ZIP 40217
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12-month history
Last updated: October 17, 2026
What the numbers show
November. Asking rents in ZIP 40217 usually run 1.6% below trend in November and 1.2% above it in June, about $39 a month apart at today's median. Based on 8 years of data.
Rent in ZIP 40217 is at its highest level since Zillow's records here began in December 2017.
Rent in ZIP 40217 changed +3.8% 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 40217 rose 34.7% while median household income rose 29.5% ($53,358 to $69,114). Rent outpaced income.
Rent in ZIP 40217 is 42.6% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 2 months in a row, and rose in 9 of the last 12 months.
30% of the median household income ($69,114) is $1,728 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,360); a 3-bedroom is $1,740.
18th cheapest of 29 ZIP codes in Louisville.
ZIP 40208, 2 miles away, rents for 24% less ($1,063/mo), about $4,100 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 40217. 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 40217 (Louisville, KY) is majority owner-occupied, skews toward younger working-age adults, 52% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 40217 in Louisville, KY has changed in 5 years
Five years ago, renters in ZIP 40217 in Louisville, KY paid around $1,044 a month. That figure now sits near $1,407, up 34.8% from the 2021 baseline. On the earnings side, the typical household in ZIP 40217 in Louisville, KY now reports about $69,114, up from $61,977 in 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 40217 in Louisville, KY losing about 366 residents over the five-year window, down 3.0% on net. The renter share has risen from 38.7% to 41.3%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 43.6% to 52% across the same window. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 40217 in Louisville, KY reflects that arc in its own way.
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Tips for renters in ZIP 40217
Last updated: October 17, 2026
ZIP code 40217 covers Louisville, KY. The median rent here is $1,407/mo as of October 2026. A 1-bedroom rents for a median of $1,120/mo. A 2-bedroom rents for a median of $1,360/mo.
At 24% of local median household income ($69,114/yr), ZIP 40217 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.8% over the past year.
Frequently asked questions
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How does ZIP 40217 compare to the rest of Louisville?
At $1,407/mo, rent takes ~24% of ZIP 40217's median household income ($69,114/yr). The standard benchmark is 30%.
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