Louisville, KY Rent Trends

Rank #85, last updated August 23

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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 $875. The average rent of a 1-bedroom in Louisville, KY is $895. The average rent of a 2-bedroom in Louisville, KY is $1,100. The average rent of a 3-bedroom in Louisville, KY is $1,595.

Studio

$875


1 bed

$895


2 beds

$1,100


3+ beds

$1,595

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

Apartment Rent Ranges in Louisville

The monthly rent for apartments in Louisville, KY ranges from $500 to $1,700+.

$500 - $800

$800 - $1,100

$1,100 - $1,400

$1,400 - $1,700

$1,700+

What is the average apartment size in Louisville?

The average size of a Louisville, KY apartment is 789 square feet, while the median apartment size for Louisville, KY is 800 square feet. However, square footage varies based on unit type. Most rentals in Louisville, KY (44.88%) are 2 bedroom apartments, while the fewest (1.49%) are studio apartments. Meanwhile, 1 bedroom apartments account for 28.86%, and 3+ bedroom apartments make up 24.77%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

What is the average rent for various neighborhoods in Louisville?

Studio1 bed2 beds3+ beds
Brownsboro Zorn**$1,239$1,549
Central Business District*$1,707$2,136*
Jacobs*$878$1,041*
Old Louisville*$860$1,250*
Phoenix Hill*$1,233$1,151*
Portland**$1,000$1,300
Shawnee*$765$925$1,200

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

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