
Cheap Homes for Rent in Louisville, TN from $1,200 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Louisville.


1120 Franck St

3708 Moss 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.

431 Canberra Dr

3619 Cardin Ln

933 Warrior Hill Dr
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.

479 Bramblewood Ln
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 | $1,629 | $1,200 | $2,300 |
| Louisville 3 Bedroom Homes for Rent | $2,265 | $1,750 | $3,500 |
| Louisville 4 Bedroom Homes for Rent | $2,665 | $2,495 | $2,800 |
| Louisville 5 Bedroom Homes for Rent | $2,475 | $2,475 | $2,475 |
Browse Top Homes for Rent in Louisville
Explore Louisville
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 1 Bed unit found at The District Knoxville in the West Hills neighborhood priced from $900. Cedar Hill in the West Hills neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $935. Here is today’s list of the most affordable Louisville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The District Knoxville | Move In Special!!!! | 1BR,1BA | $900 |
| Cedar Hill | Studio One Bath Open | Studio,1BA | $935 |
| Tiffany Square | 2 Bedroom | 2BR,1BA | $1,020 |
Best Value Apartments for Rent in Louisville, TN and Nearby
As of May 27, 2026 the best value apartment in the Louisville area is the $1.23 price per square foot Preston Park Model at Preston Park in the in the Maryville Alcoa neighborhood starting from $2,900. The second greatest value Louisville apartment is the C - The Biltmore Model at The Reserve at Maryville Apartments starting at $1,874 with a $1.28 price per square foot in the Maryville Alcoa 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 | $1.23 |
| The Reserve at Maryville Apartments | C - The Biltmore | 3BR,2BA | $1.28 |
| Camellia Trace | The Appalachian | 3BR,2BA | $1.10 |
| The Villas on Wallace Road | Chesterfield | 3BR,2BA | $1.48 |
| Vintage Hunters Crossing Apartments | The Laurel | 3BR,2BA | $1.52 |
| Mountain View | 2BR Townhouse | 2BR,1.5BA | $1.22 |
| Heritage Lake Apartments | The Cherokee | 2BR,2BA | $1.33 |
| Amberleigh Bluff | B2 | 2BR,2BA | $1.52 |
| River Hill Townhomes | Cobalt | 2BR,1.5BA | $1.36 |
| Tiffany Square | 2 Bedroom | 2BR,1.5BA | $1.08 |
Knoxville'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 ArticleReal 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 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 55 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 $1,200 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 $1,200 to $5,500 with an average monthly rent of $2,634.
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 $1,275 to $3,799, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,495 and Four Bedroom Apartments start at $2,310.
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.
Helpful Local Expert Guides

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.

Knoxvilles College Scene: An Experts Deep Dive into Local Universities and Top Student Neighborhoods for Renting
Written by: Wendy Melton
Knoxville, Tennessee, is located in the heart of the Great Smoky Mountains. The quiet calm of the mountains is the perfect place for college students to study and focus on their education.

Knoxville Living: Mapping Your Next Apartment Near the Citys Biggest Businesses
Written by: Wendy Melton
With a population of over 190,000, Knoxville, Tennessee, is the third-largest city in the state. It sits adjacent to the Tennessee River.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.