Cheap Apartments for Rent in the Russell Neighborhood of Louisville, KY from $600 (25 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Russell 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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Zion Manor
1 to 2 Bedroom Apartments

Zion Manor

2201 W Muhammad Ali BlvdLouisville, KY 40212
Senior Living
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St. Cecilia Apartments
1 Bedroom Apartments

St. Cecilia Apartments

2530 Slevin StLouisville, KY 40212
Senior Living
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Hampton Place
1 to 3 Bedroom Apartments

Hampton Place

1549 W Madison StLouisville, KY 40203
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Zion Manor 2
1 Bedroom Apartments

Zion Manor 2

2237 W Muhammad Ali BlvdLouisville, KY 40212
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Russell, Louisville, KY Local Guide

Cheapest Available Russell Apartments for Rent

 

The cheapest available apartment rental in the Russell area of Louisville, KY is a Studio unit found at Lofts on Ormsby priced from $775. Rowan Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here are the most affordable Russell apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Lofts on OrmsbyStudioStudio,1BA$775
Rowan Place1 bedroom1BR,1BA$775
Vue at 3rd StreetStudioStudio,1BA$799
Madison Apartments2 Beds, 1 bath2BR,1BA$819
800 Towers Apartments1x11BR,1BA$858

Best Value Apartments for Rent in Russell, KY

As of March 13, 2025 the best value apartment in the Russell area is the $1.09 price per square foot 3bd Model at Jefferson Properties in the in the Downtown Louisville neighborhood starting from $1,307. The second greatest value Russell apartment is the 2101 Saint Xavier St Model at 2101 Saint Xavier St, Unit 1F starting at $895 with a $0.81 price per square foot in the Portland neighborhood. Here is today’s list of the best values for Russell apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Jefferson Properties3bd3BR,2BA$1.09
2101 Saint Xavier St, Unit 1F2101 Saint Xavier St3BR,1BA$0.81
Madison Apartments2 Beds, 1 bath2BR,1BA$1.02
Rowan Place1 bedroom1BR,1BA$1.05
2614 W Jefferson St, Unit 42614 W Jefferson St2BR,1BA$1.18
Community Towers 62 & Up1 Bed, 1 bath1BR,1BA$1.50
Crescent CentreWindsor1BR,1BA$1.58
Beecher Terrace Phase II (0680)1 Bedroom1BR,1BA$1.76
800 Towers ApartmentsStudioStudio ,1BA$1.58
Vue at 3rd StreetStudioStudio ,1BA$1.86

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Pet Friendly Lifestyle
Russell, Louisville, KY

Ranked #120

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
Russell, Louisville, KY

School data provided by Great Schools

Best Local Schools in
Russell, Louisville, KY

School data provided by Great Schools

Frequently Asked Questions about Cheap Russell Apartments

What is the Cheapest Studio apartment in Russell?

Currently the most affordable Cheap Studio Apartment in Russell is at Lofts on Ormsby listed at $775.

How much is rent for a Cheap One Bedroom Russell Apartment?

The lowest price for a Cheap One Bedroom Russell Apartment is $775 at Rowan Place.

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

Today's best deal for a Cheap Two Bedroom Apartment in Russell is starting from $819 at Madison Apartments.

What is the most affordable Russell Three Bedroom Apartment?

The best deal on a cheap Russell Three Bedroom Apartment rental is at Jefferson Properties and starts from $1,307.

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

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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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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.

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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.