Louisville, KY Houses for rent under $500

Thinking of moving to Louisville? Here's what you need to know.

Genteel scenes of ladies in floppy hats and vistas of rolling green horse pastures are Louisville's calling cards, but these are far from the only reasons to call the city home. The revitalized downtown has seen $2 billion in private and public investments in recent years, and it shows in the entertainment district and Riverfront Park. The city also boasts affordable housing options, short commutes and plenty of green spaces that showcase the area's natural beauty.

Who's There?

There are more than 260,000 residents in the city, with five jobs per 1,000 residents created by startups, according to the National League of Cities. The high percentage is a testament to the entrepreneurial spirit that has taken root, thanks in large part to city initiatives like the Digital Economic Corridors, which helps small businesses develop online presences. Several Fortune 500 companies have headquarters in Louisville, including Kindred Healthcare, Humana Inc. and Hillerich & Bradsby, makers of the "Louisville Slugger" baseball bat. Five universities also call Louisville home, and have a major impact on business development. The University of Louisville was ranked 22nd by Princeton Review for its entrepreneurial graduate programs.

What's Around?

Located on the south bank of the Ohio River, the city is divided into two sections by Beargrass Creek. The eastern portion is hilly, while the western section lies flat in the river's flood plain. The walkable Downtown district lies along the river. Museum Row and Whiskey Row are within a few blocks of each other, and the Eastern Market District is known for its art galleries, antique stores and specialty shops. The airport is about six miles outside of downtown along I-65. In-between lies Old Louisville, the third largest National Preservation District in the country with the largest Victorian district in the U.S.

What Do You Do?

Churchill Downs, home of the Kentucky Derby, is an institution in the region, but there are dozens of other must-see sites and entertainment options. The Parklands of Floyds Fork is a world-class asset of the city's parks system that includes four parks linked by a scenic drive and urban trail system. The food and beverage scene is full of local gems. The Urban Bourbon Trail is a highlight, and a perfect way to learn about the city's history and enjoy its staple beverage. The arts scene has also enjoyed a prosperous era, centered by the renowned Kentucky Center for the Performing Arts, which houses the city's orchestra, opera, ballet and Stage One Family Theater.