
Cheap Homes for Rent in Louisville, AL from $300 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Louisville.


272 S A Graham Blvd
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.

630 Newton Ave

141 Depot Ln
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.

307 S Brundidge St
Louisville, AL Local Guide

How much does it cost to rent a home in Louisville?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Louisville 2 Bedroom Homes for Rent | $950 | $700 | $1,200 |
Louisville 3 Bedroom Homes for Rent | $1,479 | $900 | $2,100 |
Louisville 4 Bedroom Homes for Rent | $1,815 | $1,400 | $2,600 |
Browse Top Homes for Rent in Louisville
Explore Louisville
Louisville, AL Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
University Corners | 4 Bedroom 2 Bath | 4BR,2BA | $450 |
Wooddale Apartments | Wooddale, Oakdale, Shady Oaks | 1BR,1BA | $600 |
Camellia Commons | one bed | 1BR,1BA | $625 |
Best Value Apartments for Rent in Louisville, AL and Nearby
As of May 29, 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 2 BEDROOM 1.5 BATHROOM TOWNHOME Model at Summerwood Townhomes starting at $950 with a $0.86 price per square foot . Here is today’s list of the best values for Louisville apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Tarragon Apartments | 2 x 2 Renovated | 2BR,2BA | $0.94 |
Summerwood Townhomes | 2 BEDROOM 1.5 BATHROOM TOWNHOME | 2BR,1.5BA | $0.86 |
Summer Court Townhomes | 2BR/1.5BA | 2BR,1.5BA | $0.89 |
Rock Creek | 2 Bedroom/1.5 Bathroom Townhouse | 2BR,1.5BA | $0.98 |
Beacon Ridge Apartments | 2BR/2BA | 2BR,2BA | $0.91 |
Oates Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $0.83 |
University Corners | 2x1 Renovated | 2BR,1BA | $0.66 |
Eastgate Landing Apartments | Downstairs | 2BR,1BA | $0.92 |
Camellia Commons | two bed (deluxe) | 2BR,1BA | $0.86 |
Willow Terrace Apartments | The Lexxie | 1BR,1BA | $0.98 |
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.
Frequently Asked Questions about Louisville
What type of rentals are currently available in Louisville?
There are currently 38 Apartments for Rent in Louisville, AL with pricing that ranges from $450 to $1,906. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Louisville ranging from $300 to $2,600.
What is the current price range for Rental Homes in Louisville?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Louisville ranges from $300 to $2,600 with an average monthly rent of $1,028.
How much are larger Three and Four Bedroom Rentals in Louisville?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Louisville range from $725 to $1,845, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $2,100. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $450.
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.

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.

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.

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.

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.