Louisville, TN Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Louisville is $1,148, a 3.18% increase compared to the previous year, when the average rent was $1,113.
One-bedroom apartments provide 682 square feet for $975, balancing privacy and affordability.
Two-beedroom units at $1,209 offer 959 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,198 sq ft) for $1,346, suitable for larger households.
Average rent in Louisville, TN
Last updated: October 19, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,148 | 896 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $975 | 682 sq. ft. |
| 2 Beds | $1,209 | 959 sq. ft. |
| 3 Beds | $1,346 | 1,198 sq. ft. |
Louisville, TN rent trends
Rental prices in Louisville, TN have increased by 3.18% over the past year. The average rent moved from $1,113 to $1,148.
What's the typical rent budget in Louisville, TN?
The largest share of rentals in Louisville, TN (51%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Louisville, TN?
158 or 9% of the households in Louisville, TN are renter-occupied while 1,694 or 91% are owner-occupied.
How Louisville Compares to Other Cities
| City | Average Rent |
|---|---|
| Louisville | $1,148 |
| Antioch | $1,489 |
| Franklin | $2,068 |
| Lebanon | $1,568 |
| Nashville | $1,841 |
| Knoxville | $1,747 |
| Memphis | $1,135 |
| Chattanooga | $1,463 |
| Murfreesboro | $1,578 |
| Johnson City | $1,375 |
| Clarksville | $1,241 |
| Lenoir City, TN | $1,567 |
| Powell, TN | $1,636 |
| Maryville, TN | $1,469 |
| Oak Ridge, TN | $1,282 |
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 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.