Cheap 2 Bedroom Apartments for Rent in the Downtown Louisville Neighborhood of Louisville, KY from $542 (75 Rentals)

1429 Nightingale Rd

535 E Kentucky St, Unit 2F

901 S 32nd St

Madison Apartments

The Chalet Village Apartment Community

3109 W Muhammad Ali Blvd, Unit 4

2614 W Jefferson St, Unit 4

3016 Montana Ave

3205 Utah Ave

730 M St

Heritage Green Apartments

Jefferson Properties

Vesta Derby Oaks (Patriot Derby)

By the Park

Wilart Arms Apartments

Elevate at NULU Apartment Homes

Beechmont Townhomes

Crescent Centre

The Edwin

1426 S 1st St

636 E Breckinridge St

The St. Francis Apartments

Nichols Meadows

Poplar Terrace

4002 Southern Pky, Unit 2

1321 Rufer Ave

The Eclipse in Russell Preleasing Now!!

Beecher Terrace Apartments

800 Towers Apartments

1000 S 28th St

1418 S Floyd St, Unit 3

1167 Castlevale Dr
Downtown Louisville, Louisville, KY Local Guide

How much does it cost to rent an apartment in Downtown Louisville?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Louisville Studio Apartments | $1,163 | $200 | $3,899 |
Downtown Louisville 1 Bedroom Apartments | $1,327 | $200 | $3,101 |
Downtown Louisville 2 Bedroom Apartments | $1,598 | $542 | $4,490 |
Downtown Louisville 3 Bedroom Apartments | $1,468 | $599 | $6,880 |
Downtown Louisville 4 Bedroom Apartments | $2,075 | $535 | $2,930 |
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Downtown 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.
Frequently Asked Questions about Cheap Downtown Louisville Apartments
What is a cheap apartment in Downtown Louisville?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Louisville is under $780.
What is the price of a cheap apartment in Downtown Louisville?
The cheapest apartment in Downtown Louisville is M. Fine on Spring which is listed at $418, while the average apartment in Downtown Louisville costs $4,900.
What types of apartments are the cheapest in Downtown 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 97 regular apartments in Downtown 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 Downtown Louisville?
Cheap apartments in Downtown Louisville have an average cost of $257 which is $4,643 cheaper than the average rent for all rentals in Downtown 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.

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.

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.