Luxury Apartments for Rent in 40216
99 rentals
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PET FRIENDLY$950 - $1,200/mo
1-2 Beds
1 BathCharming 1-Bedroom Apartment in a Prime Louisville Location! | 3520 Park Row Dr #3,
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 increased in Jun 2026 compared to the previous month. Rent previously peaked in Sep 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $999 |
| Aug 2025 | $1,052 |
| Sep 2025 | $1,229 |
| Oct 2025 | $1,009 |
| Nov 2025 | $996 |
| Dec 2025 | $950 |
| Jan 2026 | $925 |
| Feb 2026 | $950 |
| Mar 2026 | $1,003 |
| Apr 2026 | $925 |
| May 2026 | $925 |
| Jun 2026 | $1,005 |
Average Rent By Bedroom and Home Type
In June 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 | $900 | $980 | $1,400 | $1,500 | $1,050 |
| Apartments and Condos | $925 | $900 | $895 | — | $900 |
| Houses | $900 | $1,200 | $1,500 | $1,500 | $1,400 |
Frequently Asked Questions about Rentals in 40216
- What is the average rent of an apartment in 40216?The average rent of an apartment in 40216 is $931 per month. This is about 52% lower than the national average.
- What is the average rent of a house in 40216?The average rent of a house in 40216 is $1,400 per month. This is about 27% 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 $950 per month.
- When is the average rent most expensive in 40216?In the last year, the average rent in 40216 was highest in Sep 2025 when it was $1,229 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 $900 per month. That is about $283 more than the cost of a studio apartment.
- How many available rental listings are in 40216?There are 101 available rental listings 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.