Louisville, KY Real Estate

According to census data in the year 2000 there were 121,107 housing units in Louisville. This represents a 2.3% decline from 124,018 in 1990.

Of those housing units, 121,107 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Louisville is about 52.5%. Louisville's vacancy rate, including seasonal lodging, is about 8.1%. Average household size is 2.22 people.

The majority of houses, apartments or condos in Louisville were built after 1951.


Housing Size

Housing Units by Size
Studio Type3.20%
One Bedroom21.10%
Two Bedrooms35.10%
Three Bedrooms28.50%
Four Bedrooms9.90%
Five Bedrooms or more2.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.37
Median year structure was built1947
Median Value of occupied units$82,300
Median Price asked for vacant units$71,400

Rented Homes, Apartments and Condos

Average Household Size2.07
Median year structure was built1955
Median Monthly Rent asked for vacant units$398

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage7.70%
Home Equity Loan8.80%
Simple Mortgage46.30%
Debt Free37%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.2%