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ZIP Code · KY

ZIP 40208

Pop. 15,605·Jefferson County·62nd most expensive ZIP in Kentucky
Median rent (all units)
$1,197/mo
Year-over-Year
+12.0%
Month-over-Month
+0.5%
vs US Median
-$768
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 40208 · $1,197
More affordable than 92% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$820
1 BR
$890
2 BR
$1,080
3 BR
$1,390
4 BR+
$1,610
Research median
$1,080/mo

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

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$14,364/yr
At $1,197/mo median
Location
StateKY
CountyJefferson County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 12.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+12.0% YoY, +0.5% MoM), not inventory.
Demographics

Who lives here

ZIP 40208 (Louisville, KY) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 35.8% of residents hold a bachelor's degree or higher.

Population
15,605
Median income
$39,560
Median age
23.3
Renters
73.8%
Age distribution
12.7%
58.6%
15.9%
Under 1812.7%
18–3458.6%
35–5415.9%
55–645.1%
65+7.7%
Gender
50.6%
49.4%
Male50.6%
Female49.4%
Race & ethnicity
63.3%
23.8%
White63.3%
Black23.8%
Hispanic5.9%
Asian2.1%
Other4.9%
Education (25+)
22.5%
31%
35.8%
No HS diploma10.7%
HS diploma22.5%
Some college31%
Bachelor's+35.8%
Housing tenure
26.2%
73.8%
Owner26.2%
Renter73.8%

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

2021 vs 2026

How ZIP 40208 in Louisville, KY has changed in 5 years

Rent
$841 → $1,197
up 42.3%
Income
$28,634 → $39,560
up 38.2%
Population
15,270 → 15,605
up 2.2%
Renter share
76.1% → 73.8%
-2.3 pts
Bachelor's+
36.2% → 35.8%
-0.4 pts
Median age
22 → 23.3
+1.3 yrs

Five years ago, renters in ZIP 40208 in Louisville, KY paid around $841 a month. That figure now sits near $1,197, up 42.3% from the 2021 baseline. Local incomes tracked alongside that move, going from a median of $28,634 in 2021 to $39,560 more recently. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 40208 in Louisville, KY adding about 335 residents over the five-year window, up 2.2% on net. The renter share has eased from 76.1% to 73.8%, with owner-occupied housing accounting for the remainder. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 40208 in Louisville, KY market of 2021.

Community

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Local insights

Tips for renters in ZIP 40208

About renting in ZIP 40208

Last updated: July 20, 2026

ZIP code 40208 covers Louisville, KY. The median rent here is $1,197/mo as of July 2026. A 1-bedroom rents for a median of $890/mo. A 2-bedroom rents for a median of $1,080/mo.

At 36% of local median household income ($39,560/yr), ZIP 40208 ranks as moderate compared to the national benchmark of 30%. Rents have increased 12.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 40208?

As of July 20, 2026, the median monthly rent in ZIP 40208 (Louisville, KY) is $1,197. This is based on aggregated data from public sources and community submissions.

How does ZIP 40208 rent compare to the US average?

ZIP 40208's median rent of $1,197/mo is $768 (39%) below the US national median of $1,965/mo.

How does ZIP 40208 compare to other ZIPs in Kentucky?

ZIP 40208 is among the more affordable ZIP codes in Kentucky, ranking #62 out of 83 ZIPs at $1,197/mo.

How much income do you need to rent in ZIP 40208?

To keep rent at or below 30% of gross income, you would need to earn at least $48,000/year (~$23/hour full-time) to afford the median rent of $1,197/mo in ZIP 40208. The local median household income is $39,560/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 40208?

Rent in ZIP 40208 has increased 12.0% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 40208 an affordable place to rent?

ZIP 40208 is considered moderate for renters. At $1,197/mo, rent takes approximately 36% of the local median household income ($39,560/yr). The standard benchmark is 30%. ZIP 40208 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 40208 residents rent vs. own?

According to Census data, approximately 73.8% of ZIP 40208 households are renters, while 26.2% are owner-occupied. With a majority renter population, ZIP 40208 has a strong rental market.

How does ZIP 40208 compare to the rest of Louisville?

ZIP 40208 is more affordable than Louisville overall. At $1,197/mo, it's $197 below the Louisville citywide median of $1,394/mo.

When was rent data for ZIP 40208 last updated?

Rent data for ZIP 40208 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
36%
MODERATE

At $1,197/mo, rent takes ~36% of ZIP 40208's median household income ($39,560/yr). The standard benchmark is 30%.

ZIP 40208 36%Benchmark 30%
State income tax4%
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Schools nearby

Public schools near ZIP 40208 (Louisville, KY)

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