1. Home

Algonquin apartments for rent - Louisville, KY

Beds

34 Properties

Average Rent in Louisville, KY

Avg. RentAnnual Change
Louisville Studio - $1,061-17%
Louisville 1 Bed - $1,078-3%
Louisville 2 Beds - $1,2950%
Last updated 6/22/2024

Search by Property Type

Local Guide

See what Louisville, KY has to offer.

Local Reviews

We have lots of restaurants and small businesses near by. We are never to far from a gas station or a grocery store

Demographics

Education

High School

51%

Associate's

38%

Bachelor's

6%

Master's

5%

Doctorate

0%

Family Size

2 people

38%

3 people

29%

4 people

17%

5 people

10%

6+ people

7%

Household Income

0-50k

77%

50-100k

18%

100-150k

5%

150-200k

0%

200k+

0%

Age

0-10

13%

10-20

26%

20-45

39%

45-65

15%

65+

7%

Affordability

Percentage: 3/53/5

Renters gave this area a 3 out of 5 for affordability

Last updated 6/22/2024

*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

Rent Trends

Average rent in Algonquin, Louisville, KY

In Louisville, KY, as of 2024, the average rent for apartments ranges from $1,061 to $1,295. Specifically, the average rent for a studio apartment in Algonquin, Louisville, KY is $1,061. For those seeking a 1-bedroom apartments, the average rent is $1,078. And for a 2-bedroom apartment, renters can expect to pay an average of $1,295.

Annual Rent Change Over the Past 12 Months

Studio

-17%

Changed from $1,278 to $1,061
1 Bed

-3%

Changed from $1,111 to $1,078
2 Beds

0%

Changed from $1,295 to $1,295
Last updated 6/22/2024

Cost of Living

Compared to State Average

1.6%

Compared to National Average

4.4%

The cost of living in Algonquin, Louisville, KY is 1.6% higher than the state average and 4.4% lower than the national average. Algonquin, Louisville, KY housing is 20.1% less expensive than the U.S average, while utilities are about 12.8% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 0.4% less in Algonquin, Louisville, KY than in the rest of the country.

Healthcare services such as doctor check-ups and dentistry cost 16.3% more here compared to the U.S. average.
Cost of Living in Algonquin, Louisville, KYCompared to State AverageCompared to National Average
Housing
2.6%
20.1%
Utilities
6.7%
12.8%
Food
0.6%
0.4%
Transportation
2.1%
4.8%
Healthcare
13.7%
16.3%

Compare Other Cities

CityStudio Avg RentAnnual Change
Fairdale$1,319-14%
Louisville$1,061-17%
Jeffersontown$900--
Jeffersonville$887-3%
New Albany$720+3%
Frankfort$637+23%
City1 Bed Avg RentAnnual Change
Elizabethtown$1,269--
Louisville$1,078-3%
Saint Matthews$1,075--
Fairdale$995+14%
Jeffersontown$950+19%
Sellersburg$919-16%
Jeffersonville$909-5%
Clarksville$820+3%
Frankfort$785+9%
Shelbyville$765+7%
New Albany$750+3%
Scottsburg$7250%
City2 Beds Avg RentAnnual Change
Jeffersontown$1,975+93%
Elizabethtown$1,500+30%
Shepherdsville$1,500--
Saint Matthews$1,400--
Louisville$1,2950%
Bardstown$1,250+5%
Sellersburg$1,169-15%
Jeffersonville$1,044+2%
Fairdale$1,025+3%
Shelbyville$1,0150%
Radcliff$1,000--
Scottsburg$975+11%
Clarksville$959+3%
New Albany$955+11%
Frankfort$885+6%
Corydon$8090%
Madison$6410%

Compare Neighborhoods

Southside

$1

1 Bed Avg. Rent

Shawnee

$650

1 Bed Avg. Rent

Beechmont

$699

1 Bed Avg. Rent

What are the most affordable neighborhoods in Louisville, KY?

For renters in Louisville seeking more affordable options, the neighborhoods to watch are Southside, Shawnee, and Beechmont, where average rents for 1-bedroom apartments stand at $1, $650, and $699 respectively. Additional areas offering value are California and Iroquois, where the rents are $700 and $700, a favorable comparison to Louisville's overall 1-bedroom average of $1,078.

