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Louisville city, KY

ZIP 40217 — 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 40217

Median Home Value
$220,700
Median Rent
$946
Affordability Snapshot
$61,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,418/mo PITI).

17%
Rent-to-Income Ratio

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

3.2x
Home Price-to-Income Ratio

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

19.4 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 40217 in Louisville city, KY, a household would need roughly $61,000 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 $1,418. That sits below the local median household income ($68,573), 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
59.4%-9% vs US avg
x
Vacancy Rate
7.7%-25% vs US avg
x
Broadband Access
92.7%+7% vs US avg
x
4+ Bedrooms
1.4%-90% vs US avg
x
Built Pre-1939
12.3%-4% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
24.5%-51% vs US avg
x
Mortgage-Free
37.5%-2% vs US avg
x
$220,700
Home Value
$946
Rent
1944
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

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

  • 1-unit detached71.9%
  • 1-unit attached1.2%
  • 2-9 units17.9%
  • 10+ units9.0%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$220,700
Median rent$946
Owner-occupied59.4%
Vacant7.7%
Price-to-income3.2x
Est. income to buy$61,000