Cheap Apartments for Rent in the Germantown Neighborhood of Louisville, KY from $700 (11 Rentals)

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

Louisville's Best Affordable Neighborhoods

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

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Schiller Terrace
1 to 2 Bedroom Apartments

Schiller Terrace

1137 Schiller AveLouisville, KY 40204
  • Utilities Included
Showing Results 1-11, Page 1 of 1

Germantown, Louisville, KY Local Guide

Cheapest Available Germantown Apartments for Rent

 

The cheapest available apartment rental in the Germantown area of Louisville, KY is a Studio unit found at The Puritan Senior Living - 62 & Over priced from $200. The Quad has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here are the most affordable Germantown apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
The Puritan Senior Living - 62 & OverStudio, 1 bathStudio,1BA$200
The QuadStudio – 1 BathroomStudio,1BA$795
Germantown Village Apartments1 Bedrooms1BR,1BA$819
Lofts of BroadwayBrooklyn1BR,1BA$980
Elevate at NULU Apartment HomesLimitless2BR,1BA$1,108

Best Value Apartments for Rent in Germantown, KY

As of April 14, 2025 the best value apartment in the Germantown area is the $1.32 price per square foot Addison Model at Lofts of Broadway in the in the Medical Center neighborhood starting from $1,021. The second greatest value Germantown apartment is the A3 Model at Bradford Mills Lofts starting at $1,459 with a $2.01 price per square foot in the Phoenix Hill neighborhood. Here is today’s list of the best values for Germantown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lofts of BroadwayAddison1BR,1BA$1.32
Bradford Mills LoftsA31BR,1BA$2.01
Elevate at NULU Apartment HomesSpirit1BR,1BA$1.89
Germantown Village Apartments1 Bedrooms1BR,1BA$1.23
Germantown Mill LoftsStudio QStudio ,1BA$2.08
Bolt + TieThe LinenStudio ,1BA$2.11
The QuadStudio – 1 BathroomStudio ,1BA$1.89

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Pet Friendly Lifestyle
Germantown, Louisville, KY

Ranked #115

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Germantown Neighborhood in Louisville, KY

Walk Score®

84 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

72 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

42 / 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 Germantown Apartments

What is a cheap apartment in Germantown?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Germantown is under $1,200.

What is the price of a cheap apartment in Germantown?

The cheapest apartment in Germantown is Germantown Village Apartments which is listed at $819, while the average apartment in Germantown costs $5,560.

What types of apartments are the cheapest in Germantown?

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 13 regular apartments in Germantown that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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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.

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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.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.