Cheap Homes for Rent in Russell Neighborhood of Louisville, KY from $600 (16 Rentals)

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Search the lowest-cost Homes 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

property at 214 N 24th St

214 N 24th St

LouisvilleKY40212

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 2 Beds unit found at Gateway on Broadway priced from $542. Lofts on Ormsby has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here are the most affordable Russell apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Gateway on BroadwayTwo Bedroom2BR,1BA$542
Lofts on OrmsbyStudioStudio,1BA$775
Rowan Place1 bedroom1BR,1BA$775
Vue at 3rd StreetStudioStudio,1BA$799
Madison Apartments2 Beds, 1 bath2BR,1BA$819

Best Value Apartments for Rent in Russell, KY

As of March 26, 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
Gateway on BroadwayOne Bedroom1BR,1BA$0.50
Madison Apartments2 Beds, 1 bath2BR,1BA$1.02
Rowan Place1 bedroom1BR,1BA$1.05
3109 W Muhammad Ali Blvd, Unit 43109 W Muhammad Ali Blvd2BR,1BA$1.15
2614 W Jefferson St, Unit 42614 W Jefferson St2BR,1BA$1.18
Community Towers 62 & Up1 Bed, 1 bath1BR,1BA$1.50
3149 Vermont Ave, Unit 33149 Vermont Ave1BR,1BA$1.10
800 Towers ApartmentsStudioStudio ,1BA$1.58

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Frequently Asked Questions about Russell

What type of rentals are currently available in Russell?

There are currently 99 Apartments for Rent in Russell, KY with pricing that ranges from $542 to $6,880. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Russell ranging from $695 to $1,900.

What is the current price range for Rental Homes in Russell?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Russell ranges from $695 to $1,900 with an average monthly rent of $1,199.

How much are larger Three and Four Bedroom Rentals in Russell?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Russell range from $795 to $6,880, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $1,800. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $1,161.

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 The 10 Best Affordable Neighborhoods for Renting in Louisville, KY article

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.

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.

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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.

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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.