Cheap Homes for Rent in Fairgrounds Neighborhood of Louisville, KY from $500 (13 Rentals)

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Cheap Homes in the Fairgrounds area of Louisville.

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.

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property at 1417 S 3rd St

1417 S 3rd St

LouisvilleKY40208

Louisville's Best Affordable Neighborhoods

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

property at 4922 S 2nd St

4922 S 2nd St

LouisvilleKY40214

Fairgrounds, Louisville, KY Local Guide

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 $775. Here are the most affordable Fairgrounds apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Yugo Louisville Nine4 Bed, 4 Bath Classic Balcony4BR,4BA$709
Lofts on OrmsbyStudioStudio,1BA$775
Heritage Green ApartmentsThe Single1BR,1BA$829
Poplar TerraceStudioStudio,1BA$839
Vesta Derby Oaks (Patriot Derby)B1 UPG2BR,1BA$850

Best Value Apartments for Rent in Fairgrounds, KY

As of May 09, 2025 the best value apartment in the Fairgrounds area is the $1.28 price per square foot 4824 S 3rd St Model at 4824 S 3rd St, Unit #2 upstairs in the in the Downtown Louisville neighborhood starting from $1,150. The second greatest value Fairgrounds apartment is the 4822 S 3rd St Model at 4822 S 3rd St, Unit #1 downstairs 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 ListingModel NameBed/BathPrice Per Sq.Ft.
4824 S 3rd St, Unit #2 upstairs4824 S 3rd St2BR,1BA$1.28
4822 S 3rd St, Unit #1 downstairs4822 S 3rd St2BR,1BA$1.28
1600 S 3rd St, Unit #21600 S 3rd St1BR,1BA$0.97
Yugo Louisville Nine2 Bed, 2 Bath Classic Pool View2BR,2BA$1.05
Derby Row | Student HousingBelmont2BR,2BA$1.22
Station House ApartmentsThe Captain2BR,2BA$1.58
Imperial ArmsImperial Arms Apartments1BR,1BA$1.58
Cardinal Village Apartments1x1 Lower Level1BR,1BA$1.58
Bellevue Arms1 Bedroom1BR,1BA$1.65
Vesta Derby Oaks (Patriot Derby)A1 UPG1BR,1BA$1.63

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Frequently Asked Questions about Fairgrounds

What type of rentals are currently available in Fairgrounds?

There are currently 307 Apartments for Rent in Fairgrounds, KY with pricing that ranges from $535 to $2,599. There are also 60 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fairgrounds ranging from $525 to $3,900.

What is the current price range for Rental Homes in Fairgrounds?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Fairgrounds ranges from $525 to $3,900 with an average monthly rent of $1,970.

How much are larger Three and Four Bedroom Rentals in Fairgrounds?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Fairgrounds range from $675 to $2,025, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,250 and Four Bedroom Apartments start at $535.

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.

decorative image for The 10 Best Affordable Neighborhoods for Renting in Louisville, KY article

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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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.

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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.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

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