
Cheap Homes for Rent in Fourth Street Neighborhood of Louisville, KY from $800 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Fourth Street area of Louisville.

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.

607 St Catherine St
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.

613 E Kentucky St
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.
Fourth Street, Louisville, KY Local Guide

How much does it cost to rent a home in Fourth Street?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Fourth Street 2 Bedroom Homes for Rent | $6,878 | $1,099 | $10,000+ |
Fourth Street 3 Bedroom Homes for Rent | $1,565 | $995 | $2,300 |
Fourth Street 5 Bedroom Homes for Rent | $1,850 | $1,850 | $1,850 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 1 mile radius of the Fourth Street Neighborhood of Louisville, KY.
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Fourth Street, Louisville, KY Local Guide
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Best Value Apartments for Rent in Fourth Street, KY
As of May 15, 2025 the best value apartment in the Fourth Street area is the $0.50 price per square foot One Bedroom Model at Gateway on Broadway in the in the Phoenix Hill neighborhood starting from $542. The second greatest value Fourth Street apartment is the 1 Bedroom - 1 Bathroom Model at Glassworks Lofts starting at $1,018 with a $1.21 price per square foot in the Medical Center neighborhood. Here is today’s list of the best values for Fourth Street apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Gateway on Broadway | One Bedroom | 1BR,1BA | $0.50 |
Glassworks Lofts | 1 Bedroom - 1 Bathroom | 1BR,1BA | $1.21 |
Lofts of Broadway | Brooklyn | 1BR,1BA | $1.31 |
The Cornerstone | 1 Bedroom | 1BR,1BA | $1.14 |
Cathedral Commons | Studio | Studio ,1BA | $1.21 |
The St. Francis Apartments | 1BR1BA | 1BR,1BA | $1.32 |
Germantown Village Apartments | 1 Bedrooms | 1BR,1BA | $1.25 |
Beecher Terrace Apartments | 1 Bedroom* | 1BR,1BA | $1.59 |
Park Edge Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.56 |
800 Towers Apartments | Studio | Studio ,1BA | $1.56 |
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.
Frequently Asked Questions about Fourth Street
What type of rentals are currently available in Fourth Street?
There are currently 222 Apartments for Rent in Fourth Street, KY with pricing that ranges from $542 to $5,180. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fourth Street ranging from $850 to $28,000.
What is the current price range for Rental Homes in Fourth Street?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Fourth Street ranges from $850 to $28,000 with an average monthly rent of $2,839.
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.