Apartments for Rent in Central Business District, Louisville, KY

Central Business District, Louisville apartment availability

Central Business District, Louisville offers a strong selection of rental listings, with an average of 68 rentals available each month in 2024. The majority of rentals are 1-bedroom and 2-bedroom apartments, with a smaller number of studios and 3-bedroom apartments. Many of these apartments cater to pet owners, with over 85% allowing pets, including small pets. This neighborhood's pet-friendly atmosphere makes it an attractive option for renters with furry friends.

Central Business District, Louisville rental market trends

The Central Business District in Louisville saw a modest 3.14% increase in average monthly rent last year, reaching $1,192. 1-bedrooms average around $1,076 per month, with a slight 0.95% annual increase. In contrast, 2-bedrooms experienced a 1.24% decrease, averaging $1,363 per month. Studios saw a notable 13.71% increase, with an average rent of $977.

Spring is when prices in the Central Business District tend to peak, with April typically seeing the highest rent, 15% higher than December. If you're looking for a new apartment, winter might be a good time to search, as prices are generally lower. December, in particular, may offer fewer rental options, but also less competition. On the other hand, if you're looking to rent a 3-bedroom apartment, be prepared for a significant increase, as prices have risen by 25.12% over the past year, averaging $2,413 per month.

Why Central Business District, Louisville is a great place to live

Central Business District is a hub for renters who prioritize social living and fitness. According to 2024 data, the neighborhood's high walk score, safety, and abundance of restaurants make it an ideal spot for those who enjoy getting out and about with friends. Additionally, the area's street infrastructure and transit frequency ensure easy access to social hotspots. For fitness enthusiasts, many apartments in Central Business District offer onsite gym equipment, fitness centers, and proximity to parks and recreation areas, making it easy to maintain an active lifestyle. The neighborhood's focus on health and wellness is further enhanced by features like low VOC materials, modern HVAC systems, and soundproofing in many buildings. Overall, Central Business District is a great choice for renters seeking a vibrant, healthy lifestyle.