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Rent by ZIP · Jefferson County

Rent in Louisville, KY 40203

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,030 (-6.4% vs FY2026). Renters in this ZIP code pay a median $809 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$790$840-6%$711–869$527 ±$239
1 bedroom$850$910-6.6%$765–935$704 ±$117
2 bedrooms$1,030$1,100-6.4%$927–1,133$962 ±$78
3 bedrooms$1,310$1,410-7.1%$1,179–1,441$1,074 ±$74
4 bedrooms$1,510$1,630-7.4%$1,359–1,661$1,102 ±$587

Small Area FMRs for the Louisville, KY-IN HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Louisville, KY-IN HUD Metro FMR Area, 2 bedrooms: $1,276.

What renters pay in 40203

Median gross rent$809±$73 · all sizes
Renter households6,69075% of occupied homes
No cash rent444households

How rents are spread

Under $1,00067%
$1,000–1,49929%
$1,500–1,9992%
$2,000–2,4991%
$2,500–2,9990%
$3,000–3,4990%
$3,500+1%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
40202Louisville$1,400$1,208
40204Louisville$1,430$1,386
40205Louisville$1,340$1,267
40206Louisville$1,440$1,308
40207Louisville$1,550$1,416
40208Louisville$1,090$1,063

Fair Market Rents across Jefferson County, KY · All KY counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.