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River heritage defines Portland, where Louisville's northwestern neighborhood maintains authentic Ohio River connections through both architecture and community events. The district offers Kentucky's rare combination of historic properties and genuine affordability increasingly difficult to find in similarly-aged communities experiencing rapid gentrification. With downtown Louisville just minutes away, Portland provides urban accessibility without corresponding rental premiums that typically accompany such proximity in other cities.
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.
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.
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.
