Cheap New Apartments for Rent in Louisville, KY from $300 (100 Rentals)

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Search the lowest-cost Apartments available for rent right now in Louisville.

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's Best Affordable Neighborhoods

Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer

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Lower Hunters Trace
Built in 20241 to 3 Bedroom Apartments

Lower Hunters Trace

4610-4614 Kerrick lnLouisville, KY 40258
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Jefferson Post Apartments
Built in 20161 to 2 Bedroom Apartments

Jefferson Post Apartments

7111 Jefferson Run RdLouisville, KY 40219
  • Utilities Included
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Medallion Court
Built in 20212 Bedroom Apartments

Medallion Court

4200 Medallion CtLouisville, KY 40219
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The Montair
Built in 20201 to 2 Bedroom Apartments

The Montair

7739 Brookview DrLouisville, KY 40214
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Hurstbourne Senior Apartments
Built in 20241 to 2 Bedroom Apartments

Hurstbourne Senior Apartments

4901 S Hurstbourne PkyLouisville, KY 40291
Senior Living
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Montgomery Apartments
Built in 20202 to 3 Bedroom Apartments

Montgomery Apartments

2506 Montgomery StLouisville, KY 40212
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Willow Green
Built in 20181 to 3 Bedroom Apartments

Willow Green

7121 Fern Ridge RdLouisville, KY 40228
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Zion Manor 2
Built in 20231 Bedroom Apartments

Zion Manor 2

2237 W Muhammad Ali BlvdLouisville, KY 40212
Senior Living
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River Pointe Apartments
Built in 20211 to 2 Bedroom Apartments

River Pointe Apartments

12505 Orell Crossing CirLouisville, KY 40272
Showing Results 1-50, Page 1 of 2

Louisville, KY Local Guide

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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.

Louisville, KY Area Reviews

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Frequently Asked Questions about Cheap Louisville Apartments

What is a cheap apartment in Louisville?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Louisville is under $735.

What is the price of a cheap apartment in Louisville?

The cheapest apartment in Louisville is Yellowwood Terrace Affordable Senior Housing which is listed at $200, while the average apartment in Louisville costs $2,064.

What types of apartments are the cheapest in Louisville?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2,359 regular apartments in Louisville that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Louisville?

Cheap apartments in Louisville have an average cost of $340 which is $1,724 cheaper than the average rent for all rentals in Louisville.

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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The 10 Best Affordable Neighborhoods for Renting in Louisville, KY

Written by: Mike Heuer

Louisville, Kentucky, founded in 1778, has grown to be the largest city in Kentucky and is a terrific city situated right along the south bank of the Ohio River.

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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.

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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.

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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.