Flats on Fifth
430 W Muhammad Ali Blvd,
Louisville, KY 40202
$914 - $2,208
1-2 Beds
Fourth Street
Louisville, KY
Fourth Street - Louisville, KY
Area Guide
Wide-brimmed hats, mint juleps, and baseball bats. What could be better?
Urban
•
Sophisticated
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Walkable
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Arts and Culture
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Nightlife
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Restaurants
•
Shopping
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Famous for horse racing, baseball, fried chicken, and bourbon, there's really no other place like Louisville. Dating back to 1778, Downtown Louisville is the historic hub of this legendary city, home to such major landmarks as the Louisville Slugger Museum and Factory, the Kentucky Center for the Performing Arts, and the Louisville Slugger Field. It is also home to the University of Louisville, the historic Brown Theatre, Fourth Street Live!, and the Kentucky International Convention Center.
From its history as the oldest city west of the Appalachians to its lively shopping districts to its restaurants and breweries, you'll love living in a Downtown Louisville apartment. This neighborhood is located along the Ohio River, extending south to Broadway. Churchill Downs, home of the world-famous Kentucky Derby, is located about three miles south of downtown. Other places you'll enjoy after moving to Downtown Louisville include the art galleries in East Market District, the majestic Belle of Louisville, the stunning Louisville Waterfront Park, and the views from the Louisville Riverwalk.
Explore the Neighborhood
Rent Trends
As of December 2025, the average apartment rent in Fourth Street is $1,039 for a studio, $1,197 for one bedroom, $1,724 for two bedrooms, and $3,610 for three bedrooms. Apartment rent in Fourth Street has increased by 1.2% in the past year.
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Studio
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446 sq ft
Average Sq Ft
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$1,039/month
Average Rent
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1 BR
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693 sq ft
Average Sq Ft
-
$1,197/month
Average Rent
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2 BR
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1,064 sq ft
Average Sq Ft
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$1,724/month
Average Rent
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3 BR
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1,592 sq ft
Average Sq Ft
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$3,610/month
Average Rent
Transportation
93
Walker's Paradise
out of 100 WalkScore® Rating
Lace up your walking shoes because this area is considered a walker’s paradise.
63
Good Transit
out of 100 TransitScore® Rating
The area around this property has good transit with many nearby transportation options.
80
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
Points of Interest
Shopping Centers
Parks and Recreation
- Louisville Zoo
- Kentucky Science Center
- Waterfront Park
- Louisville Waterfront Park
- Falls of the Ohio State Park
Military Bases
Airports
- Louisville Muhammad Ali International
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.