
Cheap Apartments for Rent in the Jacobs Neighborhood of Louisville, KY from $500 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Jacobs area of Louisville.


Iroquois Green

Wilart Arms Apartments

Walnut Grove

1707 Liberty Bell Way

Vesta Derby Oaks (Patriot Derby)
Louisville's Best Affordable Neighborhoods
Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer

Richardson 52 Apartments

Jacob School Apartments 62+ Senior Living

1525 Sale Ave

3517 Georgetown Pl

3513 Georgetown Pl
Jacobs, Louisville, KY Local Guide

How much does it cost to rent an apartment in Jacobs?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Jacobs Studio Apartments | $850 | $850 | $850 |
Jacobs 1 Bedroom Apartments | $889 | $675 | $1,095 |
Jacobs 2 Bedroom Apartments | $994 | $750 | $1,500 |
Jacobs 3 Bedroom Apartments | $1,195 | $599 | $1,797 |
Browse Apartments in this Neighborhood
There are currently 22 rentals with your search options within a 1 mile radius of the Jacobs Neighborhood of Louisville, KY.
See all Apartments in LouisvilleExplore Louisville
Jacobs, Louisville, KY Local Guide
- Nearby Louisville neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Iroquois Green | 1 Bedroom - Garden Level | 1BR,1BA | $715 |
Walnut Grove | 1 Bedroom, 1 Bathroom | 1BR,1BA | $830 |
Imperial Arms | Imperial Arms Apartments | 1BR,1BA | $850 |
Manslick Meadows | Studios | Studio,1BA | $850 |
Vesta Derby Oaks (Patriot Derby) | A1 UPG | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Crossings at Mill Creek | 3 Bedroom | 3BR,2BA | $1.18 |
By the Park | Two bedroom | 2BR,1BA | $1.00 |
Beechmont Townhomes | Beechmont Townhomes- Finished Basement | 2BR,1BA | $1.35 |
Richardson 52 Apartments | 1 BED / 1 BATH | 1BR,1BA | $1.13 |
1833 Building | 1BR/1.0BA | 1BR,1BA | $1.29 |
Walnut Grove | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.37 |
Imperial Arms | Imperial Arms Apartments | 1BR,1BA | $1.42 |
Vesta Derby Oaks (Patriot Derby) | A1 UPG | 1BR,1BA | $1.72 |
Manslick Meadows | Studios | Studio ,1BA | $1.70 |
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.
Pet Friendly LifestyleJacobs, Louisville, KY
Ranked #167
Among neighborhoods in Louisville, KY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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.

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.

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.

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.

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.