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from $200Studio to 1 Bedroom Apartments Available Now
The Puritan Senior Living - 62 & Over
1244 S 4th StLouisville, KY 40203
Cheap Apartments for Rent in the Algonquin Neighborhood of Louisville, KY from $300 (56 Rentals)
Search the lowest-cost Apartments available for rent right now in the Algonquin area of Louisville.
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from $5421 to 2 Bedroom Apartments Available Now
Gateway on Broadway
1405 W BroadwayLouisville, KY 40203
1002 S 28th St
LouisvilleKY40211
4116 W Broadway
LouisvilleKY40211
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Rent Specials
from $725Studio to 2 Bedroom Apartments Available Now
Lofts on Ormsby
512 W Ormsby AveLouisville, KY 40203
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from $7501 to 2 Bedroom Apartments Contact Us For Availability
The Chalet Village Apartment Community
3808 Dixie HwyLouisville, KY 40216
1516 S 2nd St
LouisvilleKY40208
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.
668 Lindell Ave
LouisvilleKY40211
1144 S 3rd St
LouisvilleKY40203
1231 S 4th St
LouisvilleKY40203
2816 W Kentucky St
LouisvilleKY40211
227 W Breckinridge St
LouisvilleKY40203
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from $8001 to 3 Bedroom Apartments Available Now
The Cornerstone
236 E Kentucky StLouisville, KY 40203
2733 Dumesnil St
LouisvilleKY40211
1215 S 1st St
LouisvilleKY40203
730 M St
LouisvilleKY40208
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from $8501 to 3 Bedroom Apartments Available Now
Vesta Derby Oaks (Patriot Derby)
3237 Utah AveLouisville, KY 40215
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from $8761 Bedroom Apartments Contact Us For Availability
J.O. Blanton House - Senior Living
850 W Muhammad Ali BlvdLouisville, KY 40203
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from $8901 to 2 Bedroom Apartments Available Now
The St. Francis Apartments
233 W BroadwayLouisville, KY 40202
732 S 32nd St
LouisvilleKY40211
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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from $799Studio to 1 Bedroom Apartments Available Now
Vue at 3rd Street
537 S 3rd StLouisville, KY 40202
540 W Evelyn Ave
LouisvilleKY40215
4113 S 3rd St
LouisvilleKY40214
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from $9101 Bedroom Apartments Available Now
Cardinal Village Apartments
1800 S 2nd StLouisville, KY 40208
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from $9201 to 2 Bedroom Apartments Available Now
Crescent Centre Apartments & Townhomes
657 S 3rd StLouisville, KY 40202
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from $9531 to 2 Bedroom Apartments Available Now
Flats on Fifth
430 W Muhammad Ali BlvdLouisville, KY 40202
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from $9701 to 3 Bedroom Apartments Available Now
Beecher Terrace Apartments
980 W Liberty StLouisville, KY 40203
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from $976Studio to 1 Bedroom Apartments Available Now
York Towers Apartments
201 York StLouisville, KY 40203
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from $865Studio to 2 Bedroom Apartments Available Now
800 Towers Apartments
800 S 4th StLouisville, KY 40203
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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from $9952 Bedroom Apartment Available Now
226 W Burnett Ave, Unit 218
226 W Burnett AveLouisville, KY 40208
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1 to 2 Bedroom Apartments
West Louisville - 1836 Algonquin Pkwy
1836 Algonquin PkwyLouisville, KY 40210
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Studio to 1 Bedroom Apartments
The Hillebrand House - Senior Living
1235 S 3rd StLouisville, KY 40203
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Studio to 1 Bedroom Apartments
Chapel House Senior Apartments - Age 62+
945 S 4th StLouisville, KY 40203
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Algonquin - One of the Best Affordable Neighborhoods in Louisville
Named as one of the Best Affordable Neighborhoods to rent in Louisville by our Louisville, KY Local Expert Mike Heuer. See how it ranks!
