MARKET SNAPSHOT Louisville q3 2025

Market Overview

‍The Louisville multifamily market in Q3 2025 is showing early signs of balance, with average asking rent just over $1,240 and occupancy tracking around 91%. Development activity is moderating, completions and units under construction are below peak levels, while long-term demand remains supported by strong logistics, healthcare and manufacturing sectors.

‍About MMG

‍MMG Real Estate Advisors is a U.S.-based multifamily research and advisory firm specialising in metro-level rental housing markets. Their Q3 2025 Louisville multifamily market report synthesises data on rents, occupancy, supply dynamics and investment trends to help owners, developers and investors refine timing and strategy. To read the full report, click here.