Cheap Apartments for Rent in Louisville, AL from $400 (17 Rentals)

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

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.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Louisville, AL Local Guide

Cheapest Available Louisville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Louisville, AL is a 4 Beds unit found at University Corners priced from $450. Wooddale Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Louisville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
University Corners4 Bedroom 2 Bath4BR,2BA$450
Wooddale ApartmentsWooddale, Oakdale, Shady Oaks1BR,1BA$600
Camellia Commonsone bed1BR,1BA$625
Willow Terrace ApartmentsThe Julianne1BR,1BA$650
Meadow Ridge Apartments1 Bedroom1BR,1BA$750

Best Value Apartments for Rent in Louisville, AL and Nearby

As of June 04, 2025 the best value apartment in the Louisville area is the $0.94 price per square foot 2 x 2 Renovated Model at The Tarragon Apartments in the starting from $1,239. The second greatest value Louisville apartment is the 3BR/2BA Model at Beacon Ridge Apartments starting at $960 with a $0.81 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.
The Tarragon Apartments2 x 2 Renovated2BR,2BA$0.94
Beacon Ridge Apartments3BR/2BA3BR,2BA$0.81
Summerwood Townhomes2 BEDROOM 1.5 BATHROOM TOWNHOME2BR,1.5BA$0.86
Summer Court Townhomes2BR/1.5BA2BR,1.5BA$0.89
Rock Creek2 Bedroom/1.5 Bathroom Townhouse2BR,1.5BA$0.98
Heron Cove2 BEDROOM2BR,2BA$0.91
Oates Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$0.83
University Corners2x1 Renovated2BR,1BA$0.66
Eastgate Landing ApartmentsDownstairs2BR,1BA$0.92
Camellia Commonstwo bed (deluxe)2BR,1BA$0.86

Quick Rent Budget Calculator

How much rent can you afford?

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

Explore Louisville, AL Rentals by Map

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Getting Around Louisville, AL

Walk Score®

13 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

22 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $600 at Wooddale 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 $520 at University Corners.

What is the most affordable Louisville Three Bedroom Apartment?

The best deal on a cheap Louisville Three Bedroom Apartment rental is at Willow Terrace Apartments and starts from $875.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.