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Cheapest ZIP codes in the Louisville area

Typical home value, September 2026 · Zillow ZHVI (Sep 2026) · updated 2026-11-15

ZIP code 40212 (Portland, Louisville, KY) has the lowest typical home value of the 90 ZIP codes ranked in the Louisville area: $82,370, 70% below the figure for the metro area as a whole ($278,000).

The 10 lowest run from $82,370 to $206,000; the highest of all 90 is $631,000, 7.7 times the lowest.

75 of the 90 ZIP codes are below the U.S. typical home value of $366,000; the median ZIP code in the Louisville area is at $277,000.

See typical home value for the Louisville area on ProMap

Cheapest ZIP codes in the Louisville area: the first 30 of 90

ZIP codes with at least 1,000 residents and a published figure are ranked (90 of them in the Louisville area).
RankZIP codeTypical home valueHome values, 1-year changeTypical rent (monthly)
140212Portland, Louisville, KY$82,370+8.2%$1,090
240210California, Louisville, KY$87,298+8.2%$1,178
340211Chickasaw, Louisville, KY$92,471−1.6%$1,160
440208Old Louisville, Louisville, KY$135,000−2.0%$1,063
540215Jacobs, Louisville, KY$135,000−4.0%$1,205
640203Russell, Louisville, KY$147,000+0.9%$1,006
747108Campbellsburg, IN$200,000+4.4%–
847129Clarksville, IN$203,000+2.9%$1,156
940216Cloverleaf, Louisville, KY$206,000+1.3%$1,300
1040213Prestonia, Louisville, KY$206,0000.0%$1,305
1140118Louisville, KY$207,000+2.1%–
1247167Salem, IN$209,000+2.8%–
1340051New Haven, KY$211,000+0.9%–
1440050New Castle, KY$214,000−4.2%–
1540218Bon Air, Louisville, KY$214,000+1.0%$1,241
1640214Iroquois Park, Louisville, KY$218,000+0.9%$1,114
1740272Louisville, KY$221,000+0.5%$1,289
1840258Louisville, KY$224,000+0.7%$1,423
1947115Depauw, IN$228,000+3.1%–
2040019Eminence, KY$228,000+1.8%–
2140150Lebanon Junction, KY$230,000−9.2%–
2240011Campbellsburg, KY$233,000+2.3%–
2347164Palmyra, IN$234,000+1.9%–
2447150New Albany, IN$234,000+2.9%$1,194
2540219Louisville, KY$235,000+3.8%$1,344
2640003Bagdad, KY$235,000−13.2%–
2740217Audubon, Louisville, KY$235,000+1.0%$1,407
2847165New Pekin, IN$236,000+3.0%–
2940075Turners Station, KY$242,000+4.1%–
3047166Ramsey, IN$247,000+3.5%–
ZIP codes in the Louisville area, shaded by typical home value10987654321
  • Under $230k
  • $230k–$260k
  • $260k–$300k
  • $300k–$340k
  • $340k+
  • Not ranked
ZIP codes in the Louisville area, shaded by typical home value. Numbers mark the first 10 places in the table; dashed lines are county borders. Zillow ZHVI (Sep 2026).

More rankings for the Louisville area

Cheapest ZIP codes in other metro areas

Source and method

Typical home value: Zillow ZHVI (Sep 2026); figures for September 2026. ZIP codes with at least 1,000 residents and a published figure are ranked (90 of them in the Louisville area). The metro area is the Louisville/Jefferson County, KY-IN metropolitan statistical area. Place names for ZIP codes are the neighborhood or city the ZIP code mostly covers. Compiled by Home Economics.

Zillow's "typical" home value and rent are index values for the middle of the market (the Zillow Home Value Index and Observed Rent Index), not median sale prices or asking rents. One-year changes are over the 12 months to September 2026. Income and population come from the Census Bureau's American Community Survey and carry sampling error, most of all in small places.

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