Cheap Homes for Rent in Smoketown Neighborhood of Louisville, KY from $700 (12 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Smoketown, Louisville, KY Local Guide

Cheapest Available Smoketown Apartments for Rent

 

The cheapest available apartment rental in the Smoketown 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 Smoketown apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
The Puritan Senior Living - 62 & OverStudioStudio,1BA$200
Gateway on BroadwayTwo Bedroom2BR,1BA$542
Poplar TerraceStudioStudio,1BA$799
Vue at 3rd StreetStudioStudio,1BA$799
Germantown Village Apartments1 Bedrooms1BR,1BA$829

Best Value Apartments for Rent in Smoketown, KY

As of September 20, 2025 the best value apartment in the Smoketown area is the $0.80 price per square foot 1458 S 3rd St Model at 1458 S 3rd St, Unit 1458 South 3rd Street in the in the Phoenix Hill neighborhood starting from $2,000. The second greatest value Smoketown apartment is the 433 Park Ave Model at 433 Park Ave, Unit 1 starting at $1,800 with a $1.05 price per square foot in the Phoenix Hill neighborhood. Here is today’s list of the best values for Smoketown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1458 S 3rd St, Unit 1458 South 3rd Street1458 S 3rd St4BR,2BA$0.80
433 Park Ave, Unit 1433 Park Ave2BR,1BA$1.05
1402 Hepburn Ave, Unit 11402 Hepburn Ave1BR,2BA$1.11
Gateway on BroadwayOne Bedroom1BR,1BA$0.50
1703 S Preston St, Unit 11703 S Preston St1BR,1BA$1.10
The Cornerstone2 Bedroom2BR,1BA$1.11
Glassworks Lofts1 Bedroom - 1 Bathroom1BR,1BA$1.21
Derby Row | Student HousingThoroughbred2BR,2BA$1.00
1704 Rowan St, Unit 21704 Rowan St3BR,1BA$1.21
134 Waverly Ct, Unit Garage134 Waverly CtStudio ,0.5BA$1.00

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

Pet Friendly Lifestyle
Smoketown, Louisville, KY

Ranked #8

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Smoketown

What type of rentals are currently available in Smoketown?

There are currently 817 Apartments for Rent in Smoketown, KY with pricing that ranges from $200 to $7,853. There are also 87 Single Family Homes for rent, Condos, and Townhome rentals currently available in Smoketown ranging from $750 to $3,100.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Smoketown ranges from $750 to $3,100 with an average monthly rent of $1,637.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Smoketown range from $759 to $6,880, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,045 to $3,100. Four Bedroom Single-Family rentals are also available starting from $1,399 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.

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 How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.