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ZIP Code · KY

ZIP 40214

Pop. 45,405·Jefferson County·67th most expensive ZIP in Kentucky
Median rent (all units)
$1,158/mo
Year-over-Year
+0.5%
Month-over-Month
-2.8%
vs US Median
-$807
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 40214 · $1,158
More affordable than 94% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$900
1 BR
$970
2 BR
$1,180
3 BR
$1,510
4 BR+
$1,750
Research median
$1,180/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
$13,896/yr
At $1,158/mo median
Location
StateKY
CountyJefferson County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (up only 0.5% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+0.5% YoY, -2.8% MoM), not inventory.
Demographics

Who lives here

ZIP 40214 (Louisville, KY) is roughly split between renters and owners, has a median income below the national average, 23.1% of residents hold a bachelor's degree or higher.

Population
45,405
Median income
$54,931
Median age
35.4
Renters
45.6%
Age distribution
24.2%
25.2%
25.3%
13.6%
Under 1824.2%
18–3425.2%
35–5425.3%
55–6411.7%
65+13.6%
Gender
50.4%
49.6%
Male50.4%
Female49.6%
Race & ethnicity
49.8%
21.9%
14.3%
White49.8%
Black21.9%
Hispanic14.3%
Asian8%
Other5.9%
Education (25+)
15%
30.6%
31.3%
23.1%
No HS diploma15%
HS diploma30.6%
Some college31.3%
Bachelor's+23.1%
Housing tenure
54.4%
45.6%
Owner54.4%
Renter45.6%

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

2021 vs 2026

How ZIP 40214 in Louisville, KY has changed in 5 years

Rent
$832 → $1,158
up 39.2%
Income
$49,427 → $54,931
up 11.1%
Population
47,339 → 45,405
down 4.1%
Renter share
47.2% → 45.6%
-1.6 pts
Bachelor's+
21.5% → 23.1%
+1.6 pts
Median age
36.4 → 35.4
-1.0 yrs

Across the past five years, the going rent in ZIP 40214 in Louisville, KY has shifted from $832 to $1,158, up 39.2% since 2021. Census figures show median household income at $54,931 today, compared with $49,427 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 40214 in Louisville, KY losing about 1,934 residents over the five-year window, down 4.1% on net. The renter share has eased from 47.2% to 45.6%, with owner-occupied housing accounting for the remainder. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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Local insights

Tips for renters in ZIP 40214

About renting in ZIP 40214

Last updated: July 20, 2026

ZIP code 40214 covers Louisville, KY. The median rent here is $1,158/mo as of July 2026. A 1-bedroom rents for a median of $970/mo. A 2-bedroom rents for a median of $1,180/mo.

At 25% of local median household income ($54,931/yr), ZIP 40214 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 40214?

As of July 20, 2026, the median monthly rent in ZIP 40214 (Louisville, KY) is $1,158. This is based on aggregated data from public sources and community submissions.

How does ZIP 40214 rent compare to the US average?

ZIP 40214's median rent of $1,158/mo is $807 (41%) below the US national median of $1,965/mo.

How does ZIP 40214 compare to other ZIPs in Kentucky?

ZIP 40214 is among the more affordable ZIP codes in Kentucky, ranking #67 out of 83 ZIPs at $1,158/mo.

How much income do you need to rent in ZIP 40214?

To keep rent at or below 30% of gross income, you would need to earn at least $46,000/year (~$22/hour full-time) to afford the median rent of $1,158/mo in ZIP 40214. The local median household income is $54,931/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 40214?

Rent in ZIP 40214 has increased 0.5% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 40214 an affordable place to rent?

ZIP 40214 is considered affordable for renters. At $1,158/mo, rent takes approximately 25% of the local median household income ($54,931/yr). The standard benchmark is 30%. ZIP 40214 falls comfortably within that range.

What percentage of ZIP 40214 residents rent vs. own?

According to Census data, approximately 45.6% of ZIP 40214 households are renters, while 54.4% are owner-occupied. ZIP 40214 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 40214 compare to the rest of Louisville?

ZIP 40214 is more affordable than Louisville overall. At $1,158/mo, it's $236 below the Louisville citywide median of $1,394/mo.

When was rent data for ZIP 40214 last updated?

Rent data for ZIP 40214 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
25%
AFFORDABLE

At $1,158/mo, rent takes ~25% of ZIP 40214's median household income ($54,931/yr). The standard benchmark is 30%.

ZIP 40214 25%Benchmark 30%
State income tax4%
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Schools nearby

Public schools near ZIP 40214 (Louisville, KY)

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