Cheap Apartments for Rent in the South Side Neighborhood of Louisville, KY from $500 (52 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

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Cedar Springs Apartments
Studio to 3 Bedroom Apartments

Cedar Springs Apartments

9205 Cedar Springs PlzLouisville, KY 40291
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Eric Court Apartments
1 to 2 Bedroom Apartments

Eric Court Apartments

113 E Eric CtLouisville, KY 40219
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Louisville 53
Studio to 2 Bedroom Apartments

Louisville 53

1139 Minor LnLouisville, KY 40219
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Westminster Apartments
1 Bedroom Apartments

Westminster Apartments

2116 Buechel Bank RdLouisville, KY 40218
Senior Living
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Maplewood
1 to 3 Bedroom Apartments

Maplewood

4860 Fegenbush LnLouisville, KY 40228
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Tymberwood Trace
1 to 2 Bedroom Apartments

Tymberwood Trace

7500 Beechview WayLouisville, KY 40219

Louisville's Best Affordable Neighborhoods

Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer

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Medallion Court
2 Bedroom Apartments

Medallion Court

4200 Medallion CtLouisville, KY 40219
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Chateau Royale
2 Bedroom Apartments

Chateau Royale

3700 Chateau LnLouisville, KY 40219
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Oak Run Apartments
2 Bedroom Apartments

Oak Run Apartments

763 McCawley RdLouisville, KY 40219
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The Lux Townhomes
2 Bedroom Apartments

The Lux Townhomes

2901 Lakeheath DrLouisville, KY 40213
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Willow Green
1 to 3 Bedroom Apartments

Willow Green

7121 Fern Ridge RdLouisville, KY 40228
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Showing Results 1-50, Page 1 of 2

South Side, Louisville, KY Local Guide

Cheapest Available South Side Apartments for Rent

 

The cheapest available apartment rental in the South Side area of Louisville, KY is a 2 Beds unit found at Louisville 53 priced from $650. Serenity Court Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $741. Here are the most affordable South Side apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Louisville 532 bedroom, 1 bath2BR,1BA$650
Serenity Court ApartmentsEfficiencyStudio,1BA$741
The Lofts at Pinecroft1 bedroom, 1 bath2BR,1BA$795
Eleven Oaks ApartmentsEleven Oaks - 1 Bedroom Apartment1BR,1BA$805
AshgroveStudioStudio,1BA$805
Bardstown ForestStudioStudio,1BA$805
Vines at Stony Brook1 x 11BR,1BA$825
Cumberland Apartments1 Bed, 1 bath1BR,1BA$829
Breckinridge Park ApartmentsThe Bowman1BR,1BA$880
The Lux TownhomesLily2BR,1BA$899

Best Value Apartments for Rent in South Side, KY

As of May 14, 2025 the best value apartment in the South Side area is the $1.03 price per square foot B1 Model at Avalon Springs in the in the Fern Creek neighborhood starting from $1,216. The second greatest value South Side apartment is the 2A Model at The Willard at Preston Crossing starting at $1,334 with a $1.18 price per square foot in the South Side neighborhood. Here is today’s list of the best values for South Side apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Avalon SpringsB12BR,2BA$1.03
The Willard at Preston Crossing2A2BR,2BA$1.18
Lone Oak Meadows2 Bedroom 2 Bath2BR,2BA$1.13
Preston OaksPaint2BR,1.5BA$1.10
The Lux TownhomesLily2BR,1BA$1.00
Avery1 Bedroom 1 Bath1BR,1BA$1.18
Serenity Court Apartments2 Bedroom2BR,1BA$1.08
Preston GardensBellflower1BR,1BA$1.09
Falcon Crest Apartments1x1 7581BR,1BA$1.19
The Lofts at Pinecroft1 bedroom, 1 bath2BR,1BA$1.14

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.

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Pet Friendly Lifestyle
South Side, Louisville, KY

Ranked #155

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
South Side, Louisville, KY

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com is proud to bring you Lifestyle Ratings of neighborhoods, cities, and rental properties across Kentucky and customized analysis for Southern Louisville, KY. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, pet-friendly features, features that make it easier to raise kids, proximity to transit, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the South Side Neighborhood in Louisville, KY

Walk Score®

38 / 100

Car-Dependent

Most errands require a car

Bike Score®

42 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

33 / 100

Some Transit

A few 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 South Side Apartments

What is a cheap apartment in South Side?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Side is under $899.

What is the price of a cheap apartment in South Side?

The cheapest apartment in South Side is Eleven Oaks Apartments which is listed at $805, while the average apartment in South Side costs $2,194.

What types of apartments are the cheapest in South Side?

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 7 regular apartments in South Side 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 South Side?

Cheap apartments in South Side have an average cost of $130 which is $2,064 cheaper than the average rent for all rentals in South Side.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.