Louisville, KY Rent To Own Homes

Rent to Own Homes in Louisville, KY: Everything You Need to Know

It’s the first weekend of May in Louisville, Kentucky. Be prepared with heavier traffic, large and unusually-crafted hats, and more mint juleps being served than any other time of year. The flood of events, people, and concerts usher in the Kentucky Derby. Although it is not the only tradition celebrated, the Derby continues to pinpoint Louisville's location to the world as a town of celebration, class, and sport.

Louisville’s Local History

Founded in the late 18th Century, Louisville is one of the oldest cities west of the Appalachian Mountains. Located on the Ohio River banks, bordering Indiana, the town was a base site for the Union armies during the Civil War, as well as a location for people seeking refuge during the Great Depression. Louisville has boats and railroads that help transport commodities across the country. 

A Strong Job Market

Farms, race tracks, and ranches around Louisville employ a significant number of people each year. SGS and Deloitte have a strong presence in the city and for those seeking work in accounting and corporate consulting. In the medical fields, Louisville is home to Humana, PharMerica, and Signature Healthcare. Whether it is the cuisine, banking, or alcohol, the city has many opportunities for people of varying skills, backgrounds, and goals.

Louisville Real Estate: The Cost of Living

The overall cost of living in Louisville is less than the national average. Expect to pay significantly less in regards to housing and health care costs here. The median home value is approximately $160,000. With the median household income of $50,000, Louisville welcomes young families and retirees alike to make its range home. The one factor that may take more from the budget is transportation. With nominal public transportation options, having one's own vehicle or flexibility in travel time, in choosing to ride the local buses (TARC), are Louisville's current main options.  

Know Your Neighborhoods

There are many areas of Louisville one can call home, and feel surrounded by activity or quiet, depending on one's residential preferences. The West Main District located downtown evokes culture. One can visit the Louisville Slugger Museum & Factory, Whiskey Row, or the Muhammad Ali Center en route home along this section of town. The East Market District, NULU (New Louisville), boasts of unique and antique shops, art galleries, and fine dining. 

For those wanting a more suburban feel, neighborhoods like Cherokee Gardens and Belknap offer good public schools and a sense of community. One can sense diversity as well as commonality in the names and backgrounds throughout the city: Schnitzelburg, Shively, West Buechel, to name a few. 

Sports in Louisville

The Louisville Slugger Museum symbolizes a deep love for baseball that Louisville has demonstrated for over a century. Currently, the city is proud of its international league baseball team, Louisville Bats, as well as the University of Louisville's Cardinals. Encouraging its collegiate athletes, residents and alumni alike cheer on the Cardinals' basketball teams. Women's and Men's' soccer is another sport that draws in many local and global fans. 

It is without saying that Louisville is horse country. Churchill Downs Racetrack hosts the Kentucky Derby, Kentucky Oaks, and even the Breeders' Cup on multiple occasions.