Rent to own Homes in Louisville, KY

The home of Muhammad Ali became a town during the American Revolutionary War. It was named in honor of King Louis XVI of France because the French were helping the United States' soldiers fight the British. The Falls of Ohio prevented travel further down the Ohio River, prompting many travelers to settle in Louisville. The completion of the Louisville and Portland Canal in 1830 created a waterway for boats to circumvent the falls, but by then, Louisville was already the largest municipality in the state. The canal enabled trade to a larger portion of the country, and the city began to emerge as a manufacturing and shipping center. The Louisville and Nashville Railroad Company came into existence in 1850 and created routes that enhanced the city's trade capabilities by land. Louisville was conveniently located within a relatively close range of much of the developed part of the U.S., enabling the city to further establish its prominence in manufacturing and shipping.

Manufacturing and shipping are still prominent industries in Louisville. In fact, it was ranked as the number one city for manufacturing by Forbes Magazine as recently as 2017. Louisville maintains strategic partnerships with the Kentucky Manufacturing Career Center and the Kentucky Federation of Advanced Manufacturing Education to ensure the availability of employees and the future of the industry. But times have changed, and so has the city. Although the United Parcel Service, a shipping company, is the largest employer in Louisville with 23,533 employees, its economy has seen much success in health care, business services, food and beverage, and tourism.

Louisville, KY is a great place for affordable rent-to-own homes! With a median household income of over $54,929 and a median rent of $878, the Louisville, KY rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Louisville, KY. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out Louisville, KY rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 440
1 of 11 1246 SCHILLER AVE
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Rent To Own
Germantown
Single Family Home
Louisville, KY 40204
2
1
1072 ft2
1905
Hot
6711 CURRINGTON CIR
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Rent To Own
Pleasure Ridge Park
Single Family Home
Louisville, KY 40258
3
2
1150 ft2
2000
1216 LIPPS LN #103
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Rent To Own
Okolona
Townhouse/Condo
Louisville, KY 40219
3
2
1328 ft2
2003
3209 COLLEGE DR
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Rent To Own
 
Single Family Home
Louisville, KY 40299
2
1
2050 ft2
1949
1621 SPEED AVE
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Rent To Own
Deer Park
Single Family Home
Louisville, KY 40205
4
2
1477 ft2
1934
653 S BARBEE WAY
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Rent To Own
Merriwether
Single Family Home
Louisville, KY 40217
3
1
2108 ft2
1930
1 of 6 518 S 28TH ST
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Rent To Own
Russell
Single Family Home
Louisville, KY 40211
1
1
896 ft2
1900
14001 CYPRESS GLEN DR
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Rent To Own
 
Townhouse/Condo
Louisville, KY 40245
4
4
3383 ft2
2010
10837 BLOOMFIELD RD
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Rent To Own
 
Single Family Home
Springfield, KY 40069
3
2
1948 ft2
1135 S 28TH ST
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Rent To Own
Parkland
Single Family Home
Louisville, KY 40211
1
1
792 ft2
1910
1 of 12 7503 SHEPHERDSVILLE RD
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Rent To Own
 
Single Family Home
Louisville, KY 40219
3
1
1075 ft2
1960
1 of 24 8405 MANSON WAY
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Rent To Own
Valley Station
Single Family Home
Louisville, KY 40258
4
2
1215 ft2
1960
1622 BERRY BLVD
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Rent To Own
Jacobs
Single Family Home
Louisville, KY 40215
2
1
588 ft2
1923
1 of 8 712 CAMDEN AVE
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Rent To Own
Wyandotte
Single Family Home
Louisville, KY 40215
2
1
932 ft2
1910
1 of 9 806 W ASHLAND AVE
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Rent To Own
Beechmont
Single Family Home
Louisville, KY 40215
3
1
1233 ft2
1925
1 of 11 6300 KENYON DR
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Rent To Own
Valley Station
Single Family Home
Louisville, KY 40272
3
1
1215 ft2
1967
1 of 8 7112 NATHAN HALE WAY
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Rent To Own
 
