ZIP Code · KY

ZIP 40299

Part of Louisville, KY

Pop. 42,207·Jefferson County·35th most expensive ZIP in Kentucky

Median rent (all units)

$1,438/mo

Year-over-Year

+2.9%

Month-over-Month

+0.1%

vs US Median

-$494

Reported rents

Stable (Monthly)

Be the first to discuss 40299 rents ↓

Most AffordableMost Expensive

ZIP 40299 · $1,438

More affordable than 77% of US ZIP codes · National median $1,932/mo

Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,120

1 BR

$1,210

2 BR

$1,470

3 BR

$1,880

4 BR+

$2,180

Research median

$1,470/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 40299 is at its highest level since Zillow's records here began in December 2019.

Past year vs. the rest of Kentucky

Rent in ZIP 40299 changed +2.9% over the year to September 2026. Across the 63 Kentucky ZIP codes Zillow tracks, the typical change was +3.3%.

Since before the pandemic

Rent in ZIP 40299 is 36.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 3 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($89,440) is $2,236 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,180).

Rank in Louisville

20th cheapest of 29 ZIP codes in Louisville.

Cheaper nearby

ZIP 40220, 7 miles away, rents for 12% less ($1,270/mo), about $2,000 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 40299. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$17,256/yr

At $1,438/mo median

Location

CityLouisville

StateKY

CountyJefferson County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (2.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+2.9% YoY, +0.1% MoM), not inventory.

Demographics

Who lives here

ZIP 40299 (Louisville, KY) is majority owner-occupied, has a median income above the national average, 42.6% of residents hold a bachelor's degree or higher.

Population

42,207

Median income

$89,440

Median age

Renters

25.2%

Age distribution

23.3%

20.3%

25.2%

12.6%

18.6%

Under 1823.3%

18–3420.3%

35–5425.2%

55–6412.6%

65+18.6%

Gender

47.7%

52.3%

Male47.7%

Female52.3%

Race & ethnicity

75.8%

White75.8%

Black11.6%

Hispanic5.3%

Asian1.7%

Other5.7%

Education (25+)

21.8%

30.3%

42.6%

No HS diploma5.3%

HS diploma21.8%

Some college30.3%

Bachelor's+42.6%

Housing tenure

74.8%

25.2%

Owner74.8%

Renter25.2%

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

2021 vs 2026

How ZIP 40299 in Louisville, KY has changed in 5 years

Rent

$1,104 → $1,438

up 30.3%

Income

$79,637 → $89,440

up 12.3%

Population

41,448 → 42,207

up 1.8%

Renter share

23.4% → 25.2%

+1.8 pts

Bachelor's+

40.2% → 42.6%

+2.4 pts

Compared with 2021, rent in ZIP 40299 in Louisville, KY has climbed by $334 per month, settling near $1,438 after starting the period at $1,104. Local incomes tracked alongside that move, going from a median of $79,637 in 2021 to $89,440 more recently. Rent outpaced income growth by roughly 18.0 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 41,448 to 42,207 between 2021 and 2024, a 1.8% change. About 25.2% of households rent today, against 23.4% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 40.2% to 42.6%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 40299 in Louisville, KY market of 2021.

Community

Discussions about ZIP 40299

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 40299

About renting in ZIP 40299

Last updated: October 17, 2026

ZIP code 40299 covers Louisville, KY. The median rent here is $1,438/mo as of October 2026. A 1-bedroom rents for a median of $1,210/mo. A 2-bedroom rents for a median of $1,470/mo.

At 19% of local median household income ($89,440/yr), ZIP 40299 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.9% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 40299?

To keep rent at or below 30% of gross income, you would need to earn at least $58,000/year (about $28/hour full-time) to afford the median rent of $1,438/mo in ZIP 40299. The local median household income is $89,440/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 40299?

Rent in ZIP 40299 has risen 2.9% over the past year as of September 2026. That is the highest level since Zillow's records here began in December 2019.

How does ZIP 40299 compare to other ZIPs in Kentucky?

ZIP 40299 is in the middle among Kentucky ZIP codes for rent, ranking #35 of 78 at $1,438/mo. Over the year to September 2026, rent in ZIP 40299 changed +2.9%, against a typical +3.3% across the 63 Kentucky ZIP codes Zillow tracks.