
Cheap Apartments for Rent in the Cambridge Neighborhood of Louisville, KY from $700 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in the Cambridge area of Louisville.


210 Breckenridge Ln

2918 Brinkey Way

Highgate Springs Apartments

Villages of Hikes Point

Jamestown at St. Matthews Apartments

4401 Landside Dr
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.

Four Seasons Apartments - UNDER RENOVATION

Springs At Hurstbourne

3821 Nanz Ave, Unit #4

East Chase Apartments

The Monarch

Breckinridge Apartments

The Harper
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.

Mallard Crossing at St. Matthews

The Taylor at 502

Oxmoor Apartments

Park Laureate Apartment Homes

Enclave at Breckenridge

Halsey Flats

Heatherstone

Flats at Hurstbourne
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.

The Belltower

The Cherry Springs Apartment Community
Louisville's Best Affordable Neighborhoods
Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer

9400 Hurstbourne Park Blvd Louisville, KY

3802 Nanz Ave
Cambridge, Louisville, KY Local Guide

How much does it cost to rent an apartment in Cambridge?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cambridge Studio Apartments | $1,259 | $950 | $2,523 |
Cambridge 1 Bedroom Apartments | $1,383 | $750 | $3,007 |
Cambridge 2 Bedroom Apartments | $1,620 | $899 | $3,185 |
Cambridge 3 Bedroom Apartments | $1,986 | $1,210 | $3,709 |
Cambridge 4 Bedroom Apartments | $2,043 | $1,725 | $2,605 |
Browse Apartments in this Neighborhood
There are currently 35 rentals with your search options within a 2 mile radius of the Cambridge Neighborhood of Louisville, KY.
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Cambridge, Louisville, KY Local Guide
- Nearby Louisville neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Madrid Apartments priced from $885. Villages of Hikes Point has the second lowest priced unit, which is a 2 Beds apartment currently listed from $925. Here are the most affordable Cambridge apartments for rent in Louisville, KY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Madrid Apartments | HUN1B/1B | 1BR,1BA | $885 |
Villages of Hikes Point | Villages of Hikes Pointe | 2B/1BA | 2BR,1BA | $925 |
Jamestown at St. Matthews Apartments | One Bedroom Apartment | 1BR,1BA | $929 |
Ridgewood | One Bedroom One Bath | 1BR,1BA | $949 |
Halsey Flats | Seneca | Studio,1BA | $950 |
Four Seasons Apartments - UNDER RENOVATION | 1 Bedroom 1 Bath | 1BR,1BA | $965 |
East Chase Apartments | A1 (One Bedroom One Bath) | 1BR,1BA | $1,024 |
The Monarch | 2 Bedroom 850 | 2BR,1BA | $1,049 |
Breckinridge Apartments | 1x1 | 1BR,1BA | $1,066 |
The Harper | 1 Bedroom | 1BR,1BA | $1,079 |
Best Value Apartments for Rent in Cambridge, KY
As of May 13, 2025 the best value apartment in the Cambridge area is the $1.39 price per square foot Three Bedroom Apartment 2 Model at Jamestown at St. Matthews Apartments in the in the Bowman neighborhood starting from $1,664. The second greatest value Cambridge apartment is the Camberly Model at Hurstbourne Grand Apartments starting at $1,320 with a $1.23 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Jamestown at St. Matthews Apartments | Three Bedroom Apartment 2 | 3BR,2BA | $1.39 |
Hurstbourne Grand Apartments | Camberly | 1BR,1BA | $1.23 |
Flats at Hurstbourne | 2 Bedroom 1 Bath | 2BR,1BA | $1.42 |
Villages of Hikes Point | Villages of Hikes Pointe | 2B/1BA | 2BR,1BA | $1.06 |
The Monarch | 2 Bedroom 850 | 2BR,1BA | $1.23 |
Breckinridge Apartments | 1x1 | 1BR,1BA | $1.33 |
Four Seasons Apartments - UNDER RENOVATION | 1 Bedroom 1 Bath | 1BR,1BA | $1.38 |
East Chase Apartments | A1 (One Bedroom One Bath) | 1BR,1BA | $1.46 |
The Harper | 1 Bedroom | 1BR,1BA | $1.54 |
Madrid Apartments | HUN1B/1B | 1BR,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.
Pet Friendly LifestyleCambridge, Louisville, KY
Ranked #51
Among neighborhoods in Louisville, KY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 Halsey Flats listed at $950.
How much is rent for a Cheap One Bedroom Cambridge Apartment?
The lowest price for a Cheap One Bedroom Cambridge Apartment is $885 at Madrid Apartments.
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 $925 at Villages of Hikes Point.
What is the most affordable Cambridge Three Bedroom Apartment?
The best deal on a cheap Cambridge Three Bedroom Apartment rental is at Breckinridge Apartments and starts from $1,259.
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.

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.