2188 St Johns Pl
LouisvilleKY40210
Cheap Homes for Rent in Algonquin Neighborhood of Louisville, KY from $600 (32 Rentals)
Search the lowest-cost Homes available for rent right now in the Algonquin area of Louisville.
856 S 24th St
LouisvilleKY40211
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$6751 Bedroom Apartments Available Now
691 Madelon Ct
691 Madelon CtLouisville, KY 40211
411 Iowa Ave
LouisvilleKY40208
2913 Dumesnil, Apt #3
2913 Dumesnil St
LouisvilleKY40211
2724 Garland Ave
LouisvilleKY40211
2706 Algonquin Pkwy
LouisvilleKY40210
2317 Ratcliffe Ave
LouisvilleKY40210
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.
2300 W Madison St
LouisvilleKY40211
2300 W Madison St
LouisvilleKY40211
728 S 35th St
LouisvilleKY40211
21 College Ct
LouisvilleKY40203
2634 Garland Ave
LouisvilleKY40211
666 Eastlawn Ave
LouisvilleKY40211
2411 Elliott Ave
LouisvilleKY40211
3513 Georgetown Pl
LouisvilleKY40215
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.
2614 Virginia Ave
LouisvilleKY40211
1934 W Madison St
LouisvilleKY40203
655 S 35th St
LouisvilleKY40211
3215 Greenwood Ave
LouisvilleKY40211
2523 1/2 Greenwood Ave
LouisvilleKY40210
1768 W Hill St
LouisvilleKY40210
2634 Garland Ave
LouisvilleKY40211
2138 Crittenden Dr
LouisvilleKY40217
Cash 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.
1792 W Gaulbert Ave
LouisvilleKY40210
3005 Linwood Ave
LouisvilleKY40210
2016 S 40th St
LouisvilleKY40211
515 S 20th St
LouisvilleKY40203
1815 Wilson Ave
LouisvilleKY40210
3449 Powell Ave
LouisvilleKY40215
1722 Gallagher St
LouisvilleKY40210
2111 7th Street Rd
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.
Showing Results 1-32, Page 1 of 1
Algonquin, Louisville, KY Local Guide
How much does it cost to rent a home in Algonquin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Algonquin 2 Bedroom Homes for Rent | $1,223 | $745 | $3,200 |
| Algonquin 3 Bedroom Homes for Rent | $1,269 | $672 | $1,995 |
| Algonquin 4 Bedroom Homes for Rent | $1,581 | $900 | $2,400 |
| Algonquin 5 Bedroom Homes for Rent | $2,150 | $1,600 | $2,900 |
| Algonquin 6 Bedroom Homes for Rent | $2,600 | $1,000 | $4,200 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 32 rentals with your search options within a 2 mile radius of the Algonquin Neighborhood of Louisville, KY.
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Algonquin, Louisville, KY Local Guide
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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. Lofts on Ormsby has the second lowest priced unit, which is a Studio apartment currently listed from $700. 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 |
| Lofts on Ormsby | Studio | Studio,1BA | $700 |
| 800 Towers Apartments | Studio | Studio,1BA | $719 |
| Old Louisville - 1219 S 6th St | S6th01 | Studio,1BA | $795 |
| Furlong Apartments | 2 Bedroom/1Bath | 2BR,1BA | $825 |
| Patriot Derby (FKA Vesta Derby Oaks) | A1 | 1BR,1BA | $850 |
| The St. Francis Apartments | Studio | Studio,1BA | $852 |
| Beecher Family | 1 Bdrm Garden, 608 SqFt, Tax Credit, 60% AMI | 1BR,1BA | $861 |
| Crescent Centre Apartments & Townhomes | One Bedroom-699 sqft | 1BR,1BA | $880 |
Best Value Apartments for Rent in Algonquin, KY
As of June 20, 2026 the best value apartment in the Algonquin area is the $1.14 price per square foot 222 E Oak St Model at 222 E Oak St, Unit 1 in the in the Phoenix Hill neighborhood starting from $1,550. The second greatest value Algonquin apartment is the Birchmore 3x3 Model at The Brexx at Louisville starting at $910 with a $0.67 price per square foot in the Downtown Louisville 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. |
|---|---|---|---|
| 222 E Oak St, Unit 1 | 222 E Oak St | 3BR,2BA | $1.14 |
| The Brexx at Louisville | Birchmore 3x3 | 3BR,3BA | $0.67 |
| Derby Row | Student Housing | Julep | 4BR,4BA | $0.51 |
| 402 W Hill St, Unit 404 | 402 W Hill St | 3BR,1.5BA | $1.26 |
| 1436 S 3rd St | 1436 S 3rd St | 2BR,2BA | $1.07 |
| Furlong Apartments | 2 Bedroom/1Bath | 2BR,1BA | $0.92 |
| The Province (KY) | 2 Bed - 2 Bath | 2BR,2BA | $1.01 |
| 3901 Garland Ave, Unit 1 | 3901 Garland Ave | 2BR,1BA | $1.10 |
| The Cornerstone | 1 Bedroom | 1BR,1BA | $1.29 |
| 800 Towers Apartments | Studio | Studio ,1BA | $1.19 |
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 Article
The 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 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.
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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.
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Best Local Schools in Algonquin, Louisville, KY
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Frequently Asked Questions about Algonquin
What type of rentals are currently available in Algonquin?
There are currently 602 Apartments for Rent in Algonquin, KY with pricing that ranges from $200 to $4,500. There are also 131 Single Family Homes for rent, Condos, and Townhome rentals currently available in Algonquin ranging from $645 to $4,200.
What is the current price range for Rental Homes in Algonquin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Algonquin ranges from $645 to $4,200 with an average monthly rent of $1,597.
How much are larger Three and Four Bedroom Rentals in Algonquin?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Algonquin range from $717 to $4,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $672 to $1,995. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $669.
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
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.
The Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters
Written by: Mike Heuer
Louisville is a terrific location to get an advanced education at one of its many great colleges and universities.
Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers
Written by: Mike Heuer
Kentucky is a business-friendly commonwealth, and Louisville is its largest city. It also is home to many great employers who pay well, and their workers have lots of great choices in neighborhoods to rent great apartments.
Bourbon, Baseball, and the Blues: Your Insiders Guide to Louisville, Kentucky
Written by: Mike Heuer
Louisville is one great city in which to visit, live, work, and raise a family. It has excellent and reasonably affordable housing, great neighborhoods, and a whole lot more to offer its residents and visitors alike.
Articles, How-To's, and Tips
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.