Property Prices in Louisville, KY, United States

Index Info
Price to Income Ratio: 2.53
Mortgage as Percentage of Income: 18.15%
Loan Affordability Index: 5.51
Price to Rent Ratio - City Centre: 11.67
Price to Rent Ratio - Outside of Centre: 5.05
Gross Rental Yield (City Centre): 8.57%
Gross Rental Yield (Outside of Centre): 19.82%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,052.39 $ 800.00-1,257.00
Apartment (1 bedroom) Outside of Centre 822.68 $ 685.00-1,080.00
Apartment (3 bedrooms) in City Centre 1,895.83 $ 1,500.00-2,800.00
Apartment (3 bedrooms) Outside of Centre 1,416.67 $ 1,100.00-2,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 249.06 $ 166.12-313.40
Price per Square Feet to Buy Apartment Outside of Centre 82.50 $ 75.32-91.81
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,532.14 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.86 2.50-6.00

These data are based on 164 entries in the past 18 months from 34 different contributors.
Last update: February 2021

Sources and References
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