909 Fairland St
BentonIL62812
Cheap Homes for Rent near Louisville, IL from $336 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Louisville.
272 S Shannon St
RichviewIL62877
404 N Carroll St
Norris CityIL62869
110 Daleview Dr
VincennesIN47591
100 Daleview Dr
VincennesIN47591
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
1931 College Ave
VincennesIN47591
2025 College Ave
VincennesIN47591
510 Ellen Dr
CarmiIL62821
1520 Main St
VincennesIN47591
2913 N Brownsville Rd
Mount VernonIL62864
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
407 2nd St
CarmiIL62821
413 3rd St
CarmiIL62821
226 Steven St
CarmiIL62821
205 North St
RaymondIL62560
220 S Main St
GriffinIN47616
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.
332 N French St
SullivanIN47882
Showing Results 1-16, Page 1 of 1
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 a home in Louisville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Louisville 2 Bedroom Homes for Rent | $882 | $336 | $1,395 |
| Louisville 3 Bedroom Homes for Rent | $1,181 | $499 | $2,500 |
Browse Top Homes for Rent in Louisville
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Louisville, IL Local Guide
- Nearby Cities
- ZIP codes
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- 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 Westport Apartments priced from $484. 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 |
|---|---|---|---|
| Westport Apartments | One Bedroom | 1BR,1BA | $484 |
| Arthur Ave Apartments | 1x1 | 1BR,1BA | $610 |
| 1041 7th Street, Charleston | 1BR/1.0BA | 1BR,1BA | $639 |
| Valoré at Hidden Hills | The Dogwood - One Bedroom Apartment Home | 1BR,1BA | $675 |
| Southern Meadows | 1 Bed Apt | 1BR,1BA | $695 |
Best Value Apartments for Rent in Louisville, IL and Nearby
As of August 27, 2026 the best value apartment in the Louisville area is the $0.99 price per square foot 3 Bed 2.5 Bath Model at Panther Heights in the starting from $1,380. The second greatest value Louisville apartment is the 3 Bdrm Model at McKay Manor starting at $800 with a $0.63 price per square foot in the Clinton County neighborhood. 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. |
|---|---|---|---|
| Panther Heights | 3 Bed 2.5 Bath | 3BR,2.5BA | $0.99 |
| McKay Manor | 3 Bdrm | 3BR,2BA | $0.63 |
| Eagle Village - Historical Access | 4BR/2BA - Furnished | 4BR,2BA | $0.47 |
| The Millennium Apartments | Millennium Apartments 2BR/2BA 26/27 Waiting List | 2BR,2BA | $0.51 |
| Melrose on 4th | Melrose Apartments 2BR/2BA 26/27 Waiting List | 2BR,2BA | $0.55 |
| North Park | Harrington | 2BR,1BA | $0.95 |
| Royal Heights | Royal Heights 2 Bed w/ Study & 1.5 Bath | 3BR,1.5BA | $0.38 |
| The Raymond Apartments | Two bedroom | 2BR,1BA | $1.00 |
| Westport Apartments | One Bedroom | 1BR,1BA | $0.71 |
| Arthur Ave Apartments | 1x1 | 1BR,1BA | $0.97 |
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.
Read Article
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.
Read Article
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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
Frequently Asked Questions about Louisville
What type of rentals are currently available in Louisville?
There are currently 59 Apartments for Rent in Louisville, IL with pricing that ranges from $124 to $2,850. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Louisville ranging from $336 to $2,500.
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 $336 to $2,500 with an average monthly rent of $948.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.