Cheap 1 Bedroom Apartments for Rent in the Fourth Street Neighborhood of Louisville, KY from $542 (31 Rentals)

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property at 947 S Brook St

947 S Brook St

LouisvilleKY40203
property at 952 S Floyd St

952 S Floyd St

LouisvilleKY40203

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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1026 S 4th St
1 Bedroom Apartments

1026 S 4th St

1026 S 4th StLouisville, KY 40203
  • Utilities Included

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.

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The Friary
1 Bedroom Apartments

The Friary

501 E Liberty StLouisville, KY 40202
  • Utilities Included
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Urban Flats
1 Bedroom Apartments

Urban Flats

735 S 2nd StLouisville, KY 40202
  • Utilities Included
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Park Edge Apartments
1 Bedroom Apartments

Park Edge Apartments

410 S Hancock StLouisville, KY 40202
  • Utilities Included
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Glassworks Lofts
1 Bedroom Apartments

Glassworks Lofts

815 W Market StLouisville, KY 40202
  • Utilities Included

Louisville's Best Affordable Neighborhoods

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

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Guthrie-Coke Lofts
1 Bedroom Apartments

Guthrie-Coke Lofts

566 S 4th StLouisville, KY 40202
  • Utilities Included

Fourth Street, Louisville, KY Local Guide

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.

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Getting Around the Fourth Street Neighborhood in Louisville, KY

Walk Score®

93 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

80 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

63 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Fourth Street Apartments

What is a cheap apartment in Fourth Street?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Fourth Street is under $930.

What is the price of a cheap apartment in Fourth Street?

The cheapest apartment in Fourth Street is Gateway on Broadway which is listed at $542, while the average apartment in Fourth Street costs $1,525.

What types of apartments are the cheapest in Fourth Street?

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 83 regular apartments in Fourth Street 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 Fourth Street?

Cheap apartments in Fourth Street have an average cost of $418 which is $1,107 cheaper than the average rent for all rentals in Fourth Street.

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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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

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.