Property Prices in Louisville, KY, United States

Index Info
Price to Income Ratio: 2.79
Mortgage as Percentage of Income: 22.87%
Loan Affordability Index: 4.37
Price to Rent Ratio - City Centre: 10.79
Price to Rent Ratio - Outside of Centre: 11.16
Gross Rental Yield (City Centre): 9.27%
Gross Rental Yield (Outside of Centre): 8.96%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,290.00 $ 1,000.00-1,800.00
Apartment (1 bedroom) Outside of Centre 929.44 $ 700.00-1,100.00
Apartment (3 bedrooms) in City Centre 2,175.00 $ 1,600.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 1,466.67 $ 1,100.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 274.07 $ 249.00-400.00
Price per Square Feet to Buy Apartment Outside of Centre 198.50 $ 120.00-325.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,556.25 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.41 3.25-6.12

These data are based on 82 entries in the past 18 months from 15 different contributors.
Last update: June 2023

Sources and References
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