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Louisville city, KY

ZIP 40209 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 40209

Median Home Value
$128,200
Median Rent
$890
Affordability Snapshot
$35,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$824/mo PITI).

20%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.4x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

12.0 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 40209 in Louisville city, KY, a household would need roughly $35,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $824. That sits below the local median household income ($52,697), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
52.4%-20% vs US avg
x
Vacancy Rate
6.3%-39% vs US avg
x
Broadband Access
93.2%+7% vs US avg
x
4+ Bedrooms
0.0%
x
Built Pre-1939
17.1%+34% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
12.8%-74% vs US avg
x
Mortgage-Free
20.6%-46% vs US avg
x
$128,200
Home Value
$890
Rent
1953
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached92.7%
  • 1-unit attached7.3%
  • 2-9 units0.0%
  • 10+ units0.0%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$128,200
Median rent$890
Owner-occupied52.4%
Vacant6.3%
Price-to-income2.4x
Est. income to buy$35,000