Louisville, KY Rent Trends

Rank #83, last updated July 28

Need help setting rent prices for your property? Try our free rental pricing tool here.

To calculate the apartment rental trends in each city or neighborhood, ApartmentAdvisor evaluates thousands of available apartment listings in a given market and updates this information daily.

What is the average rent in Louisville?

The average rent of a studio apartment in Louisville, KY is $825. The average rent of a 1-bedroom in Louisville, KY is $899. The average rent of a 2-bedroom in Louisville, KY is $1,100. The average rent of a 3-bedroom in Louisville, KY is $1,525.

Studio

$825


1 bed

$899


2 beds

$1,100


3+ beds

$1,525

Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.

Rent Prices Over Time in Louisville

Jul 13 2024Aug 27 2024Oct 12 2024Nov 27 2024Jan 12 2025Feb 26 2025Apr 13 2025May 29 2025Jul 28 2025$600$900$1,200$1,500$1,800
  • Louisville
  • National

Apartment Rent Ranges in Louisville

The monthly rent for apartments in Louisville, KY ranges from $600 to $1,800+.

$600 - $900

$900 - $1,200

$1,200 - $1,500

$1,500 - $1,800

$1,800+

What is the average apartment size in Louisville?

The average size of a Louisville, KY apartment is 797 square feet, while the median apartment size for Louisville, KY is 805 square feet. However, square footage varies based on unit type. Most rentals in Louisville, KY (39.47%) are 2 bedroom apartments, while the fewest (2.85%) are studio apartments. Meanwhile, 3+ bedroom apartments account for 29.17%, and 1 bedroom apartments make up 28.51%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

What is the average rent for various neighborhoods in Louisville?

Studio1 bed2 beds3+ beds
Belknap*$1,820$2,291*
Central Business District*$1,527$1,982*
Jacobs*$851$1,100$1,292
Old Louisville$800$841$1,083*
Portland**$928$1,284
University*$1,228$1,475*

Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.

* Insufficient data to calculate value

Popular metro areas

Atlanta Metro Apartments

5,727 apartments starting at $700/month

Charlotte Metro Apartments

3,717 apartments starting at $560/month

Chicago Metro Apartments

7,255 apartments starting at $638/month

Milwaukee Metro Apartments

2,435 apartments starting at $545/month

Pittsburgh Metro Apartments

1,684 apartments starting at $400/month