ZIP 40208
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12-month history
Last updated: October 17, 2026
What the numbers show
January. Asking rents in ZIP 40208 usually run 1.1% below trend in January and 1.3% above it in May, about $26 a month apart at today's median. Based on 8 years of data.
Rent in ZIP 40208 is 0.5% below its high of $1,068 in August 2026, at $1,063 as of September 2026.
Rent in ZIP 40208 changed +3.7% over the year to September 2026. Across the 63 Kentucky ZIP codes Zillow tracks, the typical change was +3.3%.
From 2019 to 2024, rent in ZIP 40208 rose 35.7% while median household income rose 30.5% ($30,318 to $39,560). Rent outpaced income.
Rent in ZIP 40208 is 38.1% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent rose in 8 of the last 12 months.
30% of the median household income ($39,560) is $989 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($890); a 2-bedroom is $1,080.
2nd cheapest of 29 ZIP codes in Louisville.
From Zillow's monthly rent index (ZORI) for ZIP 40208. 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 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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 40208 in Louisville, KY has changed in 5 years
Five years ago, renters in ZIP 40208 in Louisville, KY paid around $794 a month. That figure now sits near $1,063, up 33.9% from the 2021 baseline. Local incomes tracked alongside that move, going from a median of $28,634 in 2021 to $39,560 more recently. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. 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.
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Tips for renters in ZIP 40208
Last updated: October 17, 2026
ZIP code 40208 covers Louisville, KY. The median rent here is $1,063/mo as of October 2026. A 1-bedroom rents for a median of $890/mo. A 2-bedroom rents for a median of $1,080/mo.
At 32% of local median household income ($39,560/yr), ZIP 40208 ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.7% over the past year.
Frequently asked questions
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How does ZIP 40208 compare to other ZIPs in Kentucky?
How does ZIP 40208 compare to the rest of Louisville?
At $1,063/mo, rent takes ~32% of ZIP 40208's median household income ($39,560/yr). The standard benchmark is 30%.
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