Single Family Home
Louisville, KY 40272
3
1
1230 ft2
1955
3117 Greenwood Ave
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Rent To Own
Parkland
Single Family Home
Louisville, KY 04021
4
2
1277 ft2
1910
Hot
104 CHILLICOOP RD
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Rent To Own
 
Single Family Home
Shepherdsville, KY 40165
3
1
1058 ft2
1999
1 of 4 1109 SALE AVE
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Rent To Own
Wyandotte
Single Family Home
Louisville, KY 40215
2
1
832 ft2
1925
1 of 19 1502 Larchmont Ave
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Rent To Own
Taylor Berry
Single Family Home
Louisville, KY 40208
2
1
1185 ft2
1938
1759 W GAULBERT AVE
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Rent To Own
Algonquin
Single Family Home
Louisville, KY 40210
3
1
1240 ft2
1922
4319 S 1ST ST
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Rent To Own
Wilder Park
Single Family Home
Louisville, KY 40214
2
2
0 ft2
1941
1 of 17 1306 WEYLER AVE
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Rent To Own
Taylor Berry
Single Family Home
Louisville, KY 40215
3
2
1145 ft2
1943
1 of 13 13219 FORGE CIR
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Rent To Own
 
Single Family Home
Louisville, KY 40272
4
1
1165 ft2
1963
1 of 52 1907 CHARBDIN PL
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Rent To Own
Riverwood
Single Family Home
Louisville, KY 40207
5
3
3186 ft2
1981
1 of 55 2100 CAMARGO RD
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Rent To Own
Riverwood
Single Family Home
Louisville, KY 40207
4
3
3800 ft2
1964
1 of 40 1001 E 8TH ST
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Rent To Own
 
Single Family Home
Jeffersonville, IN 47130
3
1
1780 ft2
1950
1 of 22 7501 JONES TRCE
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Rent To Own
 
Single Family Home
Crestwood, KY 40014
5
4
3361 ft2
2005
1 of 53 1966 DEER PARK AVE
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Rent To Own
Deer Park
Single Family Home
Louisville, KY 40205
6
5
4037 ft2
1902
1 of 67 420 WHITEHEATH LN
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Rent To Own
 
Single Family Home
Louisville, KY 40243
3
3
1919 ft2
1974
1 of 30 1715 JONQUIL DR
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Rent To Own
 
Single Family Home
Jeffersonville, IN 47130
3
1
1000 ft2
1957
1 of 41 740 Zorn Ave 4H
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Rent To Own
Brownsboro Zorn
Townhouse/Condo
Louisville, KY 40206
2
2
1245 ft2
1972
1 of 21 4101 NICHOLAS ROY CT
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Rent To Own
 
Townhouse/Condo
Prospect, KY 40059
3
3
2400 ft2
2007
1 of 16 1048 SEELBACH AVE
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Rent To Own
Beechmont
Single Family Home
Louisville, KY 40215
3
1
865 ft2
1949
1 of 55 2028 LANCASHIRE AVE
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Rent To Own
Gardiner Lane
Single Family Home
Louisville, KY 40205
2
2
1200 ft2
1950
1 of 27 9403 ALEX CT
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Rent To Own
 
Single Family Home
Louisville, KY 40299
4
3
2220 ft2
2002
Hot
213 VIRGINIA CT
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Rent To Own
 
Single Family Home
New Albany, IN 47150
2
1
730 ft2
1950
1 of 5 3424 W Muhammad Ali Blvd
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Rent To Own
Shawnee
Single Family Home
Louisville, KY 40211
2
1
616 ft2
1925
1 of 3 4147 VIRGINIA AVE
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Rent To Own
Chickasaw
Single Family Home
Louisville, KY 40211
4
2
1262 ft2
1930
2300 ELDER PARK RD
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Rent To Own
Borowick Farms
Single Family Home
La Grange, KY 40031
5
3
4479 ft2
2011
22600 DIXIE HWY
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Rent To Own
 