What are the most expensive neighborhoods in Louisville, KY?

In Louisville, the neighborhoods commanding the highest rents are The Highlands, Phoenix Hill, and Irish Hill. A 1-bedroom apartment in The Highlands averages at $1,789, in Phoenix Hill it averages $1,789, and in Irish Hill, the average is $1,459. For additional high-end living options, Butchertown offers 1-bedroom apartments at $1,325, and East Louisville at $1,215. These rates compare to the overall average rent of $1,078 for a 1-bedroom apartment in Louisville, highlighting the premium nature of these specific neighborhoods.

What are the most popular neighborhoods in Louisville, KY?

In Louisville, the most sought-after neighborhoods for renters include Phoenix Hill, Central Business District, and University. In Phoenix Hill, the average rent for a 1-bedroom apartment is $1,789. Central Business District sees average rents of $1,154 for a 1-bedroom unit. University offers similar appeal with 1-bedroom apartments averaging $985. For those seeking other popular areas, Butchertown presents 1-bedroom apartments at $1,325, and South Louisville at $995. These prices are set against the backdrop of the city-wide average of $1,078 for a 1-bedroom apartment in Louisville, underscoring the popularity of these particular neighborhoods.

NeighborhoodStudio Avg RentAnnual Change
East Louisville$1,6490%
Irish Hill$1,3390%
West Louisville$1,319-14%
The Highlands$1,172-12%
Phoenix Hill$1,172-4%
Central Business District$1,009+5%
Butchertown$982--
South Side$904+42%
Bashford Manor$904+2%
University$6750%
Neighborhood1 Bed Avg RentAnnual Change
Irish Hill$1,4590%
Butchertown$1,325+4%
East Louisville$1,215+2%
Central Business District$1,1540%
Worthington$1,144-17%
Saint Joseph$1,129+5%
Cherokee Triangle$1,100+16%
Henning Speeds$1,100+16%
Clifton Heights$1,059+5%
West Louisville$1,006+19%
St. Dennis$999--
South Louisville$995--
Wilder Park$986--
University$9850%
Old Louisville$905+3%
Crescent Hill$900--
Clifton$900--
South Side$890+9%
Bon Air$869+10%
Newburg$855+15%
Russell$854+12%
Shelby Park$850+7%
Bashford Manor$829+9%
Audubon$795--
California$700--
Iroquois$700--
Beechmont$699--
Shawnee$650--
Neighborhood2 Beds Avg RentAnnual Change
The Highlands$1,894-8%
Butchertown$1,700--
Central Business District$1,650--
East Louisville$1,482+2%
Saint Joseph$1,415-4%
Germantown$1,350--
Clifton$1,300--
Cherokee Triangle$1,275+2%
Henning Speeds$1,275+2%
Iroquois$1,255--
Tyler Park$1,250--
Worthington$1,244-29%
St. Dennis$1,228-1%
Clifton Heights$1,219-12%
University$1,2100%
West Louisville$1,180+16%
Crescent Hill$1,086+8%
Russell$1,081+12%
South Side$1,029+7%
Bashford Manor$1,009+16%
Old Louisville$1,005--
Newburg$991+10%
Smoketown$950--
Audubon$825--
Shawnee$800--
Southside$750-10%
Bon Air$728--

Transportation

Commute Time

0-15 Mins

30%

15-30 Mins

42%

30-40 Mins

14%

40-60 Mins

5%

60+ Mins

9%

Transportation Scores

Percentage: 5050

Walk Score®

Walkable

Yes

Say 1 of 1 renters

Has Sidewalks

Yes

Say 1 of 1 renters

Percentage: 6060

Bike Score®

Bike Friendly

Yes

Say 1 of 1 renters

Percentage: 3737

Transit Score®

They Are Located Near Public Transportation

Yes

Say 1 of 1 renters

Area Amenities

Top Score

Grocery Stores

2/5 stars based on undefined reviews

The food shops around here are few and far between.

