Rentometer, Inc. | Data as of 10/22/2025
Graymoor-Devondale offers a balanced rental market that appeals to both young professionals and families seeking a suburban feel within easy reach of Louisville’s amenities. The city’s well‑maintained streets, tree‑lined neighborhoods, and proximity to the Ohio River make it a desirable location for renters who value quiet residential settings alongside convenient access to major highways, shopping districts, and quality schools. Popular spots such as River Park and the historic Devondale Country Club add recreational appeal, while nearby dining and boutique shops along River Road contribute to a vibrant, community‑focused atmosphere.
Apartment options dominate the rental scene, with two‑bedroom units typically positioned in the $1200 range, offering modern finishes and community amenities that attract couples and small families. Larger three‑bedroom apartments command rents in the $1800‑$2000 range, providing ample space for growing households and often featuring updated kitchens, in‑unit laundry, and easy access to public transportation corridors. For those preferring the privacy of a house, three‑bedroom homes are generally listed in the $2000+ bracket, delivering spacious layouts, private yards, and the flexibility of suburban living while still benefiting from the city’s strong sense of community.
Overall, Graymoor-Devondale’s rental market reflects a blend of affordability and quality, making it an attractive choice for renters across a range of lifestyles. The area's blend of serene neighborhoods, convenient amenities, and strategic location ensures that both apartments and houses remain in steady demand, supporting a healthy and vibrant rental environment in this charming Kentucky city.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 2 Bedroom | $1,214 | $1,204 | $1,129 - $1,309 | $1,129 - $1,309 |
| Apartment | 3 Bedroom | $2,064 | $1,761 | $1,535 - $3,200 | $1,749 - $3,200 |
| House | 3 Bedroom | $2,073 | $2,050 | $1,899 - $2,295 | $1,950 - $2,295 |
In the current period, the average rent in Graymoor-Devondale was
$1,214 for 2 Bedroom, and
$2,069 for 3 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.