5+ Days Ago
Highlights
New Construction
- All new appliances
- Brand new home
- Near downtown
- Washer and dryer available
Location
721 E Caldwell St, Louisville, KY 40203, USA|Smoketown
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Property Overview
Located in an area with a rich social scene, this property features proximity to 41 venues for entertainment and sports, supported by 160 restaurants within a mile and numerous mixed-use spaces. Its value per square foot ranks in the 76.47 percentile, offering attractive potential for renters. Additionally, the nearby top-rated middle school enhances community engagement, while 24 detailed photos provide a comprehensive view of the property.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Middle school nearby- Images Available
Great for
Social life
Amenities for 721 E Caldwell St, Smoketown
Apartment Amenities
| 2 Floors | Central Air |
Appliances
| In-Unit Laundry |
Building
| Laundry Room | Roof Type: Shingle |
Grounds
| Outdoor Space |
Other
| Exterior Type: Vinyl Siding | Nine Rooms |
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
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About 721 E Caldwell St
Property Status: Active RENT, OWNER FINANCING OR SALE possible. This 3-bed, 2.5 bath home is brand new. Never occupied. New appliances. All new! Many extras like the quiet, dual zoned HVAC. In easy walking distance to restaurants, shopping, and entertainment. Paris Pointe. Near downtown, Germantown, Shelby Park, NuLu, Baxter/Bardstown Road. The Urban Government Center, a few blocks away and located on an 11- acre site is finally being demolished, with many millions of dollars projected for its redevelopment. The property is fully fenced, with shrubs in the front and grass in the back yard. There is a 20x20 gravel parking spot off the back alley. Pets may be allowed. A washer and dryer may be available. CALL TODAY! Pets may be allowed. A washer and dryer may be available.
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 721 E Caldwell St compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.3 mile away
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
Address details
| Neighborhood | Smoketown |
|---|---|
| Zip code | 40203 |
| Type | House for rent |
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Rent trends in Smoketown
3-bedroom apartments at 721 E Caldwell St cost about 1% more than the average rent price for 3-bedroom apartments in Louisville.
Median rents as of Nov 15 2025.
Smoketown
Louisville
| Month | Median Rent |
|---|---|
| December 2023 | $1,529 |
| January 2024 | $1,520 |
| February 2024 | $1,542 |
| March 2024 | $1,600 |
| April 2024 | $1,634 |
| May 2024 | $1,659 |
| June 2024 | $1,658 |
| July 2024 | $1,639 |
| August 2024 | $1,609 |
| September 2024 | $1,633 |
| October 2024 | $1,646 |
| November 2024 | $1,623 |
| 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 | $1,628 |
| Month | Median Rent |
|---|---|
| November 2024 | $1,547 |
| December 2024 | $1,599 |
| November 2025 | $1,787 |
Affordability calculator
Can I afford to live at 721 E Caldwell St?
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
$72,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $72,000 annually to afford this 3-bedrooms monthly rent price of $1,800.
For more information on rent affordability, visit our rent calculator.
Schools near 721 E Caldwell St
Pathfinder School of Innovation
900 s floyd st
louisville, KY, 40203
K-12Public
C-
Dawson Orman Education Center
900 s floyd st
louisville, KY, 40203
PKPublic
Shelby Academy
735 ziegler st
louisville, KY, 40217
K-5Public
C
Home of the Innocents School
1100 east market st
louisville, KY, 40206
K-12Public
Home of the Innocents Discovery
1100 east market st
louisville, KY, 40206
PK, K-12Public
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Internet available near 721 E Caldwell St
Getting around Louisville near 721 E Caldwell St
Walking
8/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
4/10
Frequent public transit options are within walking distance.
Points of interest for 721 E Caldwell St, Louisville
Groceries
8/10
At least one grocery store within a few minutes' walk
Shopping
5/10
Variety of shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
6/10
Variety of restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
6/10
Some bars within walking distance
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