Apartments Under $700 in Louisville, KY: November Rental Information
Welcome to the November 2024 Louisville Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Louisville rental landscape.
Our experts analyze the inventory trends for apartments under $700 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Louisville and surrounding areas. This summary also provides insight into available features and amenities, as well as location options for apartments under $700 in Louisville.
With this report, prospective renters can gain a comprehensive understanding of the Louisville rental market, helping them make informed decisions when searching for their next apartment. So, whether you're a student on a budget or someone looking to downsize, Rentable has got you covered in finding affordable apartments in Louisville.
This month, the typical cost to rent a one-bedroom apartment in Louisville stands at $1,010, with the majority falling between $650 and $1,480. Out of the 2,980 one-bedroom apartments currently on the market in Louisville, 336 are priced below $700, accounting for 11% of the total available one-bedroom units in Louisville.
Available Apartments Under $700: Louisville vs. Surrounding Areas
Louisville, KY
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The chart above provides a snapshot of the number of available apartments in Louisville, KY and surrounding cities for under $700. As of November 2024, there are a variety of affordable options in the Louisville metro area. In addition to Louisville itself, the chart also includes data for several nearby cities, such as New Albany, Clarksville, Prospect, St Regis Park, Shelbyville, Jeffersontown, Crestwood, Mount Washington, Fairdale, Simpsonville, Taylorsville, Pekin, and Jeffersonville. In total, there are 66 apartments available that meet the criteria of being under $700. This information serves as a helpful guide for renters looking for affordable housing options in the Louisville, KY area.
Apartments Under $700 Now vs. Last Month: Louisville and Surrounding Areas