
Cheap Apartments for Rent in the Okolona Neighborhood of Louisville, KY from $500 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the Okolona area of Louisville.


Whispering Hills Apartments Southeast

Whispering Hills Apartments

Serenity Court Apartments

Eleven Oaks Apartments

Cumberland Apartments

4301 Naomi Dr

Tanglewood Apartments

Applegate Farm Apartments

The Lux Townhomes
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Pebble Creek

Falcon Crest Apartments
Louisville's Best Affordable Neighborhoods
Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer
Okolona, Louisville, KY Local Guide

How much does it cost to rent an apartment in Okolona?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Okolona Studio Apartments | $898 | $200 | $1,501 |
Okolona 1 Bedroom Apartments | $1,156 | $735 | $1,818 |
Okolona 2 Bedroom Apartments | $1,337 | $835 | $2,202 |
Okolona 3 Bedroom Apartments | $1,573 | $965 | $2,399 |
Okolona 4 Bedroom Apartments | $2,031 | $1,595 | $2,505 |
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the Okolona Neighborhood of Louisville, KY.
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Okolona, Louisville, KY Local Guide
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Cheapest Available Okolona Apartments for Rent
 The cheapest available apartment rental in the Okolona area of Louisville, KY is a 2 Beds unit found at Louisville 53 priced from $650. Serenity Court Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $744. Here are the most affordable Okolona apartments for rent in Louisville, KY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Louisville 53 | 2 bedroom, 1 bath | 2BR,1BA | $650 |
Serenity Court Apartments | Efficiency | Studio,1BA | $744 |
The Lofts at Pinecroft | 1 bedroom, 1 bath | 2BR,1BA | $795 |
Eleven Oaks Apartments | Eleven Oaks - 1 Bedroom Apartment | 1BR,1BA | $805 |
Cumberland Apartments | 1 Bed, 1 bath | 1BR,1BA | $829 |
Best Value Apartments for Rent in Okolona, KY
As of April 26, 2025 the best value apartment in the Okolona area is the $1.22 price per square foot 2B Model at Covington by the Lake in the in the Highview neighborhood starting from $1,487. The second greatest value Okolona apartment is the 2 Bedroom 2 Bath Model at Lone Oak Meadows starting at $1,209 with a $1.13 price per square foot in the South Side neighborhood. Here is today’s list of the best values for Okolona apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Covington by the Lake | 2B | 2BR,2BA | $1.22 |
Lone Oak Meadows | 2 Bedroom 2 Bath | 2BR,2BA | $1.13 |
The Willard at Preston Crossing | 1A | 1BR,1BA | $1.32 |
Jefferson Crossings | Two Bedroom | 2BR,1BA | $1.31 |
Maple Valley | 2 Bedroom | 2BR,1BA | $1.21 |
The Stratton | 2 Bedroom One Bathroom- Large | 2BR,1BA | $1.29 |
Serenity Court Apartments | 2 Bedroom | 2BR,1BA | $1.09 |
Falcon Crest Apartments | 1x1 758 | 1BR,1BA | $1.19 |
The Lofts at Pinecroft | 1 bedroom, 1 bath | 2BR,1BA | $1.14 |
Eleven Oaks Apartments | Eleven Oaks - 1 Bedroom Apartment | 1BR,1BA | $1.25 |
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Pet Friendly LifestyleOkolona, Louisville, KY
Ranked #74
Among neighborhoods in Louisville, KY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Okolona, Louisville, KY
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Kentucky and customized analysis for Louisville, Kentucky. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, transit availability, pet-friendly communities, features that make it easier to raise kids, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the Okolona Neighborhood in Louisville, KY
Walk Score®
51 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
42 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
32 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Okolona Apartments
What is a cheap apartment in Okolona?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Okolona is under $1,086.
What is the price of a cheap apartment in Okolona?
The cheapest apartment in Okolona is Eleven Oaks Apartments which is listed at $805, while the average apartment in Okolona costs $1,962.
What types of apartments are the cheapest in Okolona?
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 7 regular apartments in Okolona 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 Okolona?
Cheap apartments in Okolona have an average cost of $127 which is $1,835 cheaper than the average rent for all rentals in Okolona.
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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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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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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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.