
Top Rated Cheap Apartments for Rent in Louisville, KY from $300 (165 Rentals)
Apartments in Louisville with the best features, newest construction, and richest amenities.
Search the lowest-cost Apartments available for rent right now in Louisville.


Bayshore Townhomes

Whispering Hills Apartments Southeast

Lofts on Ormsby

Vue at 3rd Street

Eleven Oaks Apartments

Waterside at River Park Apartments

Walnut Grove
Louisville's Best Affordable Neighborhoods
Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer

Cathedral Commons

Village Park Apartments

Heather House

Lone Oak Meadows

800 Towers Apartments

Applegate Farm Apartments

Vesta Derby Oaks (Patriot Derby)

Breckinridge Park Apartments

Highgate Springs

Hunters Run

Brookside Apartments

Roanoke

Crescent Centre

Preston Gardens

The Grove at Lyndon

Lofts of Broadway

Renaissance St. Andrews

East Chase Apartments

Plainview Apartments

Countrybrook Apartments

Jefferson Green

Hurstbourne Heights

Overbrook Apartments

Westport Woods

The Eclipse in Russell Preleasing Now!!

River Pointe Apartments

Mallard Crossing at St. Matthews

Maple Brook Apartments

Jefferson Landing

Grocers Ice Lofts

The Foundry

Clearwater Farm

Grinstead

310 at Nulu Apartments

Creekside Crossing Apartments

The Harper

River Oak Apartments

Champion Farms Apartments

Willow Oaks Apartments
Louisville, KY Local Guide

How much does it cost to rent an apartment in Louisville?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Louisville Studio Apartments | $1,159 | $200 | $4,184 |
Louisville 1 Bedroom Apartments | $1,283 | $200 | $4,254 |
Louisville 2 Bedroom Apartments | $1,502 | $542 | $4,490 |
Louisville 3 Bedroom Apartments | $1,930 | $599 | $6,880 |
Louisville 4 Bedroom Apartments | $1,942 | $535 | $2,930 |
Explore Louisville
Louisville, KY Local Guide
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Quick Rent Budget Calculator
How much rent can you afford?
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.
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 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 $709.
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 $1,831.
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 41,648 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 $381 which is $1,450 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.

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.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.