Cheap Apartments for Rent in the East Russell Neighborhood of Louisville, KY from $500 (10 Rentals)

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Zion Manor
1 to 2 Bedroom Apartments

Zion Manor

2201 W Muhammad Ali BlvdLouisville, KY 40212
Senior Living
  • Utilities Included

Louisville's Best Affordable Neighborhoods

Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer

East Russell, Louisville, KY Local Guide

Cheapest Available East Russell Apartments for Rent

 

The cheapest available apartment rental in the East Russell area of Louisville, KY is a 2 Beds unit found at Gateway on Broadway priced from $542. Rowan Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here are the most affordable East Russell apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Gateway on BroadwayTwo Bedroom2BR,1BA$542
Rowan Place1 bedroom1BR,1BA$775
The St. Francis Apartments1BR1BA1BR,1BA$890

Best Value Apartments for Rent in East Russell, KY

As of April 08, 2025 the best value apartment in the East Russell area is the $0.95 price per square foot 3 Bedroom Townhome Model at Reveal Townhomes in the in the East Russell neighborhood starting from $1,599. The second greatest value East Russell apartment is the 3bd Model at Jefferson Properties starting at $1,307 with a $1.09 price per square foot in the Downtown Louisville neighborhood. Here is today’s list of the best values for East Russell apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Reveal Townhomes3 Bedroom Townhome3BR,2.5BA$0.95
Jefferson Properties3bd3BR,2BA$1.09
2101 Saint Xavier St, Unit 1F2101 Saint Xavier St3BR,1BA$0.81
Gateway on BroadwayOne Bedroom1BR,1BA$0.50
Whiskey Row Lofts1 Bedroom 1 Bathroom1BR,1BA$1.74
Rowan Place1 bedroom1BR,1BA$1.05
The St. Francis Apartments1BR1BA1BR,1BA$1.32
Beecher Terrace Phase II (0680)1 Bedroom1BR,1BA$1.70
Beecher Terrace Apartments1 Bedroom*1BR,1BA$1.59
Hampton PlaceOne Bedroom Apartment1BR,1BA$1.81

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Pet Friendly Lifestyle
East Russell, Louisville, KY

Ranked #151

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Getting Around the East Russell Neighborhood in Louisville, KY

Walk Score®

69 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

81 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

54 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap East Russell Apartments

What is a cheap apartment in East Russell?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in East Russell is under $1,200.

What is the price of a cheap apartment in East Russell?

The cheapest apartment in East Russell is Gateway on Broadway which is listed at $542, while the average apartment in East Russell costs $1,445.

What types of apartments are the cheapest in East Russell?

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 66 regular apartments in East Russell 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 East Russell?

Cheap apartments in East Russell have an average cost of $531 which is $914 cheaper than the average rent for all rentals in East Russell.

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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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.

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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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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.

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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.