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Newburg apartments for rent - Louisville, KY

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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 6/24/2024

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Local Guide

See what Louisville, KY has to offer.

Demographics

Education

High School

54%

Associate's

34%

Bachelor's

9%

Master's

3%

Doctorate

0%

Family Size

2 people

40%

3 people

26%

4 people

16%

5 people

12%

6+ people

6%

Household Income

0-50k

62%

50-100k

30%

100-150k

6%

150-200k

1%

200k+

2%

Age

0-10

14%

10-20

15%

20-45

35%

45-65

22%

65+

14%

Affordability

Last updated 6/24/2024

*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 Newburg, 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 Newburg, 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 6/24/2024

Cost of Living

Compared to State Average

1.6%

Compared to National Average

4.4%

The cost of living in Newburg, Louisville, KY is 1.6% higher than the state average and 4.4% lower than the national average. Newburg, 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 Newburg, 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 Newburg, 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%
Shepherdsville$1,500--
Elizabethtown$1,500+30%
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%
Russell$854+12%
Shelby Park$850+7%
Bashford Manor$829+9%
Algonquin$800--
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--
Smoketown$950--
Algonquin$850--
Audubon$825--
Shawnee$800--
Southside$750-10%
Bon Air$728--

Transportation

Commute Time

0-15 Mins

22%

15-30 Mins

53%

30-40 Mins

18%

40-60 Mins

5%

60+ Mins

2%

Transportation Scores

Percentage: 4242

Walk Score®

Percentage: 4444

Bike Score®

Percentage: 2828

Transit Score®

Area Amenities

Top Score

Grocery Stores

2.5/5 stars based on undefined reviews

Not bad on the supermarket score. Newburg Louisville gets an average rating.

  1. Few grocery stores per resident
  2. 83% more grocery stores than average
  3. 13% more grocery stores than areas of a similar size

Nightlife

2.5/5 stars based on undefined reviews

Nightlife is on the rocks in Newburg Louisville.

  1. Few bars and clubs per resident
  2. 77% more bars and clubs than average
  3. A standard number of bars and clubs compared to areas of a similar size

Childcare

2.5/5 stars based on undefined reviews

Newburg Louisville is taking baby steps toward having ample childcare options.

  1. Few daycares per resident
  2. 89% more daycares than average
  3. 47% more daycares than areas of a similar size

Retail Shops

2.5/5 stars based on undefined reviews

The shopping scene here is a size medium.

  1. A high number of shops per resident
  2. 90% more shops than average
  3. 69% more shops than areas of a similar size

Amusement Parks

2.5/5 stars based on undefined reviews

Not exactly a Tilt-a-Whirl, but there's fun to be had.

  1. A high number of amusement parks per resident
  2. 89% more amusement parks than average
  3. 40% more amusement parks than areas of a similar size

Gas Stations

2.5/5 stars based on undefined reviews

The road is less traveled for filling the tank up in Newburg Louisville.

  1. Few gas stations per resident
  2. 70% more gas stations than average
  3. 67% fewer gas stations than areas of a similar size

Restaurants

2/5 stars based on undefined reviews

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

  1. Few restaurants per resident
  2. 73% more restaurants than average
  3. 28% fewer restaurants than areas of a similar size

Coffee

2/5 stars based on undefined reviews

The coffee scene is lukewarm in Newburg 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

Parks

2/5 stars based on undefined reviews

Not too many park perks in Newburg Louisville.

  1. Few parks per resident
  2. An average number of parks
  3. A standard number of parks 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

Newburg Louisville could do with more oppawtunities for pets.

  1. Few pet facilities per resident
  2. 76% more pet facilities than average
  3. 13% more pet facilities than areas of a similar size

Theaters

2/5 stars based on undefined reviews

Hiding in the dressing room? Newburg 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

Fine Arts

2/5 stars based on undefined reviews

You gotta Van Gogh somewhere else for art.

  1. Few fine art centers per resident
  2. An average number of fine art centers
  3. A standard number of fine art centers 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 Newburg Louisville's access to medical care.

  1. Few medical facilities per resident
  2. 37% more medical facilities than average
  3. Far fewer medical facilities than areas of a similar size

Schools

Top Schools in Newburg 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 6.9 miles$1,078$1,295
New Albany, IN 10.8 miles$750$955
Jeffersonville, IN 9.6 miles$909$1,044
Saint Matthews, KY 5.8 miles$1,075$1,400
Jeffersontown, KY 6.8 miles$950$1,975
Fern Creek, KY 5.5 miles------
Fairdale, KY 6.1 miles$995$1,025
Buechel, KY 2.5 miles------
Okolona, KY 2.2 miles------
Clarksville, IN 9.4 miles$820$959

Find Apartments in Nearby Neighborhoods

Neighborhood1 Bed Price2 Beds Price
South Side 1.8 miles$890$1,029