Louisville 3Q 2024 Market Report
Research Multifamily Market Reports Louisville 3Q 2024 MARKET SNAPSHOT Louisville 3Q 2024 AVERAGE RENT $1,196 3Q 2024 OCCUPANCY RATE 94.5% 3Q 2024 QUARTERLY NET DEMAND 1,015 [YTD: 2,355] YoY RENT CHANGE 3.4% 3Q 2024 YoY OCCUPANCY CHANGE +20 BASIS POINTS QUARTERLY COMPLETIONS 1,496 [YTD: 3,430] KEY TAKEAWAYS Demand continues to lag behind new completions, a […]
Louisville 3Q 2024
An interactive look into the Multifamily Construction Pipeline in Q3 for Louisville, Kentucky
Louisville 2Q 2024 Report
Louisville 2Q 2024 Market Report MARKET SNAPSHOT AVERAGE RENT $1,188 2Q 2024 2Q 2024 RENT CHANGE 5.1% OCCUPANCY RATE 94.8% 2Q 2024 ANNUAL OCCUPANCY CHANGE 30 BASIS POINTS QUARTERLY DEMAND 865 [YTD: 1,568] QUARTERLY COMPLETIONS 588 [YTD: 1,892] KEY TAKEAWAYS Net absorption in the first two quarters of 2024 reached 1,568 units, a 30% increase […]
Louisville 2Q24
An interactive look into the Multifamily Construction Pipeline in Q2 for Louisville, KY.
Louisville Q1 2024 Report
Louisville 1Q 2024 Market Report MARKET SNAPSHOT AVERAGE RENT $1,162 1Q 2024 1Q 2024 RENT CHANGE 3.9% OCCUPANCY RATE 94.7% 1Q 2024 ANNUAL OCCUPANCY CHANGE 40 BASIS POINTS TOTAL OPERATING EXPENSE ANNUAL CHANGE 6.4% (FEB 2024) NET OPERATING INCOME ANNUAL CHANGE 9.4% (FEB 2024) * Please note that these employment figures have been adjusted for […]
Louisville 2024 Forecast
Louisville 2024 Market Forecast MARKET SNAPSHOT AVERAGE RENT $1,124 4Q 2023 $1,170 4Q 2024 2024 RENT CHANGE 4.1% OCCUPANCY RATE 93.4% 4Q 2023 93.6% 4Q 2024 4Q 2024 OCCUPANCY CHANGE +20 points EMPLOYMENT* 691.7K 2023 697.2K 2024 UNEMPLOYMENT RATE** 3.6% 2023 4.1% 2024 * Please note that these employment figures have been adjusted for seasonal […]
Louisville Q3 2023
Louisville 3Q23Multifamily Market Report $1,196 average rent 94.2% average occupancy rate $135.7M ytd sales volume 3.0% YoY rent change -1.6 POINTS yoy occupancy change 5 YTD individual transactions Supply & Demand 3Q23 -214 Units QUARTERLY DEMANDYTD: -76 85 Units QUARTERLY COMPLETIONSYTD: 643 Annual Demand vs Completions 2018 2,463 2,020 2019 1,312 1,460 2020 2,401 2,569 […]
Louisville Q1 2023
This comprehensive analysis provides valuable insights into the multifamily sector’s performance and emerging trends in the Louisville Market for Q1 2023.
