Cheap Apartments for Rent in Louisville, AL from $400 (44 Rentals)

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Wooddale Apartments
$625 - $740
Total Monthly Price

Total Monthly Price

Base Rent
$625 - $740
Total Monthly Price
$625 - $740
1 Bedroom Apartments Contact Us For Availability

Wooddale Apartments

600 Folmar StTroy, AL 36081
Student Housing
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  • Customer Reviewed
  • Utilities Included

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.

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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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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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Virginia Terrace
1 to 2 Bedroom Apartments

Virginia Terrace

107 Virginia DrDothan, AL 36301
  • 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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Oates Estates Apartments
1 to 2 Bedroom Apartments

Oates Estates Apartments

3055 Flynn RdDothan, AL 36303
Corporate Housing
  • Utilities Included

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-44, Page 1 of 1

Louisville, AL Local Guide

Cheapest Available Louisville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Louisville, AL is a 1 Bed unit found at Lakepier Apartments priced from $480. University Corners has the second lowest priced unit, which is a 4 Beds apartment currently listed from $535. Here is today’s list of the most affordable Louisville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lakepier ApartmentsOne Bedroom1BR,1BA$480
University Corners4 Bedroom 2 Bath Renovated4BR,2BA$535
The Arch Troy - Historical Access3BR/3BA3BR,3BA$558
Wooddale ApartmentsWooddale, Oakdale, Shady Oaks1BR,1BA$625
Camellia Commonsone bed1BR,1BA$642
Forest Haven Apartmentsone bedroom1BR,1BA$650
Wuergler VillageOne Bedroom1BR,1BA$700
Meadow Ridge Apartments1 Bedroom1BR,1BA$750
Willow Terrace Apartments1 Bed/1 Bath1BR,1BA$799
Heron Cove1 BEDROOM1BR,1BA$835

Best Value Apartments for Rent in Louisville, AL and Nearby

As of June 22, 2026 the best value apartment in the Louisville area is the $0.53 price per square foot Franklin Model at Ivy Row Troy in the starting from $825. The second greatest value Louisville apartment is the 3br/2ba Model at Highlands Trail Apartments starting at $1,295 with a $0.88 price per square foot . Here is today’s list of the best values for Louisville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ivy Row TroyFranklin3BR,3.5BA$0.53
Highlands Trail Apartments3br/2ba3BR,2BA$0.88
Forest AcresHamilton3BR,2BA$0.90
University Corners4 Bedroom 2 Bath Renovated4BR,2BA$0.49
Rock Creek2 Bedroom/1 Bathroom2BR,1BA$0.94
Oates Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$0.89
The Arch Troy - Historical Access2BR/2BA - Upgrade2BR,2BA$0.76
Camellia Commonsone bed (suite)1BR,1BA$0.88
Forest Haven Apartmentsone bedroom1BR,1BA$1.00
Lakepier ApartmentsOne Bedroom1BR,1BA$0.79

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

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Frequently Asked Questions about Cheap Louisville Apartments

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

The lowest price for a Cheap One Bedroom Louisville Apartment is $480 at Lakepier Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Louisville is starting from $495 at Lakepier Apartments.

What is the most affordable Louisville Three Bedroom Apartment?

The best deal on a cheap Louisville Three Bedroom Apartment rental is at The Arch Troy - Historical Access and starts from $558.

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 Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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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.