close
View Me
from $6951 to 2 Bedroom Apartments Contact Us For Availability
Woodsmill Apartments
5026 Quail Hollow RdLouisville, KY 40218
Cheap Apartments for Rent in the Fairgrounds Neighborhood of Louisville, KY from $500 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the Fairgrounds area of Louisville.
4526 S 6th St
LouisvilleKY40214
close
View Me
Rent Specials
from $725Studio to 2 Bedroom Apartments Available Now
Lofts on Ormsby
512 W Ormsby AveLouisville, KY 40203
307 Kingston Ave
LouisvilleKY40214
5024 S 3rd St
LouisvilleKY40214
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.
1516 S 2nd St
LouisvilleKY40208
1393 S 3rd St
LouisvilleKY40208
4616 Southern Pkwy
LouisvilleKY40214
5100 S 3rd St
LouisvilleKY40214
close
View Me
Rent Specials
from $8291 to 3 Bedroom Apartments Available Now
Heritage Green Apartments
5103 S 1st StLouisville, KY 40214
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.
close
View Me
from $839Studio to 2 Bedroom Apartments Available Now
Poplar Terrace
1106 Poplar Level PlzLouisville, KY 40217
close
View Me
from $8501 to 3 Bedroom Apartments Available Now
Vesta Derby Oaks (Patriot Derby)
3237 Utah AveLouisville, KY 40215
730 M St
LouisvilleKY40208
close
View Me
close
View Me
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.
close
View Me
from $8991 to 3 Bedroom Apartments Available Now
Carpenter Apartments
3524 Georgetown CirLouisville, KY 40215
4113 S 3rd St
LouisvilleKY40214
close
View Me
close
View Me
close
View Me
Louisville's Best Affordable Neighborhoods
Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer
close
View Me
close
View Me
close
View Me
Showing Results 1-23, Page 1 of 1
Fairgrounds, Louisville, KY Local Guide
How much does it cost to rent an apartment in Fairgrounds?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fairgrounds Studio Apartments | $939 | $725 | $1,399 |
| Fairgrounds 1 Bedroom Apartments | $1,066 | $695 | $1,899 |
| Fairgrounds 2 Bedroom Apartments | $1,065 | $765 | $2,599 |
| Fairgrounds 3 Bedroom Apartments | $1,290 | $675 | $2,025 |
| Fairgrounds 4 Bedroom Apartments | $1,440 | $535 | $1,975 |
Browse Apartments in this Neighborhood
There are currently 23 rentals with your search options within a 2 mile radius of the Fairgrounds Neighborhood of Louisville, KY.
See all Apartments in LouisvilleExplore Louisville
Fairgrounds, Louisville, KY Local Guide
- Nearby Louisville neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Fairgrounds Apartments for Rent
The cheapest available apartment rental in the Fairgrounds area of Louisville, KY is a 4 Beds unit found at Yugo Louisville Nine priced from $709. Lofts on Ormsby has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here are the most affordable Fairgrounds apartments for rent in Louisville, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Yugo Louisville Nine | 4 Bed, 4 Bath Classic Balcony | 4BR,4BA | $709 |
| Lofts on Ormsby | Studio | Studio,1BA | $725 |
| Bellevue Arms | 1 Bedroom | 1BR,1BA | $825 |
| Heritage Green Apartments | The Single | 1BR,1BA | $829 |
| Poplar Terrace | Studio | Studio,1BA | $839 |
Best Value Apartments for Rent in Fairgrounds, KY
As of May 15, 2025 the best value apartment in the Fairgrounds area is the $1.14 price per square foot 3 Beds, 1.5 Baths Model at 1524 S 4th St in the in the Phoenix Hill neighborhood starting from $1,250. The second greatest value Fairgrounds apartment is the 4824 S 3rd St Model at 4824 S 3rd St, Unit #2 upstairs starting at $1,150 with a $1.28 price per square foot in the Downtown Louisville neighborhood. Here is today’s list of the best values for Fairgrounds apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1524 S 4th St | 3 Beds, 1.5 Baths | 3BR,1.5BA | $1.14 |
| 4824 S 3rd St, Unit #2 upstairs | 4824 S 3rd St | 2BR,1BA | $1.28 |
| 4822 S 3rd St, Unit #1 downstairs | 4822 S 3rd St | 2BR,1BA | $1.28 |
| 1600 S 3rd St, Unit #2 | 1600 S 3rd St | 1BR,1BA | $0.97 |
| Yugo Louisville Nine | 2 Bed, 2 Bath Classic Pool View | 2BR,2BA | $1.05 |
| Derby Row | Student Housing | Belmont | 2BR,2BA | $1.22 |
| Station House Apartments | The Captain | 2BR,2BA | $1.58 |
| Imperial Arms | Imperial Arms Apartments | 1BR,1BA | $1.46 |
| Cardinal Village Apartments | 1x1 Lower Level | 1BR,1BA | $1.58 |
| Bellevue Arms | 1 Bedroom | 1BR,1BA | $1.43 |
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.
Let everyone know!
Do you know the Fairgrounds area?
If you’re an expert on all things Fairgrounds, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleFairgrounds, Louisville, KY
Ranked #119
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 in metropolitan areas across the United States including Fairgrounds, Louisville, and the greater Louisville area. 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 the best outdoor access, luxury amenities, kid and pet-friendly communities, availability of transit options, walking, and biking. These search options are in the site filters at the top of this page.
Getting Around the Fairgrounds Neighborhood in Louisville, KY
Walk Score®
37 / 100
Car-Dependent
Most errands require a car
Bike Score®
57 / 100
Bikeable
Some bike infrastructure
Transit Score®
41 / 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 Fairgrounds Apartments
What is a cheap apartment in Fairgrounds?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Fairgrounds is under $910.
What is the price of a cheap apartment in Fairgrounds?
The cheapest apartment in Fairgrounds is Bellevue Arms which is listed at $825, while the average apartment in Fairgrounds costs $1,555.
What types of apartments are the cheapest in Fairgrounds?
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 17 regular apartments in Fairgrounds 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 Fairgrounds?
Cheap apartments in Fairgrounds have an average cost of $289 which is $1,266 cheaper than the average rent for all rentals in Fairgrounds.
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.