  1. A high number of grocery stores per resident
  2. 83% more grocery stores than average
  3. 67% more grocery stores than areas of a similar size

Restaurants

2/5 stars based on undefined reviews

Algonquin Louisville serves up a dining scene that's only lukewarm.

  1. Few restaurants per resident
  2. Significantly fewer restaurants than average
  3. 93% fewer restaurants than areas of a similar size

Coffee

2/5 stars based on undefined reviews

The coffee scene is lukewarm in Algonquin Louisville.

  1. Few coffee shops per resident
  2. An average number of coffee shops
  3. A standard number of coffee shops compared to areas of a similar size

Nightlife

2/5 stars based on undefined reviews

You'll need to stock up the mini-bar. Algonquin Louisville is running dry.

  1. Few bars and clubs per resident
  2. An average number of bars and clubs
  3. A standard number of bars and clubs compared to areas of a similar size

Childcare

2/5 stars based on undefined reviews

Algonquin Louisville is low on childcare options so get on the waiting list early.

  1. Few daycares per resident
  2. 60% more daycares than average
  3. 10% more daycares than areas of a similar size

Retail Shops

2/5 stars based on undefined reviews

The retail inventory is low in Algonquin Louisville.

  1. Few shops per resident
  2. An average number of shops
  3. A standard number of shops compared to areas of a similar size

Health and Fitness

2/5 stars based on undefined reviews

You'll have to workout somewhere else to keep fit.

  1. Few gyms per resident
  2. An average number of gyms
  3. A standard number of gyms compared to areas of a similar size

Pet Services

2/5 stars based on undefined reviews

Algonquin Louisville could do with more oppawtunities for pets.

  1. Few pet facilities per resident
  2. An average number of pet facilities
  3. A standard number of pet facilities compared to areas of a similar size

Theaters

2/5 stars based on undefined reviews

Hiding in the dressing room? Algonquin Louisville has a quiet theater scene.

  1. Few theaters per resident
  2. An average number of theaters
  3. A standard number of theaters compared to areas of a similar size

Amusement Parks

2/5 stars based on undefined reviews

In need of a lift: Algonquin Louisville is light on amusement parks.

  1. Few amusement parks per resident
  2. An average number of amusement parks
  3. A standard number of amusement parks compared to areas of a similar size

Hospitals

2/5 stars based on undefined reviews

Be patient when looking for a hospital around here.

  1. Few hospitals per resident
  2. An average number of hospitals
  3. A standard number of hospitals compared to areas of a similar size

Medical Care

2/5 stars based on undefined reviews

We have a bone to pick with this Algonquin Louisville's access to medical care.

  1. Few medical facilities per resident
  2. An average number of medical facilities
  3. A standard number of medical facilities compared to areas of a similar size

Gas Stations

2/5 stars based on undefined reviews

Honk if you see a gas station.

  1. Few gas stations per resident
  2. 40% more gas stations than average
  3. 27% fewer gas stations than areas of a similar size

Schools

Percentage: 1/51/5

School Score

How satisfied do renters feel with the schools in this area.

Top Schools in Algonquin Louisville

Information provided by GreatSchools. To verify school enrollment eligibility, contact the school district directly.

Find Apartments in Nearby Cities

City1 Bed Price2 Beds Price
Louisville, KY 2.5 miles$1,078$1,295
New Albany, IN 5 miles$750$955
Jeffersonville, IN 6.8 miles$909$1,044
Clarksville, IN 5.2 miles$820$959
Shively, KY 2.8 miles------
Beechmont, KY 3 miles------
Saint Matthews, KY 7.1 miles$1,075$1,400
Springville, IN 15 miles------
Fairdale, KY 8.2 miles$995$1,025
Shepherdsville, KY 16.6 miles---$1,500

Find Apartments in Nearby Neighborhoods

Neighborhood1 Bed Price2 Beds Price
Old Louisville 1.4 miles$905$1,005
Park Hill 0.7 miles------
Taylor Berry 1.1 miles------
California 1.4 miles$700---
Parkland 1.7 miles------
South Louisville 1.3 miles$995---
University 1.4 miles$985$1,210
Limerick 1.4 miles------