Flats on Fifth
430 W Muhammad Ali Blvd,
Louisville, KY 40202
$854 - $2,382
1-2 Beds
Established in 1941, Indiana University Southeast expands the IU system’s community of academic excellent all the way down to the Kentucky state line. The IU Southeast Graduate Center is housed in the historic 300 Building of Water Tower Square, on the banks of the Ohio River. This facility is located right at the foot of the Clark Memorial Bridge, offering prime access to Downtown Louisville on the other side of the river and allowing you to take advantage of the neighboring community’s legendary arts, dining, and nightlife anytime. When you want to stick to the Indiana side of the river, south Jeffersonville offers a terrific selection of restaurants, bars, and coffeehouses, plus a couple of scenic parks on the waterfront. Renting near the Graduate Center tends to be quite affordable, with apartments, condos, and houses within walking distance often going for under $800 per month.
As of January 2026, the average apartment rent in Jeffersonville, IN is $970 for a studio, $1,063 for one bedroom, $1,217 for two bedrooms, and $1,592 for three bedrooms. Apartment rent in Jeffersonville has increased by 0.1% in the past year.
Studio
414 sq ft
Average Sq Ft
$970/month
Average Rent
1 BR
763 sq ft
Average Sq Ft
$1,063/month
Average Rent
2 BR
1,052 sq ft
Average Sq Ft
$1,217/month
Average Rent
3 BR
1,393 sq ft
Average Sq Ft
$1,592/month
Average Rent
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require a car.
Minimal Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Somewhat Bikeable
out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
Public
Grades PK-5
548 Students
Public
Grades PK-5
525 Students
Public
Grades PK-5
552 Students
Public
Grades PK-5
481 Students
Thomas Jefferson Elementary School
Public
Grades PK-5
335 Students
Public
Grades 6-8
850 Students
Public
Grades 6-8
713 Students
Public
Grades 4-12
23 Students
Public
Grades 9-12
2,130 Students
Public
Grades 4-12
23 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.
3,446
Communities
951,526
Units
887
Cities
706
Communities
195,320
Units
339
Cities
645
Communities
127,319
Units
251
Cities
619
Communities
169,214
Units
243
Cities
550
Communities
122,211
Units
219
Cities
469
Communities
110,597
Units
238
Cities
† 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.