
Cheap Homes for Rent in Louisville, TN from $1,300 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Louisville.


81 Madrid Ct

431 Canberra Dr

1110 Franck St

455 Bramblewood Ln
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1730 Colony Dr

1837 Lively Rd

125 Lindell Way

860 Burroughs Rd

1379 Dalton St
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.
Louisville, TN 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 | $1,670 | $1,350 | $2,100 |
| Louisville 3 Bedroom Homes for Rent | $2,214 | $1,600 | $3,500 |
| Louisville 4 Bedroom Homes for Rent | $3,765 | $3,395 | $4,500 |
Browse Top Homes for Rent in Louisville
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Louisville, TN Local Guide
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Cheapest Available Louisville Apartments for Rent and Nearby
 The cheapest available apartment rental in Louisville, TN is a Studio unit found at Cedar Hill in the West Hills neighborhood priced from $945. Hudson on the Greenway in the West Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,049. Here is today’s list of the most affordable Louisville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cedar Hill | Studio One Bath Open | Studio,1BA | $945 |
| Hudson on the Greenway | 1 Bedroom | One Bathroom | 1BR,1BA | $1,049 |
| The District Knoxville | Move In Special-January | 1BR,1BA | $1,100 |
Best Value Apartments for Rent in Louisville, TN and Nearby
As of April 10, 2026 the best value apartment in the Louisville area is the $1.28 price per square foot 3B townhouse Model at Deane Hill Apartments in the in the West Hills neighborhood starting from $1,699. The second greatest value Louisville apartment is the The Abbingdon Model at The Villas of Emerald Woods starting at $1,767 with a $1.53 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. |
|---|---|---|---|
| Deane Hill Apartments | 3B townhouse | 3BR,2.5BA | $1.28 |
| The Villas of Emerald Woods | The Abbingdon | 2BR,2.5BA | $1.53 |
| River Hill Townhomes | Cobalt | 2BR,1.5BA | $1.36 |
| Raintree Apartments | Style 1 | 2BR,1BA | $1.21 |
| Johnathan's Ridge Apartments | Two Bedroom | 2BR,1BA | $1.37 |
| Tiffany Square | 2 Bedroom | 2BR,1.5BA | $1.58 |
| The Reserve at Maryville Apartments | A - The Bellevue | 1BR,1BA | $1.57 |
| The Reserve at Raintree | 1 Bedroom | 1BR,1BA | $1.49 |
| Mountain View | 1 Bedroom | 1BR,1BA | $1.57 |
| Hudson on the Greenway | 1 Bedroom | One Bathroom | 1BR,1BA | $1.54 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleKnoxville's College Scene: An Expert's Deep Dive into Local Universities and Top Student Neighborhoods for Renting
Searching for student housing in Knoxville? Discover affordable rentals in neighborhoods near top colleges in Knoxville, TN.
Read ArticleDon'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 ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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.
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
Frequently Asked Questions about Louisville
What type of rentals are currently available in Louisville?
There are currently 53 Apartments for Rent in Louisville, TN with pricing that ranges from $850 to $3,799. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Louisville ranging from $1,350 to $5,500.
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 $1,350 to $5,500 with an average monthly rent of $3,287.
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

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.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.