Cheap Apartments for Rent in the Cambridge Neighborhood of Louisville, KY from $700 (36 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Madrid Apartments
1 to 2 Bedroom Apartments

Madrid Apartments

3005 Mid Dale LnLouisville, KY 40220
close
View Me
El Patio Apartments
Studio to 2 Bedroom Apartments

El Patio Apartments

2606 El Patio PlLouisville, KY 40220
close
View Me
Madrid Apartments
2 Bedroom Apartments

Madrid Apartments

3005-3006 Mid Dale LnLouisville, KY 40220
close
View Me
Waterford Place
1 to 2 Bedroom Apartments

Waterford Place

4105 Waterford CirLouisville, KY 40207
close
View Me
The Rye
1 to 3 Bedroom Apartments

The Rye

9400 Hurstbourne Park BlvdLouisville, KY 40220
Showing Results 1-36, Page 1 of 1

Cambridge, Louisville, KY Local Guide

Cheapest Available Cambridge Apartments for Rent

 

The cheapest available apartment rental in the Cambridge area of Louisville, KY is a 1 Bed unit found at Highgate Springs priced from $880. Madrid Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $885. Here are the most affordable Cambridge apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Highgate SpringsOne Bedroom1BR,1BA$880
Madrid ApartmentsHUN1B/1B1BR,1BA$885
RidgewoodStudioStudio,1BA$909
Mallard Crossing at St. MatthewsStudio AStudio,1BA$924
Halsey FlatsSenecaStudio,1BA$925
East Chase ApartmentsA1 (One Bedroom One Bath)1BR,1BA$948
Park Laureate ApartmentsMagnolia1BR,1BA$1,010
The MetropolitanA11BR,1BA$1,019
Four Seasons Apartments - UNDER RENOVATION1 Bedroom 1 Bath1BR,1BA$1,040
Oxmoor Apartments1A1BR,1BA$1,126

Best Value Apartments for Rent in Cambridge, KY

As of February 10, 2025 the best value apartment in the Cambridge area is the $1.41 price per square foot Three Bedroom Apartment 2 Model at Jamestown at St. Matthews Apartments in the in the Bowman neighborhood starting from $1,688. The second greatest value Cambridge apartment is the Edinburgh Model at Hurstbourne Grand Apartments starting at $1,400 with a $1.28 price per square foot in the Hurstbourne Acres neighborhood. Here is today’s list of the best values for Cambridge apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Jamestown at St. Matthews ApartmentsThree Bedroom Apartment 23BR,2BA$1.41
Hurstbourne Grand ApartmentsEdinburgh1BR,1.5BA$1.28
The RyeRP 1.1 Premier1BR,1BA$1.32
Flats at Hurstbourne2 Bedroom 1 Bath2BR,1BA$1.44
The Harper2 Bedroom2BR,1.5BA$1.42
The Monarch2 Bedroom 8002BR,1BA$1.46
East Chase ApartmentsB1 (Two Bedroom One Bath)2BR,1BA$1.51
Four Seasons Apartments - UNDER RENOVATION1 Bedroom 1 Bath1BR,1BA$1.49
Highgate SpringsOne Bedroom1BR,1BA$1.41
Madrid ApartmentsHUN1B/1B1BR,1BA$1.48

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Cambridge, Louisville, KY

Ranked #40

Among neighborhoods in Louisville, KY for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Louisville. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, pet-friendly features, family-friendliness, proximity to transit, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Cambridge Neighborhood in Louisville, KY

Walk Score®

60 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

50 / 100

Bikeable

Some bike infrastructure

Transit Score®

33 / 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 Cambridge Apartments

What is the Cheapest Studio apartment in Cambridge?

Currently the most affordable Cheap Studio Apartment in Cambridge is at Ridgewood listed at $909.

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

The lowest price for a Cheap One Bedroom Cambridge Apartment is $880 at Highgate Springs.

What is the lowest price for a Cheap Two Bedroom Cambridge Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Cambridge is starting from $985 at Madrid Apartments.

What is the most affordable Cambridge Three Bedroom Apartment?

The best deal on a cheap Cambridge Three Bedroom Apartment rental is at Four Seasons Apartments - UNDER RENOVATION and starts from $1,475.

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 What to Know About Fees and Fines When Renting article

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.

decorative image for Navigating the World of Low-Income Housing: A Comprehensive Guide article

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.

decorative image for Signing Your Apartment Lease: The Basics article

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.

decorative image for Real Estate Term Glossary: Your Guide to The A to Zs of Renting article

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.