ZIP 40207
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Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: October 17, 2026
What the numbers show
December. Asking rents in ZIP 40207 usually run 0.6% below trend in December and 0.5% above it in April, about $17 a month apart at today's median. Based on 6 years of data.
Rent in ZIP 40207 is at its highest level since Zillow's records here began in March 2020.
Rent in ZIP 40207 changed +8.0% over the year to September 2026. Across the 63 Kentucky ZIP codes Zillow tracks, the typical change was +3.3%.
Rent in ZIP 40207 is 42.1% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 11 months in a row, and rose in 11 of the last 12 months.
30% of the median household income ($101,898) is $2,547 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,330).
24th cheapest of 29 ZIP codes in Louisville.
ZIP 40206, 3 miles away, rents for 11% less ($1,358/mo), about $1,900 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 40207. 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.
Who lives here
ZIP 40207 (Louisville, KY) is majority owner-occupied, has a large retiree population, has a median income above the national average, 68.2% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 40207 in Louisville, KY has changed in 5 years
Rent in ZIP 40207 in Louisville, KY has increased 32.7% since 2021, going from about $1,144 per month to roughly $1,518 today. On the earnings side, the typical household in ZIP 40207 in Louisville, KY now reports about $101,898, up from $91,484 in 2021. Rent outpaced income growth by roughly 21.3 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 29,359 to 28,903 between 2021 and 2024, a 1.6% change. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 40207 in Louisville, KY reflects that arc in its own way.
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Tips for renters in ZIP 40207
Last updated: October 17, 2026
ZIP code 40207 covers Louisville, KY. The median rent here is $1,518/mo as of October 2026. A 1-bedroom rents for a median of $1,290/mo. A 2-bedroom rents for a median of $1,570/mo.
At 18% of local median household income ($101,898/yr), ZIP 40207 ranks as affordable compared to the national benchmark of 30%. Rents have increased 8.0% over the past year.
Frequently asked questions
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How does ZIP 40207 compare to other ZIPs in Kentucky?
How does ZIP 40207 compare to the rest of Louisville?
At $1,518/mo, rent takes ~18% of ZIP 40207's median household income ($101,898/yr). The standard benchmark is 30%.
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