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Sullivan Downtown Townhomes
833 E Davis StSullivan, IN 47882
Cheap Apartments for Rent in Louisville, IL from $300 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in Louisville.
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6th St Apartments
1132-1142 6th StCharleston, IL 61920
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Arthur Ave Apartments
1301-1311 Arthur AveCharleston, IL 61920
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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Flax Meadow Townhomes
216 Flax DrHighland, IL 62249
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from $6951 to 2 Bedroom Apartments Available Now
Southern Meadows Senior Living
1811 Pine StLawrenceville, IL 62439
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115 N Cherry St
CentraliaIL62801
6515 Uebelhack Rd
Mount VernonIN47620
1202 Jackson Ave
CharlestonIL61920
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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.
728 Renshaw Ave
CarmiIL62821
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204 5th St
CarmiIL62821
110 E Charles St
West FrankfortIL62896
205 North St
RaymondIL62560
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.
913 N Taylorville Blvd
TaylorvilleIL62568
1305 18th St
CharlestonIL61920
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Louisville, IL Local Guide
Field at dawn in Illinois by David Wilson is licensed under CC BY 2.0
How much does it cost to rent an apartment in Louisville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Louisville Studio Apartments | $1,367 | $898 | $1,500 |
| Louisville 1 Bedroom Apartments | $1,118 | $500 | $1,750 |
| Louisville 2 Bedroom Apartments | $1,107 | $630 | $2,500 |
| Louisville 3 Bedroom Apartments | $1,263 | $464 | $2,500 |
| Louisville 4 Bedroom Apartments | $1,249 | $1,249 | $1,249 |
Browse Top Apartments in Louisville
See all Apartments in LouisvilleExplore Louisville
Louisville, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Louisville Apartments for Rent and Nearby
The cheapest available apartment rental in Louisville, IL is a 1 Bed unit found at Rider Place priced from $500. Arthur Ave Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $610. Here is today’s list of the most affordable Louisville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rider Place | 1 Bedroom | 1BR,1BA | $500 |
| Arthur Ave Apartments | 1x1 | 1BR,1BA | $610 |
| Southern Meadows Senior Living | 1 Bed Apt | 1BR,1BA | $695 |
| Centralia Estates | Unit 78 | 3BR,2BA | $808 |
| North Park | McCallister | 1BR,1BA | $825 |
Best Value Apartments for Rent in Louisville, IL and Nearby
As of June 05, 2025 the best value apartment in the Louisville area is the $1.07 price per square foot Prime Living at Its Finest: Luxurious Stand-Alo... Model at Circle Point Villas in the starting from $1,650. The second greatest value Louisville apartment is the 3 Bedroom Model at The Millennium Apartments starting at $505 with a $0.41 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. |
|---|---|---|---|
| Circle Point Villas | Prime Living at Its Finest: Luxurious Stand-Alo... | 3BR,2BA | $1.07 |
| The Millennium Apartments | 3 Bedroom | 3BR,1BA | $0.41 |
| Centralia Estates | Unit 48 | 3BR,2BA | $1.03 |
| Eagle Village Student Housing | 4x2 Single Bed Furnished | 4BR,2BA | $0.42 |
| Vail Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.05 |
| North Park | Berkshire | 2BR,1.5BA | $1.05 |
| Royal Heights | 3 Person Occupancy | 3BR,1.5BA | $1.11 |
| Arthur Ave Apartments | 1x1 | 1BR,1BA | $0.97 |
| Wabash Riverfront Flats | 2 bed 1 Bath | 2BR,1BA | $0.95 |
| Rider Place | 1 Bedroom | 1BR,1BA | $0.92 |
Quick Rent Budget Calculator
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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!
Explore Louisville, IL Rentals by Map
See the most popular apartments and homes in Louisville, IL
Louisville, IL Apartments MapLouisville, IL Rental Homes MapGetting Around Louisville, IL
Walk Score®
21 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
34 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $500 at Rider Place.
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 $630 at Rider Place.
What is the most affordable Louisville Three Bedroom Apartment?
The best deal on a cheap Louisville Three Bedroom Apartment rental is at Rider Place and starts from $675.
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.