Cheap Homes for Rent in Park Hill Neighborhood of Louisville, KY from $600 (40 Rentals)

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Search the lowest-cost Homes available for rent right now in the Park Hill area of Louisville.

property at 1048 S 36th St

1048 S 36th St

LouisvilleKY40211

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Park Hill - One of the Best Affordable Neighborhoods in 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!

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Park Hill, Louisville, KY Local Guide

Cheapest Available Park Hill Apartments for Rent

 

The cheapest available apartment rental in the Park Hill area of Louisville, KY is a Studio unit found at The Puritan Senior Living - 62 & Over priced from $200. Gateway on Broadway has the second lowest priced unit, which is a 2 Beds apartment currently listed from $542. Here are the most affordable Park Hill apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
The Puritan Senior Living - 62 & OverStudio, 1 bathStudio,1BA$200
Gateway on BroadwayTwo Bedroom2BR,1BA$542
Yugo Louisville Nine4 Bed, 4 Bath Classic Balcony4BR,4BA$709
Rowan Place1 bedroom1BR,1BA$775
Lofts on OrmsbyStudioStudio,1BA$775
Urban FlatsA1 Layout1BR,1BA$775
Vue at 3rd StreetStudioStudio,1BA$799
Madison Apartments2 Beds, 1 bath2BR,1BA$819
800 Towers ApartmentsStudioStudio,1BA$821
Vesta Derby Oaks (Patriot Derby)B1 UPG2BR,1BA$850

Best Value Apartments for Rent in Park Hill, KY

As of April 23, 2025 the best value apartment in the Park Hill 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 Park Hill apartment is the 3bd Model at Jefferson Properties starting at $1,307 with a $1.09 price per square foot in the Downtown Louisville neighborhood. Here is today’s list of the best values for Park Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1445 S 3rd St, Unit 71445 S 3rd St6BR,3BA$1.23
Jefferson Properties3bd3BR,2BA$1.09
Gateway on BroadwayOne Bedroom1BR,1BA$0.50
Yugo Louisville Nine2 Bed, 2 Bath Classic Pool View2BR,2BA$1.05
Glassworks Lofts1 Bedroom - 1 Bathroom1BR,1BA$1.21
Madison Apartments2 Beds, 1 bath2BR,1BA$1.02
Lofts of BroadwayBrooklyn1BR,1BA$1.31
Rowan Place1 bedroom1BR,1BA$1.05
The Cornerstone1 Bedroom1BR,1BA$1.29
Cathedral CommonsStudioStudio ,1BA$1.21

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Frequently Asked Questions about Park Hill

What type of rentals are currently available in Park Hill?

There are currently 650 Apartments for Rent in Park Hill, KY with pricing that ranges from $200 to $6,880. There are also 150 Single Family Homes for rent, Condos, and Townhome rentals currently available in Park Hill ranging from $649 to $4,200.

What is the current price range for Rental Homes in Park Hill?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Park Hill ranges from $649 to $4,200 with an average monthly rent of $1,701.

How much are larger Three and Four Bedroom Rentals in Park Hill?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Park Hill range from $675 to $6,880, while Three Bedroom Homes, Condos, and Townhomes for rent range from $940 to $1,950. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $535.

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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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.

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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.