Cheap Apartments for Rent in Louisville, KY from $300(600 Rentals)

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4501 S 6th St
$8001 Bedroom, 1 Bath Home for RentAvailable Now

4501 S 6th St

Louisville, KY 40214
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Louisville, KY Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Louisville, KY

Pricing Updated: 12/26/2024

Current apartment rentals in the Louisville, KY area range in price from $200 to $7,392 with an overall median price of $1,832. The three Louisville neighborhoods with the lowest median rent pricing are Portland at $378, Shawnee at $378, and Crystal Springs at $1,100. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Louisville Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Portland$946$37821
Shawnee$1,077$37814
Crystal Springs$1,100$1,1002
Park Duvalle$1,154$35542
Cloverleaf$1,190$535116
Hallmark$1,190$355135
Hazelwood$1,190$53595
Highland Park$1,190$40073
Jacobs$1,190$40056
Shively$1,190$540131

Cheapest Available Louisville Apartments for Rent

 

The cheapest available apartment rental in Louisville, KY is a Studio unit found at The Puritan Senior Living - 62 & Over in the Phoenix Hill neighborhood priced from $200. Yellowwood Terrace Affordable Senior Housing in the Southern Indiana neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $200. Here is today’s list of the most affordable Louisville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Puritan Senior Living - 62 & OverStudio, 1 bathStudio,1BA$200
Yellowwood Terrace Affordable Senior HousingStandard1BR,1BA$200
Brookview GlenStudioStudio,1BA$378
The Crossings at South Park1x11BR,1BA$468
Louisville 532 bedroom, 1 bath2BR,1BA$650
Courtyard Apartments1.1B1BR,1BA$650
Huntley Ridge ClarksvilleClassic 1 Bedroom 1 Bathroom1BR,1BA$699
Yugo Louisville Nine4 Bed, 4 Bath Classic4BR,4BA$699
Iroquois Green1 Bedroom - Garden Level1BR,1BA$705
Maplewood1x11BR,1BA$715

Best Value Apartments for Rent in Louisville, KY

As of December 26, 2024 the best value apartment in the Louisville area is the $0.83 price per square foot 4200 Sanctuary Bluff Ln Model at 4200 Sanctuary Bluff Ln, Unit 4200 Sanctioned Bluff Ln in the in the Harrods Creek neighborhood starting from $1,500. The second greatest value Louisville apartment is the 3 Townhouse Model at Mayfair Apartment Homes starting at $1,359 with a $0.85 price per square foot in the Mockingbird Valley neighborhood. Here is today’s list of the best values for Louisville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
4200 Sanctuary Bluff Ln, Unit 4200 Sanctioned Bluff Ln4200 Sanctuary Bluff Ln2BR,1BA$0.83
Mayfair Apartment Homes3 Townhouse3BR,1.5BA$0.85
Aberdeen Woods Phase 1-73 Bedroom + 2 Bath3BR,2BA$0.83
Eagles Eyrie2 BED / 2 BATH Townhouse2BR,2BA$0.95
Cavalier Apartments2 Bedroom2BR,1BA$0.95
2101 Saint Xavier St, Unit 1F2101 Saint Xavier St3BR,1BA$0.77
535 E Kentucky St, Unit 2F535 E Kentucky St2BR,1BA$0.80
2739 Edgewood Ln, Unit 6-382739 Edgewood Ln2BR,1BA$0.96
Yellowwood Terrace Affordable Senior HousingStandard1BR,1BA$0.34
Brookview GlenStudioStudio ,1BA$0.95

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Louisville Overview

Steeped in tradition and bubbling over with an exuberant celebration of everything from bourbon to Beatles, every day feels like “Derby Day” in Louisville. Louisville's contradictions are what makes it special. While the Kentucky city boasts the historic Churchill Downs racetrack and the largest Victorian district in the nation, Louisville is also home to Fortune 500 companies -- and a quirky “indie” section that rivals even Portland’s famous alternative scene.

Why live in Louisville, KY?

Truly a wonderful place to be, life in apartments in Louisville can't be beat. There is never a shortage of excitement to get out and enjoy either. From nightlife to historic landmarks to the Kentucky Derby it's hard to ever be bored here!

Louisville, KY
Population: 620,118

Ranked #29

in US Census Population by City

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Pet Friendly Lifestyle
Louisville, KY

Ranked #1

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Louisville, KY Rentals by Map

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See the most popular apartments and homes in Louisville, KY

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Getting Around Louisville, KY

Walk Score®

52 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

51 / 100

Bikeable

Some bike infrastructure

Transit Score®

30 / 100

Some Transit

A few nearby public transportation options

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 The Puritan Senior Living - 62 & Over listed at $200.

How much is rent for a Cheap One Bedroom Louisville Apartment?

The lowest price for a Cheap One Bedroom Louisville Apartment is $200 at Yellowwood Terrace Affordable Senior Housing.

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 $650 at Louisville 53.

What is the most affordable Louisville Three Bedroom Apartment?

The best deal on a cheap Louisville Three Bedroom Apartment rental is at Station JTown and starts from $1,015.

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.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Navigating the World of Low-Income Housing: A Comprehensive Guide

Written by: Kevin Ready

Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.

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Real Estate Term Glossary: Your Guide to The A to Zs of Renting

Written by: Kevin Ready

Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.