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ZIP Code · KY

ZIP 40215

Pop. 20,532·Jefferson County·59th most expensive ZIP in Kentucky
Median rent (all units)
$1,225/mo
Year-over-Year
+4.4%
Month-over-Month
+1.4%
vs US Median
-$740
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 40215 · $1,225
More affordable than 91% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$930
1 BR
$1,000
2 BR
$1,220
3 BR
$1,560
4 BR+
$1,810
Research median
$1,220/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
$14,700/yr
At $1,225/mo median
Location
StateKY
CountyJefferson County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 4.4% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+4.4% YoY, +1.4% MoM), not inventory.
Demographics

Who lives here

ZIP 40215 (Louisville, KY) is majority renter-occupied, has a large share of families with children, has a median income below the national average, 14.4% of residents hold a bachelor's degree or higher.

Population
20,532
Median income
$43,725
Median age
37.1
Renters
56.4%
Age distribution
26.9%
21%
25.6%
14.9%
Under 1826.9%
18–3421%
35–5425.6%
55–6414.9%
65+11.6%
Gender
49.8%
50.2%
Male49.8%
Female50.2%
Race & ethnicity
48.1%
31.1%
White48.1%
Black31.1%
Hispanic8.9%
Asian2.7%
Other9.3%
Education (25+)
21.1%
36.8%
27.7%
14.4%
No HS diploma21.1%
HS diploma36.8%
Some college27.7%
Bachelor's+14.4%
Housing tenure
43.6%
56.4%
Owner43.6%
Renter56.4%

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

2021 vs 2026

How ZIP 40215 in Louisville, KY has changed in 5 years

Income
$37,535 → $43,725
up 16.5%
Population
20,042 → 20,532
up 2.4%
Renter share
58.4% → 56.4%
-2.0 pts
Bachelor's+
9% → 14.4%
+5.4 pts
Median age
34.3 → 37.1
+2.8 yrs

Median household income grew from $37,535 to $43,725 between 2021 and 2024, a 16.5% shift. Headcount in the area went from 20,042 to 20,532 between 2021 and 2024, a 2.4% change. About 56.4% of households rent today, against 58.4% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 9% to 14.4%.

Community

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Local insights

Tips for renters in ZIP 40215

About renting in ZIP 40215

Last updated: July 20, 2026

ZIP code 40215 covers Louisville, KY. The median rent here is $1,225/mo as of July 2026. A 1-bedroom rents for a median of $1,000/mo. A 2-bedroom rents for a median of $1,220/mo.

At 34% of local median household income ($43,725/yr), ZIP 40215 ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 40215?

As of July 20, 2026, the median monthly rent in ZIP 40215 (Louisville, KY) is $1,225. This is based on aggregated data from public sources and community submissions.

How does ZIP 40215 rent compare to the US average?

ZIP 40215's median rent of $1,225/mo is $740 (38%) below the US national median of $1,965/mo.

How does ZIP 40215 compare to other ZIPs in Kentucky?

ZIP 40215 is among the more affordable ZIP codes in Kentucky, ranking #59 out of 83 ZIPs at $1,225/mo.

How much income do you need to rent in ZIP 40215?

To keep rent at or below 30% of gross income, you would need to earn at least $49,000/year (~$24/hour full-time) to afford the median rent of $1,225/mo in ZIP 40215. The local median household income is $43,725/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 40215?

Rent in ZIP 40215 has increased 4.4% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 40215 an affordable place to rent?

ZIP 40215 is considered moderate for renters. At $1,225/mo, rent takes approximately 34% of the local median household income ($43,725/yr). The standard benchmark is 30%. ZIP 40215 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 40215 residents rent vs. own?

According to Census data, approximately 56.4% of ZIP 40215 households are renters, while 43.6% are owner-occupied. With a majority renter population, ZIP 40215 has a strong rental market.

How does ZIP 40215 compare to the rest of Louisville?

ZIP 40215 is more affordable than Louisville overall. At $1,225/mo, it's $169 below the Louisville citywide median of $1,394/mo.

When was rent data for ZIP 40215 last updated?

Rent data for ZIP 40215 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
34%
MODERATE

At $1,225/mo, rent takes ~34% of ZIP 40215's median household income ($43,725/yr). The standard benchmark is 30%.

ZIP 40215 34%Benchmark 30%
State income tax4%
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Schools nearby

Public schools near ZIP 40215 (Louisville, KY)

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