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ZIP Code · KY

ZIP 40220

Pop. 35,078·Jefferson County·47th most expensive ZIP in Kentucky
Median rent (all units)
$1,372/mo
Year-over-Year
+0.4%
Month-over-Month
+4.5%
vs US Median
-$593
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 40220 · $1,372
More affordable than 82% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,110
1 BR
$1,200
2 BR
$1,460
3 BR
$1,860
4 BR+
$2,170
Research median
$1,460/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
$16,464/yr
At $1,372/mo median
Location
StateKY
CountyJefferson County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.4% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.4% YoY, +4.5% MoM), not inventory.
Demographics

Who lives here

ZIP 40220 (Louisville, KY) is majority owner-occupied, has a large retiree population, 44.7% of residents hold a bachelor's degree or higher.

Population
35,078
Median income
$78,434
Median age
39.3
Renters
33.9%
Age distribution
20.4%
23%
23.7%
12.4%
20.5%
Under 1820.4%
18–3423%
35–5423.7%
55–6412.4%
65+20.5%
Gender
46.3%
53.7%
Male46.3%
Female53.7%
Race & ethnicity
73.6%
White73.6%
Black11.2%
Hispanic6.4%
Asian5.4%
Other3.4%
Education (25+)
20.9%
29.7%
44.7%
No HS diploma4.6%
HS diploma20.9%
Some college29.7%
Bachelor's+44.7%
Housing tenure
66.1%
33.9%
Owner66.1%
Renter33.9%

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

2021 vs 2026

How ZIP 40220 in Louisville, KY has changed in 5 years

Rent
$983 → $1,372
up 39.6%
Income
$68,598 → $78,434
up 14.3%
Population
34,723 → 35,078
up 1.0%
Renter share
37.8% → 33.9%
-3.9 pts
Bachelor's+
41.1% → 44.7%
+3.6 pts
Median age
40.3 → 39.3
-1.0 yrs

Since 2021, the typical rent in ZIP 40220 in Louisville, KY has climbed from $983 to $1,372, a 39.6% change over five years. Local incomes tracked alongside that move, going from a median of $68,598 in 2021 to $78,434 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 1.0% since 2021, moving from about 34,723 residents to roughly 35,078. Renters now make up 33.9% of households, compared with 37.8% five years ago. College-educated residents now make up 44.7% of adults here, versus 41.1% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 40220 in Louisville, KY market of 2021.

Community

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Local insights

Tips for renters in ZIP 40220

About renting in ZIP 40220

Last updated: July 20, 2026

ZIP code 40220 covers Louisville, KY. The median rent here is $1,372/mo as of July 2026. A 1-bedroom rents for a median of $1,200/mo. A 2-bedroom rents for a median of $1,460/mo.

At 21% of local median household income ($78,434/yr), ZIP 40220 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 40220?

As of July 20, 2026, the median monthly rent in ZIP 40220 (Louisville, KY) is $1,372. This is based on aggregated data from public sources and community submissions.

How does ZIP 40220 rent compare to the US average?

ZIP 40220's median rent of $1,372/mo is $593 (30%) below the US national median of $1,965/mo.

How does ZIP 40220 compare to other ZIPs in Kentucky?

ZIP 40220 falls in the middle range for Kentucky, ranking #47 out of 83 ZIPs at $1,372/mo.

How much income do you need to rent in ZIP 40220?

To keep rent at or below 30% of gross income, you would need to earn at least $55,000/year (~$26/hour full-time) to afford the median rent of $1,372/mo in ZIP 40220. The local median household income is $78,434/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 40220?

Rent in ZIP 40220 has been relatively stable over the past year, with a 0.4% change year over year as of July 20, 2026.

Is ZIP 40220 an affordable place to rent?

ZIP 40220 is considered very affordable for renters. At $1,372/mo, rent takes approximately 21% of the local median household income ($78,434/yr). The standard benchmark is 30%. ZIP 40220 falls comfortably within that range.

What percentage of ZIP 40220 residents rent vs. own?

According to Census data, approximately 33.9% of ZIP 40220 households are renters, while 66.1% are owner-occupied. ZIP 40220 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 40220 compare to the rest of Louisville?

ZIP 40220 is more affordable than Louisville overall. At $1,372/mo, it's $22 below the Louisville citywide median of $1,394/mo.

When was rent data for ZIP 40220 last updated?

Rent data for ZIP 40220 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
21%
VERY AFFORDABLE

At $1,372/mo, rent takes ~21% of ZIP 40220's median household income ($78,434/yr). The standard benchmark is 30%.

ZIP 40220 21%Benchmark 30%
State income tax4%
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Schools nearby

Public schools near ZIP 40220 (Louisville, KY)

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