
Cheap Homes for Rent in University Neighborhood of Louisville, KY from $1,300 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the University area of Louisville.


1435 S Floyd St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

2802 S 3rd St

2711 S 3rd St
Louisville's Best Affordable Neighborhoods
Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer

318 M St
University, Louisville, KY Local Guide

How much does it cost to rent a home in University?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
University 2 Bedroom Homes for Rent | $1,350 | $1,350 | $1,350 |
University 3 Bedroom Homes for Rent | $1,300 | $1,300 | $1,300 |
University 4 Bedroom Homes for Rent | $2,600 | $2,600 | $2,600 |
University 5 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
University 6 Bedroom Homes for Rent | $3,900 | $3,900 | $3,900 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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
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Cheapest Available University Apartments for Rent
 The cheapest available apartment rental in the University area of Louisville, KY is a Studio unit found at The Puritan Senior Living - 62 & Over priced from $200. Yugo Louisville Nine has the second lowest priced unit, which is a 4 Beds apartment currently listed from $709. Here are the most affordable University apartments for rent in Louisville, KY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Puritan Senior Living - 62 & Over | Studio | Studio,1BA | $200 |
Yugo Louisville Nine | 4 Bed, 4 Bath Classic Balcony | 4BR,4BA | $709 |
Germantown Village Apartments | 1 Bedrooms | 1BR,1BA | $819 |
Best Value Apartments for Rent in University, KY
As of April 29, 2025 the best value apartment in the University area is the $1.70 price per square foot 2 Bedroom A Model at Germantown Mill Lofts in the in the Phoenix Hill neighborhood starting from $1,895. The second greatest value University apartment is the 2BR/2.0BA Model at Station House Apartments starting at $1,295 with a $1.51 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. |
---|---|---|---|
Germantown Mill Lofts | 2 Bedroom A | 2BR,2BA | $1.70 |
Station House Apartments | 2BR/2.0BA | 2BR,2BA | $1.51 |
Yugo Louisville Nine | 2 Bed, 2 Bath Classic Pool View | 2BR,2BA | $1.05 |
Nichols Meadows | Flats | 2BR,1BA | $1.43 |
Lofts of Broadway | Brooklyn | 1BR,1BA | $1.31 |
Germantown Village Apartments | 1 Bedrooms | 1BR,1BA | $1.23 |
Beecher Terrace Apartments | 1 Bedroom* | 1BR,1BA | $1.59 |
Bradford Mills Lofts | A1 | 1BR,1BA | $2.20 |
Cardinal Village Apartments | 1x1 Lower Level | 1BR,1BA | $1.58 |
Quick Rent Budget Calculator
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Frequently Asked Questions about University
What type of rentals are currently available in University?
There are currently 121 Apartments for Rent in University, KY with pricing that ranges from $200 to $2,600. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in University ranging from $1,300 to $3,900.
What is the current price range for Rental Homes in University?
Today's rental pricing for Homes for Rent, Condos and Townhomes in University ranges from $1,300 to $3,900 with an average monthly rent of $2,530.
How much are larger Three and Four Bedroom Rentals in University?
For those who are looking for larger living arrangements, Three Bedroom Apartments in University range from $675 to $2,025, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $1,300. Four Bedroom Single-Family rentals are also available starting from $2,600 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.

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.

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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.