Cheap Apartments for Rent in the Downtown Louisville Neighborhood of Louisville, KY from $400 (142 Rentals)

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Explore the Best Cheap Apartments in Downtown Louisville area of Louisville for Renters Looking for a Great Deal on Lower Cost Rent for the Area.

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3944 S 3rd St
$7501 Bedroom, 1 Bath Home for RentAvailable Now

3944 S 3rd St

Louisville, KY 40214
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636 E Breckinridge St
$9002 Bedroom, 1 Bath Home for RentAvailable Now

636 E Breckinridge St

Louisville, KY 40203
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2733 Dumesnil St
$9501 Bedroom, 1 Bath Home for RentAvailable Now

2733 Dumesnil St

Louisville, KY 40211
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Showing Results 1-50, Page 1 of 3

Downtown Louisville, Louisville, KY Local Guide

Cheapest Available Downtown Louisville Apartments for Rent

 

The cheapest available apartment rental in the Downtown Louisville area of Louisville, KY is a Studio unit found at The Puritan Senior Living - 62 & Over priced from $200. M. Fine on Spring has the second lowest priced unit, which is a 2 Beds apartment currently listed from $418. Here are the most affordable Downtown Louisville apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
The Puritan Senior Living - 62 & OverStudio, 1 bathStudio,1BA$200
M. Fine on Spring2BT52BR,1BA$418
The Prestonian1 Bed, 1 bath1BR,1BA$476
Yugo Louisville Nine4 Bed, 4 Bath Classic4BR,4BA$699
Iroquois Green1 Bedroom - Garden Level1BR,1BA$705
Lofts on OrmsbyStudioStudio,1BA$725
Rowan Place1 bedroom1BR,1BA$775

Best Value Apartments for Rent in Downtown Louisville, KY

As of January 04, 2025 the best value apartment in the Downtown Louisville area is the $1.01 price per square foot 1445 S 3rd St Model at 1445 S 3rd St, Unit 1 in the in the Phoenix Hill neighborhood starting from $4,025. The second greatest value Downtown Louisville apartment is the 4bd Model at Jefferson Properties starting at $1,161 with a $0.97 price per square foot in the Downtown Louisville neighborhood. Here is today’s list of the best values for Downtown Louisville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1445 S 3rd St, Unit 11445 S 3rd St6BR,3BA$1.01
Jefferson Properties4bd4BR,1.5BA$0.97
Bradford Pointe Apartments3BR/1.5BA3BR,1.5BA$1.00
Cavalier Apartments2 Bedroom2BR,1BA$0.95
2101 Saint Xavier St, Unit 1F2101 Saint Xavier St3BR,1BA$0.77
535 E Kentucky St, Unit 2F535 E Kentucky St2BR,1BA$0.80
By the ParkTwo bedroom2BR,1BA$1.00
1204 Benton Ave, Unit 2nd Floor1204 Benton Ave2BR,1BA$0.89
M. Fine on Spring2BT52BR,1BA$0.45
The Prestonian1 Bed, 1 bath1BR,1BA$0.53

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Best Local Schools in
Downtown Louisville, Louisville, KY

School data provided by Great Schools

Best Local Schools in
Downtown Louisville, Louisville, KY

School data provided by Great Schools

Lifestyle Ratings

Our team of engineers and researchers compiles millions of data points to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central Louisville, KY. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, pet-friendly features, places to raise kids, proximity to transit, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Downtown Louisville Apartments

What is the Cheapest Studio apartment in Downtown Louisville?

Currently the most affordable Cheap Studio Apartment in Downtown Louisville is at The Puritan Senior Living - 62 & Over listed at $200.

How much is rent for a Cheap One Bedroom Downtown Louisville Apartment?

The lowest price for a Cheap One Bedroom Downtown Louisville Apartment is $476 at The Prestonian.

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

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Louisville is starting from $418 at M. Fine on Spring.

What is the most affordable Downtown Louisville Three Bedroom Apartment?

The best deal on a cheap Downtown Louisville Three Bedroom Apartment rental is at The Prestonian and starts from $651.

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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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.

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Navigating the World of Low-Income Housing: A Comprehensive Guide

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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.

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Real Estate Term Glossary: Your Guide to The A to Zs of Renting

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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.