Markets › Louisville
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Louisville KY Apartment Market Read
Current market read
Balanced market
ConditionBalanced
Balanced on the yearly data, with the monthly figures, asking rents and jobs cooling.
From public data. The situation now, not a forecast.
Renter Google searchabout 1,900 searches in August 2026 · HousesSee read → What renters Google mostHousesSee all →
Renter Google Search InterestGoogle · monthly
About 1,900 searches in August 2026, for Louisville on its own
November is usually one of the quietest months for renter searches here.
Attention, not a verdict. Google searches for apartments to rent.
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The day asking rent growth (now +1.4%) or job growth (now 0.0%) moves half a point, you get an email. Plus two years of history and the report.
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Momentum · which way it's movingRENT + JOBS · UPDATED MONTHLY
Cooling
Job growth has cooled (September 2026).
Job growthBLS · SEPTEMBER 2026, PRELIMINARY
0.0%
▲ Hiring, past 12 months
Job growth · 12 months
Oct 2025 to Sep 2026, with Pro
VacancyCENSUS · 2024
Share of rentals sitting empty. A yearly count, last taken 2024, not what sets the condition.
Asking rentZILLOW · MONTHLY
$1,226 a month
September 2026, ▲ up 1.4% on September 2025
Data Provided by Zillow Group
Asking rent · 24 months
Oct 2024 to Sep 2026, with Pro
Census 2024: +5.3% · US avg +4.6%
Median rentCENSUS · 2024
$1,140/mo
Typical rent. A yearly count, last taken 2024
Median rent · 8 yearly counts
2017 to 2025, no 2020, with Pro
In the news · LouisvilleNEWS · DAILY
Latest local coverage, 4 days ago. softer neutral firmer
Northmarq Closes Sale of Luxury Multifamily Community The Bend Apartments in Louisville MetroClubhouse Apartments set to be demolished early 2027Metropolitan Housing Coalition lands $1M loan as city faces rising housing costsView all 8 Louisville news →Demand vs supplyCENSUS + BLS
Weak demand
DEMAND
Jobs0.0%
Migration 2025−1.5/1k
SUPPLY
Permits 2025+29%
Vacancy 20246.9%
Rent vs buyWEEKLY RATE · 2024 RENT
+$863/mo
Cheaper to rent than buying
rent $1,140 · own $2,003
$1,140RENT
$2,003OWN
Domestic migrationCENSUS · 2025
−1.5/1k
▼ More people left for other US places than moved in. A yearly count, last taken 2025.
OUTFLOWINFLOW
Census · BLS · FRED · Zillow · news
For information only. Not investment advice. AI-written summaries can make mistakes.