Cheap 3 Bedroom Apartments for Rent in the Algonquin Neighborhood of Louisville, KY from $675 (4 Rentals)

2113 Magazine St
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2723 Elliott Ave

1148 S 17th St
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Algonquin, Louisville, KY Local Guide

How much does it cost to rent an apartment in Algonquin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Algonquin Studio Apartments | $951 | $200 | $1,539 |
| Algonquin 1 Bedroom Apartments | $1,077 | $200 | $3,172 |
| Algonquin 2 Bedroom Apartments | $1,271 | $542 | $4,510 |
Algonquin 3 Bedroom Apartments | $1,372 | $675 | $6,880 |
| Algonquin 4 Bedroom Apartments | $948 | $599 | $4,716 |
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Algonquin, Louisville, KY Local Guide
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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.
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Read ArticleThe Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Louisville, KY | Find Louisville Off-Campus Student Housing at ApartmentHomeLiving.com
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 LifestyleAlgonquin, Louisville, KY
Ranked #66
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Algonquin, Louisville, KY
School data provided by Great Schools
Frequently Asked Questions about Cheap Algonquin Apartments
What is a cheap apartment in Algonquin?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Algonquin is under $850.
What is the price of a cheap apartment in Algonquin?
The cheapest apartment in Algonquin is The Cornerstone which is listed at $1,200, while the average apartment in Algonquin costs $1,585.
What types of apartments are the cheapest in Algonquin?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 94 regular apartments in Algonquin that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Algonquin?
Cheap apartments in Algonquin have an average cost of $359 which is $1,226 cheaper than the average rent for all rentals in Algonquin.
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

The 10 Best Affordable Neighborhoods for Renting in Louisville, KY
Written by: Mike Heuer
Louisville, Kentucky, founded in 1778, has grown to be the largest city in Kentucky and is a terrific city situated right along the south bank of the Ohio River.

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!
