Rents are 6% below what Louisville's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,288 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 →
12-month history
Last updated: October 17, 2026
What the numbers show
December. Asking rents in Louisville usually run 1.8% below trend in December and 2.1% above it in June, about $89 a month apart at today's median. Based on 7 years of data.
Rent in Louisville is at its highest level since Zillow's records here began in January 2019.
Rent in Louisville changed +7.2% over the year to September 2026. Across the 60 Colorado cities Zillow tracks, the typical change was +1.4%.
From 2019 to 2024, rent in Louisville rose 32% while median household income rose 43% ($103,017 to $147,319). Income kept ahead of rent.
Rent in Louisville is 38.1% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 6 months in a row, and rose in 11 of the last 12 months.
30% of the median household income ($147,319) is $3,683 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($3,570).
Westminster, 8 miles away, rents for 18% less ($1,872/mo), about $5,000 a year in savings.
From Zillow's monthly rent index (ZORI) for Louisville. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Louisville, CO has changed in 5 years
Compared with 2021, rent in Louisville, CO has climbed by $550 per month, settling near $2,288 after starting the period at $1,738. 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 13.9 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.
Discussions about Louisville
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Can you afford rent in Louisville on your salary?
At $2,288/mo, how Louisville rent compares to typical pay (30% rule).
Louisville rent by bedroom count
Median rent for each apartment size in Louisville. Click any size for full breakdown.
Tips for renters in Louisville
Last updated: October 17, 2026
The median rent in Louisville is $2,288/mo as of October 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 19% of local median household income ($147,319/yr), Louisville ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.2% over the past year.
Frequently asked questions
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Which nearby cities are cheaper to rent in than Louisville?
At $2,288/mo, rent takes ~19% of Louisville's median household income ($147,319/yr). The standard benchmark is 30%.
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