Apartments in 40208

31 - 38 of 38 Results
7
$690
2932 S 5Th St Louisville, KY
2 BR | Ask for Availability
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Air Conditioning
South Louisville
17
$1,100
Louisville, KY
Studio | Available Now
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House
South Louisville
7
$1,250
Louisville, KY
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
South Louisville
1
$580
Louisville, KY
2 BR | Available Now
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Cat Friendly
Dishwasher
Old Louisville
1
$685
Louisville, KY
2 BR | Available Now
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Cat Friendly
Old Louisville
1
$850
Louisville, KY
2 BR | Available Now
Cat Friendly
House
In Unit Laundry
1
$675 - 695
Louisville, KY
2 BR | Available Now
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Cat Friendly
Old Louisville
1
$520
Louisville, KY
Studio | Available Now
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Cat Friendly
Old Louisville
31 - 38 of 38 Results
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How much does it cost to rent an apartment in 40208?

40208 apartments
Bed Type Average Rent Range
Studio $720 $520 - $1,100
1BR $840 $640 - $1,030
2BR $880 $600 - $1,860
3BR $1,250 $1,100 - $1,300
Find an Apartment in 40208
Looking for apartments near 40208 Louisville, KY? Rentable has a variety of options available in this area. Currently, there are 110 units for rent in the 40208 zip code, with an average rent of $850. The minimum rent for a studio unit starts at $520.

Two of the top neighborhoods in 40208 are Old Louisville and South Louisville. These neighborhoods offer a unique blend of historic charm and modern amenities. Old Louisville is known for its beautiful Victorian homes and the St. James Court Art Show, while South Louisville offers convenient access to the University of Louisville and Churchill Downs.

If you enjoy spending time outdoors, there are several parks and green spaces near 40208. Central Park, located in Old Louisville, features a fountain, walking paths, and a play area. Iroquois Park in South Louisville offers hiking trails, a golf course, and scenic views of the city.

Are you ready to find your next apartment in 40208? Explore Rentable's listings and discover the perfect place to call home in this vibrant community.

Louisville:
February Rent Report

Welcome to the February 2026 Louisville Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the February 2026 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

$1,500
$1,130
$750
$380
$0
Feb. 2025
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
Jul. 2025
Aug. 2025
Sep. 2025
Oct. 2025
Nov. 2025
Dec. 2025
Jan. 2026
1 BR       2 BR

Louisville Rent Prices Decrease From January to February

Louisville rent prices decreased over the last month. From January to February, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Louisville one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from January to February, Louisville experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Louisville two-bedroom apartments currently stands at $.

February Prices: Louisville vs. Surrounding Areas

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 0 of the Louisville suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Louisville suburbs

  • Rents did not decrease in any of the Louisville suburbs.

February 2026 Pricing Trends: Louisville vs. National Comparisons

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 February 1 BR M/M % Change 2 BR February 2 BR M/M % Change

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.