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Rent by ZIP · Jefferson County

Rent in Louisville, KY 40228

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,580 (-1.3% vs FY2026). Renters in this ZIP code pay a median $1,371 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,210$1,220-0.8%$1,089–1,331–
1 bedroom$1,310$1,320-0.8%$1,179–1,441$1,023 ±$195
2 bedrooms$1,580$1,600-1.3%$1,422–1,738$1,406 ±$93
3 bedrooms$2,020$2,040-1%$1,818–2,222$1,512 ±$189
4 bedrooms$2,320$2,380-2.5%$2,088–2,552$2,544 ±$265

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 40228

Median gross rent$1,371±$74 · all sizes
Renter households1,66223% of occupied homes
No cash rent117households

How rents are spread

Under $1,00014%
$1,000–1,49950%
$1,500–1,99928%
$2,000–2,4994%
$2,500–2,9994%
$3,000–3,4990%
$3,500+0%

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

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
40229Louisville$1,480$1,292
40223Louisville$1,660$1,674
40222Louisville$1,530$1,505
40220Louisville$1,440$1,305
40219Louisville$1,230$1,038
40218Louisville$1,320$1,176

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.