Apartments in 40216
81 rentals
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYINCOME RESTRICTED
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$1,289 - $1,439/mo
2 Beds
1-2 BathsCane Run Station | 5010 Kaufman Ln #3c6502632,
Louisville, KY 40216
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$809 - $919/mo1-2 Beds1 BathBroadleaf Arms Apartments | 3401 Shanks Ln #8132068a4,
Louisville, KY 40216
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Average Rent Trends in 40216
Rent in 40216 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $997 |
| Jul 2025 | $928 |
| Aug 2025 | $983 |
| Sep 2025 | $975 |
| Oct 2025 | $889 |
| Nov 2025 | $898 |
| Dec 2025 | $873 |
| Jan 2026 | $883 |
| Feb 2026 | $848 |
| Mar 2026 | $874 |
| Apr 2026 | $858 |
| May 2026 | $824 |
Average Rent By Bedroom and Home Type
In May 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 | $785 | $900 | $1,645 | $1,622 | $925 |
| Apartments and Condos | $800 | $899 | $1,005 | — | $879 |
| Houses | $900 | $1,125 | $1,665 | $1,622 | $1,622 |
Frequently Asked Questions about Apartments and Condos for rent in 40216
- What is the average rent of an apartment in 40216?The average rent of an apartment in 40216 is $848 per month. This is about 56% lower than the national average.
- When is the average rent cheapest in 40216?In the last year, the average rent in 40216 was lowest in Dec 2025 when it was $873 per month.
- When is the average rent most expensive in 40216?In the last year, the average rent in 40216 was highest in Jun 2025 when it was $997 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 40216?The average rent of a 1 bedroom apartment in 40216 is $761 per month. That is about $111 more than the cost of a studio apartment.
- How many apartments or condos are available to rent in 40216?There are 81 available apartments or condos to rent in 40216.
- What are some cities near 40216?Some nearby cities include: Lanesville, New Albany, Elizabeth, Clarksville, Louisville, Brooks. These cities may have more rental options to explore.