
Cheap Apartments for Rent in the Phoenix Hill Neighborhood of Louisville, KY from $400 (107 Rentals)
Search the lowest-cost Apartments available for rent right now in the Phoenix Hill area of Louisville.


Gateway on Broadway

Painters Row

Lofts on Ormsby

1501 E Breckinridge St

1013 St Paul Ct

1516 S 2nd St

1144 S 3rd St

Vue at 3rd Street
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.

Germantown Village Apartments

947 S Brook St

Waterside at River Park Apartments

Cathedral Commons

1215 S 1st St

York Towers Apartments

J.O. Blanton House - Senior Living

The St. Francis Apartments

1033 Bardstown Rd
Phoenix 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!

952 S Floyd St

The Cornerstone

Elevate at NULU Apartment Homes

1917 Frankfort Ave

800 Towers Apartments

Lofts of Broadway

Baringer Manor

Beecher Terrace Apartments

Flats on Fifth

1103 Logan St

114 W Oak St

1107 E Kentucky St

Germantown Mill Lofts

Crescent Centre Apartments & Townhomes

Park Court Apartments

Hampton Place

1457 S 1st St

1606 Lucia Ave

Grinstead

1464 S 9th St

310 at Nulu Apartments

Grocers Ice Lofts

1842 Baird St

The Avenue in the Highlands

1646 Lucia Ave, Unit 3

517 St Catherine St

636 E Breckinridge St

1051 Barret Ave

Century Baxter Ave
Phoenix Hill, Louisville, KY Local Guide

How much does it cost to rent an apartment in Phoenix Hill?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Phoenix Hill Studio Apartments | $1,173 | $200 | $3,714 |
Phoenix Hill 1 Bedroom Apartments | $1,366 | $200 | $3,581 |
Phoenix Hill 2 Bedroom Apartments | $1,810 | $542 | $5,354 |
Phoenix Hill 3 Bedroom Apartments | $2,006 | $1,050 | $6,340 |
Phoenix Hill 4 Bedroom Apartments | $4,692 | $2,875 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 107 rentals with your search options within a 2 mile radius of the Phoenix Hill Neighborhood of Louisville, KY.
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Phoenix Hill, Louisville, KY Local Guide
- Nearby Louisville neighborhoods
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Cheapest Available Phoenix Hill Apartments for Rent
 The cheapest available apartment rental in the Phoenix Hill area of Louisville, KY is a Studio unit found at The Puritan Senior Living - 62 & Over priced from $200. M. Fine on Spring has the second lowest priced unit, which is a 2 Beds apartment currently listed from $418. Here are the most affordable Phoenix Hill apartments for rent in Louisville, KY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Puritan Senior Living - 62 & Over | Studio | Studio,1BA | $200 |
M. Fine on Spring | 2BT5 | 2BR,1BA | $418 |
Gateway on Broadway | Two Bedroom | 2BR,1BA | $542 |
Lofts on Ormsby | Studio | Studio,1BA | $775 |
Urban Flats | A1 Layout | 1BR,1BA | $775 |
The Quad | Studio – 1 Bathroom | Studio,1BA | $795 |
Vue at 3rd Street | Studio | Studio,1BA | $799 |
Germantown Village Apartments | 1 Bedrooms | 1BR,1BA | $819 |
Cathedral Commons | Studio | Studio,1BA | $850 |
York Towers Apartments | Studio | Studio,1BA | $874 |
Best Value Apartments for Rent in Phoenix Hill, KY
As of April 29, 2025 the best value apartment in the Phoenix Hill area is the $1.08 price per square foot EP4 Model at Edison Park in the in the Medical Center neighborhood starting from $1,300. The second greatest value Phoenix Hill apartment is the 1646 Lucia Ave Model at 1646 Lucia Ave, Unit 3 starting at $1,100 with a $0.92 price per square foot in the Phoenix Hill neighborhood. Here is today’s list of the best values for Phoenix Hill apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Edison Park | EP4 | 1BR,1.5BA | $1.08 |
1646 Lucia Ave, Unit 3 | 1646 Lucia Ave | 2BR,1BA | $0.92 |
M. Fine on Spring | 2B2BT17HC | 2BR,2BA | $0.63 |
Gateway on Broadway | One Bedroom | 1BR,1BA | $0.50 |
Glassworks Lofts | 1 Bedroom - 1 Bathroom | 1BR,1BA | $1.21 |
Lofts of Broadway | Brooklyn | 1BR,1BA | $1.31 |
The Cornerstone | 1 Bedroom | 1BR,1BA | $1.29 |
Cathedral Commons | Studio | Studio ,1BA | $1.21 |
The St. Francis Apartments | 1BR1BA | 1BR,1BA | $1.32 |
Germantown Village Apartments | 1 Bedrooms | 1BR,1BA | $1.23 |
Quick Rent Budget Calculator
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Lifestyle Ratings
ApartmentHomeLiving.com is happy to bring you Lifestyle Ratings of rentals in cities across the United States, including Louisville. 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 proximity to parks, luxury amenities, pet-friendly features, family-friendliness, proximity to transit, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Phoenix Hill Neighborhood in Louisville, KY
Walk Score®
81 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
73 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
57 / 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 Phoenix Hill Apartments
What is a cheap apartment in Phoenix Hill?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Phoenix Hill is under $874.
What is the price of a cheap apartment in Phoenix Hill?
The cheapest apartment in Phoenix Hill is Gateway on Broadway which is listed at $542, while the average apartment in Phoenix Hill costs $2,902.
What types of apartments are the cheapest in Phoenix Hill?
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 99 regular apartments in Phoenix Hill 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 Phoenix Hill?
Cheap apartments in Phoenix Hill have an average cost of $205 which is $2,697 cheaper than the average rent for all rentals in Phoenix Hill.
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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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.