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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 $208,477, lower than the Ohio average of $236,816.
The average cost of rent is $993/mo in Louisville, primarily driven by the current value of real estate in the Louisville area. In Louisville, 24.00% of households rent, and 38.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Louisville is $6,487 per month. Households that rent pay about 15.31% of their income on rent here. Louisville’s most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- East Canton, OH: less expensive homes
- Maximo, OH: equally priced homes
- Middlebranch, OH: higher priced homes
- Paris, OH: equally priced homes
- Robertsville, OH: equally priced homes
- Canton, OH: less expensive homes
- North Canton, OH: higher priced homes
- Marlboro, OH: equally priced homes
- Meyers Lake, OH: less expensive homes
- Hartville, OH: higher priced homes
Cities with Similar Populations
- Fairwood, WA: higher priced homes
- Vail, AZ: higher priced homes
- Walker, LA: higher priced homes
- Walled Lake, MI: higher priced homes
- Washington Court House, OH: less expensive homes
- Glen Avon, CA: higher priced homes
- Glastonbury, CT: higher priced homes
- Fulton, NY: less expensive homes
- Westborough, MA: higher priced homes
- Fort Bragg, NC: equally priced homes
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