Rent by ZIP · Jefferson County
Rent in Louisville, KY 40216
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,070 (-0.9% vs FY2026). Renters in this ZIP code pay a median $945 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $820 | $820 | 0% | $738–902 | – |
| 1 bedroom | $890 | $890 | 0% | $801–979 | $689 ±$49 |
| 2 bedrooms | $1,070 | $1,080 | -0.9% | $963–1,177 | $955 ±$32 |
| 3 bedrooms | $1,370 | $1,390 | -1.4% | $1,233–1,507 | $1,307 ±$96 |
| 4 bedrooms | $1,570 | $1,610 | -2.5% | $1,413–1,727 | $1,649 ±$157 |
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 40216
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 40215 | Louisville | $1,220 | $1,064 |
| 40217 | Louisville | $1,350 | $1,181 |
| 40214 | Louisville | $1,170 | $1,007 |
| 40218 | Louisville | $1,320 | $1,176 |
| 40213 | Louisville | $1,110 | $1,032 |
| 40219 | Louisville | $1,230 | $1,038 |
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.