2026 Affordability Data
Most Affordable Neighborhoods in Louisville - 2026 Data
The median home value in Louisville is $195,000, 31% below nat'l avg. Median rent is $988/month. With an affordability index of 56, Louisville is less affordable than the national baseline of 100. We ranked 0 neighborhoods by affordability to help you find the best value in the Louisville, KY area.
Key Takeaways: Affordability in Louisville
- 1Louisville's median home value is $195,000, 31% below nat'l avg (national: $281,900).
- 2Louisville's affordability index is 56 (baseline 100), making it less affordable than the national average.
- 3Median rent in Louisville is $988/month, 15% below nat'l avg (national: $1,163/month).
Louisville Affordability Overview
Median Home Value
$195,000
31% below nat'l avg
Median Rent
$988/mo
15% below nat'l avg
Median Income
$52,237
30% below nat'l avg
Affordability Index
56
44% below nat'l avg
Frequently Asked Questions About Affordability in Louisville
What is the median home price in Louisville, KY?▾
The median home price in Louisville is $195,000, which is 31% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Louisville affordable compared to the national average?▾
Louisville has an affordability index of 56, which means housing is less affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Louisville, KY?▾
The median monthly rent in Louisville is $988. This is 15% below nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Louisville?▾
The median household income in Louisville is $52,237 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).