
Cheap Apartments for Rent in the Highland Park Neighborhood of Louisville, KY from $500 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Highland Park area of Louisville.


943 Central Ave

4012 Southern Pkwy

4401 S 2nd St
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Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1033 Euclid Ave

Heritage Green Apartments

Patriot Derby (FKA Vesta Derby Oaks)

129 E Wellington Ave

2728 S 4th St
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Highland Park, Louisville, KY Local Guide

How much does it cost to rent an apartment in Highland Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Highland Park Studio Apartments | $979 | $625 | $1,320 |
| Highland Park 1 Bedroom Apartments | $1,047 | $795 | $1,459 |
| Highland Park 2 Bedroom Apartments | $992 | $759 | $1,605 |
| Highland Park 3 Bedroom Apartments | $1,149 | $675 | $1,795 |
| Highland Park 4 Bedroom Apartments | $4,772 | $4,772 | $4,772 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Highland Park Neighborhood of Louisville, KY.
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Highland Park, Louisville, KY Local Guide
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Cheapest Available Highland Park Apartments for Rent
 The cheapest available apartment rental in the Highland Park area of Louisville, KY is a 1 Bed unit found at Kenwood Arms priced from $825. Heritage Green Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $829. Here are the most affordable Highland Park apartments for rent in Louisville, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Kenwood Arms | Kenwood Arms - 1b/1ba | 1BR,1BA | $825 |
| Heritage Green Apartments | The Single | 1BR,1BA | $829 |
| Patriot Derby (FKA Vesta Derby Oaks) | A1 | 1BR,1BA | $850 |
| Maple Run Apartments | Maple Run | 2b/1ba | 2BR,1BA | $900 |
| Beechmont Townhomes | Beechmont Townhomes- Unfinished Basement | 2BR,1BA | $995 |
Best Value Apartments for Rent in Highland Park, KY
As of December 28, 2025 the best value apartment in the Highland Park area is the $0.90 price per square foot 175 Gillette Ave Model at 175 Gillette Ave, Unit 2 in the in the Downtown Louisville neighborhood starting from $900. The second greatest value Highland Park apartment is the Kenwood Arms - Waiting List (2b/1b) Model at Kenwood Arms starting at $985 with a $1.13 price per square foot in the Downtown Louisville neighborhood. Here is today’s list of the best values for Highland Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 175 Gillette Ave, Unit 2 | 175 Gillette Ave | 3BR,1BA | $0.90 |
| Kenwood Arms | Kenwood Arms - Waiting List (2b/1b) | 2BR,1BA | $1.13 |
| Beechmont Townhomes | Beechmont Townhomes- Finished Basement | 2BR,1BA | $1.29 |
| Maple Run Apartments | Maple Run | 2b/1ba | 2BR,1BA | $1.07 |
| Tanglewood Apartments | 1x1 | 1BR,1BA | $1.32 |
| Patriot Derby (FKA Vesta Derby Oaks) | A1 | 1BR,1BA | $1.63 |
| Trifecta | A1 | 1BR,1BA | $2.10 |
| Heritage Green Apartments | The Single | 1BR,1BA | $1.73 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleThe Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Louisville, KY | Find Louisville Off-Campus Student Housing at ApartmentHomeLiving.com
Read ArticleQuick 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.
Pet Friendly LifestyleHighland Park, Louisville, KY
Ranked #119
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Highland Park Apartments
What is the price of a cheap apartment in Highland Park?
The cheapest apartment in Highland Park is Kenwood Arms which is listed at $825, while the average apartment in Highland Park costs $4,772.
What types of apartments are the cheapest in Highland Park?
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 Highland Park 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 Highland Park?
Cheap apartments in Highland Park have an average cost of $342 which is $4,430 cheaper than the average rent for all rentals in Highland Park.
Expert Rental Resources
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.
Articles, How-To's, and Tips

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.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.







