Cheap Apartments for Rent in the 40242 ZIP Code of Louisville, KY from $300 (24 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 40242 ZIP Code 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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The Grove at Lyndon
Studio to 2 Bedroom Apartments

The Grove at Lyndon

7716 Sundance DrLouisville, KY 40222

Louisville's Best Affordable Neighborhoods

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

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Louisville, KY Local Guide

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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Frequently Asked Questions about Cheap the 40242 ZIP Code Apartments

How much is rent for a Cheap One Bedroom 40242 Apartment?

The lowest price for a Cheap One Bedroom 40242 Apartment is $310 at Peaks of Ruston - Senior living.

What is the lowest price for a Cheap Two Bedroom 40242 Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in 40242 is starting from $675 at Royal Crest Apartments.

What is the most affordable 40242 Three Bedroom Apartment?

The best deal on a cheap 40242 Three Bedroom Apartment rental is at Gran Creûx Estate and starts from $795.

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.

decorative image for The 10 Best Affordable Neighborhoods for Renting in Louisville, KY article

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.