2025 Compare Cities Housing:
Richmond, KY vs Louisville, KY

Change Cities
Highlights
- The median age of a home in Richmond is 85.7% younger than the median age of a home in Louisville.
 Richmond, KYLouisville, KYUnited States
 Median Home Age28  Unlock42
 Median Home Cost  Unlock$229,700$338,100
 Home Appr. Last 12 months15.5%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock45.0%57.0%
 Home Appr. Last 10 yrs.69.9%  Unlock101.1%
 Property Tax Rate  Unlock$9.3$11.0
 Homes Owned32.6%  Unlock57.4%
 Housing Vacant  Unlock9.6%11.2%
 Homes Rented57.0%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Richmond, KYLouisville, KYUnited States
 Average Rent  Unlock$1,520$1,840
 Studio Apartment$640  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$970$1,180
 2 Bedroom Home or Apartment$790  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,540$1,860
 4 Bedroom Home or Apartment$1,060  Unlock$2,160
 space1
 Vacant Housing
 Richmond, KYLouisville, KYUnited States
 Vacant For Rent  Unlock2.7%1.9%
 Vacant Rented0.6%  Unlock0.4%
 Vacant For Sale  Unlock0.7%0.7%
 Vacant Sold0.6%  Unlock0.4%
 Vacant Vacation  Unlock0.5%3.6%
 Vacant Other5.5%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Richmond, KYLouisville, KYUnited States
 Less Than $20,000  Unlock2.3%2.6%
 $20,000 to $39,9990.7%  Unlock2.4%
 $40,000 to $59,999  Unlock2.5%2.8%
 $60,000 to $79,9991.4%  Unlock3.9%
 $80,000 to $99,999  Unlock6.7%4.5%
 $100,000 to $149,99926.2%  Unlock11.3%
 $150,000 to $199,999  Unlock19.2%13.0%
 $200,000 to $299,99923.6%  Unlock20.1%
 $300,000 to $399,999  Unlock10.8%13.6%
 $400,000 to $499,9993.2%  Unlock8.3%
 $500,000 to $749,999  Unlock3.9%9.7%
 $750,000 to $999,9990.9%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.4%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.4%1.1%
 space3
 Housing Units By Year Built
 Richmond, KYLouisville, KYUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock11.0%13.6%
 2000 to 200917.0%  Unlock13.6%
 1990 to 1999  Unlock11.1%13.6%
 1980 to 198916.2%  Unlock13.2%
 1970 to 1979  Unlock12.4%14.8%
 1960 to 196924.3%  Unlock13.6%
 1950 to 1959  Unlock14.6%10.0%
 1940 to 19491.3%  Unlock4.7%
 1939 or Earlier  Unlock16.5%12.2%
Reviews for Richmond    4 Reviews

Over 7 years ago

Keep this between us... Richmond is a hidden gem. A small university town close to a large city (Lexington is 30 minutes away) and less than two hour from very large  More

   |    Reply

For a smallish town, Richmond offers a convenient location and great small restaurants. Fortunately it is also wedged between Lexington and little Berea, both with more  More

   |    Reply

Over 16 years ago

Major university town of small size (30,000), and conveniently located 30 miles from Lexington,  More

   |    Reply

Start Your Review of Richmond

Reviews for Louisville    32 Reviews

Over 3 years ago

I've lived in Louisville for 68 years it's one of the best cities to live in. The worse thing about Louisville is how much it has grown. Crime has increased in downtown  More

   |    Reply

Over 4 years ago

I spent a day in Louisville as a tourist. Horrible. Nothing to see. Kind of decrepited. I wished I'd skipped it  More

   |    Reply

Over 4 years ago

Love/miss Louisville! Not to big, not to small. JUST PERFECT!  More

   |    Reply

Start Your Review of Louisville


Premium Subscription
Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.