Zip lookup · KY

40208
Louisville, Kentucky.

Louisville, Jefferson County, KY · Louisville/Jefferson County, KY-IN metro · population 15,605

What it costs per month · 40208 $706/mo

to buy the typical home at today's mortgage rate — +$399 (+130%) since Jan 2020.

What the home itself did
1 year
Down $2,716 -2%
$137,233$134,517 since Sep 2025
5 years
Up $30,175 +29%
$104,342$134,517 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 40208 $706 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 40208$706
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 14 years.

Typical home values in zip 40208 fell 2.0% over the past year — slower than the nation's +1.2%.

Asking rents in zip 40208 rose 3.6% over the past year — faster than the nation's +2.7%.

Owning the typical home in zip 40208 runs $117/mo less than renting one. The gap peaked at $365 in Jul 2020.

That is $946 a month against $1,063 rent: a $706 mortgage payment, plus $96 property tax and $144 insurance & upkeep.

Owning vs renting — zip 40208

The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.

$250 $500 $750 $1,000 2018 2019 2020 2021 2022 2023 2024 2025 2026 Owning all in $946 Renting $1,063 Mortgage only $706
$250 $500 $750 $1,000 2018 2022 2026
  • Owning all in$946
  • Renting$1,063
  • Mortgage only$706

Property tax · $96/mo 0.86% of value a year — the ACS 2020-2024 median bill over the median home value for Jefferson County, KY

Insurance & upkeep · $144/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.

Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.

Zillow also publishes an index for the city itself: Louisville, KY — measured over the city limits, which is a different area from this zip.

Asking rent $1,063 as of Sep 2026
+3.6%year on year
Typical home value $134,517 as of Sep 2026
-2.0%year on year

Asking rent — 40208

Against the Louisville/Jefferson County, KY-IN metro and the national benchmark.

$1,000 $1,500 $2,000 2018 2019 2020 2021 2022 2023 2024 2025 2026 40208 $1,063 United States $1,932
$1,000 $1,500 $2,000 2018 2022 2026
  • 40208$1,063
  • United States$1,932

Typical home value — 40208

Mid-tier homes, smoothed and seasonally adjusted.

$100,000 $200,000 $300,000 2018 2020 2022 2024 2026 40208 $134,517 United States $366,157
$100,000 $200,000 $300,000 2018 2022 2026
  • 40208$134,517
  • United States$366,157

Within 20 miles

Showing 30 of 54 zips in range — sorting picks from all 54.

10 mi 20 mi 50 mi
Miles Zip City Population Rent Home value
1.5 40210 Louisville 13,518 $1,178 $87,299
1.6 40217 Louisville 11,663 $1,407 $235,253
2.0 40203 Louisville 17,742 $1,006 $146,732
2.2 40215 Louisville 20,532 $1,205 $135,184
2.6 40202 Louisville 7,261 $1,233 $345,847
2.6 40209 Louisville 639 — $118,208
2.9 40204 Louisville 14,034 $1,240 $279,894
3.2 40211 Louisville 20,407 $1,160 $92,472
3.9 40213 Louisville 16,054 $1,305 $206,266
4.0 40212 Louisville 14,661 $1,090 $82,370
4.4 40216 Louisville 44,047 $1,300 $205,855
4.4 40206 Louisville 20,161 $1,358 $285,228
4.5 40205 Louisville 24,664 $1,336 $384,762
4.7 40214 Louisville 45,405 $1,114 $217,855
6.2 40218 Louisville 33,736 $1,241 $214,249
6.6 47150 New Albany 49,144 $1,194 $234,008
6.6 47129 Clarksville 19,582 $1,156 $203,345
6.8 40207 Louisville 28,903 $1,518 $424,243
6.9 40219 Louisville 39,909 $1,344 $234,580
7.7 40258 Louisville 26,841 $1,423 $223,834
8.0 40220 Louisville 35,078 $1,270 $290,248
8.3 40118 Fairdale 10,697 $1,111 $206,593
9.0 47130 Jeffersonville 50,514 $1,366 $252,878
9.0 40222 Louisville 21,470 $1,485 $393,508
9.2 40228 Louisville 18,085 $1,446 $271,760
10.4 40242 Louisville 11,168 $1,448 $325,225
10.4 40272 Louisville 38,289 $1,289 $221,267
10.6 40229 Louisville 41,299 $1,485 $252,363
10.7 47136 Lanesville 4,756 — $341,240
11.0 40109 Brooks 2,376 — $298,362

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.