Old Louisville, Louisville, KY Rental Market Trends
Last updated: April 23, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Old Louisville is $1,288, a 2.74% increase compared to the previous year, when the average rent was $1,254.
Studio Apartments at $904 offer the most budget-friendly option with 450 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 686 square feet for $1,044, balancing privacy and affordability.
Two-beedroom units at $1,541 offer 1,081 square feet, perfect for roommates or small families.
Average rent in Old Louisville, Louisville, KY
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,288 | 742 sq. ft. |
| Studio | $904 | 450 sq. ft. |
| 1 Bed | $1,044 | 686 sq. ft. |
| 2 Beds | $1,541 | 1,081 sq. ft. |
| 3 Beds | n/a | n/a |
Old Louisville, Louisville, KY rent trends
Rental prices in Old Louisville, Louisville, KY have increased by 2.74% over the past year. The average rent moved from $1,254 to $1,288.
What's the typical rent budget in Old Louisville, Louisville, KY?
The largest share of rentals in Old Louisville, Louisville, KY (49%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Old Louisville, Louisville, KY?
2,278 or 74% of the households in Old Louisville, Louisville, KY are renter-occupied while 800 or 26% are owner-occupied.
Most affordable neighborhoods in Old Louisville?
Bon Air $943/month
Taylor Berry $965/month
Smoketown Jackson $996/month
All of these neighborhoods fall below the city wide average of $1,310/month.Most expensive neighborhoods in Old Louisville?
Claibourne Crossings $1,794/month
South Louisville $2,006/month
Algonquin $2,319/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Louisville, KY By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Algonquin | $2,319 |
| South Louisville | $2,006 |
| Claibourne Crossings | $1,794 |
| Oxmoor | $1,670 |
| Forest Springs | $1,667 |
| Middletown | $1,584 |
| Saint Joseph | $1,556 |
| Butchertown | $1,524 |
| Irish Hill | $1,467 |
| Apple Valley | $1,454 |
| Timber Glen | $1,446 |
| Jeffersontown | $1,374 |
| Treasure Island | $1,363 |
| Sungold Estates | $1,362 |
| St. Matthews | $1,323 |
| Lyndon | $1,299 |
| Russell | $1,291 |
| Phoenix Hill | $1,290 |
| Old Louisville | $1,288 |
| Orell Station | $1,288 |
| Valley Farms | $1,282 |
| Hurstbourne Springs | $1,232 |
| Louisville Central Business District | $1,228 |
| Chamberlain Square | $1,225 |
| Clifton Heights | $1,210 |
| Klondike | $1,190 |
| Sunshine Acres | $1,163 |
| Park Lake Village | $1,153 |
| Crescent Hill | $1,145 |
| Burkshire Terrace | $1,131 |
| Buechel Terrace | $1,113 |
| Auburndale | $1,081 |
| Kenwood Hill | $1,073 |
| Fordhaven | $1,057 |
| Village at Wildwood | $1,030 |
| Meadow Hill | $1,027 |
| Prairie Village | $1,025 |
| Bashford Manor | $1,023 |
| Indian Forest | $1,021 |
| Smoketown Jackson | $996 |
| Taylor Berry | $965 |
| Bon Air | $943 |
Louisville | Rent Comparison by Neighborhood
Rent in Old Louisville is 44% lower than in Algonquin
Old Louisville rent is the same as Louisville average
Algonquin rent is 80% higher than Louisville average
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Old Louisville apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.