Louisville
Kentucky · Ranked #264 of 373 metros
62Moderate
💡
Housing in Louisville costs 4.4× the median income, below the national average of 4.5×. The median home price is $255K and median rent is $1,050/month. Louisville ranks #264 of 373 metros for affordability.
Median Home Price
🏠$255K
Need $73K income
Median Rent
🔑$1,050
Need $42K income
Housing Shortage
📉18,000
units needed
Building Permits
🔨7,000
annual
Median Income
💰$58K
Pop: 1,285,439
Rent Burden
⚠️29.5%
of renters paying >30%
Price Change (YoY)
📈+4.5%
Homeownership
🏡65.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Louisville | National |
|---|---|---|
| Price-to-Income Ratio | 4.4x | 6.1x |
| Rent Burden | 29.5% | 31.5% |
| Homeownership Rate | 65.0% | 65.5% |
| YoY Price Change | +4.5% | +3.5% |
| YoY Rent Change | +3.5% | +2.8% |
| Mortgage Denial Rate | 14.0% | 13.5% |
| Eviction Rate | 6.8% | 3.6% |
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$966/mo
1 Bedroom$1,047/mo
2 Bedroom$1,272/mo
3 Bedroom$1,625/mo
4 Bedroom$1,891/mo
Zillow Market Data
Home Value (ZHVI)
$274K
1yr: +2.5%5yr: +29.5%
Rent (ZORI)
$1,361/mo
1yr: +1.9%5yr: +32.6%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$280K
Active Inventory
3,344
Days on Market
64
Sold Above List
16.7%
Price Drops
23.2%