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 | $1,169 | $200 | $1,669 |
| Algonquin 1 Bedroom Apartments | $1,284 | $200 | $3,032 |
| Algonquin 2 Bedroom Apartments | $1,461 | $542 | $4,490 |
| Algonquin 3 Bedroom Apartments | $1,272 | $675 | $2,025 |
| Algonquin 4 Bedroom Apartments | $1,041 | $535 | $1,395 |
Browse Apartments in this Neighborhood
There are currently 56 rentals with your search options within a 2 mile radius of the Algonquin Neighborhood of Louisville, KY.
See all Apartments in LouisvilleExplore Louisville
Algonquin, Louisville, KY Local Guide
- Nearby Louisville neighborhoods
- Nearby Cities
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Cheapest Available Algonquin Apartments for Rent
The cheapest available apartment rental in the Algonquin area of Louisville, KY is a Studio unit found at The Puritan Senior Living - 62 & Over priced from $200. Gateway on Broadway has the second lowest priced unit, which is a 2 Beds apartment currently listed from $542. Here are the most affordable Algonquin apartments for rent in Louisville, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Puritan Senior Living - 62 & Over | Studio | Studio,1BA | $200 |
| Gateway on Broadway | Two Bedroom | 2BR,1BA | $542 |
| Yugo Louisville Nine | 4 Bed, 4 Bath Classic Balcony | 4BR,4BA | $709 |
| Lofts on Ormsby | Studio | Studio,1BA | $725 |
| Vue at 3rd Street | Studio | Studio,1BA | $799 |
| The Cornerstone | 1 Bedroom | 1BR,1BA | $800 |
| Vesta Derby Oaks (Patriot Derby) | B1 UPG | 2BR,1BA | $850 |
| The St. Francis Apartments | 1BR1BA | 1BR,1BA | $890 |
| Cardinal Village Apartments | 1x1 Lower Level | 1BR,1BA | $910 |
| Crescent Centre Apartments & Townhomes | One Bedroom-699 sqft | 1BR,1BA | $920 |
Best Value Apartments for Rent in Algonquin, KY
As of June 13, 2025 the best value apartment in the Algonquin area is the $1.05 price per square foot 1445 S 3rd St Model at 1445 S 3rd St, Unit 7 in the in the Phoenix Hill neighborhood starting from $4,200. The second greatest value Algonquin apartment is the 3 Beds, 1.5 Baths Model at 1524 S 4th St starting at $1,250 with a $1.14 price per square foot in the Phoenix Hill neighborhood. Here is today’s list of the best values for Algonquin apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1445 S 3rd St, Unit 7 | 1445 S 3rd St | 6BR,3BA | $1.05 |
| 1524 S 4th St | 3 Beds, 1.5 Baths | 3BR,1.5BA | $1.14 |
| Gateway on Broadway | One Bedroom | 1BR,1BA | $0.50 |
| 500 W Saint Catherine St, Unit 1 | 500 W Saint Catherine St | 2BR,1BA | $1.10 |
| 1308 S 6th St, Unit 2 | 1308 S 6th St | 1BR,1BA | $1.10 |
| Yugo Louisville Nine | 2 Bed, 2 Bath Classic Pool View | 2BR,2BA | $1.05 |
| Derby Row | Student Housing | Belmont | 2BR,2BA | $1.22 |
| 2923 S 3rd St, Unit 6 | 2923 S 3rd St | 2BR,1BA | $1.15 |
| The Cornerstone | 1 Bedroom | 1BR,1BA | $1.14 |
| The St. Francis Apartments | 1BR1BA | 1BR,1BA | $1.32 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleAlgonquin, Louisville, KY
Ranked #126
Among neighborhoods in Louisville, KY 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
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities and towns across the United States and customized analysis for Central Louisville, KY. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, kid and pet-friendly communities, availability of transit options, and more. These search options are in the site filters at the top of this page.
Getting Around the Algonquin Neighborhood in Louisville, KY
Walk Score®
53 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
53 / 100
Bikeable
Some bike infrastructure
Transit Score®
43 / 100
Some Transit
A few nearby public transportation options
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 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 $920.
What is the price of a cheap apartment in Algonquin?
The cheapest apartment in Algonquin is Gateway on Broadway which is listed at $542, while the average apartment in Algonquin costs $4,200.
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 79 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 $212 which is $3,988 cheaper than the average rent for all rentals in Algonquin.
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.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.