Cheap Homes for Rent in St Matthews, KY from $800 (13 Rentals)

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

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

Louisville's Best Affordable Neighborhoods

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

Read Article
Showing Results 1-13, Page 1 of 1

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. Villages of Hikes Point in the Bowman neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. 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
Villages of Hikes PointVillages of Hikes Point - Waiting List (1b/1b)1BR,1BA$800
Bridgepointe Crossing2 br2BR,1BA$847
Madrid ApartmentsHUN1B/1B1BR,1BA$885
Hidden CreekOne Bed One Bath 8501BR,1BA$895

Best Value Apartments for Rent in St Matthews, KY

As of March 25, 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 Bedroom Two Bath Model at St. Francis Apartments "In the Highlands" starting at $1,230 with a $1.20 price per square foot in the Belknap 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
St. Francis Apartments "In the Highlands"Two Bedroom Two Bath2BR,2BA$1.20
Hidden CreekTwo Bed One Bath 9502BR,1BA$1.14
Westbury Harbour1 bedroom 1 bath1BR,1BA$1.02
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
Berkshire ApartmentsTwo Bedroom One Bath2BR,1BA$1.20
Ashbury Ridge2 Bedroom2BR,1BA$1.17
Bridgepointe Crossing1 br1BR,1BA$1.18

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

Frequently Asked Questions about St Matthews

What type of rentals are currently available in St Matthews?

There are currently 524 Apartments for Rent in St Matthews, KY with pricing that ranges from $729 to $4,340. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in St Matthews ranging from $825 to $5,900.

What is the current price range for Rental Homes in St Matthews?

Today's rental pricing for Homes for Rent, Condos and Townhomes in St Matthews ranges from $825 to $5,900 with an average monthly rent of $2,346.

How much are larger Three and Four Bedroom Rentals in St Matthews?

For those who are looking for larger living arrangements, Three Bedroom Apartments in St Matthews range from $1,179 to $4,340, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,375 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $1,649.

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.