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Area Guide

Okolona Louisville, KY

Conveniently located 12 miles due south of downtown Louisville, the neighborhood of Okolona sits in the city's South Side section. Residents of Okolona enjoy a low cost of living, great shopping opportunities and close proximity to the area's interstates and highways. Once an unincorporated part of south Jefferson County, Okolona became part of the Louisville Metro area in 2003.

Rent Trends

As of August 2026, the average apartment rent in Okolona is $1,022 for one bedroom, $1,168 for two bedrooms, and $1,572 for three bedrooms. Apartment rent in Okolona has increased by 0.2% in the past year.

  • 1 BR

  • 753 sq ft

    Average Sq Ft

  • $1,022/month

    Average Rent

  • 2 BR

  • 978 sq ft

    Average Sq Ft

  • $1,168/month

    Average Rent

  • 3 BR

  • 1,321 sq ft

    Average Sq Ft

  • $1,572/month

    Average Rent

Learn More About Okolona

Getting Around

Fairly Walkable

Walkability

50 / 100

Limited Public Transit

Transit

30 / 100

Exceptionally Drivable

Drivability

100 / 100

Somewhat Bikeable

Bikeability

20 / 100

Daily Essentials

Supermarket Within a 15 Minute Walk

Groceries

70 / 100

Good Restaurant Variety Nearby

Restaurants

70 / 100

Fair Café Variety Nearby

Cafes

40 / 100

Good Variety of Shops Nearby

Shopping

70 / 100

Recreation

Moderate Amount of Park Space Nearby

Parks

50 / 100

Limited Wellness Amenity Variety Nearby

Wellness

20 / 100

Local Vibe

Mostly Calm Atmosphere

Vibrancy

20 / 100

Good Nightlife Variety Nearby

Nightlife

60 / 100

Very Noisy

Quiet Score

20 / 100

Points of Interest

Parks and Recreation

  • Louisville Mega Cavern
  • Louisville Nature Center
  • McNeely Lake Park
  • Iroquois Park
  • Rauch Planetarium

Airports

  • Louisville Muhammad Ali International

Top Apartments in Okolona

Houses for Rent in Okolona

Living in Okolona

History

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Okolona, originally called Lone Oak, was in the early 1800s initially a home to farmers from Pennsylvania. This land was used for farming until the 1950s, when the General Electric Appliance Park opened and increased the need for nearby blue-collar housing. No museums or art galleries can be found within this community, but a short drive north toward downtown Louisville gives residents access to the Frazier History Museum, located on West Main Street. The museum showcases British weaponry, artifacts from the American West and an exhibit solely dedicated to medieval England. Not-to-be-missed galleries include Flame Run, Edenside and Zephyr. Louisville entertains a large number of annual events and festivals throughout the year. The St. James Court Art Show occurs every October and celebrates over 200 local artists. The Forecastle Festival in Riverfront Park, a weekend-long musical event, happens every July.

Restaurants

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Most of Okolona's restaurants can be found along Preston Highway, Outer Loop and Shepherdsville Road. Though options remain overwhelmingly casual, affordable and chain-operated, a handful of locally owned gems are scattered within the neighborhood. Diners craving Mexican cuisine love to eat at La Carreta in northern Okolona off of Preston Highway. La Carreta has a large menu full of scratch-made, authentic favorites, such as carne asada tacos, carnitas and chile verde. The salsa here is prepared daily, and the chips come out warm and perfectly salted. Residents of Okolona appreciate the reasonably priced beer and margarita selections. Be sure to check this spot's website for daily food and drink specials. Okolona residents have the opportunity to enjoy the burger that Food Network named the "Best Burger in Kentucky." W.W. Cousins, on Outer Loop, serves scratch-made and cooked-to-order burgers and sandwiches. Buns, pastries and other bread products found here are baked daily. Order a half-pound burger or white fish sandwich, and then personalize it with some of the 40 available toppings. All of the popular places to grab an evening drink within the neighborhood are considered major chains. Locals frequently head to Hooters, Tumbleweed Tex Mex Grill & Margarita Bar, Applebee's, and Texas Roadhouse. Locals interested in upscale bars, nightclubs and music venues featuring mainstream acts must travel to downtown Louisville. Some of the best music venues in the city include Headliner's Music Hall and the Louisville Palace Theater. The Nowhere Bar is the place for late night snacks, drinks and pool tables. Located in a large hall-type venue, this establishment stays open until 4 a.m. The bar overflows with large crowds and wannabe singers on karaoke night, and when the weather cooperates, management opens the large garage doors to reveal an impressive outdoor patio area.

