Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Louisville area can be challenging. Home prices in Louisville are now at a median cost of $209,934, higher than the Kentucky average of $164,895.
The average cost of rent is $1,015/mo in Louisville, primarily driven by the current value of real estate in the Louisville area. While nearly 35.11% of residents own their homes outright in Louisville, 28.78% rent.
Housing affordability isn’t just about home prices, though. The average household income in Louisville is $6,277 per month. Households that rent pay about 16.17% of their income on rent here. Louisville's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Watterson Park, KY: less expensive homes
- Lynnview, KY: less expensive homes
- Audubon Park, KY: higher priced homes
- West Buechel, KY: less expensive homes
- Strathmoor Village, KY: higher priced homes
- Parkway Village, KY: equally priced homes
- Kingsley, KY: higher priced homes
- Seneca Gardens, KY: higher priced homes
- Meadowview Estates, KY: higher priced homes
- Houston Acres, KY: higher priced homes
Cities with Similar Populations
- Spring Valley, NV: higher priced homes
- Stockton, CA: higher priced homes
- Southfield, MI: less expensive homes
- Springfield, MO: less expensive homes
- Stockbridge, GA: less expensive homes
- Springfield, OH: less expensive homes
- Springfield, OR: higher priced homes
- Stone Mountain, GA: less expensive homes
- St. Cloud, MN: less expensive homes
- Spartanburg, SC: less expensive homes
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