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Rental Market Trends in Louisville, TN

Updated July 2026

The average rent in Louisville, TN is $1,054/month.

Rent in Louisville is 37% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$1,054/month

Average Rent

665 Sq Ft

Average Size

+2.7%

Change / Year

96

Available Apartments

Louisville rent varies by unit size and layout:

  • Studio apartments in Louisville average $429 per month.
  • One-bedroom apartments in Louisville average $1,054 per month.
  • Two-bedroom apartments in Louisville average $1,421 per month.
  • Three-bedroom apartments in Louisville average $1,807 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$429/month
313 Sq Ft
One Bedroom
$1,054/month
665 Sq Ft
Two Bedroom
$1,421/month
973 Sq Ft
Three Bedroom
$1,807/month
1,312 Sq Ft
View Louisville Apartments

How much has average rent changed in Louisville, TN?

In the past year, rent has increased by 2.7%, which averages out to $29 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Louisville, TN

July 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Louisville, TN
Percentage*
Rent Range
9% Below $700/month
36% $700 - $1,000/month
27% $1,001 - $1,500/month
27% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Louisville, TN?

Because the average rent in Louisville is $1,054, you’ll want to make about $3,513 per month or $42,156 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Louisville, TN

96 Available Apartments for Rent

Search for Nearby Apartments

How does Louisville, TN compare to other nearby cities and neighborhoods?

Use the tool below to compare Louisville, TN to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

View the Louisville Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Maryville

    Maryville

  • Farragut

    Farragut

  • Knoxville

    Knoxville

Apartment Communities in Louisville We Think You'll Love

Topside 333

Topside 333

2139 Topside Rd,
Louisville, TN 37777

1-3 Beds | $1,325 - $2,100

Aventine Northshore

Aventine Northshore

1971 Willow Loop Way,
Knoxville, TN 37922

1-3 Beds | $1,732 - $3,923

Elevate at Topside

Elevate at Topside

910 Ardmore Alcoa Way,
Louisville, TN 37777

1-3 Beds | $1,527 - $2,073

Riverside South

Riverside South

4704 Wheeler Rd,
Louisville, TN 37777

Studio - 4 Beds | $1,205

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Frequently Asked Questions

What is the average rent in Louisville?

The average rent in Louisville is $1,054 per month, which is 36.6% lower than the national average of $1,663.

Are rents going up or down in Louisville?

Rents in Louisville, TN are increasing, with prices up 2.7% year-over-year and $29 more per month.

What rent range is most common in Louisville?

In Louisville, TN, 36% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

United States Tennessee Louisville Rental Trends

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.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity