Apartments for Rent in Old Louisville, Louisville, KY

Old Louisville, Louisville apartment availability

Old Louisville's rental market offers a very strong selection of listings, with an average of 120 rentals available each month. The majority of rentals are 1-bedroom apartments, followed by 2-bedroom and studio apartments. Many of these apartments are pet-friendly, with 46% allowing small pets or having pet-friendly policies with restrictions. This charming neighborhood is a great option for renters looking for a historic and vibrant community with a range of housing options. With its proximity to downtown Louisville and the University of Louisville, Old Louisville is an attractive choice for students, professionals, and families alike.

Old Louisville, Louisville rental market trends

The Old Louisville rental market experienced a decline in average rent prices over the past year, with an 8% decrease to $879 per month. Breaking it down by bedroom count, 1-bedrooms averaged $817 per month, a 2.7% decrease from the previous year. 2-bedrooms saw a 4.8% decrease to $1,104, while 3-bedrooms experienced a slight 0.9% increase to $1,309. Studio apartments had the largest decline, with a 14.7% decrease to $717.

The rental market in Old Louisville tends to fluctuate throughout the year, with September typically seeing the highest rent prices, 12.3% higher than December, the month with the lowest rent. If you're looking for a new apartment, winter may be a good time to search, as prices tend to be lower. However, if you're looking for a specific type of apartment, be prepared for varying levels of competition throughout the year.

Why Old Louisville, Louisville is a great place to live

Old Louisville stands out as a neighborhood that seamlessly blends a vibrant social life with a strong commitment to environmental sustainability.

For those who value an active social calendar, the area's high walk score, diverse restaurant scene, well-maintained street infrastructure, frequent transit options, and emphasis on safety make it an ideal place to call home.

Meanwhile, its focus on sustainability is evident in the use of non-toxic paint, waste recycling and composting programs, incorporation of sustainable materials in construction, and abundance of parks and recreational spaces. The neighborhood also prioritizes eco-friendly practices through rainwater harvesting, community solar projects, and the installation of low-flow fixtures. With its unique blend of social and environmental consciousness, Old Louisville offers a unique living experience.