salaryRent is higher than in 89% of U.S. cities. Household incomes are higher than in 92% of U.S. cities. A typical house costs about 5.6 years of household income. It is a highly educated city: 69.9% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $107,360 a year. That is $52 an hour at a full-time job.
Is rent cheaper than other Colorado cities?
No. Rent here is more expensive than in most of Colorado. It is number 104 of 112 cities from cheapest to most expensive.
How much do households earn in Louisville?
Share of households by yearly income. 58.7% of households earn $100,000 or more.
Rent by apartment size in Louisville
| Size | Louisville | U.S. average |
|---|---|---|
| Studio | $1,741 | $1,338 |
| 1 bedroom | $1,998 | $1,324 |
| 2 bedrooms | $2,234 | $1,509 |
| 3 bedrooms | $2,873 | $1,698 |
| 4 bedrooms | $3,050 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Louisville overall?
Everyday prices in Colorado overall are 3% above the U.S. average (index 103.1, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Louisville, so the Colorado figure is shown.
Taxes and bills in Louisville
Life in Louisville
Is it cheaper to rent or buy in Louisville?
Renting is cheaper right now: about $3,449 a month less.
Owning assumes a typical $883,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $88,390 for the down payment.
Frequently asked questions
What is the average rent in Louisville, CO?
Renting in Louisville costs a median of about $2,684 a month in 2026, including utilities. The Colorado median is $2,080.
How much do I need to make to live in Louisville?
To keep rent under 30% of income, you need about $107,360 a year, or $52 an hour at a full-time job.
Is Louisville cheap or expensive?
Louisville is rated OK: rent takes 20.3% of the typical household income of $158,884. It ranks 104th cheapest of 112 Colorado cities we track.
How much are property taxes in Louisville?
The median homeowner in Louisville pays $4,532 a year in property taxes, about 0.51% of the median home value.
Is Louisville more expensive than the national average?
Overall prices in Colorado are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Louisville?
The median home value in Louisville is $883,900, about 5.6 times the typical yearly household income.
20,786 people live in Louisville. Numbers are typical (middle) values.