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Louisville city, KY

ZIP 40212 — 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 40212

Median Home Value
$78,100
Median Rent
$664
Affordability Snapshot
$22,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$502/mo PITI).

23%
Rent-to-Income Ratio

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

2.2x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

9.8 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 40212 in Louisville city, KY, a household would need roughly $22,000 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 $502. That sits below the local median household income ($35,389), 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

Vacancy rate 20% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
49.8%-24% vs US avg
x
Vacancy Rate
20.0%+94% vs US avg
x
Broadband Access
83.0%-5% vs US avg
x
4+ Bedrooms
2.3%-84% vs US avg
x
Built Pre-1939
13.2%+3% vs US avg
x
Built Post-2014
0.1%-99% vs US avg
x
Rent Burden >30%
31.9%-36% vs US avg
x
Mortgage-Free
50.4%+32% vs US avg
x
$78,100
Home Value
$664
Rent
1938
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 detached77.5%
  • 1-unit attached2.8%
  • 2-9 units14.9%
  • 10+ units4.5%
  • Mobile home & other0.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$78,100
Median rent$664
Owner-occupied49.8%
Vacant20.0%
Price-to-income2.2x
Est. income to buy$22,000