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Highlights

  • Clubhouse
  • High-speed internet access
  • On-site parking options
  • Professional leasing team
  • Convenient parking

Location

5011 Southside Dr, Louisville, KY 40214, USA|Southside
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Management

CO Apartments LLC

Our team has verified this company

Leasing office

(502) 668-3033

Property Overview

Colonial Oaks is a highly rated, verified community with a 9.4/10 overall score, strong value for money, and top marks for both location and quality, making it a compelling option for renters. Residents benefit from convenient on-site parking, a clubhouse, high-speed internet access, and support from a professional leasing team, along with detailed listing information and ample photos that provide transparency and a clear sense of the property.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

9.4
Excellent
Colonial Oaks is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Location and Quality, which help to make this rental a great place to call home.

Things you’ll love

  • Elementary school nearby
  • Less expensive
  • High school nearby

Floor plans

Updated 1 Bedroom1 bed1 bath700 sqft$1,067 /mo1 unit available
Updated 2 Bedroom Apartment2 bed1 bath900 sqft$899 /mo1 unit available

Let's explore this property.

Amenities for Colonial Oaks

Apartment Amenities

All Utilities Included

Building

Onsite LaundryResidents Lounge

Grounds

Outdoor Space

Services

On-Site Management
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
Building details

Property details

Units192
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About Colonial Oaks

HomeApartments in LouisvilleSouthside Colonial Oaks

Find your new place at Colonial Oaks. You'll find this community at 5011 Southside Dr. in the 40214 area of Louisville. A collection of amenities are available. Some of these include: convenient on-site parking options, a clubhouse, and high-speed internet access. The professional leasing team is excited to help you find your dream apartment. Experience a new standard at Colonial Oaks.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
9.4
/10
Excellent
Colonial Oaks is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Location and Quality, which help to make this rental a great place to call home.
How we rated Colonial Oaks
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Colonial Oaks stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Colonial Oaks goes above and beyond to provide sought-after conveniences and desirable perks, including on-site management. Renters looking for popular or luxurious features will find them here—and for that reason, Colonial Oaks receives one of the highest amenities scores.
Location·10A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Colonial Oaks offers residents unparalleled convenience to popular points of interest, transportation, schools, and more, which provide an elevated quality of life. Communication with management is usually quick and easy, allowing for a more expedited application and renting process, saving you time and money.
Quality·10A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
Colonial Oaks has notable characteristics that give it an edge. It is a verified property that stands out from others nearby as an exceptional choice for renters looking for a specific lifestyle. Offering a combination of prestige, modernity, and tailored living experiences, residents can expect nothing short of excellence at Colonial Oaks.
Trustworthiness·9A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Colonial Oaks has gone above and beyond to craft a useful, detailed description, demonstrating transparency and trustworthiness, and giving renters a clear picture of what to expect from the property and its management, so they can make an informed decision about whether the rental meets their needs.

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 Colonial Oaks compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.2 mile away
Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
High school nearby
There is a high school 1 mile away
Images Available
There are at least 10 photos of this address
Laundry available on site
Washers and dryers are available in-building or in-unit
Outdoor space
Easy access to the outdoors

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Rent trends in Southside

If you decide to upgrade your space, you can expect 2-bedrooms at Colonial Oaks to be on par with the average for similarly sized apartments in Southside.

Median rents as of May 2 2026.
Southside
Louisville
A table of 2-bedroom apartment rental data trends in Louisville
MonthMedian Rent
May 2024$1,309
June 2024$1,300
July 2024$1,289
August 2024$1,254
September 2024$1,252
October 2024$1,219
November 2024$1,250
December 2024$1,249
January 2025$1,212
February 2025$1,247
March 2025$1,180
April 2025$1,181
May 2025$1,200
June 2025$1,200
July 2025$1,204
August 2025$1,200
September 2025$1,201
October 2025$1,201
November 2025$1,206
December 2025$1,250
January 2026$1,250
February 2026$1,250
March 2026$1,247
April 2026$1,222
May 2026$1,200
A table of 2-bedroom apartment rental data trends in Southside
MonthMedian Rent
May 2024$782
June 2024$1,099
February 2026$942
March 2026$931
April 2026$899

Affordability calculator

Can I afford to live at 5011 Southside Dr?

Bedrooms

Rent-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

$42,680/yr

With your selected rent-to-income ratio, you'd ideally want to make $42,680 annually to afford this 1-bedroom monthly rent price of $1,067.
For more information on rent affordability, visit our rent calculator.

Schools near Colonial Oaks

Rutherford Elementary School

301 southland blvd

louisville, KY, 40214

PK, K-5Public
C

Churchill Park School

435 boxley ave

louisville, KY, 40209

PK, K-12Public

Georgia Chaffee Teenage Parent Program

1010 neighborhood pl

fairdale, KY, 40118

PK, 6-12Public
B-

Waller-Williams Environmental

2415 rockford ln

louisville, KY, 40216

K-12Public

Peace Academy

2020 newburg rd

louisville, KY, 40205

PK, K-12Public
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Internet available near Colonial Oaks

Getting around Louisville near 5011 Southside Dr

Walking

5/10
Some shops and stores are within a few minutes.

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 5011 Southside Dr, Louisville

Groceries

8/10
At least one grocery store within a few minutes' walk

Shopping

3/10
Some shops within walking distance

Cafes

4/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

8/10
At least one elementary school within a 10-minute walk

High schools

4/10
No high schools within a 30-minute walk

Parks

7/10
Moderate amount of park space nearby

Nightlife

2/10
Few or no bars within walking distance

Explore the area around 5011 Southside Dr

Vietnam Oriental Food Market
5019 S 3rd St
A-Chau Grocery Store
5105 S 3rd St
Phuoc Binh
5301 S 3rd St
ValuMarket
5301 Mitscher Ave
Five Star Halal Grocery
310 W Woodlawn Ave

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