
Cheap Homes for Rent in Algonquin Neighborhood of Louisville, KY from $600 (56 Rentals)
Search the lowest-cost Homes available for rent right now in the Algonquin area of Louisville.


2112 St Johns Pl

1772 Bolling Ave

1438 S 7th St

669 S 35th St

514 W Oak St

1525 W Ormsby Ave

1735 W Hill St

1735 W Hill St

913 Euclid Ave
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.

913 Euclid Ave

2913 Dumesnil St

2913 Dumesnil St

1854 W Ormsby Ave

3909 Southern Pkwy

1529 Anderson St

2127 Wilson Ave

2317 Ratcliffe Ave

1206 Garvin Pl

655 S 35th St
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.

1934 W Madison St

3215 Greenwood Ave

1850 McCloskey Ave

1418 Standard Village Cir

414 M St

2634 Garland Ave

2634 Garland Ave

2634 Garland Ave

657 S 24th St

1528 Wilson Ave
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.

1528 Wilson Ave

3442 Heatherfield Dr

1449 Beech St

808 S 36th St

3420 Del Park Terrace

2003 Wilson Ave

3315 Hale Ave

2715 Garland Ave

2715 Garland Ave

2123 W Lee St
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.

1827 Osage Ave

3005 Linwood Ave

1490 Clara Ave

1443 Lillian Ave

1443 Lillian Ave

856 S 24th St

1713 W Oak St

3726 Penway Ave

1732 Wilson Ave

3449 Powell Ave
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.
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 | $1,107 | $745 | $2,900 |
| Algonquin 3 Bedroom Homes for Rent | $1,233 | $795 | $1,700 |
| Algonquin 4 Bedroom Homes for Rent | $1,530 | $900 | $4,200 |
| Algonquin 5 Bedroom Homes for Rent | $1,520 | $1,380 | $1,800 |
| Algonquin 6 Bedroom Homes for Rent | $1,000 | $1,000 | $1,000 |
Browse Homes for Rent in this Neighborhood
There are currently 56 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. 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 |
| Vue at 3rd Street | Studio | Studio,1BA | $699 |
| 800 Towers Apartments | Studio | Studio,1BA | $765 |
| Lofts on Ormsby | Studio | Studio,1BA | $775 |
| Chapel House Senior Apartments - Age 62+ | Studio | Studio,1BA | $776 |
| Patriot Derby (FKA Vesta Derby Oaks) | A1 | 1BR,1BA | $850 |
| Cathedral Commons | Studio | Studio,1BA | $850 |
| Flats on Fifth | The Wilson | 1BR,1BA | $854 |
Best Value Apartments for Rent in Algonquin, KY
As of January 25, 2026 the best value apartment in the Algonquin area is the $0.52 price per square foot 4 Bed, 4 Bath Classic Pool View Model at Yugo Louisville Nine in the in the Downtown Louisville neighborhood starting from $729. The second greatest value Algonquin apartment is the One Bedroom Model at Gateway on Broadway starting at $542 with a $0.50 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. |
|---|---|---|---|
| Yugo Louisville Nine | 4 Bed, 4 Bath Classic Pool View | 4BR,4BA | $0.52 |
| Gateway on Broadway | One Bedroom | 1BR,1BA | $0.50 |
| The Province (KY) | 2 Bed - 2 Bath | 2BR,2BA | $1.01 |
| The St. Francis Apartments | 2BR2BA | 2BR,2BA | $1.46 |
| Derby Row | Student Housing | Thoroughbred | 2BR,2BA | $1.05 |
| 226 W Burnett Ave, Unit 220B | 226 W Burnett Ave | 2BR,1BA | $1.33 |
| The Cornerstone | 1 Bedroom | 1BR,1BA | $1.29 |
| Cathedral Commons | Studio | Studio ,1BA | $1.21 |
| 3901 Garland Ave, Unit Unit 4 | 3901 Garland Ave | 2BR,1BA | $1.27 |
| 800 Towers Apartments | Studio | Studio ,1BA | $1.26 |
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 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 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.
Best Local Schools in Algonquin, Louisville, KY
School data provided by Great Schools
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 $6,880. There are also 154 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 $1,218.
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 $675 to $6,880, while Three Bedroom Homes, Condos, and Townhomes for rent range from $795 to $1,700. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $609.
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.

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.