Cheap Homes for Rent in Highland Park Neighborhood of Louisville, KY from $700 (15 Rentals)

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Search the lowest-cost Homes available for rent right now in the Highland Park 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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Highland Park, Louisville, KY Local Guide

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 Heritage Green Apartments priced from $829. Imperial Arms has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Highland Park apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Heritage Green ApartmentsThe Single1BR,1BA$829
Imperial ArmsImperial Arms Apartments1BR,1BA$850
Vesta Derby Oaks (Patriot Derby)B1 UPG2BR,1BA$850
Carpenter Apartments1 Bedroom1BR,1BA$899
Cardinal Village Apartments1x11BR,1BA$910

Best Value Apartments for Rent in Highland Park, KY

As of April 08, 2025 the best value apartment in the Highland Park area is the $1.00 price per square foot 4703 S 1st St Model at 4703 S 1st St, Unit 2 in the in the Downtown Louisville neighborhood starting from $995. The second greatest value Highland Park apartment is the Paint Model at Preston Oaks starting at $1,045 with a $1.10 price per square foot in the South Louisville neighborhood. Here is today’s list of the best values for Highland Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
4703 S 1st St, Unit 24703 S 1st St2BR,1BA$1.00
Preston OaksPaint2BR,1.5BA$1.10
The Lux Townhomes2 x 1 Lily B12BR,1BA$1.04
Beechmont TownhomesBeechmont Townhomes- Finished Basement2BR,1BA$1.35
4002 Southern Pky, Unit 24002 Southern Pky2BR,1BA$1.40
Tanglewood Apartments1x11BR,1BA$1.18
Nichols MeadowsFlats2BR,1BA$1.43
Imperial ArmsImperial Arms Apartments1BR,1BA$1.42
Cardinal Village Apartments1x11BR,1BA$1.58
Vesta Derby Oaks (Patriot Derby)A1 UPG1BR,1BA$1.63

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Frequently Asked Questions about Highland Park

What type of rentals are currently available in Highland Park?

There are currently 136 Apartments for Rent in Highland Park, KY with pricing that ranges from $535 to $2,137. There are also 61 Single Family Homes for rent, Condos, and Townhome rentals currently available in Highland Park ranging from $749 to $4,200.

What is the current price range for Rental Homes in Highland Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Highland Park ranges from $749 to $4,200 with an average monthly rent of $2,217.

How much are larger Three and Four Bedroom Rentals in Highland Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Highland Park range from $599 to $1,797, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $1,775. Four Bedroom Single-Family rentals are also available starting from $1,395 and Four Bedroom Apartments start at $535.

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.

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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.