
Cheap Homes for Rent in Watterson Park Neighborhood of Louisville, KY from $800 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Watterson Park area of Louisville.


4305 Norene Ln

4303 Norene Ln

4301 Norene Ln

3534 Leith Ln

3501 Paragon Ct

5109 Rangoon Way

5308 Alba Way
Louisville's Best Affordable Neighborhoods
Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer
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 | $1,132 | $899 | $1,595 |
Watterson Park 3 Bedroom Homes for Rent | $1,541 | $1,100 | $2,200 |
Watterson Park 4 Bedroom Homes for Rent | $1,766 | $1,645 | $1,890 |
Browse Homes for Rent in this Neighborhood
There are currently 8 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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Cheapest Available Watterson Park Apartments for Rent
 The cheapest available apartment rental in the Watterson Park area of Louisville, KY is a 1 Bed unit found at Addison Park Apartments priced from $788. Eleven Oaks Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $805. Here are the most affordable Watterson Park apartments for rent in Louisville, KY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Addison Park Apartments | One Bed One Bath | 1BR,1BA | $788 |
Eleven Oaks Apartments | Eleven Oaks - 1 Bedroom Apartment | 1BR,1BA | $805 |
Royal Arms of Louisville | 1x1 | 1BR,1BA | $825 |
Best Value Apartments for Rent in Watterson Park, KY
As of March 24, 2025 the best value apartment in the Watterson Park area is the $1.13 price per square foot 2 Bedroom Two Bathrooms Model at The Hemingway in the in the Hayfield Dundee neighborhood starting from $1,300. The second greatest value Watterson Park apartment is the 2209 Gerald Ct Model at 2209 Gerald Ct, Unit 1 starting at $1,100 with a $1.16 price per square foot in the Bowman 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. |
---|---|---|---|
The Hemingway | 2 Bedroom Two Bathrooms | 2BR,2BA | $1.13 |
2209 Gerald Ct, Unit 1 | 2209 Gerald Ct | 2BR,1BA | $1.16 |
Maple Valley | 2 Bedroom | 2BR,1BA | $1.21 |
The Lux Townhomes | 2 x 1 Lily B1 | 2BR,1BA | $1.08 |
Turtle Creek Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.06 |
Icon Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.29 |
Meadow Creek | Meadow Creek Apartments | 1BR,1BA | $1.29 |
Colony | 1 Bed, 1 bath | 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 |
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Frequently Asked Questions about Watterson Park
What type of rentals are currently available in Watterson Park?
There are currently 166 Apartments for Rent in Watterson Park, KY with pricing that ranges from $200 to $2,250. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Watterson Park ranging from $899 to $2,200.
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 $2,200 with an average monthly rent of $1,334.
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 $1,100 to $2,200. Four Bedroom Single-Family rentals are also available starting from $1,645 and Four Bedroom Apartments start at $1,699.
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.

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.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.