Cheap Homes for Rent in Jefferson County, KY from $500 (197 Rentals)

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Cheap Homes in Jefferson County.

property at 5312 Milner Rd

5312 Milner Rd

LouisvilleKY40216
property at 1048 S 36th St

1048 S 36th St

LouisvilleKY40211

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Cheapest Available Jefferson County Apartments for Rent

 

The cheapest available apartment rental in Jefferson County, KY is a Studio unit found at The Puritan Senior Living - 62 & Over in the Phoenix Hill neighborhood priced from $200. Terraces at Forest Springs in the Outer East End neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $504. Here is today’s list of the most affordable Jefferson County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Puritan Senior Living - 62 & OverStudioStudio,1BA$200
Terraces at Forest SpringsJasmine2BR,2BA$504
Gateway on BroadwayTwo Bedroom2BR,1BA$542
Louisville 532 bedroom, 1 bath2BR,1BA$650
Yugo Louisville Nine4 Bed, 4 Bath Classic Balcony4BR,4BA$709
Iroquois Green1 Bedroom - With Balcony1BR,1BA$735
Serenity Court ApartmentsEfficiencyStudio,1BA$744
Madison Apartments2 Bedroom2BR,1BA$745
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$759

Best Value Apartments for Rent in Jefferson County, KY

As of May 03, 2025 the best value apartment in the Jefferson County area is the $1.02 price per square foot The 3x3 Model at Eagles Eyrie in the in the Belknap neighborhood starting from $1,625. The second greatest value Jefferson County apartment is the B2 Model at Avalon Springs starting at $1,339 with a $1.03 price per square foot in the Fern Creek neighborhood. Here is today’s list of the best values for Jefferson County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Eagles EyrieThe 3x33BR,3BA$1.02
Avalon SpringsB22BR,2.5BA$1.03
1646 Lucia Ave, Unit 31646 Lucia Ave2BR,1BA$0.92
2101 Saint Xavier St, Unit 1F2101 Saint Xavier St3BR,1BA$0.81
Gateway on BroadwayOne Bedroom1BR,1BA$0.50
Bayshore TownhomesFirefly2BR,1.5BA$0.94
By the ParkTwo bedroom2BR,1BA$0.93
1600 S 3rd St, Unit #21600 S 3rd St1BR,1BA$0.97
Madison Apartments2 Bedroom2BR,1BA$0.93
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$0.95

Frequently Asked Questions about Jefferson County

What type of rentals are currently available in Jefferson County?

There are currently 2507 Apartments for Rent in Jefferson County, KY with pricing that ranges from $200 to $10,130. There are also 606 Single Family Homes for rent, Condos, and Townhome rentals currently available in Jefferson County ranging from $525 to $8,500.

What is the current price range for Rental Homes in Jefferson County?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Jefferson County ranges from $525 to $8,500 with an average monthly rent of $2,196.

How much are larger Three and Four Bedroom Rentals in Jefferson County?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Jefferson County range from $675 to $6,370, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $8,500. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $535.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.