Single Family Home
West Point, KY 40177
5
2
3732 ft2
1975
1 of 4 241 ROLLING RIDGE WAY
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Rent To Own
 
Single Family Home
Simpsonville, KY 40067
3
2
1561 ft2
1992
Hot
184 MAPLE DR
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Rent To Own
 
Single Family Home
Charlestown, IN 47111
2
1
720 ft2
1956
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Rent to own Homes in Cities Near Louisville, KY

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Buying a Home in Louisville, KY

Louisville, KY is seeing rapid growth and Louisville, KY's' housing market remains optimal with an average home price that is -24% below the 2025 national average. Louisville, KY is part of Jefferson county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2025 for county Jefferson is 0.9% which is below the national average, which is 0.99%.

Median Home Price in Louisville, KY

Median Rent in Louisville, KY

Rent to own homes offer low monthly payments and flexible terms.

Average Cost of Living in Louisville

The overall cost of living in Louisville is 4.8% higher than Kentucky's average but 11.6% lower than the U.S. average. Groceries, health, housing, and utilities are all cheaper than in other parts of the country. Crestwood and Goshen adjoin the city, and both are upwards of 20% higher than Louisville, while Brooks is 1.2% lower. Louisville is on the low end as far as the cost of living for the area.

Average Home Prices in Louisville

The median cost of a house in Kentucky is $146,400, well below the U.S. average of $231,200. At $160,800, Louisville homes are $14,400 more expensive than the state average and more than $70,000 cheaper than the national average. While an average house in Brooks costs $140,400, real estate in the area is generally more expensive. Crestwood's median price is $303,900, and you'll pay $288,100 in Goshen. Louisville is an excellent place to buy a rent-to-own home. Despite being the largest municipality in the state and its economic advantage, it has a more affordable real estate market than most of its surrounding towns.

Louisville Statistics

If you're interested in Louisville rent-to-own homes, don't forget to consider important factors in addition to monthly living costs, such as average commute, taxes, crime rates, etc. The following are some common Louisville statistics compared to the U.S. national average.

Louisville Averages National Averages
One-Way Commute 22.4 minutes 26.4 minutes
Violent Crime 46.2 22.7
Property Crime 87.2 35.4
Unemployment Rate 5.0% 3.9%
Income Tax Rate 8.0% 4.6%
Air Quality 51 58
Water Quality 13 55
Median Household Income $44,806 $53,482
Median Property Taxes $1,500 $2,200
Utilities $140/month $112/month
Monthly Rent $800 $1,470
Median Home Cost $160,800 $231,200
Median Home Age 49 years 40 years

Popular Amenities and Attractions in Louisville

Louisville is known as the Derby City because it hosts the Kentucky Derby annually at the Churchill Downs Racetrack. At the Kentucky Derby Museum, you can watch the horses train, tour the track, view a host of exhibits to learn about the race's history, and enjoy lunch at the Derby Café express. For action and excitement, join the Kentucky Derby Festival. The event takes place during the two weeks preceding the race and includes concerts, fireworks, sports, and games for the entire family.

If you've heard of Louisville, you've likely also heard of the Louisville Slugger. Visit the Louisville Slugger Museum and Factory to learn about the company's history and the evolution of the baseball bat. The Kentucky Kingdom and Hurricane Bay is a combination of an amusement park with rides for children and adults, a waterpark for people of all ages, and King Louie's Playland for younger children. The Louisville Zoo encompasses 130 acres with more than 1,100 animals from around the world. Enjoy its many exhibits, but leave some time to relax in the stunning on-site botanical gardens. The Kentucky Bourbon Trail neatly displays the state's deep roots in the bourbon industry. Although it extends well beyond the city, you can enjoy live music, shops, events, and exhibits at its Louisville locations.

Over 25 million people visited the city in 2018 to see friends and family, for business, or to enjoy its many attractions. But Louisville is also an excellent place to call home. Its 617,638 residents enjoy a thriving economy, affordable housing, and a low cost of living. You can take advantage of these benefits as well by buying a rent-to-own home in Louisville.