Is Louisville, KY a good place to invest in rental property?

Louisville, KY has a median modeled monthly cash flow of $-278 and a median cap rate of 4.9%, on a median sold price of $220,000. Prices changed +1.3% year over year.

What is the average cap rate in Louisville, KY?

The median cap rate across recently sold homes in Louisville, KY is 4.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Louisville, KY?

The median sold price in Louisville, KY is $220,000 (about $156 per square foot).

Investing in Louisville, KY Real Estate

A data-driven snapshot of the Louisville, KY rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$220,000Median sold price

$156Median $/sqft

4.8%Median cap rate

$-278Modeled cash flow / mo

+1.3%Appreciation YoY

9.0Months of supply

2,259Active listings

3,024Sold (last 12 mo)

What the Louisville numbers say

In Louisville, KY, the median home sold for $220,000 (about $156 per square foot), and the typical deal models out to a 4.8% cap rate with a median $-278 of monthly cash flow. Sold prices moved +1.3% over the past year. Inventory sits at about 9.0 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Kentucky markets to compare

See Louisville cash-flowing listings

CashFlowRE ranks every for-sale home in Louisville, KY by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Louisville deals, or browse the national market data.