RentDataNowRentDataNow
ZIP Code · KY

ZIP 40206

Pop. 20,161·Jefferson County·50th most expensive ZIP in Kentucky
Median rent (all units)
$1,362/mo
Year-over-Year
+10.7%
Month-over-Month
+0.8%
vs US Median
-$603
Rising (Monthly)
Be the first to discuss 40206 rents ↓
Most AffordableMost Expensive
ZIP 40206 · $1,362
More affordable than 83% of US ZIP codes · National median $1,965/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,060
1 BR
$1,150
2 BR
$1,400
3 BR
$1,790
4 BR+
$2,080
Research median
$1,400/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$16,344/yr
At $1,362/mo median
Location
StateKY
CountyJefferson County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 10.7% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+10.7% YoY, +0.8% MoM), not inventory.
Demographics

Who lives here

ZIP 40206 (Louisville, KY) is roughly split between renters and owners, 56.7% of residents hold a bachelor's degree or higher.

Population
20,161
Median income
$75,798
Median age
38.4
Renters
47.4%
Age distribution
14.7%
28.8%
28.2%
17%
Under 1814.7%
18–3428.8%
35–5428.2%
55–6411.3%
65+17%
Gender
52.3%
47.7%
Male52.3%
Female47.7%
Race & ethnicity
76.8%
White76.8%
Black9.9%
Hispanic4.6%
Asian3%
Other5.7%
Education (25+)
15.7%
23.1%
56.7%
No HS diploma4.5%
HS diploma15.7%
Some college23.1%
Bachelor's+56.7%
Housing tenure
52.6%
47.4%
Owner52.6%
Renter47.4%

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

2021 vs 2026

How ZIP 40206 in Louisville, KY has changed in 5 years

Rent
$1,007 → $1,362
up 35.3%
Income
$62,915 → $75,798
up 20.5%
Population
20,836 → 20,161
down 3.2%
Renter share
46.6% → 47.4%
+0.8 pts
Bachelor's+
56.4% → 56.7%
+0.3 pts

Compared with 2021, rent in ZIP 40206 in Louisville, KY has increased by $355 per month, settling near $1,362 after starting the period at $1,007. Local incomes tracked alongside that move, going from a median of $62,915 in 2021 to $75,798 more recently. Rent outpaced income growth by roughly 14.8 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 20,836 to 20,161 between 2021 and 2024, a 3.2% change. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 40206 in Louisville, KY market of 2021.

Community

Discussions about ZIP 40206

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 40206

About renting in ZIP 40206

Last updated: July 20, 2026

ZIP code 40206 covers Louisville, KY. The median rent here is $1,362/mo as of July 2026. A 1-bedroom rents for a median of $1,150/mo. A 2-bedroom rents for a median of $1,400/mo.

At 22% of local median household income ($75,798/yr), ZIP 40206 ranks as affordable compared to the national benchmark of 30%. Rents have increased 10.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 40206?

As of July 20, 2026, the median monthly rent in ZIP 40206 (Louisville, KY) is $1,362. This is based on aggregated data from public sources and community submissions.

How does ZIP 40206 rent compare to the US average?

ZIP 40206's median rent of $1,362/mo is $603 (31%) below the US national median of $1,965/mo.

How does ZIP 40206 compare to other ZIPs in Kentucky?

ZIP 40206 falls in the middle range for Kentucky, ranking #50 out of 83 ZIPs at $1,362/mo.

How much income do you need to rent in ZIP 40206?

To keep rent at or below 30% of gross income, you would need to earn at least $54,000/year (~$26/hour full-time) to afford the median rent of $1,362/mo in ZIP 40206. The local median household income is $75,798/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 40206?

Rent in ZIP 40206 has increased 10.7% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 40206 an affordable place to rent?

ZIP 40206 is considered very affordable for renters. At $1,362/mo, rent takes approximately 22% of the local median household income ($75,798/yr). The standard benchmark is 30%. ZIP 40206 falls comfortably within that range.

What percentage of ZIP 40206 residents rent vs. own?

According to Census data, approximately 47.4% of ZIP 40206 households are renters, while 52.6% are owner-occupied. ZIP 40206 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 40206 compare to the rest of Louisville?

ZIP 40206 is more affordable than Louisville overall. At $1,362/mo, it's $32 below the Louisville citywide median of $1,394/mo.

When was rent data for ZIP 40206 last updated?

Rent data for ZIP 40206 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
22%
VERY AFFORDABLE

At $1,362/mo, rent takes ~22% of ZIP 40206's median household income ($75,798/yr). The standard benchmark is 30%.

ZIP 40206 22%Benchmark 30%
State income tax4%
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 40206 (Louisville, KY)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.