How many apartments are available in 40229 on Rentable.co?
Rentable.co has 5 apartments available for rent in 40229.
What is the average rent for an apartment in 40229?
The average rent for an apartment in 40229 is around $1,500 per month.
What is the average rent for a two-bedroom apartment in 40229?
The average rent for a two-bedroom apartment in 40229 is around $1,895 per month.
Find an Apartment in 40229
Looking for apartments for rent in 40229, Louisville, KY? You're in luck! Rentable currently has 19 available units in this area. The average rent for apartments in 40229 is $1,480, with 3-bedroom units starting at as low as $1,225.
Whether you're searching for a spacious apartment or a cozy studio, Rentable's apartments near 40229 have options to suit your needs. Take a look at our listings and find your perfect home in Louisville, KY today.
Louisville: April Rent Report
Welcome to the April 2024 Louisville Apartment Report. In this assessment of
the local rental market, Rentable data scientists and rental experts break down the
April 2024 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
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
1 BR2 BR
Louisville Rent Prices Increase From March to April
Louisville rent prices increased over the last month. From March to April, the city experienced a 0.4% increase for the price of a one-bedroom apartment. The rent price for a Louisville one-bedroom apartments currently stands at $1,007.0.
When we take a look at the two-bedroom comparison from March to April, Louisville experienced a -0.08% decrease for the price of a two-bedroom apartment. The rent price for a Louisville two-bedroom apartments currently stands at $1,238.0.
April Prices: Louisville vs. Surrounding Areas
New Albany, IN
Clarksville, IN
Jeffersonville, IN
Louisville, KY
$1,362
$1,311
$1,218
$1,007
$0
$450
$900
$1,350
$1,800
Median 1 BR Rent
Rent Prices in Louisville and Surrounding Areas
Rent prices have increased 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 3 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:
Rent increased in Clarksville, IN, Jeffersonville, IN, New Albany, IN .
Rents did not decrease in any of the Louisville suburbs.
3 suburbs are currently priced higher than the city of Louisville.
April 2024 Pricing Trends: Louisville vs. National Comparisons
New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
Louisville, KY
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$1,007
$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
on the rise. 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 April
1 BR M/M % Change
2 BR April
2 BR M/M % Change
Louisville, KY
$1,007.0
0.40%
$1,238.0
-0.08%
Clarksville, IN
$1,311.0
0.38%
$1,384.0
-1.28%
Jeffersonville, IN
$1,218.0
9.53%
$1,350.0
0.00%
New Albany, IN
$1,362.0
1.19%
$1,275.0
0.55%
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.