The Terra Apartment Homes
13645 Elanna Ave,
Louisville, KY 40245
$1,474 - $4,374 | 1-3 Beds
Louisville
Louisville, KY
Area Guide
Exciting amenities abound in Kentucky’s largest city
Historic
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Modern
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Convenient
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Vibrant
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Charming
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Riverside
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Louisville is the largest city in Kentucky, resting alongside the Ohio River on the Kentucky-Indiana border. The architecture in Louisville is a mix of old and new, with historic neighborhoods comprised of Victorian houses and towering skyscrapers scattered throughout the downtown area, many of which contain upscale apartments and condos available for rent.
The amenities in Louisville are just as diverse as the architecture. Renting in Louisville affords you the opportunity to see the famous Kentucky Derby at Churchill Downs, learn more about a boxing legend at the Muhammad Ali Center, and meet a range of animals at the Louisville Zoo. The city’s award-winning restaurant scene is an exemplary display of Southern cooking. Just outside the city lies the Louisville Mega Cavern, a vast underground space offering a broad range of adventurous attractions.
Getting around from Louisville is easy with access to Louisville International Airport, TARC, and a system of interstates that connect the city. Cincinnati and Nashville lie to the north and south respectively, making Louisville a great starting point to begin exploring the surrounding regions.
Explore the City
The sun setting behind the John F. Kennedy Memorial Bridge
Louisville's Churchill Downs hosts the Kentucky Derby
Rent Trends
As of July 2025, the average apartment rent in Louisville, KY is $909 for a studio, $1,122 for one bedroom, $1,298 for two bedrooms, and $1,667 for three bedrooms. Apartment rent in Louisville has increased by 1.2% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$1,122/month
713 Sq Ft
House
$1,791/month
1,388 Sq Ft
Condo
$1,624/month
901 Sq Ft
Townhome
$1,446/month
1,005 Sq Ft
Cost of Living
The cost of living in Louisville, KY is 6.6% lower than the national average. Generally, housing in Louisville is 21.3% less expensive than the national average, with rent falling between $909 - $1,667. You can expect to pay 0.9% less for groceries, 15.9% less for utilities, and 3.6% less for transportation.
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Transportation
52
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
30
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
51
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Schools
Greathouse Shryock Traditional
Public
Grades K-5
606 Students
10
Public
Grades K-12
738 Students
9
Public
Grades K-5
734 Students
9
Public
Grades PK-5
772 Students
7
Audubon Traditional Elementary
Public
Grades K-5
614 Students
7
Public
Grades K-12
738 Students
9
Public
Grades 6-8
930 Students
7
Public
Grades 6-8
630 Students
7
Public
Grades 6-8
1,347 Students
6
Jefferson County Traditional Middle
Public
Grades 6-8
877 Students
6
Public
Grades 9-12
1,929 Students
10
Public
Grades 9-12
1,991 Students
9
Public
Grades K-12
738 Students
9
Public
Grades 9-12
2,014 Students
7
Public
Grades 9-12
1,461 Students
7
School data provided by
GreatSchools
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
Points of Interest
Shopping Centers
Parks and Recreation
- Louisville Mega Cavern
- Louisville Nature Center
- Cherokee Park
- Rauch Planetarium
- Iroquois 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 June 2025.