Average Rent in 40202, Louisville, KY

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Current Versus Historical 40202, Louisville, KY Rents

40202 rentals average $1,776 for a studio rental to $10,223 for a 3-bedroom rental. The median price of all currently available listings is $2,226.
For the apartment units and housing in March 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $0 (0.00%) year-over-year from $1,776 to $1,776. 1-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $2,144 to $2,144. 2-bedroom rentals prices have increased by $226 (8.26%) year-over-year from $2,740 to $2,967. 3-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $10,223 to $10,223. 4-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $2,200 to $2,200. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone down by 0.00% this month. 2-bedroom rents have gone down by 0.00% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Mar 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio N/A $1,776 $1,776 (0.00%) $1,776 (0.00%)
1 BR N/A $2,144 $2,144 (0.00%) $2,234 (-4.04%)
2 BR N/A $2,967 $2,740 (8.26%) $3,840 (-22.74%)
3 BR N/A $10,223 $10,223 (0.00%) $10,223 (0.00%)

Historical Rents in 40202, Louisville, KY

Studio
1 Bed
2 Bed
3 Bed
4 Bed

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Frequently Asked Questions - 40202 Average Rents

What is the average rent price in 40202, Louisville, KY?
The average monthly rental price for 40202, Louisville, KY apartments for rent is approximately $2,226. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 40202, Louisville, KY rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 40202, Louisville, KY.
How much is a studio apartment in 40202, Louisville, KY?
The average monthly rental price for studio apartments is $1,776. There are a total of 6 studio apartment listings currently available for rent in 40202.
How much is a one bedroom apartment in 40202, Louisville, KY?
The average monthly rental price for one bedroom apartments is $2,144. There are a total of 59 one bedroom apartment listings currently available for rent in 40202.
How much is a two bedroom apartment in 40202, Louisville, KY?
The average monthly rental price for two bedroom apartments is $2,967. There are a total of 44 two bedroom apartment listings currently available for rent in 40202.
How have rent prices in 40202, Louisville, KY changed this year?
Rent prices for rentals in 40202, Louisville, KY can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by 0.00%, two bedroom rental prices have changed by 0.08%, three bedroom rental prices have changed by 0.00% year-over-year.
What is a reasonable rent price in 40202, Louisville, KY?
A reasonable rent price in 40202, Louisville, KY is around $1,780/month. You can search for these reasonably priced rental listings on RentHop.
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