Average Rent in Central Louisville, Louisville, KY

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Current Versus Historical Central Louisville, Louisville, KY Rents

Central Louisville rentals average $950 for a studio rental to $1,595 for a 4-bedroom rental. The median price of all currently available listings is $1,100, or roughly $18 per square feet.
For the apartment units and housing in June 2026, median rents have fallen substantially over the last year. Studio rentals prices have decreased by $507 (-34.78%) year-over-year from $1,457 to $950. 1-bedroom rentals prices have decreased by $489 (-34.77%) year-over-year from $1,407 to $918. 2-bedroom rentals prices have decreased by $721 (-41.72%) year-over-year from $1,727 to $1,007. 3-bedroom rentals prices have decreased by $488 (-29.77%) year-over-year from $1,638 to $1,150. 4-bedroom rentals prices have decreased by $446 (-24.54%) year-over-year from $1,819 to $1,373. 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 up by 14.00% this month. 1-bedroom rents have gone up by 1.38% this month. 2-bedroom rents have gone down by 0.36% this month. 3-bedroom rents have gone down by 56.80% this month. 4-bedroom rents have gone down by 0.98% this month.
Beds
Price / Sqft
Jun 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $19.00 $950 $1,457 (-34.78%) $1,036 (-8.32%)
1 BR $17.60 $918 $1,407 (-34.77%) $1,264 (-27.41%)
2 BR $11.53 $1,007 $1,727 (-41.72%) $1,603 (-37.21%)
4+ BR $14.12 $1,373 $1,819 (-24.54%) $1,458 (-5.89%)

Historical Rents in Central Louisville, Louisville, KY

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Central Louisville



City Studio 1 Bed 2 Bed All

Top Neighborhoods Near Central Louisville



Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Central Louisville



County Studio 1 Bed 2 Bed All

Top Zipcodes Near Central Louisville

There is one zipcode in or near Central Louisville, Louisville, KY. The average rent for this zipcode is $2,226.

The following table includes the zipcode in or near Central Louisville, Louisville, KY. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
40202, Louisville, KY $1,776 $2,144 $2,967 $2,226

Frequently Asked Questions - Central Louisville Average Rents

What is the average rent price in Central Louisville, Louisville, KY?
The average monthly rental price for Central Louisville, Louisville, KY apartments for rent is approximately $1,100. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Central Louisville, 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 Central Louisville, Louisville, KY.
How much is a studio apartment in Central Louisville, Louisville, KY?
The average monthly rental price for studio apartments is $950 and an average price per square feet of $19.00. There are a total of 1 studio apartment listings currently available for rent in Central Louisville.
How much is a one bedroom apartment in Central Louisville, Louisville, KY?
The average monthly rental price for one bedroom apartments is $1,100 and an average price per square feet of $17.60. There are a total of 10 one bedroom apartment listings currently available for rent in Central Louisville.
How much is a two bedroom apartment in Central Louisville, Louisville, KY?
The average monthly rental price for two bedroom apartments is $913 and an average price per square feet of $11.53. There are a total of 1 two bedroom apartment listings currently available for rent in Central Louisville.
How have rent prices in Central Louisville, Louisville, KY changed this year?
Rent prices for rentals in Central Louisville, Louisville, KY can fluctuate yearly. Specifically, studio rental prices have changed by -0.35%, one bedroom rental prices have changed by -0.35%, two bedroom rental prices have changed by -0.42%, three bedroom rental prices have changed by -0.30% year-over-year.
What is a reasonable rent price in Central Louisville, Louisville, KY?
A reasonable rent price in Central Louisville, Louisville, KY is around $880/month. You can search for these reasonably priced rental listings on RentHop.
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