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Louisville city, KY

ZIP 40206 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 40206

Median Home Value
$276,100
Median Rent
$1,004
Affordability Snapshot
$76,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,774/mo PITI).

17%
Rent-to-Income Ratio

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

3.8x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

22.9 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 40206 in Louisville city, KY, a household would need roughly $76,000 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 $1,774. That is roughly in line with the local median household income ($72,543). 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
51.0%-22% vs US avg
x
Vacancy Rate
8.6%-17% vs US avg
x
Broadband Access
92.5%+6% vs US avg
x
4+ Bedrooms
3.0%-80% vs US avg
x
Built Pre-1939
4.4%-65% vs US avg
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
21.6%-57% vs US avg
x
Mortgage-Free
34.5%-10% vs US avg
x
$276,100
Home Value
$1,004
Rent
1958
Year Built
2016
Moved In

Residents have lived here since ~2016 on average

Housing Structure

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

  • 1-unit detached43.0%
  • 1-unit attached3.5%
  • 2-9 units31.3%
  • 10+ units21.9%
  • Mobile home & other0.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$276,100
Median rent$1,004
Owner-occupied51.0%
Vacant8.6%
Price-to-income3.8x
Est. income to buy$76,000