardiner Lane | $867 |
| Hawthorne | $867 |
| Hayfield Dundee | $867 |
| Highlands Douglass | $867 |
| Kingsley | $867 |
| Limerick | $867 |
| Portland | $867 |
| Seneca Garden | $867 |
| Strathmoor Manor | $867 |
| Strathmoor Village | $867 |
| Wellington | $867 |
| St. Andrews Landing | $864 |
| Russell | $860 |
| Bannon Crossings | $847 |
| Stone Bluff Estates | $847 |
| Cheri Village | $842 |
| Smyrna Crossings | $842 |
| Woodfield Commons | $842 |
| Village at Wildwood | $836 |
| Bridlewood | $823 |
| Friendly Hills East | $823 |
| Whispering Hills | $823 |
| Woodrow Manor | $823 |
| Havalock | $811 |
| Southern Acres | $811 |
| Audubon Park | $798 |
| Camp Taylor | $798 |
| Edgewood | $798 |
| Lynnview | $798 |
| Park Forest | $798 |
| Poplar Hills | $798 |
| Prestonia | $798 |
| Standiford | $798 |
| Watterson Park | $793 |
| Whitner | $793 |
| Bashford Manor | $792 |
| Buechel Terrace | $792 |
| Orchard Lakes | $792 |
| The Lodge | $792 |
| West Buechel | $792 |
| Indian Forest | $787 |
| Knopp | $787 |
| Rangewood | $787 |
| Rangeland | $786 |
| Bittersweet Villa | $785 |
| Cedar Village | $785 |
| Hidden Creek | $785 |
| Kellerman Place | $785 |
| Meadow Hill | $785 |
| South Park View | $785 |
| Sungold Estates | $785 |
| Sunshine Acres | $785 |
| Timber Glen | $785 |
| Vinehill | $785 |
| Woodhill | $785 |
| Auburndale | $773 |
| Bella Vista | $773 |
| Burkshire Terrace | $773 |
| Cardinal Hill Estates | $773 |
| Estates of St Anthony | $773 |
| Fordhaven | $773 |
| Iroquois Heights | $773 |
| Iroquois Park | $773 |
| Kenwood Hill | $773 |
| Manslick Heights | $773 |
| Oak Hill Estates | $773 |
| Parkridge | $773 |
| Parkridge Woods | $773 |
| Red Stone Hill | $773 |
| Southland Park | $773 |
| Southside Louisville | $773 |
| Wilder Park | $773 |
| Windsor Lakes | $773 |
| Woods of Saint Andrews | $773 |
| Beechmont | $770 |
| Iroquois | $770 |
| Wyandotte - Oakdale | $770 |
| Country Estates | $765 |
| Feyhurst | $765 |
| Grandel Farms | $765 |
| Grandel Forest Estates | $765 |
| Greenfield | $765 |
| Greenridge Estates | $765 |
| Greenwood Estates | $765 |
| Greenwood Terrace | $765 |
| Greenwood Villa | $765 |
| Guilford | $765 |
| Heavenly Heights | $765 |
| Hunters Creek | $765 |
| Hunters Hill | $765 |
| Hunters Park | $765 |
| Lynn Gray | $765 |
| Moss Creek | $765 |
| Regal Heights | $765 |
| Riverport | $765 |
| Riviera Park | $765 |
| Shacklette Acres | $765 |
| Skylark Acres | $765 |
| St. Rose | $765 |
| Sun Valley Manor | $765 |
| Sylvania | $765 |
| Westchester Village | $765 |
| Westwind Park | $765 |
| Winchester Village | $765 |
| St Andrews Park | $762 |
| Oak Valley | $762 |
| Hunter Hills Trace | $734 |
| Melrose and Flagler | $734 |
| California | $725 |
| Chickasaw | $725 |
| Park Duvalle | $725 |
| Parkland | $725 |
| Rubbertown | $725 |
| Shawnee | $725 |
| Vogt | $695 |
| Briargate | $693 |
| Cloverleaf | $693 |
| Forest Ridge | $693 |
| Hunters Village | $693 |
| Idle Hour | $693 |
| Lake Dreamland | $693 |
| Murray Heights | $693 |
| Oak Lawn Estates | $693 |
| Richmont Terrace | $693 |
| Riverside Gardens | $693 |
| Rockford Estates | $693 |
| Shively | $693 |
| Twin Oaks | $693 |
| Walnut Grove | $693 |
| Wilke Heights | $693 |
| Wilke Ridge | $693 |
| Winner's Circle | $693 |
| Woodland Terrace | $693 |
| Hazelwood | $690 |
| Jacobs | $676 |
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The most affordable neighborhoods in Louisville are Jacobs, where the average rent goes for $676/month, Hazelwood, where renters pay $690/mo on average, and Briargate, where the average rent goes for $693/mo. If you’re looking for other great deals, check out the listings from Cloverleaf ($693), Forest Ridge ($693), and Hunters Village ($693), where the asking prices are below the average Louisville rent of $999/mo.
The most expensive neighborhoods in Louisville are Taylor Berry ($1,612), Algonquin ($1,707) and University ($1,707).
The most popular neighborhood in Louisville is Old Louisville, where there are 11 verified RENTCafé listings with an average rent of $1,362. Next up is Jeffersontown, where apartments go for $1,035/month, followed by Louisville Central Business District with $1,041 If you’re looking to rent in Louisville’s most popular neighborhoods, make sure to also check out Lyndon, where renters pay $1,080 on average, and California, where the average monthly rent is $725.
Louisville | Rent Comparison by Neighborhood
Rent in Academy Estates is 7% lower than in Aiken Investments Farm
$1,097
Academy Estates rent is 10% higher than Louisville average
| Average Rent | $1,097 |
|---|
$1,177
Aiken Investments Farm rent is 18% higher than Louisville average
| Average Rent | $1,177 |
|---|
How Louisville Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Louisville | $999 | 2% |
| Lexington | $950 | 4% |
| Florence | $998 | 9% |
| Covington | $1,116 | -1% |
| Erlanger | $863 | 8% |
| Ft Mitchell | $837 | 2% |
| Jeffersontown | $1,035 | 4% |
| Fairdale | $749 | n/a |
| Hurstbourne | $1,059 | 6% |
| Hurstbourne Acres | $954 | 1% |
| Shepherdsville | $715 | -1% |
For more information about the Louisville rental trends, check out our monthly rent report
Check out Kentucky Cities, Kentucky Neighborhoods and Kentucky Zip Codes for more details on verified listings, including the Kentucky Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!
Cheapest Listings on RENTCafé
Mid-priced Listings on RENTCafé
Most Expensive Listings on RENTCafé
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Louisville apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.