Cheap Homes for Rent in Jefferson County, KY from $500 (300 Rentals)

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Search the lowest-cost Homes available for rent right now in Jefferson County.

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.

property at 2300 W Madison St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

2 Bedroom, 1 Bath Home for Rent

Available Now

2300 W Madison St

LouisvilleKY40211
property at 421 S 27th St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

2 Bedroom, 1 Bath Home for Rent

Available Now

421 S 27th St

LouisvilleKY40212

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.

property at 2317 Ratcliffe Ave

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

2 Bedroom, 1 Bath Home for Rent

Available Now

2317 Ratcliffe Ave

LouisvilleKY40210

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.

property at 3215 Virginia Ave

$924

Total Monthly Price

Total Monthly Price

Base Rent
$924

Total Monthly Price
$924

1 Bedroom, 1 Bath Home for Rent

Available Now

3215 Virginia Ave

LouisvilleKY40211

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Cheapest Available Jefferson County Apartments for Rent

 

The cheapest available apartment rental in Jefferson County, KY is a Studio unit found at The Puritan Senior Living - 62 & Over in the Phoenix Hill neighborhood priced from $200. The Prestonian in the Medical Center neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $543. Here is today’s list of the most affordable Jefferson County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Puritan Senior Living - 62 & OverStudioStudio,1BA$200
The Prestonian1A1BR,1BA$543
Park At Hurstbourne1 Bedroom 1 Bath - StudioStudio,1BA$700
Lofts on OrmsbyStudioStudio,1BA$700
800 Towers ApartmentsStudioStudio,1BA$715
Serenity Court ApartmentsEfficiencyStudio,1BA$741
Southwood1 Bed, 1 bath1BR,1BA$749
Iroquois Green1 Bedroom - Garden Level1BR,1BA$755

Best Value Apartments for Rent in Jefferson County, KY

As of May 31, 2026 the best value apartment in the Jefferson County area is the $0.92 price per square foot 2 Bedroom, 2 Bathroom Model at Hunters Run in the in the South Louisville neighborhood starting from $1,065. The second greatest value Jefferson County apartment is the Two bedroom Model at By the Park starting at $930 with a $0.93 price per square foot in the Jacobs neighborhood. Here is today’s list of the best values for Jefferson County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hunters Run2 Bedroom, 2 Bathroom2BR,2BA$0.92
By the ParkTwo bedroom2BR,1BA$0.93
2014 W Main St, Unit 1F2014 W Main St2BR,1BA$0.80
1436 S 3rd St, Unit #11436 S 3rd St1BR,1BA$0.99
1423 Debarr St, Unit 21423 Debarr St1BR,1BA$0.96
4700 Walnut Grove Ave, Unit 14700 Walnut Grove Ave2BR,1BA$0.89
Furlong Apartments2 Bedroom/1Bath2BR,1BA$0.92
Greenwood Place Apartments1+11BR,1BA$0.98
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$0.96
3149 Vermont Ave, Unit 3149 Vermont Ave3149 Vermont Ave2BR,1BA$0.99

Frequently Asked Questions about Jefferson County

What type of rentals are currently available in Jefferson County?

There are currently 2568 Apartments for Rent in Jefferson County, KY with pricing that ranges from $200 to $8,229. There are also 569 Single Family Homes for rent, Condos, and Townhome rentals currently available in Jefferson County ranging from $550 to $8,000.

What is the current price range for Rental Homes in Jefferson County?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Jefferson County ranges from $550 to $8,000 with an average monthly rent of $1,608.

How much are larger Three and Four Bedroom Rentals in Jefferson County?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Jefferson County range from $707 to $5,606, while Three Bedroom Homes, Condos, and Townhomes for rent range from $722 to $8,000. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $629.

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.

Articles, How-To's, and Tips

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.