Transportation

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Though Okolona contains a good number of options for alternative transportation, over 95 percent of residents drive or carpool to work. Workers commuting into downtown Louisville take Outer Loop west to access Interstate 65. Because no public parking lots or garages exist in Okolona, visitors and residents alike park along residential streets. Locals without cars have a number of alternative transportation options at their disposal. The Transit Authority of River City operates buses along Preston Highway, Outer Loop and Shepherdsville Road. Residents also call on local taxi companies and Uber for service. Okolona is considered walkable for residents living close to the center of the neighborhood where all the amenities are located. However, there are no bike lanes in the area.

Parks

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The Okolona area includes two parks operated by Louisville's MetroParks. Okolona Park lies in the heart of the neighborhood and covers 15 acres. Families love exploring the ballfields, picnic shelter and playground on sunny days. Roberson Run, to the east on Judge Boulevard, has become one of the best places in town for a leisurely walk with the children and family dog. Locals interested in visiting a larger park head west 3 miles to the expansive Iroquois Park. Iroquois contains multiple athletic fields, walking paths, playgrounds and even an outdoor amphitheater that can seat up to 2,300 people. These parks are free to use and dog friendly. Separate fees may apply if you want to rent picnic shelters or athletic fields. Louisville's Waterfront Park hosts numerous events throughout the year, including Christmas Tree Lane, the Soul Food Festival in June, and the summer music series called Waterfront Wednesdays.

Cost

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The cost of living in Okolona is 8 percent lower than Louisville's city average and 18 percent lower than the national average. Housing costs remain low around this section of the city, so a one-bedroom apartment costs renters an average of $599 per month. Residents find that other costs incurred, including transportation, goods and services, remain even throughout Louisville's metropolitan area. The Transit Authority of River City charges bus riders $1.50 each way, while gas sits at 10 percent less than the national average. Bars and restaurants in Okolona charge moderate prices, so expect to pay $4 to $5 for a pint of beer.

Shopping

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Residents find ample shopping opportunities throughout Okolona. Nearby shopping complexes include Preston Park Shopping Center and Festival at Jefferson Court. Stores within these centers include Family Dollar, Rent-A-Center, Family Christian Stores and PetSmart, One of the city's largest malls, the Jefferson Mall, lies within the neighborhood and features name-brand retailers such as Jimmy Jazz, Men's Wearhouse and American Eagle Outfitters. In addition, a number of shops selling groceries, auto parts and affordable apparel line Preston Highway and Outer Loop. Southern Comfort Pools and Hot Tubs, on Preston Highway, specializes in assisting shoppers in finding the perfect spa or pool. Name-brand pools and tubs, supplies and expert advice await anyone interested in perusing this local shop. Drive a mile south along Preston Highway to visit American Bootworks. This store carries a large assortment of work shoes and uniforms from name brands, including Converse, Dr. Martens, Georgia Boots and Minnetonka. American Bootworks focuses on selling American-made apparel that meets industrial safety standards. Locals purchase groceries at the Kroger on Outer Loop or at ethnic grocery markets such as Tienda la Chapinlandia and the Miami Food Market. The nearest farmers market, Jeffersontown Farmers Market, opens Saturday mornings year round.

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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 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.