Chicago · Registered nurse · $98,500 · One adult, renting a 1-bedroomSaved on this device

Chicago · Registered nurse · $98,500 · One adult, renting a 1-bedroom

Louisville, KY

Housing in Louisville, KY: Rent, Home Prices & Property Tax

$1,047/mo (1 bd) in Louisville. Median home $236,400. Property tax 0.83%.

Compare vs Chicago Rank metros from LouisvilleHow we figure this

Rent (1 bd): $1,047; /mo
Buy: $1,576; Mortgage, tax, insurance
Buying costs more: $529; /mo

State tax and rent

To buy

20% down payment$47,280
Mortgage at 6.5%$1,195
Property tax (0.83% of value)$164/mo · $1,962/yr
Insurance and upkeep$217
Monthly total$1,576

42.1% of renters spend 30% or more of income on rent. Census ACS 2023.

Months to 20% down

$2,498 left each month. About 19 months (1.6 years) to save $47,280.

Asking rent. Census median home price. 30-year fixed, 6.5%, 20% down. Not lending advice.

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