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The Prestonian
712-715 E Gray StLouisville, KY 40202
Cheap Apartments for Rent in the University Neighborhood of Louisville, KY from $400 (6 Rentals)
Explore the Best Cheap Apartments in University area of Louisville for Renters Looking for a Great Deal on Lower Cost Rent for the Area.
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from $799Studio to 1 Bedroom Apartments Available Now
Vue at 3rd Street
537 S 3rd StLouisville, KY 40202
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University, Louisville, KY Local Guide
How much does it cost to rent an apartment in University?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Studio Apartments | $1,041 | $708 | $1,410 |
| University 1 Bedroom Apartments | $1,208 | $476 | $1,666 |
| University 2 Bedroom Apartments | $1,367 | $570 | $2,333 |
| University 3 Bedroom Apartments | $1,300 | $400 | $2,886 |
| University 4 Bedroom Apartments | $818 | $535 | $2,808 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the University Neighborhood of Louisville, KY.
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University, Louisville, KY Local Guide
- Nearby Louisville neighborhoods
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Cheapest Available University Apartments for Rent
The cheapest available apartment rental in the University area of Louisville, KY is a 1 Bed unit found at The Prestonian priced from $476. Yugo Louisville Nine has the second lowest priced unit, which is a 4 Beds apartment currently listed from $699. Here are the most affordable University apartments for rent in Louisville, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Prestonian | 1 Bed, 1 bath | 1BR,1BA | $476 |
| Yugo Louisville Nine | 4 Bed, 4 Bath Classic | 4BR,4BA | $699 |
| Vue at 3rd Street | Studio | Studio,1BA | $799 |
Best Value Apartments for Rent in University, KY
As of January 01, 2025 the best value apartment in the University area is the $1.30 price per square foot 1506 S 2nd St Model at 1506 S 2nd St, Unit 1506 in the in the Phoenix Hill neighborhood starting from $1,400. The second greatest value University apartment is the 1715 S 3rd St Model at 1715 S 3rd St, Unit 3 starting at $1,349 with a $1.35 price per square foot in the Phoenix Hill neighborhood. Here is today’s list of the best values for University apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1506 S 2nd St, Unit 1506 | 1506 S 2nd St | 3BR,2BA | $1.30 |
| 1715 S 3rd St, Unit 3 | 1715 S 3rd St | 4BR,1BA | $1.35 |
| The Prestonian | 1 Bed, 1 bath | 1BR,1BA | $0.53 |
| Yugo Louisville Nine | 2 Bed, 2 Bath Classic Pool View | 2BR,2BA | $1.05 |
| Derby Row | Student Housing | Belmont | 2BR,2BA | $1.03 |
| Maven @ 806 | 1x1 | 1BR,1BA | $1.55 |
| Trifecta | A3 | 1BR,1BA | $1.65 |
| Crescent Centre | Waterton | 1BR,1BA | $1.64 |
| 800 Towers Apartments | Studio | Studio ,1BA | $1.53 |
| Cardinal Village Apartments | 1x1 Renovated | 1BR,1BA | $1.73 |
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Pet Friendly Lifestyle
Ranked #
Pet Friendliness Lifestyle Score
Best Local Schools in University, Louisville, KY
School data provided by Great Schools
Best Local Schools in University, Louisville, KY
School data provided by Great Schools
Getting Around the University Neighborhood in Louisville, KY
Walk Score®
74 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
79 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
50 / 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 University Apartments
What is the Cheapest Studio apartment in University?
Currently the most affordable Cheap Studio Apartment in University is at Vue at 3rd Street listed at $799.
How much is rent for a Cheap One Bedroom University Apartment?
The lowest price for a Cheap One Bedroom University Apartment is $476 at The Prestonian.
What is the lowest price for a Cheap Two Bedroom University Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in University is starting from $570 at The Prestonian.
What is the most affordable University Three Bedroom Apartment?
The best deal on a cheap University 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.
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.
Navigating the World of Low-Income Housing: A Comprehensive Guide
Written by: Kevin Ready
Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.
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.
Real Estate Term Glossary: Your Guide to The A to Zs of Renting
Written by: Kevin Ready
Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.