Cheap Apartments for Rent in 40209

1 rentals

  • 213 Hiawatha Ave #2, Louisville, KY 40209
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Apartments For Rent Near 40209

We found 30 more apartments matching your filters just outside 40209

Average Rent Trends in 40209

Rent in 40209 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Apr 2026 compared to the previous month. Rent previously peaked in Jun 2025.
MonthAverage rent
May 2025$675
Jun 2025$1,475
Jul 2025$1,475
Aug 2025$1,375
Sep 2025$1,350
Oct 2025$975
Nov 2025$1,050
Dec 2025$1,050
Jan 2026$995
Feb 2026$675
Mar 2026$650
Apr 2026$650
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Average Rent By Bedroom and Home Type

1 bed2 beds3 beds4 bedsAll
All home types$775———$775
Apartments and Condos$775———$775

Frequently Asked Questions about Rentals in 40209

  • What is the average rent of an apartment in 40209?
    The average rent of an apartment in 40209 is $775 per month. This is about 60% lower than the national average.
  • When is the average rent cheapest in 40209?
    In the last year, the average rent in 40209 was lowest in May 2025 when it was $675 per month.
  • When is the average rent most expensive in 40209?
    In the last year, the average rent in 40209 was highest in Jun 2025 when it was $1,475 per month.
  • How many available rental listings are in 40209?
    There are 1 available rental listings in 40209.
  • What are some cities near 40209?
    Some nearby cities include: Louisville, Clarksville, Hunters Hollow, New Albany, Brooks, Jeffersonville. These cities may have more rental options to explore.