Lower River Rd / Ashby Ln median real estate price is $127,159, which is more expensive than 61.8% of the neighborhoods in Kentucky and 29.2% of the neighborhoods in the U.S.
The average rental price in Lower River Rd / Ashby Ln is currently $945, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 79.5% of the neighborhoods in Kentucky.
Lower River Rd / Ashby Ln is a suburban neighborhood (based on population density) located in Louisville, Kentucky.
Lower River Rd / Ashby Ln real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Lower River Rd / Ashby Ln neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.
Vacant apartments or homes are a major fact of life in Lower River Rd / Ashby Ln. The current real estate vacancy rate here is 20.9%. This is higher than the rate of vacancies in 86.4% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.