Louisville #4 Most Affordable City to Buy a Home

The Forbes.com website confuses me. I know they’re trying to have more pages, so each page can have more ads, thus more ad revenue, but as far as navigating it, I always find it frustrating.

Photo of Home in Douglass Hills
Houses like this great ranch home in Douglass Hills are quite affordable when compared with the nation as a whole. | Photo: Tre Pryor

But what’s not frustrating is that Forbes’ analysts are high on Louisville real estate. So much so that again this year they rank our fair city quite high—4th in the country, in fact. Just last November, Francesca Levy had Louisville at #17 in her Best Bang-For-The-Buck Cities, which I posted here. So now, just over half a year later, she’s moved us up 13 spots.

  1. Pittsburgh, Pa.
  2. Indianapolis, Ind.
  3. Chattanooga, Tenn.
  4. Louisville, Ky.
  5. Oklahoma City, Okla.
  6. Syracuse, N.Y.
  7. Rochester, N.Y.
  8. Columbia, S.C.
  9. Dayton, Ohio
  10. Cincinnati, Ohio

Feel free to read the entire piece, Most Affordable Places to Buy a Home, where you’ll find this paragraph highlighting Louisville.

In the Midwest, neighboring Indiana and Kentucky both boast metros high on the list: Indianapolis, Ind., came in second place, and Louisville, Ky., placed fourth. Homeowners in both cities spend around 20% of their income on the monthly costs of ownership. That’s an added perk to the already low cost of housing–in Indianapolis, 95% of residents can afford a median-priced home, more than anywhere else in the country.