Houses for Rent in 40211

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What to Know About

Living in 40211

Louisville, known as "Derby City," is the true embodiment of southern charm, rich history, and cultural vibrancy. Experience the perfect blend of urban living and the city's natural beauty. First, discover Louisville's past by visiting world-famous museums such as the Kentucky Derby Museum, Muhammad Ali Center, Louisville Slugger Museum, which features a collection of more than 6,000 baseball bats, and the Speed Art Museum. Then, explore Louisville's scenic parks and recreational areas for a peaceful escape, including the Louisville Waterfront Park and Jefferson Memorial Forest.

Take advantage of the thrill of the Kentucky Derby, the Thunder Over Louisville Fireworks, or the Kentucky Bourbon Festival. Sports enthusiasts can root for their favorite teams, such as the Louisville Bats (MiLB) and Louisville City FC (USL). Louisville is famous for hosting events celebrating its unique cultural heritage and offering something for everyone. You can indulge in breweries, confectionaries, and music festivals throughout the year.

Louisville boasts a high-quality standard of living and thriving energy, making it a perfect destination for those seeking an active lifestyle and a great place to call home.

Rental Market Trends

Louisville, KY

As of August 2025, Louisville's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Louisville's average rent is 0.3% ($4) lower than the Kentucky average of $1,337 and 25.5% ($457) lower than the U.S. average of $1,790.

Average Rent
$1,333
Monthly ChangeMonth Over Month Change
Increased2.9% ($38)
Yearly ChangeYear Over Year Change
Increased1.1% ($15)
Avg. Days on MarketAverage Days on Market
28
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,212 Increased3.1% ($36) Increased9.5% ($105)
2 Beds $1,415 Increased8.9% ($116) Increased14.8% ($182)
3 Beds $1,587 Decreased0.5% ($8) Increased0.6% ($10)
Nearby Cities Average Rent Avg. Rent vs. LouisvilleAverage Rent vs. Louisville Avg. Days on MarketAverage Days on Market
Jeffersonville $1,109 Decreased16.8% ($224) 19 days
Clarksville $983 Decreased26.3% ($350) 32 days
New Albany $1,227 Decreased8% ($106) 30 days
Sellersburg $1,525 Increased14.4% ($192) 30 days
Prospect $2,164 Increased62.3% ($831) 26 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Louisville Rental Market FAQs

Explore rental prices, market trends, and availability in Louisville, KY.

The average rent in Louisville, KY is $1,333 per month.
Houses in Louisville typically rent for between $848 and $2,063 per month, with an average of $1,333 per month.
In Louisville, the average rent for a 1-bedroom house is $1,212 per month, for a 2-bedroom house, $1,415 per month, and a 3-bedroom house is $1,587 per month.
The average rent in Louisville is 25.5% ($457) lower than the national average of $1,790 per month.
The average rent in Louisville has increased by 2.9% ($38) in the last month and increased by 1.1% ($15) over the past year.
The rental market in Louisville, KY, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Louisville, KY, the average rental stays on the market for approximately 28 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 484 rental properties available in Louisville, KY.
Based on the current averages, a household would need an annual income of $56,600 to comfortably afford a 2-bedroom house in Louisville.
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