Property Prices in Louisville, KY, United States

Index Info
Price to Income Ratio: 3.59
Mortgage as Percentage of Income: 32.34%
Loan Affordability Index: 3.09
Price to Rent Ratio - City Centre: 11.43
Price to Rent Ratio - Outside of Centre: 12.61
Gross Rental Yield (City Centre): 8.75%
Gross Rental Yield (Outside of Centre): 7.93%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,387.38 $ 1,100.00-2,200.00
Apartment (1 bedroom) Outside of Centre 1,105.83 $ 835.00-1,500.00
Apartment (3 bedrooms) in City Centre 2,366.67 $ 1,600.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 1,980.00 $ 1,500.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 314.00 $ 170.01-350.00
Price per Square Feet to Buy Apartment Outside of Centre 282.00 $ 170.01-310.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,463.02 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.57 6.12-6.80

These data are based on 94 entries in the past 18 months from 23 different contributors.
Last update: June 2024

Sources and References
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