Cheap Apartments for Rent in the Jacobs Neighborhood of Louisville, KY from $500 (22 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Jacobs 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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Jacobs, Louisville, KY Local Guide

Cheapest Available Jacobs Apartments for Rent

 

The cheapest available apartment rental in the Jacobs area of Louisville, KY is a 1 Bed unit found at Iroquois Green priced from $715. Walnut Grove has the second lowest priced unit, which is a 1 Bed apartment currently listed from $830. Here are the most affordable Jacobs apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Iroquois Green1 Bedroom - Garden Level1BR,1BA$715
Walnut Grove1 Bedroom, 1 Bathroom1BR,1BA$830
Imperial ArmsImperial Arms Apartments1BR,1BA$850
Manslick MeadowsStudiosStudio,1BA$850
Vesta Derby Oaks (Patriot Derby)A1 UPG1BR,1BA$895

Best Value Apartments for Rent in Jacobs, KY

As of March 28, 2025 the best value apartment in the Jacobs area is the $1.18 price per square foot 3 Bedroom Model at The Crossings at Mill Creek in the in the Jacobs neighborhood starting from $1,403. The second greatest value Jacobs apartment is the Two bedroom Model at By the Park starting at $1,000 with a $1.00 price per square foot in the Jacobs neighborhood. Here is today’s list of the best values for Jacobs apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Crossings at Mill Creek3 Bedroom3BR,2BA$1.18
By the ParkTwo bedroom2BR,1BA$1.00
Beechmont TownhomesBeechmont Townhomes- Finished Basement2BR,1BA$1.35
Richardson 52 Apartments1 BED / 1 BATH1BR,1BA$1.13
1833 Building1BR/1.0BA1BR,1BA$1.29
Walnut Grove1 Bedroom, 1 Bathroom1BR,1BA$1.37
Imperial ArmsImperial Arms Apartments1BR,1BA$1.42
Vesta Derby Oaks (Patriot Derby)A1 UPG1BR,1BA$1.72
Manslick MeadowsStudiosStudio ,1BA$1.70

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Pet Friendly Lifestyle
Jacobs, Louisville, KY

Ranked #167

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Jacobs Apartments

What is the price of a cheap apartment in Jacobs?

The cheapest apartment in Jacobs is Walnut Grove which is listed at $830, while the average apartment in Jacobs costs $1,190.

What types of apartments are the cheapest in Jacobs?

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 3 regular apartments in Jacobs 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 Jacobs?

Cheap apartments in Jacobs have an average cost of $345 which is $845 cheaper than the average rent for all rentals in Jacobs.

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

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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

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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

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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.