Cheap Apartments for Rent in St Matthews, KY from $600 (78 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in St Matthews.

property at 2220 Heather Ln

2220 Heather Ln

LouisvilleKY40218

Louisville's Best Affordable Neighborhoods

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

St Matthews, KY Local Guide

Cheapest Available St Matthews Apartments for Rent

 

The cheapest available apartment rental in St Matthews, KY is a 1 Bed unit found at Addison Park Apartments in the Hayfield Dundee neighborhood priced from $788. Bridgepointe Crossing in the Southern Indiana neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $804. Here is today’s list of the most affordable St Matthews apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Addison Park ApartmentsOne Bed One Bath1BR,1BA$788
Bridgepointe Crossing1 br1BR,1BA$804
Hidden CreekOne Bed One Bath 8501BR,1BA$870
Bridgepoint Apartments2 Bed, 1 Bath Flat2BR,1BA$870
Madrid ApartmentsHUN1B/1B1BR,1BA$885
Mallard Crossing at St. MatthewsStudio BStudio,1BA$895
Ashbury Ridge2 Bedroom2BR,1BA$899
Villages of Hikes PointVillages of Hikes Pointe | 2B/1BA2BR,1BA$900
2606 Le Blanc Ct.1BR/1.0BA1BR,1BA$900
2600 Le Blanc Ct.1BR/1.0BA1BR,1BA$900

Best Value Apartments for Rent in St Matthews, KY

As of April 13, 2025 the best value apartment in the St Matthews area is the $1.02 price per square foot The 3x3 Model at Eagles Eyrie in the in the Crescent Hill neighborhood starting from $1,625. The second greatest value St Matthews apartment is the Two Bed One Bath 950 Model at Hidden Creek starting at $1,040 with a $1.09 price per square foot in the Oak Park neighborhood. Here is today’s list of the best values for St Matthews apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Eagles EyrieThe 3x33BR,3BA$1.02
Hidden CreekTwo Bed One Bath 9502BR,1BA$1.09
Bridgepoint Apartments2 Bed, 1.5 Bath TH with W/D Hook-Up2BR,1.5BA$1.04
Westbury Harbour1 bedroom 1 bath1BR,1BA$1.06
3810 Leland Rd, Unit 113810 Leland Rd1BR,1BA$1.03
Nora2 Bedroom 1 Bathroom2BR,1BA$1.21
323 Ridgedale Rd, Unit 3323 Ridgedale Rd2BR,1BA$1.06
Villages of Hikes PointVillages of Hikes Pointe | 2B/1BA2BR,1BA$1.03
Ashbury Ridge2 Bedroom2BR,1BA$1.17
Bridgepointe Crossing1 br1BR,1BA$1.16

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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore St Matthews, KY Rentals by Map

View MapSt Matthews, KY Apartments MapView MapSt Matthews, KY Rental Homes Map

Getting Around St Matthews, KY

Walk Score®

63 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

51 / 100

Bikeable

Some bike infrastructure

Transit Score®

36 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap St Matthews Apartments

What is the Cheapest Studio apartment in St Matthews?

Currently the most affordable Cheap Studio Apartment in St Matthews is at Mallard Crossing at St. Matthews listed at $895.

How much is rent for a Cheap One Bedroom St Matthews Apartment?

The lowest price for a Cheap One Bedroom St Matthews Apartment is $788 at Addison Park Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in St Matthews is starting from $863 at Addison Park Apartments.

What is the most affordable St Matthews Three Bedroom Apartment?

The best deal on a cheap St Matthews Three Bedroom Apartment rental is at Westbury Harbour and starts from $1,219.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.