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HomeProperty Insurance8 Most Reasonably priced Louisville Suburbs

8 Most Reasonably priced Louisville Suburbs


Louisville, KY, has risen in recognition for these seeking to lease or purchase a house within the South. Dwelling to the long-lasting Kentucky Derby, Kentucky bourbon, and the birthplace of the Louisville slugger, there’s at all times one thing to take a look at within the metropolis. If you happen to’re planning to purchase a house in Louisville, you’ll discover that the median dwelling sale worth is $260,800 and the housing market may be very aggressive. And when you’re contemplating renting an residence in Louisville, the common lease worth for a two-bedroom residence is $1,230.

If these costs are out of your price range, don’t fear, we’ve bought choices that will help you discover a dwelling. We’ve compiled an inventory of the 8 greatest inexpensive Louisville suburbs to think about shifting to. And so they’re all lower than 45 minutes away from the town. That method, you’ll be shut sufficient to discover all the metropolis’s greatest actions, with out paying the value of residing in Louisville.

bridge in louisville kentucky at night

#1: West Buechel

Median dwelling worth: $110,000
Driving distance from Louisville: quarter-hour
West Buechel, KY properties on the market
West Buechel, KY residences for lease

With a median dwelling sale worth of almost $150K lower than Louisville, West Buechel is probably the most inexpensive Louisville suburb on our checklist. A couple of 15-minute drive away from downtown Louisville, West Buechel is dwelling to roughly 2,000 individuals. Residing in West Buechel, you may spend time exploring one of many many close by parks and recreation areas.

#2: Shively

Median dwelling worth: $152,000
Driving distance from Louisville: quarter-hour
Shively, KY properties on the market
Shively, KY residences for lease

Shively is available in because the second greatest inexpensive suburb in Louisville. The identical distance from Louisville as West Buechel, you may go to the Kentucky Derby Museum very quickly. Residing in Shively, be certain to discover the Altitude Trampoline Park, go to the Stitzel-Weller Distillery, a whiskey distillery relationship again to the Nineteen Thirties, or seize a chew to eat at one of many native eating places.

#3: New Albany, IN

Median dwelling worth: $195,500
Driving distance from Louisville: 10 minutes
New Albany, IN properties on the market
New Albany, IN residences for lease

Simply 10 minutes away in Indiana, you’ll discover the Louisville suburb of New Albany. With a inhabitants of about 37,000, there are many cool areas to discover in New Albany. If you end up shifting right here, be certain to go to the gorgeous Ohio River riverfront or Loop Island Wetlands. You may also try historic websites just like the Culbertson Mansion or the Carnegie Middle for Artwork & Historical past.

belle of louisville steamboat ship on the water

#4: Simpsonville

Median dwelling worth: $199,000
Driving distance from Louisville: half-hour
Simpsonville, KY properties on the market
Simpsonville, KY residences for lease

Slightly costlier than New Albany is none apart from Simpsonville. With a inhabitants shut to three,000, there’s nonetheless lots to do on this Louisville suburb. Plan to spend the day visiting one of many native parks and museums or enjoying a spherical of golf at one of many golf programs.

#5: Clarksville, IN (tie)

Median dwelling worth: $220,000
Common lease for a 2-bedroom residence: $927 
Driving distance from Louisville: 10 minutes
Clarksville, IN properties on the market
Clarksville, IN residences for lease

Drive 10 minutes outdoors of Louisville and also you’ll discover the suburb of Clarksville, one other nice space so as to add to your checklist. Dwelling to 22,000 residents, this inexpensive city could be a nice alternative for individuals seeking to stay near Louisville with out paying the value for a house within the metropolis. In Clarksville, you’ll discover Kopp’s Lakes, Falls of the Ohio State Park, and George Rogers Clark Homesite.

#5: Bardstown (tie)

Median dwelling worth: $220,000
Driving distance from Louisville: 45 minutes
Bardstown, KY properties on the market
Bardstown, KY residences for lease

One other well-known Louisville suburb is Bardstown, the place you’ll discover the house costs are about $40K lower than in Louisville. Dwelling to roughly 13,000 individuals, Bardstown is a superb suburb to think about shifting to, particularly when you’re wanting to remain in Kentucky. With the My Outdated Kentucky Dwelling State Park, museums just like the Ladies’s Civil Struggle Museum, and historic distilleries like Barton 1792 Distillery there are numerous issues that make Bardstown distinctive.

waterwall in affordable louisville suburbs

#7: Lyndon

Median dwelling worth: $236,550
Driving distance from Louisville: 18 minutes
Lyndon, KY properties on the market
Lyndon, KY residences for lease

Claiming the seventh spot on our checklist of inexpensive Louisville suburbs is Lyndon, which is nearly an 18-minute drive into the town middle. With a inhabitants of near 11,500, residing in Lyndon is a superb various to the hustle and bustle of Louisville. Don’t miss out on visiting the Lyndon Recreation Middle for a swim or to play some basketball.

#8: Watterson Park

Median dwelling worth: $240,000
Driving distance from Louisville: quarter-hour
Watterson Park, KY properties on the market
Watterson Park, KY residences for lease

Final however not least on our checklist of most inexpensive Louisville suburbs is Watterson Park. This inexpensive suburb is dwelling to roughly 1,000 residents, so that you’ll have a mere fraction of Louisville’s inhabitants whereas remaining solely quarter-hour from the town. As soon as shifting to Watterson Park, you may go mountaineering, fishing, and or horseback driving.

Methodology: 

Affordability is predicated on whether or not a suburb is lower than the median sale worth of Louisville and beneath a 45-minute drive from downtown Louisville. Median dwelling sale worth information from the Redfin Information Middle throughout July 2022. Common rental information from Hire.com throughout July 2022. Inhabitants information sourced from United States Census Bureau.

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