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

Louisville, TN has a median modeled monthly cash flow of $-6,644 and a median cap rate of 0.2%, on a median sold price of $515,000. Prices changed +7.8% year over year.

What is the average cap rate in Louisville, TN?

The median cap rate across recently sold homes in Louisville, TN is 0.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Louisville, TN?

The median sold price in Louisville, TN is $515,000 (about $262 per square foot).

Investing in Louisville, TN Real Estate

A data-driven snapshot of the Louisville, TN 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.

$515,000Median sold price

$262Median $/sqft

0.2%Median cap rate

$-6,644Modeled cash flow / mo

+7.8%Appreciation YoY

5.8Months of supply

42Active listings

87Sold (last 12 mo)

What the Louisville numbers say

In Louisville, TN, the median home sold for $515,000 (about $262 per square foot), and the typical deal models out to a 0.2% cap rate with a median $-6,644 of monthly cash flow. Sold prices moved +7.8% over the past year. Inventory sits at about 5.8 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Tennessee markets to compare

See Louisville cash-flowing listings

CashFlowRE ranks every for-sale home in Louisville, TN 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.