Best Neighborhoods in Louisville, KY for Renters
Thinking about moving to Louisville, KY but don't know where to look? Here are five neighborhoods to start your search.
Avg Rent
$1,125
Population
628,082
Renter Mix
42% Rent
Louisville sits right on the Ohio River, where a row of historic brick buildings meets a beautiful downtown skyline. The city gives renters everything from walkable streets in Old Louisville to the bustling indie shops of NuLu, the East Market District. The Highlands neighborhood draws plenty of traffic along Bardstown Road, with cafes and bars steps away from Cherokee Park, while Clifton and Crescent Hill line Frankfort Avenue with coffee shops and local spots worth exploring on any afternoon.
Rental options here range the full spectrum, from charming Victorian-era townhomes in historic neighborhoods to modern high-rise apartment communities downtown. The University of Louisville is located on the southern side of the city and adds an energetic, creative pulse to surrounding areas.
Louisville is one of the only cities in the world where you can tour the entire bourbon-making process from grain to glass, thanks to its central role in Kentucky's legendary Bourbon Trail. Each spring, Churchill Downs hosts the Kentucky Derby, drawing visitors from around the globe to one of the most iconic sporting events.
Bluegrass Harley Davidson on Terra Crossing in Louisville is the largest dealer in the area.
The Valhalla Golf Club is a private club in Louisville, KY designed by Jack Nicklaus in 1986.
The Valhalla Golf Club is a private club in Louisville, KY hosted the PGA Championship in 1996.
Lake Forest, KY surrounds an 18 hole Arnold Palmer designed golf course near Louisville, KY.
The widely sought after Louisville east-end, deed restricted community spans 2000 acres.
The Louisville Waterfront area has walkable streets yet close to downtown.
Median Household Income
$58,913
Average: $82,992
Education
168,941
Residents Have a Degree
Job Market
317,665
Workers Employed
Median Age
39 Years
Largest Age Group
30-39 Years
Approximately 14% of Residents
Under 20
24%
Over 65
19%
Housing Distribution
Louisville has more homeowners than renters.
Education Distribution
Review this city's overall education levels.
As of April 2026, the average apartment rent in Louisville, KY is $873 for a studio, $1,125 for one bedroom, $1,303 for two bedrooms, and $1,669 for three bedrooms. Apartment rent in Louisville has increased by 0.3% in the past year.
The cost of living in Louisville, KY is 9.2% lower than the national average. Generally, housing in Louisville is 25.8% less expensive than the national average, with rent falling between $873 - $1,669. You can expect to pay 0.4% less for groceries, 12.7% less for utilities, and 5.0% less for transportation.
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Best Neighborhoods in Louisville, KY for Renters
Thinking about moving to Louisville, KY but don't know where to look? Here are five neighborhoods to start your search.
Five Most Affordable Neighborhoods in Louisville, KY
Whether it’s the rich flavors of hot browns and bourbon or the annual cultural buzz from events, Louisville offers renters a city full of character and history.
How to Find Off-Campus Housing Near the University of Louisville
Discover tips and resources for finding the perfect off-campus housing near the University of Louisville. Start your search today!
Explore how walkable, bikeable, drivable, and transit-friendly Louisville, KY is for everyday living.
Fairly Walkable
Walkability
Limited Public Transit
Transit
Exceptionally Drivable
Drivability
Somewhat Bikeable
Bikeability
Public
Grades K-12
738 Students
Public
Grades K-5
734 Students
Greathouse Shryock Traditional
Public
Grades K-5
606 Students
Public
Grades K-5
568 Students
Public
Grades K-5
468 Students
Public
Grades 6-8
930 Students
Public
Grades K-12
738 Students
Public
Grades 6-8
1,347 Students
Public
Grades 6-8
630 Students
Jefferson County Traditional Middle
Public
Grades 6-8
877 Students
Public
Grades 9-12
1,991 Students
Public
Grades 9-12
1,929 Students
Public
Grades K-12
738 Students
Public
Grades 9-12
2,014 Students
Public
Grades 9-12
1,461 Students
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.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
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† 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 February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.