Louisville
Kentucky · Ranked #25 of 102 metros
62Moderate
Median Home Price
🏠$255K
Need $73K income
Median Rent
🔑$1K
Need $42K income
Housing Shortage
📉18,000
units needed
Building Permits
🔨7,000
annual
Median Income
💰$58K
Pop: 1,285,439
Rent Burden
⚠️29.5%
of renters paying >30%
Price Change (YoY)
📈+4.5%
Homeownership
🏡65.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Louisville | National |
|---|---|---|
| Price-to-Income Ratio | 4.4x | 6.1x |
| Rent Burden | 29.5% | 31.5% |
| Homeownership Rate | 65.0% | 65.5% |
| YoY Price Change | +4.5% | +3.5% |
| YoY Rent Change | +3.5% | +2.8% |
| Mortgage Denial Rate | 14.0% | 13.5% |
| Eviction Rate | 6.8% | 3.6% |