
Cheap Apartments for Rent in Louisville, TN from $700 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in Louisville.


Windy Lakes Apartments

2218 Payne Ave
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.

Tiffany Square

Camellia Trace

Cedar Hill

Northshore Woods
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.

The District Knoxville
Louisville, TN Local Guide

How much does it cost to rent an apartment in Louisville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Louisville Studio Apartments | $1,334 | $1,000 | $1,571 |
| Cheap Louisville 1 Bedroom Apartments | $1,517 | $760 | $2,165 |
| Cheap Louisville 2 Bedroom Apartments | $1,684 | $950 | $2,649 |
| Cheap Louisville 3 Bedroom Apartments | $2,039 | $1,250 | $3,339 |
Browse Top Apartments in Louisville
See all Apartments in LouisvilleExplore Louisville
Louisville, TN Local Guide
- Nearby Cities
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- School Districts
Cheapest Available Louisville Apartments for Rent
 The cheapest available apartment rental in Louisville, TN is a 2 Beds unit found at Riverside South in the South Knoxville neighborhood priced from $1,010. The District Knoxville in the West Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here is today’s list of the most affordable Louisville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Riverside South | 2 Bedroom F | 2BR,1BA | $1,010 |
| The District Knoxville | Move In Special-November/December | 1BR,1BA | $1,100 |
| Bridgeway Apartments | Ambassador | 1BR,1BA | $1,150 |
Best Value Apartments for Rent in Louisville, TN
As of December 04, 2025 the best value apartment in the Louisville area is the $1.21 price per square foot Preston Park Model at Preston Park in the in the Maryville Alcoa neighborhood starting from $2,850. The second greatest value Louisville apartment is the The Lincoln Model at The Villas of Emerald Woods starting at $2,235 with a $1.50 price per square foot in the West Knoxville 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. |
|---|---|---|---|
| Preston Park | Preston Park | 3BR,3.5BA | $1.21 |
| The Villas of Emerald Woods | The Lincoln | 3BR,2.5BA | $1.50 |
| Cottages at Cades Cove | WHISTLING | 3BR,2BA | $1.54 |
| Deane Hill Apartments | 3B townhouse | 3BR,2.5BA | $1.36 |
| The Everly | 3 Bedroom | 3BR,2BA | $1.31 |
| Raintree Apartments | Style 5 & 6 | 2BR,1.5BA | $1.27 |
| River Hill Townhomes | Cobalt | 2BR,1.5BA | $1.24 |
| Johnathan's Ridge Apartments | Two Bedroom | 2BR,1BA | $1.37 |
| Riverside South | 3 Bedroom B | 3BR,1BA | $1.46 |
| The Reserve at Raintree | 1 Bedroom | 1BR,1BA | $1.56 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick 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.
Pet Friendly LifestyleLouisville, TN
Ranked #61
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Louisville, TN Rentals by Map
See the most popular apartments and homes in Louisville, TN
Getting Around Louisville, TN
Walk Score®
11 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
10 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
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
What is the Cheapest Studio apartment in Louisville?
Currently the most affordable Cheap Studio Apartment in Louisville is at Copper Pointe listed at $1,179.
How much is rent for a Cheap One Bedroom Louisville Apartment?
The lowest price for a Cheap One Bedroom Louisville Apartment is $1,100 at The District Knoxville.
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 $1,010 at Riverside South.
What is the most affordable Louisville Three Bedroom Apartment?
The best deal on a cheap Louisville Three Bedroom Apartment rental is at Riverside South and starts from $1,310.
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.

An Expert Local Guide to Top Affordable Neighborhoods to Rent in Knoxville, TN
Written by: Wendy Melton
Knoxville is considered to be a jewel of the south. It is the largest city in the eastern half of Tennessee and home to the main campus of the University of Tennessee.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
