How many apartments are available in 40212 on Rentable.co?

Rentable.co has 31 apartments available for rent in 40212.

What is the average rent for an apartment in 40212?

The average rent for an apartment in 40212 is around $900 per month.

What is the average rent for a two-bedroom apartment in 40212?

The average rent for a two-bedroom apartment in 40212 is around $899 per month.

What is the average rent for a one-bedroom apartment in 40212?

The average rent for a one-bedroom apartment in 40212 is around $795 per month.

Apartments in 40212

Find an Apartment in 40212

If you're in search of an apartment in Louisville, KY, consider checking out the apartments available for rent in the 40212 zip code. Currently, Rentable has a total of 36 units available for rent in this area. The average rent in 40212 is approximately $900. The minimum rent for a specific floor plan type starts at $615.

As for the surrounding neighborhoods, Portland stands out as one of the top choices. This neighborhood offers a convenient location with access to nearby parks, points of interest, and community amenities. With its charming atmosphere and diverse range of housing options, Portland is worth considering for anyone looking for apartments near 40212 Louisville, KY.

So, if you're ready to find your next home, explore Rentable's apartments in the 40212 area and discover the perfect rental that meets your needs and preferences. Whether you're in search of a cozy studio or a spacious three-bedroom apartment, Rentable has a variety of options to suit your lifestyle. Start your search today and find your ideal apartment in the 40212 zip code.

Louisville:
May Rent Report

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

Jun. 2025

Jul. 2025

Aug. 2025

Sep. 2025

Oct. 2025

Nov. 2025

Dec. 2025

Jan. 2026

Feb. 2026

Mar. 2026

Apr. 2026

May. 2026

1 BR 2 BR

Louisville Rent Prices Decrease From April to May

Louisville rent prices decreased over the last month. From April to May, 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 April to May, 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 $.

May 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.

May 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 May	1 BR M/M % Change	2 BR May	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.