4215 Norene Ln
LouisvilleKY40219
Cheap Homes for Rent in Watterson Park Neighborhood of Louisville, KY from $800 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Watterson Park 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.
4203 Norene Ln
LouisvilleKY40219
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
5804 Loretta St
LouisvilleKY40213
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.
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Watterson Park, Louisville, KY Local Guide
How much does it cost to rent a home in Watterson Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Watterson Park 2 Bedroom Homes for Rent | $1,198 | $899 | $1,595 |
| Watterson Park 3 Bedroom Homes for Rent | $1,665 | $1,200 | $2,400 |
| Watterson Park 4 Bedroom Homes for Rent | $1,555 | $1,555 | $1,555 |
| Watterson Park 5 Bedroom Homes for Rent | $2,899 | $2,899 | $2,899 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Watterson Park Neighborhood of Louisville, KY.
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Watterson Park, Louisville, KY Local Guide
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Best Value Apartments for Rent in Watterson Park, KY
As of May 16, 2025 the best value apartment in the Watterson Park area is the $1.10 price per square foot Paint Model at Preston Oaks in the in the South Louisville neighborhood starting from $1,049. The second greatest value Watterson Park apartment is the Lily Model at The Lux Townhomes starting at $899 with a $1.00 price per square foot in the South Louisville neighborhood. Here is today’s list of the best values for Watterson Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Preston Oaks | Paint | 2BR,1.5BA | $1.10 |
| The Lux Townhomes | Lily | 2BR,1BA | $1.00 |
| Maple Valley Apartments | Maple Valley 2 Bedroom | 2BR,1BA | $1.22 |
| Turtle Creek Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.11 |
| Ventana | One Bedroom | One Bathroom | 750 Square Feet B | 1BR,1BA | $1.33 |
| Icon Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.25 |
| Meadow Creek | Meadow Creek Apartments | 1BR,1BA | $1.28 |
| Royal Arms of Louisville | 1x1 | 1BR,1BA | $1.31 |
| Eleven Oaks Apartments | Eleven Oaks - 1 Bedroom Apartment | 1BR,1BA | $1.25 |
| Addison Park Apartments | One Bed One Bath | 1BR,1BA | $1.31 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Watterson Park
What type of rentals are currently available in Watterson Park?
There are currently 163 Apartments for Rent in Watterson Park, KY with pricing that ranges from $200 to $2,250. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Watterson Park ranging from $899 to $2,899.
What is the current price range for Rental Homes in Watterson Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Watterson Park ranges from $899 to $2,899 with an average monthly rent of $1,829.
How much are larger Three and Four Bedroom Rentals in Watterson Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Watterson Park range from $1,135 to $2,250, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,555 and Four Bedroom Apartments start at $1,555.
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.
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.
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.
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.