How much does it cost to rent in Louisville, CO?

As of August 2026, the median monthly rent in Louisville, CO is $2,648. This figure is based on aggregated data from public sources and community-submitted rents.

Is Louisville cheaper than other Colorado cities?

Louisville is one of the pricier cities in Colorado, ranking #13 out of 67 cities tracked at $2,648/mo.

When was Louisville rent data last updated?

Louisville rent data reflects August 2026 and was last refreshed on August 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.

What is the Fair Market Rent in Louisville, CO?

HUD sets the Fair Market Rent for a two-bedroom home in Louisville, CO at $2,380 per month, which is 10% below the $2,648 market median. Fair Market Rent is the Housing Choice Voucher (Section 8) payment standard. It is a 40th-percentile gross rent that includes essential utilities such as electricity, water, gas, sewer, and trash, and HUD updates it once a year, so it measures something different from current market asking rent.

City Report · CO

Louisville

Name: Average Rent Prices in Louisville, CO
Creator: RentDataNow
License: https://creativecommons.org/licenses/by/4.0/

Pop. 20,786·13th most expensive in Colorado·Louisville rents are up 22.0% over the past year

Median rent (all units)

$2,648/mo

Year-over-Year

+22.0%

Month-over-Month

+0.5%

vs US Median

+$686

Rising (Monthly)

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Most AffordableMost Expensive

Louisville · $2,648

More expensive than 83% of US cities · National median $1,962/mo

Rent Reality Score

36/100

Overpriced

OverheatedFairGreat value

Rents are 7% above what Louisville's 10-year trend predicts — running hotter than its own history.

Actual rent

$2,648/mo

Expected by trend

$2,478/mo

The Rent Reality Score compares today's median rent to where Louisville's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$1,690

1 BR

$1,970

2 BR

$2,380

3 BR

$3,130

4 BR+

$3,570

Fair Market Rent (HUD)

$2,380/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,648 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

Loading…

Last updated: August 17, 2026

Annual cost

$31,776/yr

At $2,648/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 22.0% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+22.0% YoY, +0.5% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Louisville, CO is majority owner-occupied, has a median income above the national average, 69.9% of residents hold a bachelor's degree or higher.

Population

20,786

Median income

$147,319

Median age

42.6

Renters

28.3%

Age distribution

24.9%

17.2%

27.5%

13.6%

16.8%

Under 1824.9%

18–3417.2%

35–5427.5%

55–6413.6%

65+16.8%

Gender

51.1%

48.9%

Male51.1%

Female48.9%

Race & ethnicity

80.4%

White80.4%

Black1.4%

Hispanic10.4%

Asian4.1%

Other3.7%

Education (25+)

19.1%

69.9%

No HS diploma1.9%

HS diploma9.1%

Some college19.1%

Bachelor's+69.9%

Housing tenure

71.7%

28.3%

Owner71.7%

Renter28.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Louisville, CO has changed in 5 years

Rent

$1,793 → $2,648

up 47.7%

Income

$125,124 → $147,319

up 17.7%

Population

21,091 → 20,786

down 1.4%

Renter share

31.8% → 28.3%

-3.5 pts

Bachelor's+

67.4% → 69.9%

+2.5 pts

Compared with 2021, rent in Louisville, CO has climbed by $855 per month, settling near $2,648 after starting the period at $1,793. On the earnings side, the typical household in Louisville, CO now reports about $147,319, up from $125,124 in 2021. Rent outpaced income growth by roughly 30.0 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 21,091 to 20,786 between 2021 and 2024, a 1.4% change. About 28.3% of households rent today, against 31.8% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 67.4% to 69.9%. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Louisville, CO reflects that arc in its own way.

Community

Discussions about Louisville

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View Louisville rent history (2015–2026) →

Salary vs rent

Can you afford rent in Louisville on your salary?

At $2,648/mo, how Louisville rent compares to typical pay (30% rule).

Registered Nurse

Avg $99,204/yr · Rent = 32% income

stretched

Elementary School Teacher

Avg $70,434/yr · Rent = 45.1% income

rent-burdened

Police Officer

Avg $81,134/yr · Rent = 39.2% income

stretched

Software Developer

Avg $145,016/yr · Rent = 21.9% income

affordable

Lawyer

Avg $185,294/yr · Rent = 17.1% income

very comfortable

Firefighter

Avg $65,951/yr · Rent = 48.2% income

rent-burdened

Truck Driver

Avg $59,546/yr · Rent = 53.4% income

severely rent-burdened

Electrician

Avg $73,395/yr · Rent = 43.3% income

rent-burdened

By apartment size

Louisville rent by bedroom count

Median rent for each apartment size in Louisville. Click any size for full breakdown.

Local insights

Tips for renters in Louisville

About renting in Louisville, CO

Last updated: August 17, 2026

The median rent in Louisville is $2,648/mo as of August 2026. A studio apartment averages $1,690/mo while a 2-bedroom runs $2,380/mo. One-bedroom apartments average $1,970/mo and 3-bedroom units go for $3,130/mo.

At 22% of local median household income ($147,319/yr), Louisville ranks as affordable compared to the national benchmark of 30%. Rents have increased 22.0% over the past year.

FAQ

Frequently asked questions

Is Louisville an affordable city for renters?

Louisville is considered very affordable for renters. At $2,648/mo, rent takes approximately 22% of the local median household income ($147,319/yr). The standard benchmark is 30%. Louisville falls comfortably within that range.

How much income do you need to rent in Louisville?

To keep rent at or below 30% of gross income, you would need to earn at least $106,000/year (~$51/hour full-time) to afford the median rent of $2,648/mo in Louisville. The local median household income is $147,319/yr, meaning the typical Louisville household meets that threshold.

Is rent going up or down in Louisville?

Rent in Louisville has increased 22.0% over the past year as of August 2026, putting upward pressure on renter budgets.

How does Louisville rent compare to other cities in Colorado?

Louisville is one of the pricier cities in Colorado for rent, ranking #13 out of 67 tracked cities at $2,648/mo.

Which nearby cities are cheaper to rent in than Louisville?

Several nearby cities have lower median rents than Louisville ($2,648/mo): Broomfield ($2,081/mo), Arvada ($2,117/mo), Lafayette ($2,211/mo).

What percentage of Louisville residents rent vs. own?

According to Census data, approximately 28.3% of Louisville households are renters, while 71.7% are owner-occupied. Louisville leans toward homeownership, which can mean a smaller rental inventory.

How does Louisville rent compare to the national average?

Louisville's median rent of $2,648/mo is $686 (35%) above the US national median of $1,962/mo. Within Colorado, it ranks #13 out of 67 tracked cities.

Income Affordability

22%

VERY AFFORDABLE

At $2,648/mo, rent takes ~22% of Louisville's median household income ($147,319/yr). The standard benchmark is 30%.

Louisville 22%Benchmark 30%

State income tax4.4%

Run the Louisville affordability calculator →

Nearby cities