Cheap Apartments for Rent in Fairdale, KY from $400 (50 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Oakwood Landings
Rent Specials
$1,115 - $1,480
Total Monthly Price

Total Monthly Price

Base Rent
$1,115 - $1,480

Total Monthly Price
$1,115 - $1,480
1 to 2 Bedroom Apartments Available Now

Oakwood Landings

5141 Commerce Crossings DrLouisville, KY 40229
Eco-Friendly
  • Verified
  • Utilities Included
  • 3D Tour
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Glen Hollow Apartments
1 to 2 Bedroom Apartments

Glen Hollow Apartments

800 Glen Hollow DrLouisville, KY 40214
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Meadowood Apartments
2 Bedroom Apartments

Meadowood Apartments

304 Meadowood CtLouisville, KY 40214
  • Utilities Included
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Linda's Place (Age 62+ )
1 to 2 Bedroom Apartments

Linda's Place (Age 62+ )

785 Running Creek DrShepherdsville, KY 40165
Senior Living
  • Utilities Included
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New Cut Apartments
1 to 2 Bedroom Apartments

New Cut Apartments

5458 New Cut RdLouisville, KY 40214
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Park Place Apartments
2 Bedroom Apartments

Park Place Apartments

7500 Cranfill WayLouisville, KY 40214
Corporate Housing
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Pinecroft Apartments
1 Bedroom Apartments

Pinecroft Apartments

4115-4117 Pinecroft DrLouisville, KY 40219
Senior Living
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Royal Gardens
1 to 2 Bedroom Apartments

Royal Gardens

1004 Royal Gardens CtLouisville, KY 40214
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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309 Prairie Dr
Studio to 2 Bedroom Apartments

309 Prairie Dr

309 Prairie DrLouisville, KY 40229
  • Utilities Included
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Country Place
2 Bedroom Apartments

Country Place

9643 Lamborne BlvdLouisville, KY 40272
  • Utilities Included

Bourbon, Baseball, and the Blues: Your Insider's Guide to Louisville, Kentucky

There's more to Louisville than the Kentucky Derby. Get a local insider's take on the best bourbon tours, dining, music venues, horse racing, and cultural experiences the city has to offer.

Fairdale, KY Local Guide

Cheapest Available Fairdale Apartments for Rent

 

The cheapest available apartment rental in Fairdale, KY is a Studio unit found at Serenity Court Apartments in the Highview neighborhood priced from $741. Yvonne Apartments in the South Louisville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here is today’s list of the most affordable Fairdale apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Serenity Court ApartmentsEfficiencyStudio,1BA$741
Yvonne Apartments1BR/1BA1BR,1BA$795
Parkridge Pointe1 Bedroom1BR,1BA$800
Bridlewood Crossing2 Bedroom2BR,1BA$820
Indigo at the Park1 Bedroom 1 Bathroom1BR,1BA$849
New Cut Apartments1BR/1.0BA1BR,1BA$850
Park Place Apartments2 Bed 2 Bath - B12BR,2BA$895
Falcon Crest Apartments1.11BR,1BA$899
Pinecroft Apartments1BR/1.0BA1BR,1BA$925
The Stratton1BR1BA- A1BR,1BA$949

Best Value Apartments for Rent in Fairdale, KY

As of June 13, 2026 the best value apartment in the Fairdale area is the $1.16 price per square foot 2 Bed 1.5 Bath Classic - TH2 Model at Park Place Apartments in the in the South Louisville neighborhood starting from $1,195. The second greatest value Fairdale apartment is the 2 Beds, 1 Bath w Fireplace Model at Bonaventure starting at $1,095 with a $1.12 price per square foot in the South Louisville neighborhood. Here is today’s list of the best values for Fairdale apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Park Place Apartments2 Bed 1.5 Bath Classic - TH22BR,1.5BA$1.16
Bonaventure2 Beds, 1 Bath w Fireplace2BR,1BA$1.12
Overlook Terraces2 Bedroom2BR,2BA$1.23
Radius West2 Bedroom 1 Bath - Standard2BR,1BA$1.17
Austin Park Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.18
New Cut Apartments1BR/1.0BA1BR,1BA$1.10
Falcon Crest Apartments1.11BR,1BA$1.19
Indigo at the Park1 Bedroom 1 Bathroom1BR,1BA$1.13
Serenity Court ApartmentsEfficiencyStudio ,1BA$1.06
Yvonne Apartments1BR/1BA1BR,1BA$1.22

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Louisville, KY | Find Louisville Off-Campus Student Housing at ApartmentHomeLiving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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

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Frequently Asked Questions about Cheap Fairdale Apartments

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

The lowest price for a Cheap One Bedroom Fairdale Apartment is $795 at Yvonne Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Fairdale is starting from $820 at Bridlewood Crossing.

What is the most affordable Fairdale Three Bedroom Apartment?

The best deal on a cheap Fairdale Three Bedroom Apartment rental is at Falcon Crest Apartments and starts from $1,250.

Expert Rental Resources

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.

Helpful Local Expert Guides

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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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The Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters

Written by: Mike Heuer

Louisville is a terrific location to get an advanced education at one of its many great colleges and universities.

decorative image for Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers article

Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers

Written by: Mike Heuer

Kentucky is a business-friendly commonwealth, and Louisville is its largest city. It also is home to many great employers who pay well, and their workers have lots of great choices in neighborhoods to rent great apartments.

decorative image for Bourbon, Baseball, and the Blues: Your Insiders Guide to Louisville, Kentucky article

Bourbon, Baseball, and the Blues: Your Insiders Guide to Louisville, Kentucky

Written by: Mike Heuer

Louisville is one great city in which to visit, live, work, and raise a family. It has excellent and reasonably affordable housing, great neighborhoods, and a whole lot more to offer its residents and visitors alike.

Articles, How-To's, and Tips

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.