Suburban affordability defines Valley Station, where Louisville's southwestern neighborhood offers significantly more space than urban options. The district surrounds several parks including Valley Traditional High School's extensive grounds, while nearby commercial corridors provide practical amenities within easy reach. Though downtown commutes require planning, most households find the trade-off worthwhile for significantly more living space and residential tranquility at competitive rates compared to central Louisville's increasingly premium-priced neighborhoods.
Family-friendly recreation thrives at the 140-acre Jefferson Memorial Forest's archery range. Renters appreciate large backyards but note sparse public transit options. The Iroquois Amphitheater's summer concerts draw crowds that dominate parking near Southern Parkway.
Leafy and laid-back, Fern Creek delivers suburban space with urban accessibility. Apartments here typically offer what downtown can't – actual parking spots and generous storage. The neighborhood surrounds Fern Creek Park, where weekend farmers markets provide fresh produce walking distance from most rental communities. Expect surprisingly spacious floor plans for the price point, with many units featuring private patios perfect for container gardens. When the Kentucky Derby approaches, you'll appreciate being just far enough from Churchill Downs to avoid the tourist chaos.
Welcome to the Apartment List February 2026 Rent Report for Louisville, KY. Currently, the overall median rent in the city stands at $1,177, roughly the same as last month. Prices remain down 0.3% year-over-year. Read on to learn more about what’s been happening in the Louisville rental market and how it compares to trends throughout the nation as a whole.
National study of renter’s satisfaction with their cities and states
Apartment List has released Louisville’s results from the third annual Apartment List Renter Satisfaction Survey. This survey, which drew on responses from over 45,000 renters, provides insight on what states and cities must do to meet the needs of 111 million American renters nationwide.
"Louisville renters expressed general satisfaction with the city overall," according to Apartment List. "Interestingly, ratings for Louisville vary widely across categories such as affordability and safety and low crime rate."
Key findings in Louisville include the following:
Renters say:
For more information on the survey methodology and findings or to speak to one of our researchers, please contact our team at rentonomics@apartmentlist.com.
