Cheap Apartments for Rent in the Phoenix Hill Neighborhood of Louisville, KY from $400 (96 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
947 S Brook St
$8251 Bedroom, 1 Bath Home for RentAvailable Now

947 S Brook St

Louisville, KY 40203
View Details
close
View Me
952 S Floyd St
$8951 Bedroom, 1 Bath Home for RentAvailable Now

952 S Floyd St

Louisville, KY 40203
View Details
close
View Me
636 E Breckinridge St
$9002 Bedroom, 1 Bath RentalsAvailable Now

636 E Breckinridge St

Louisville, KY 40203
View Details
close
View Me
1917 Frankfort Ave
$9251 Bedroom, 1 Bath Home for RentAvailable Now

1917 Frankfort Ave

Louisville, KY 40206
View Details
close
View Me
The Friary
Studio to 1 Bedroom Apartments

The Friary

501 E Liberty StLouisville, KY 40202
close
View Me
1026 S 4th St
Studio to 2 Bedroom Apartments

1026 S 4th St

1026 S 4th StLouisville, KY 40203
Showing Results 1-50, Page 1 of 2

Phoenix Hill, Louisville, KY Local Guide

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 ListingModel NameBed/BathPriced From
The Puritan Senior Living - 62 & OverStudio, 1 bathStudio,1BA$200
M. Fine on Spring2BT52BR,1BA$418
The Prestonian1 Bed, 1 bath1BR,1BA$476
Lofts on OrmsbyStudioStudio,1BA$725
The QuadStudio – 1 BathroomStudio,1BA$795
Vue at 3rd StreetStudioStudio,1BA$799
Germantown Village Apartments1 Bedrooms1BR,1BA$829
800 Towers Apartments1x11BR,1BA$834
AVIA North ShoreStudiosStudio,1BA$849

Best Value Apartments for Rent in Phoenix Hill, KY

As of February 18, 2025 the best value apartment in the Phoenix Hill area is the $1.06 price per square foot 1646 Lucia Ave Model at 1646 Lucia Ave, Unit 1 in the in the Phoenix Hill neighborhood starting from $1,275. The second greatest value Phoenix Hill apartment is the 2 bedroom Model at Big 4 Station Residence starting at $1,150 with a $1.05 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1646 Lucia Ave, Unit 11646 Lucia Ave2BR,1BA$1.06
Big 4 Station Residence2 bedroom2BR,1BA$1.05
535 E Kentucky St, Unit 2F535 E Kentucky St2BR,1BA$0.80
M. Fine on Spring2BT52BR,1BA$0.45
The Prestonian1 Bed, 1 bath1BR,1BA$0.53
Glassworks Lofts1 Bedroom - 1 Bathroom1BR,1BA$1.21
Lofts of BroadwayAddison1BR,1BA$1.37
The Cornerstone1 Bedroom1BR,1BA$1.29
The St. Francis Apartments1BR1BA1BR,1BA$1.32
Germantown Village Apartments1 Bedrooms1BR,1BA$1.25

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

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®

80 / 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 the Cheapest Studio apartment in Phoenix Hill?

Currently the most affordable Cheap Studio Apartment in Phoenix Hill is at The Puritan Senior Living - 62 & Over listed at $200.

How much is rent for a Cheap One Bedroom Phoenix Hill Apartment?

The lowest price for a Cheap One Bedroom Phoenix Hill Apartment is $476 at The Prestonian.

What is the lowest price for a Cheap Two Bedroom Phoenix Hill Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Phoenix Hill is starting from $418 at M. Fine on Spring.

What is the most affordable Phoenix Hill Three Bedroom Apartment?

The best deal on a cheap Phoenix Hill Three Bedroom Apartment rental is at The Prestonian and starts from $651.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.

decorative image for Signing Your Apartment Lease: The Basics article

Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.