Louisville, Colorado Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Louisville, Colorado rental market.
Louisville, Colorado
Average Apartment Rent
$2,233
Y-o-Y Change in Average
Apartment Rent
-1.6%
As of July 2024
Compared to a year ago, Louisville, Colorado apartments have recorded a -1.6% rent decrease.
Louisville, Colorado |Average apartment rent trend
Louisville, Colorado| Average apartment rent
Louisville, Colorado | Apartment rent ranges
At 64.87%, apartments priced Over $2,000 represent the bulk of Louisville, Colorado rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 0.25%.
Louisville, Colorado | Housing tenure**
Renters take up 30% of Louisville, Colorado real estate, occupying a total of 2,440 units, while homeowners live in 5,627 properties.
Median number of rooms of renter-occupied housing units**
3.7
Renter median household income**
$82,243
Average household size of renter-occupied housing units**
2.01
Rental vacancy rate**
6.9%
Louisville, Colorado | Renter-occupied housing units by no. of bedrooms**
There are 836 rentals in Louisville, Colorado with 1 bed making up the highest share of the market, at 34%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 13 units. Overall, the median number of rooms in Louisville, Colorado homes for rent is 3.7.
Louisville, Colorado |Renter-occupied units by age of householder**
Most condos for rent in Louisville, Colorado are occupied by residents in the 25 - 34 years age group (28%), followed by those in the 45 - 54 years age group (18%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 5%.
Louisville, Colorado | Renter-occupied housing units by family type**
Louisville, Colorado | Renter-occupied housing units by the presence of own children**
A total of 956 apartments for rent in Louisville, Colorado, or 39% of all rentals are family households. Additionally, 23% of rental homes include children under the age of 18 – that’s 572 units. All in all, the median size of a renter-occupied household in Louisville, Colorado is 2.01.
Louisville, Colorado | Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 55% of the rental market. In contrast, residents with less than a high school degree reside in 1% of the homes for rent in Louisville, Colorado.
Louisville, Colorado | Renter-occupied units by year structure built**
The highest share of Louisville, Colorado apartment rentals, namely 30% or 731 units, were Built 2010 - 2019, followed by those Built 1990 - 1999 (22%, 538 units), and the ones Built 1980 - 1989 (19%, 456 units).
Louisville, Colorado | Renter-occupied units by year householder moved in**
Louisville, Colorado | Renter-occupied housing units by vehicles available**
When it comes to transportation options, 43% of Louisville, Colorado renters have 1 vehicle available per household, 31% of them have 2 vehicles available, and 15% have No vehicle available.
Louisville, Colorado | Means of transportation to work of householders living in renter-occupied housing units**
Louisville, Colorado |Geographical mobility in the past year for householders living in renter-occupied housing units**
Louisville, Colorado | Average apartment rent by zip codes
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Louisville, Colorado apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
