Cheap Apartments for Rent in the Medical Center Neighborhood of Louisville, KY from $500 (41 Rentals)

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

property at 947 S Brook St

947 S Brook St

LouisvilleKY40203

Louisville's Best Affordable Neighborhoods

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

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property at 952 S Floyd St

952 S Floyd St

LouisvilleKY40203
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The Friary
Studio to 1 Bedroom Apartments

The Friary

501 E Liberty StLouisville, KY 40202
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1026 S 4th St
Studio to 2 Bedroom Apartments

1026 S 4th St

1026 S 4th StLouisville, KY 40203
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Urban Flats
1 to 2 Bedroom Apartments

Urban Flats

735 S 2nd StLouisville, KY 40202
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Friendship House - Age 62+
Studio to 1 Bedroom Apartments

Friendship House - Age 62+

960 S 4th StLouisville, KY 40203
Senior Living
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747 S 5th St
2 Bedroom Apartments

747 S 5th St

747 S 5th StLouisville, KY 40203
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Glassworks Lofts
1 Bedroom Apartments

Glassworks Lofts

815 W Market StLouisville, KY 40202
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1202 S 3rd St
Studio to 2 Bedroom Apartments

1202 S 3rd St

1202 S 3rd StLouisville, KY 40203
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Guthrie-Coke Lofts
1 to 2 Bedroom Apartments

Guthrie-Coke Lofts

566 S 4th StLouisville, KY 40202
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1000 E Jefferson St
1 Bedroom Apartments

1000 E Jefferson St

1000 E Jefferson StLouisville, KY 40206
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Showing Results 1-41, Page 1 of 1

Medical Center, Louisville, KY Local Guide

Cheapest Available Medical Center Apartments for Rent

 

The cheapest available apartment rental in the Medical Center area of Louisville, KY is a 1 Bed unit found at Urban Flats priced from $780. The Quad has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here are the most affordable Medical Center apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Urban FlatsA Layout1BR,1BA$780
The QuadStudio – 1 BathroomStudio,1BA$795
Vue at 3rd StreetStudioStudio,1BA$799
Germantown Village Apartments1 Bedrooms1BR,1BA$819
Cathedral CommonsStudioStudio,1BA$850
800 Towers Apartments1x11BR,1BA$861
York Towers ApartmentsStudioStudio,1BA$874
The St. Francis Apartments1BR1BA1BR,1BA$890
The Cornerstone1 Bedroom1BR,1BA$900

Best Value Apartments for Rent in Medical Center, KY

As of March 29, 2025 the best value apartment in the Medical Center area is the $0.80 price per square foot 535 E Kentucky St Model at 535 E Kentucky St, Unit 2F in the in the Medical Center neighborhood starting from $795. The second greatest value Medical Center apartment is the 1 Bed, 1 bath Model at The Prestonian starting at $1,381 with a $1.53 price per square foot in the Medical Center neighborhood. Here is today’s list of the best values for Medical Center apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
535 E Kentucky St, Unit 2F535 E Kentucky St2BR,1BA$0.80
The Prestonian1 Bed, 1 bath1BR,1BA$1.53
Glassworks Lofts1 Bedroom - 1 Bathroom1BR,1BA$1.21
Lofts of BroadwayAddison1BR,1BA$1.32
Urban FlatsC1 Layout2BR,2BA$1.60
The Cornerstone1 Bedroom1BR,1BA$1.29
The St. Francis Apartments1BR1BA1BR,1BA$1.32
Germantown Village Apartments1 Bedrooms1BR,1BA$1.23
Beecher Terrace Apartments1 Bedroom*1BR,1BA$1.59
800 Towers ApartmentsStudioStudio ,1BA$1.58

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Pet Friendly Lifestyle
Medical Center, Louisville, KY

Ranked #28

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

This website works hard to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities and towns, and rental properties across Kentucky, including Louisville. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, pet-friendly features, apartment communities for the kids, proximity to transit, walking, and biking. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Medical Center Apartments

What is a cheap apartment in Medical Center?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Medical Center is under $900.

What is the price of a cheap apartment in Medical Center?

The cheapest apartment in Medical Center is Urban Flats which is listed at $780, while the average apartment in Medical Center costs $1,650.

What types of apartments are the cheapest in Medical Center?

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 72 regular apartments in Medical Center 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 Medical Center?

Cheap apartments in Medical Center have an average cost of $346 which is $1,304 cheaper than the average rent for all rentals in Medical Center.

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.