
Cheap Apartments for Rent in the Old Louisville Neighborhood of Louisville, KY from $500 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Louisville area of Louisville.


1239 S Brook St, Unit 1

Lofts on Ormsby

307 Woodbine St, Unit 3

Vue at 3rd Street

947 S Brook St

1310 S 6th St

1206 Garvin Pl

York Towers Apartments

The St. Francis Apartments
Old Louisville
Named as one of the Best Affordable Neighborhoods to rent in Louisville by our Louisville, KY Local Expert Mike Heuer. See how it ranks!

952 S Floyd St

The Cornerstone

The Hillebrand House - Senior Living

Chapel House Senior Apartments - Age 62+
Old Louisville, Louisville, KY Local Guide

How much does it cost to rent an apartment in Old Louisville?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Old Louisville Studio Apartments | $1,158 | $200 | $1,443 |
Old Louisville 1 Bedroom Apartments | $1,324 | $200 | $2,092 |
Old Louisville 2 Bedroom Apartments | $1,792 | $1,000 | $2,395 |
Old Louisville 3 Bedroom Apartments | $1,553 | $995 | $2,596 |
Old Louisville 4 Bedroom Apartments | $1,600 | $1,600 | $1,600 |
Browse Apartments in this Neighborhood
There are currently 30 rentals with your search options within a 2 mile radius of the Old Louisville Neighborhood of Louisville, KY.
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Old Louisville, Louisville, KY Local Guide
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Cheapest Available Old Louisville Apartments for Rent
 The cheapest available apartment rental in the Old Louisville area of Louisville, KY is a Studio unit found at The Puritan Senior Living - 62 & Over priced from $200. Yugo Louisville Nine has the second lowest priced unit, which is a 4 Beds apartment currently listed from $709. Here are the most affordable Old Louisville apartments for rent in Louisville, KY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Puritan Senior Living - 62 & Over | Studio, 1 bath | Studio,1BA | $200 |
Yugo Louisville Nine | 4 Bed, 4 Bath Classic Balcony | 4BR,4BA | $709 |
Lofts on Ormsby | Studio | Studio,1BA | $775 |
Vue at 3rd Street | Studio | Studio,1BA | $799 |
Urban Flats | A Layout | 1BR,1BA | $815 |
York Towers Apartments | Studio | Studio,1BA | $874 |
The St. Francis Apartments | 1BR1BA | 1BR,1BA | $890 |
The Cornerstone | 1 Bedroom | 1BR,1BA | $900 |
Best Value Apartments for Rent in Old Louisville, KY
As of April 12, 2025 the best value apartment in the Old Louisville area is the $1.23 price per square foot 1445 S 3rd St Model at 1445 S 3rd St, Unit 7 in the in the Phoenix Hill neighborhood starting from $4,900. The second greatest value Old Louisville 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 Old Louisville apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1445 S 3rd St, Unit 7 | 1445 S 3rd St | 6BR,3BA | $1.23 |
The Prestonian | 1 Bed, 1 bath | 1BR,1BA | $1.53 |
Station House Apartments | 2BR/2.0BA | 2BR,2BA | $1.51 |
Yugo Louisville Nine | 2 Bed, 2 Bath Classic Pool View | 2BR,2BA | $1.05 |
Views at Crescent Hill | 2 Bedroom A | 2BR,1BA | $1.36 |
307 Woodbine St, Unit 3 | 307 Woodbine St | 1BR,1BA | $1.11 |
The Cornerstone | 1 Bedroom | 1BR,1BA | $1.29 |
Crescent Centre Apartments & Townhomes | One Bedroom-699 sqft | 1BR,1BA | $1.43 |
The St. Francis Apartments | 1BR1BA | 1BR,1BA | $1.32 |
1239 S Brook St, Unit 1 | 1239 S Brook St | 1BR,1BA | $0.94 |
Quick Rent Budget Calculator
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Lifestyle Ratings
Our team of engineers and researchers is proud to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Louisville. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, kid and pet-friendly communities, availability of transit options, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Old Louisville Neighborhood in Louisville, KY
Walk Score®
81 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
87 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
52 / 100
Good Transit
Many 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 Old Louisville Apartments
What is a cheap apartment in Old Louisville?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Old Louisville is under $900.
What is the price of a cheap apartment in Old Louisville?
The cheapest apartment in Old Louisville is Urban Flats which is listed at $815, while the average apartment in Old Louisville costs $4,900.
What types of apartments are the cheapest in Old Louisville?
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 6 regular apartments in Old Louisville 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 Old Louisville?
Cheap apartments in Old Louisville have an average cost of $272 which is $4,628 cheaper than the average rent for all rentals in Old Louisville.
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.