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Sullivan Downtown Townhomes
833 E Davis StSullivan, IN 47882
Cheap Apartments for Rent in Louisville, IL from $300 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in Louisville.
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6th St Apartments
1132-1142 6th StCharleston, IL 61920
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Arthur Ave Apartments
1301-1311 Arthur AveCharleston, IL 61920
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from $6601 to 2 Bedroom Apartments Available Jun 25
Lakewood Flats
5001 Lakeside CtEvansville, IN 47712
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Flax Meadow Townhomes
216 Flax DrHighland, IL 62249
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
909 Fairland St
BentonIL62812
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728 Renshaw Ave
CarmiIL62821
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1103 Broadway St
VincennesIN47591
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.
205 North St
RaymondIL62560
2053 Davisville Rd
Du QuoinIL62832
404 N Carroll St
Norris CityIL62869
412 W Reed St
BentonIL62812
1208 W Johnson St
VandaliaIL62471
730 Renshaw Ave
CarmiIL62821
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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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Louisville, IL Local Guide
Field at dawn in Illinois by David Wilson is licensed under CC BY 2.0
How much does it cost to rent an apartment in Louisville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Louisville Studio Apartments | $1,590 | $891 | $1,750 |
| Louisville 1 Bedroom Apartments | $1,202 | $500 | $2,898 |
| Louisville 2 Bedroom Apartments | $1,092 | $630 | $2,750 |
| Louisville 3 Bedroom Apartments | $1,216 | $464 | $1,654 |
| Louisville 4 Bedroom Apartments | $1,249 | $1,249 | $1,249 |
Browse Top Apartments in Louisville
See all Apartments in LouisvilleExplore Louisville
Louisville, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Louisville Apartments for Rent and Nearby
The cheapest available apartment rental in Louisville, IL is a 1 Bed unit found at Rider Place priced from $500. Arthur Ave Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $610. Here is today’s list of the most affordable Louisville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rider Place | 1 Bedroom | 1BR,1BA | $500 |
| Arthur Ave Apartments | 1x1 | 1BR,1BA | $610 |
| Southern Meadows | 1 Bed Apt | 1BR,1BA | $695 |
| Mission Viejo Villas | B- Barcelona | 1BR,1BA | $870 |
| 1905 12th St | 2BDR | 2BR,1BA | $910 |
Best Value Apartments for Rent in Louisville, IL and Nearby
As of May 12, 2025 the best value apartment in the Louisville area is the $1.07 price per square foot Prime Living at Its Finest: Luxurious Stand-Alo... Model at Circle Point Villas in the starting from $1,650. The second greatest value Louisville apartment is the 3 Bedroom Model at The Millennium Apartments starting at $505 with a $0.41 price per square foot . Here is today’s list of the best values for Louisville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Circle Point Villas | Prime Living at Its Finest: Luxurious Stand-Alo... | 3BR,2BA | $1.07 |
| The Millennium Apartments | 3 Bedroom | 3BR,1BA | $0.41 |
| Centralia Estates | Unit 89 | 4BR,2BA | $1.03 |
| Eagle Village Student Housing | 4x2 Single Bed Unfurnished | 4BR,2BA | $0.44 |
| North Park | Berkshire | 2BR,1.5BA | $1.12 |
| Royal Heights | 3 Person Occupancy | 3BR,1.5BA | $1.11 |
| Mission Viejo Villas | B- Barcelona | 1BR,1BA | $1.07 |
| Arthur Ave Apartments | 1x1 | 1BR,1BA | $0.97 |
| Wabash Riverfront Flats | 2 bed 1 Bath | 2BR,1BA | $0.95 |
| Rider Place | 1 Bedroom | 1BR,1BA | $0.92 |
Quick Rent Budget Calculator
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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Louisville, IL Rentals by Map
See the most popular apartments and homes in Louisville, IL
Louisville, IL Apartments MapLouisville, IL Rental Homes MapGetting Around Louisville, IL
Walk Score®
21 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
34 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Louisville Apartments
What is the Cheapest Studio apartment in Louisville?
Currently the most affordable Cheap Studio Apartment in Louisville is at Retreat at Leisure Living listed at $1,750.
How much is rent for a Cheap One Bedroom Louisville Apartment?
The lowest price for a Cheap One Bedroom Louisville Apartment is $500 at Rider Place.
What is the lowest price for a Cheap Two Bedroom Louisville Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Louisville is starting from $630 at Rider Place.
What is the most affordable Louisville Three Bedroom Apartment?
The best deal on a cheap Louisville Three Bedroom Apartment rental is at Rider Place and starts from $675.
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
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.
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.