Apartments in Fourth Street Louisville

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20
$1,875
Louisville, KY
4 BR | Available Now
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Balcony/Deck/Patio
Dishwasher
14
$1,950
Louisville, KY
3 BR | Available Now
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Fourth Street
7
$729 - 999
11011 Preston Gardens Court Louisville, KY
1 - 2 BR | Available Now
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Section 8
In Unit Laundry
Balcony/Deck/Patio
46
$1,214 - 1,924
11602 Apex View Dr Louisville, KY
1 - 3 BR | Available Now
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Luxury
Section 8
15
$1,795 - 1,940
Louisville, KY
3 BR | Available Now
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Dishwasher
14
$1,700
Louisville, KY
3 BR | Available Now
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Balcony/Deck/Patio
Storage
Dishwasher
26
$2,600
Louisville, KY
4 BR | Jan. 1, 2024
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House
Storage
16
$1,200
12000-12082 Morningside Dr Louisville, KY
2 BR | Dec. 29, 2023
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Surface Parking
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18
$1,995
Louisville, KY
3 BR | Available Now
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Dishwasher
3
$1,225
Louisville, KY
3 BR | Available Now
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Louisville:
December Rent Report

Welcome to the December 2023 Louisville Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2023 key findings and figures for the Louisville rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Louisville and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Louisville average rent prices in the chart below.

Monthly Rent Report

$1,350
$1,010
$680
$340
$0
Jan. 2023
Feb. 2023
Mar. 2023
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
1 BR       2 BR

Louisville Rent Prices Decrease From November to December

Louisville rent prices decreased over the last month. From November to December, the city experienced a -1.64% decrease for the price of a one-bedroom apartment. The rent price for a Louisville one-bedroom apartments currently stands at $1,019.0.

When we take a look at the two-bedroom comparison from November to December, Louisville experienced a -0.96% decrease for the price of a two-bedroom apartment. The rent price for a Louisville two-bedroom apartments currently stands at $1,244.0.

December Prices: Louisville vs. Surrounding Areas

Jeffersonville, IN
Clarksville, IN
Louisville, KY
New Albany, IN
$1,424
$1,405
$1,048
$749
$0
$500
$1,000
$1,500
$2,000
Median 1 BR Rent

Rent Prices in Louisville and Surrounding Areas

Rent prices have decreased in Louisville over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 1 of the Louisville suburb increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Clarksville, IN .

  • Rent decreased in Jeffersonville, IN, New Albany, IN.

  • 2 suburbs are currently priced higher than the city of Louisville.

  • 1 suburb is currently priced lower than the city of Louisville.

December 2023 Pricing Trends: Louisville vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Louisville, KY
$3,979
$3,033
$2,428
$2,364
$1,813
$1,338
$1,287
$1,100
$1,048
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Louisville Rent Prices More Affordable Than Major Cities

Rent growth in Louisville over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Louisville average rent prices appear to be relatively affordable for local residents.

The price for a Louisville one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Louisville and surrounding area rent prices, take a look at the complete data set below.

Data set for Louisville and suburbs

1 BR December 1 BR M/M % Change 2 BR December 2 BR M/M % Change
Louisville, KY $1,048.0 -1.04% $1,266.0 -0.24%
Clarksville, IN $1,405.0 2.71% $1,345.0 1.43%
Jeffersonville, IN $1,424.0 -3.13% $1,339.0 -0.15%
New Albany, IN $749.0 -0.13% $1,324.0 0.08%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.