Cheap Apartments for Rent in the Okolona Neighborhood of Louisville, KY from $500 (29 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Okolona 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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Eric Court Apartments
1 to 2 Bedroom Apartments

Eric Court Apartments

113 E Eric CtLouisville, KY 40219
  • Utilities Included
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Tymberwood Trace
1 to 2 Bedroom Apartments

Tymberwood Trace

7500 Beechview WayLouisville, KY 40219
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Medallion Court
2 Bedroom Apartments

Medallion Court

4200 Medallion CtLouisville, KY 40219
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Chateau Royale
2 Bedroom Apartments

Chateau Royale

3700 Chateau LnLouisville, KY 40219
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Oak Run Apartments
2 Bedroom Apartments

Oak Run Apartments

763 McCawley RdLouisville, KY 40219
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Louisville 53
Studio to 2 Bedroom Apartments

Louisville 53

1139 Minor LnLouisville, KY 40219
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Dunwoody Court
1 Bedroom Apartments

Dunwoody Court

7510 Dunwoody CtOkolona, KY 40219
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Showing Results 1-29, Page 1 of 1

Okolona, Louisville, KY Local Guide

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. Cumberland Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $789. Here are the most affordable Okolona apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Louisville 532 bedroom, 1 bath2BR,1BA$650
Cumberland Apartments1 Bed, 1 bath1BR,1BA$789
The Lofts at Pinecroft1 bedroom, 1 bath2BR,1BA$795
Eleven Oaks ApartmentsEleven Oaks - 1 Bedroom Apartment1BR,1BA$805
Lone Oak MeadowsOne Bedroom One Bath1BR,1BA$874
Falcon Crest Apartments1x1 7581BR,1BA$899
The Lux Townhomes2 x 1 Lily B12BR,1BA$969
The Stratton1 Bedroom One Bathroom-Large1BR,1BA$979
VentanaOne Bedroom | One Bathroom | 750 Square Feet A1BR,1BA$989
Maple Valley2 Bedroom2BR,1BA$1,086

Best Value Apartments for Rent in Okolona, KY

As of March 25, 2025 the best value apartment in the Okolona area is the $1.32 price per square foot Two Bedroom Two Bathroom 1185 Sq Ft Model at Cooper Creek in the in the Edgewood neighborhood starting from $1,559. The second greatest value Okolona apartment is the 1B Model at The Willard at Preston Crossing starting at $1,284 with a $1.25 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Cooper CreekTwo Bedroom Two Bathroom 1185 Sq Ft2BR,2BA$1.32
The Willard at Preston Crossing1B1BR,1BA$1.25
Tanglewood Apartments2x12BR,1BA$1.22
Jefferson CrossingsTwo Bedroom2BR,1BA$1.31
Maple Valley2 Bedroom2BR,1BA$1.21
The Lux Townhomes2 x 1 Lily B12BR,1BA$1.08
Falcon Crest Apartments1x1 7581BR,1BA$1.19
Lone Oak MeadowsOne Bedroom One Bath1BR,1BA$1.16
The Lofts at Pinecroft1 bedroom, 1 bath2BR,1BA$1.14
Eleven Oaks ApartmentsEleven Oaks - 1 Bedroom Apartment1BR,1BA$1.25

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Pet Friendly Lifestyle
Okolona, Louisville, KY

Ranked #21

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Okolona, Louisville, KY

School data provided by Great Schools

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 Cumberland Apartments which is listed at $789, while the average apartment in Okolona costs $2,176.

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 84 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 $138 which is $2,038 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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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.