Luxury Apartments for Rent in 40118
11 rentals
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Apartments For Rent Near 40118
We found 30 more apartments matching your filters just outside 40118
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PET FRIENDLY$1,125 - $1,415/mo
1-2 Beds
1-2 BathsPreston Valley Apartments | 8923 Preston Hwy,
Louisville, KY 40219
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Average Rent Trends in 40118
Rent in 40118 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Aug 2026 compared to the previous month. Rent previously peaked in Apr 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $1,395 |
| Oct 2025 | $1,700 |
| Nov 2025 | $1,495 |
| Dec 2025 | $1,550 |
| Jan 2026 | $1,289 |
| Feb 2026 | $1,289 |
| Mar 2026 | $1,289 |
| Apr 2026 | $1,114 |
| May 2026 | $1,471 |
| Jun 2026 | $1,114 |
| Jul 2026 | $1,469 |
| Aug 2026 | $1,419 |
Average Rent By Bedroom and Home Type
In August 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,027 | $1,101 | $1,395 | $1,822 | $1,349 |
| Apartments and Condos | — | $1,000 | — | — | $1,000 |
| Houses | — | — | $1,550 | $1,822 | $1,550 |
Frequently Asked Questions about Rentals in 40118
- What is the average rent of an apartment in 40118?The average rent of an apartment in 40118 is $1,052 per month. This is about 46% lower than the national average.
- When is the average rent cheapest in 40118?In the last year, the average rent in 40118 was lowest in Aug 2025 when it was $1,206 per month.
- When is the average rent most expensive in 40118?In the last year, the average rent in 40118 was highest in Apr 2025 when it was $2,040 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 40118?The average rent of a 1 bedroom apartment in 40118 is $1,027 per month. That is about $322 less than the cost of a studio apartment.
- How many available rental listings are in 40118?There are 12 available rental listings in 40118.
- What are some cities near 40118?Some nearby cities include: Brooks, Hunters Hollow, Pioneer Village, Hillview, Fox Chase, Hebron Estates. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos de lujo en renta en los alrededores de 40118 - 112 Rentas | Trulia