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Cheap Apartments for Rent in the Downtown Louisville Neighborhood of Louisville, KY from $400 (143 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Louisville area of Louisville.
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The Prestonian
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1349 Olive St
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The Chalet Village Apartment Community
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3149 Vermont Ave, Unit 3
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4526 S 6th St
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Iroquois Green
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Wilart Arms Apartments
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Painters Row
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Lofts on Ormsby
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1429 Nightingale Rd
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1507 W Jefferson St
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307 Kingston Ave
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414 M St
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535 E Kentucky St, Unit 2F
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5100 S 3rd St
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5024 S 3rd St
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2416 St Xavier St
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Vue at 3rd Street
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2801 Preston Hwy, Unit 4
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Madison Apartments
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800 Towers Apartments
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947 S Brook St
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Germantown Village Apartments
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Heritage Green Apartments
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Waterside at River Park Apartments
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Poplar Terrace
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York Towers Apartments
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J.O. Blanton House - Senior Living
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The St. Francis Apartments
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Vesta Derby Oaks (Patriot Derby)
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2101 Saint Xavier St, Unit 1F
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1501 E Breckinridge St
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1707 Liberty Bell Way
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949 S Shelby St
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952 S Floyd St
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The Cornerstone
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730 M St
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636 E Breckinridge St
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1902 W Jefferson St
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2415 W Chestnut St
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Jefferson Properties
Downtown Louisville, Louisville, KY Local Guide
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How much does it cost to rent an apartment in Downtown Louisville?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Louisville Studio Apartments | $1,159 | $200 | $3,526 |
Downtown Louisville 1 Bedroom Apartments | $1,343 | $200 | $3,654 |
Downtown Louisville 2 Bedroom Apartments | $1,598 | $570 | $4,661 |
Downtown Louisville 3 Bedroom Apartments | $1,429 | $599 | $6,880 |
Downtown Louisville 4 Bedroom Apartments | $1,971 | $535 | $2,930 |
Browse Apartments in this Neighborhood
There are currently 143 rentals with your search options within a 2 mile radius of the Downtown Louisville Neighborhood of Louisville, KY.
See all Apartments in LouisvilleExplore Louisville
Downtown Louisville, Louisville, KY Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Puritan Senior Living - 62 & Over | Studio, 1 bath | Studio,1BA | $200 |
M. Fine on Spring | 2BT5 | 2BR,1BA | $418 |
The Prestonian | 1 Bed, 1 bath | 1BR,1BA | $476 |
Yugo Louisville Nine | 4 Bed, 4 Bath Classic Balcony | 4BR,4BA | $709 |
Lofts on Ormsby | Studio | Studio,1BA | $725 |
Rowan Place | 1 bedroom | 1BR,1BA | $775 |
The Quad | Studio – 1 Bathroom | Studio,1BA | $795 |
Best Value Apartments for Rent in Downtown Louisville, KY
As of February 27, 2025 the best value apartment in the Downtown Louisville area is the $1.00 price per square foot 1418 S Floyd St Model at 1418 S Floyd St, Unit 3 in the in the Phoenix Hill neighborhood starting from $1,200. The second greatest value Downtown Louisville apartment is the 2101 Saint Xavier St Model at 2101 Saint Xavier St, Unit 1F starting at $895 with a $0.81 price per square foot in the Portland neighborhood. Here is today’s list of the best values for Downtown Louisville apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1418 S Floyd St, Unit 3 | 1418 S Floyd St | 2BR,1BA | $1.00 |
2101 Saint Xavier St, Unit 1F | 2101 Saint Xavier St | 3BR,1BA | $0.81 |
Big 4 Station Residence | 2 bedroom | 2BR,1BA | $1.05 |
By the Park | Two bedroom | 2BR,1BA | $1.00 |
535 E Kentucky St, Unit 2F | 535 E Kentucky St | 2BR,1BA | $0.80 |
4703 S 1st St, Unit 2 | 4703 S 1st St | 2BR,1BA | $1.00 |
Bradford Pointe Apartments | 2BR/1.0BA | 2BR,1BA | $0.87 |
M. Fine on Spring | 2BT5 | 2BR,1BA | $0.45 |
The Prestonian | 1 Bed, 1 bath | 1BR,1BA | $0.53 |
Madison Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.02 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleDowntown Louisville, Louisville, KY
Ranked #9
Among neighborhoods in Louisville, KY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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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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.
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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.
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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.
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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.