Cheap Apartments for Rent in the Fourth Street Neighborhood of Louisville, KY from $500 (41 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Fourth Street area of Louisville.

property at 1013 St Paul Ct

1013 St Paul Ct

LouisvilleKY40203
property at 947 S Brook St

947 S Brook St

LouisvilleKY40203

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.

Read Article
property at 952 S Floyd St

952 S Floyd St

LouisvilleKY40203

Louisville's Best Affordable Neighborhoods

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

Read Article
close
View Me
The Friary
Studio to 1 Bedroom Apartments

The Friary

501 E Liberty StLouisville, KY 40202
  • Utilities Included
close
View Me
1026 S 4th St
Studio to 2 Bedroom Apartments

1026 S 4th St

1026 S 4th StLouisville, KY 40203
  • Utilities Included
close
View Me
Urban Flats
1 to 2 Bedroom Apartments

Urban Flats

735 S 2nd StLouisville, KY 40202
  • Utilities Included
close
View Me
Friendship House - Age 62+
Studio to 1 Bedroom Apartments

Friendship House - Age 62+

960 S 4th StLouisville, KY 40203
Senior Living
  • Utilities Included
close
View Me
Park Edge Apartments
1 Bedroom Apartments

Park Edge Apartments

410 S Hancock StLouisville, KY 40202
  • Utilities Included
close
View Me
747 S 5th St
2 Bedroom Apartments

747 S 5th St

747 S 5th StLouisville, KY 40203
  • Utilities Included
close
View Me
Glassworks Lofts
1 Bedroom Apartments

Glassworks Lofts

815 W Market StLouisville, KY 40202
  • Utilities Included
close
View Me
Guthrie-Coke Lofts
1 to 2 Bedroom Apartments

Guthrie-Coke Lofts

566 S 4th StLouisville, KY 40202
  • Utilities Included
Showing Results 1-41, Page 1 of 1

Fourth Street, Louisville, KY Local Guide

Cheapest Available Fourth Street Apartments for Rent

 

The cheapest available apartment rental in the Fourth Street area of Louisville, KY is a 2 Beds unit found at Gateway on Broadway priced from $542. The Quad has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here are the most affordable Fourth Street apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Gateway on BroadwayTwo Bedroom2BR,1BA$542
The QuadStudio – 1 BathroomStudio,1BA$795
Vue at 3rd StreetStudioStudio,1BA$799
Urban FlatsA Layout1BR,1BA$815
Germantown Village Apartments1 Bedrooms1BR,1BA$819
Cathedral CommonsStudioStudio,1BA$850
800 Towers ApartmentsStudioStudio,1BA$864
York Towers ApartmentsStudioStudio,1BA$874
The St. Francis Apartments1BR1BA1BR,1BA$890
The Cornerstone1 Bedroom1BR,1BA$900

Best Value Apartments for Rent in Fourth Street, KY

As of April 17, 2025 the best value apartment in the Fourth Street area is the $1.53 price per square foot Holmes Model at 310 at Nulu Apartments in the in the Medical Center neighborhood starting from $1,683. The second greatest value Fourth Street apartment is the One Bedroom Model at Gateway on Broadway starting at $542 with a $0.50 price per square foot in the Portland neighborhood. Here is today’s list of the best values for Fourth Street apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
310 at Nulu ApartmentsHolmes2BR,2BA$1.53
Gateway on BroadwayOne Bedroom1BR,1BA$0.50
Glassworks Lofts1 Bedroom - 1 Bathroom1BR,1BA$1.21
Lofts of BroadwayAddison1BR,1BA$1.32
The Cornerstone1 Bedroom1BR,1BA$1.29
Cathedral CommonsStudioStudio ,1BA$1.21
Crescent Centre Apartments & TownhomesOne Bedroom-699 sqft1BR,1BA$1.44
The St. Francis Apartments1BR1BA1BR,1BA$1.32
Germantown Village Apartments1 Bedrooms1BR,1BA$1.23
800 Towers ApartmentsStudioStudio ,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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Fourth Street, Louisville, KY

Ranked #17

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Fourth Street, Louisville, KY

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in metropolitan areas across the United States, including Louisville. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, places to raise kids, raising pets, transit options, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

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

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 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 $900.

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 $1,650.

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 79 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 $305 which is $1,345 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.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.