Updated 4 Days Ago
Highlights
Pet Friendly
Location
5704 Locust Way, Louisville, KY 40229, USA
Tour 5704 Locust Way
Contact
MSR - Louisville (Louisville, KY)
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Property management
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Amenities for 5704 Locust Way
Community
| Cats OK | Dogs OK |
Grounds
| Swimming Pool |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
All Policy
Allowed
Questions about this property’s policies and fees?
About 5704 Locust Way
Beautiful, pet-friendly home coming soon! Apply now — available date is tentative and move-in will be scheduled within 5–10 days of the home being ready. Upon approval, $500 reservation deposit to reserve (applied to security deposit and/or refundable). Application fee: $55 per adult. Security Deposit: one month's rent. Pet fees: $250 + $40/mo per pet. Some homes may include pool ($150/mo), septic ($15/mo), and/or HOA fees; other fees may apply. We do not advertise on or ask for payments via check, cash, wire transfer, or cash apps. Contact us to schedule a showing.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 5704 Locust Way compares to other nearby properties.
Positives
- More space
- The 3-bedroom is 343 sqft larger than other listings nearby
- Images Available
- There are at least 10 photos of this property
- Pool
- Enhanced community features
Considerations
- Greater distance from high schools
- The nearest high school is farther than 2.8 miles away
- Priced higher than average
- 3-bedrooms are $501 more than the median rent in this area
- Greater distance from middle schools
- The nearest middle school is farther than 1.8 miles away
- Grow a garden indoors
- A balcony, backyard, or shared outdoor space isn't available
Address details
| Zip code | 40229 |
|---|---|
| Type | House for rent |
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Rent trends in Louisville
3-bedroom apartments at 5704 Locust Way cost about 34% more than the average rent price for 3-bedroom apartments in Louisville.
Median rents as of Nov 7 2026.
Louisville
| Month | Median Rent |
|---|---|
| November 2024 | $1,612 |
| December 2024 | $1,622 |
| January 2025 | $1,636 |
| February 2025 | $1,646 |
| March 2025 | $1,631 |
| April 2025 | $1,620 |
| May 2025 | $1,677 |
| June 2025 | $1,648 |
| July 2025 | $1,645 |
| August 2025 | $1,620 |
| September 2025 | $1,614 |
| October 2025 | $1,614 |
| November 2025 | $1,635 |
| December 2025 | $1,632 |
| January 2026 | $1,655 |
| February 2026 | $1,668 |
| March 2026 | $1,617 |
| April 2026 | $1,600 |
| May 2026 | $1,590 |
| June 2026 | $1,599 |
| July 2026 | $1,615 |
| August 2026 | $1,627 |
| September 2026 | $1,602 |
| October 2026 | $1,565 |
| November 2026 | $1,545 |
Affordability calculator
Can I afford to live at 5704 Locust Way?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$83,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $83,000 annually to afford this 3-bedrooms monthly rent price of $2,075.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 4 years ago | $1,930 |
Schools near 5704 Locust Way
Laukhuf Elementary School
5100 capewood dr
louisville, KY, 40229
PK, K-5Public
C+
Georgia Chaffee Teenage Parent Program
1010 neighborhood pl
fairdale, KY, 40118
PK, 6-12Public
B-
George Unseld Early Childhood Center
5216 ilex ave
louisville, KY, 40213
PKPublic
Binet School
3410 bon air ave
louisville, KY, 40220
K-12Public
Peace Academy
2020 newburg rd
louisville, KY, 40205
PK, K-12Public
Neighborhood
Getting around Louisville near 5704 Locust Way
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 5704 Locust Way, Louisville
Groceries
4/10
At least one grocery store within a 30-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
5/10
At least one elementary school within a 30-minute walk
High schools
0/10
No high schools within a 30-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
3/10
Few or no bars within walking distance
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