Cheap Homes for Rent in Algonquin Neighborhood of Louisville, KY from $600 (47 Rentals)

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Search the lowest-cost Homes available for rent right now in the Algonquin area of Louisville.

property at 1826 Cypress St

1826 Cypress St

LouisvilleKY40210
property at 1236 S Floyd St

1236 S Floyd St

LouisvilleKY40203
property at 2311 S 37th St

2311 S 37th St

LouisvilleKY40211
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Algonquin, Louisville, KY Local Guide

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 ListingModel NameBed/BathPriced From
The Puritan Senior Living - 62 & OverStudioStudio,1BA$200
Gateway on BroadwayTwo Bedroom2BR,1BA$542
Vue at 3rd StreetStudioStudio,1BA$699
Chapel House Senior Apartments - Age 62+StudioStudio,1BA$776
Vesta Derby Oaks (Patriot Derby)A11BR,1BA$850
Cathedral CommonsStudioStudio,1BA$850
800 Towers ApartmentsStudioStudio,1BA$865
The St. Francis Apartments1BR1BA1BR,1BA$890

Best Value Apartments for Rent in Algonquin, KY

As of October 23, 2025 the best value apartment in the Algonquin area is the $0.51 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 $719. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Yugo Louisville Nine4 Bed, 4 Bath Classic Pool View4BR,4BA$0.51
Gateway on BroadwayOne Bedroom1BR,1BA$0.50
The Cornerstone2 Bedroom2BR,1BA$1.11
Derby Row | Student HousingBelmont2BR,2BA$1.02
1743 Sonne Ave, Unit Apt. #21743 Sonne Ave2BR,1BA$1.00
1386 S 3rd St3rd Floor2BR,1BA$1.19
226 W Burnett Ave, Unit 218226 W Burnett Ave2BR,1BA$1.33
Cathedral CommonsStudioStudio ,1BA$1.21
1242 Euclid Ave, Unit 21242 Euclid AveStudio ,1BA$1.14
The St. Francis Apartments1BR1BA1BR,1BA$1.32

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Pet Friendly Lifestyle
Algonquin, Louisville, KY

Ranked #78

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 596 Apartments for Rent in Algonquin, KY with pricing that ranges from $200 to $6,880. There are also 146 Single Family Homes for rent, Condos, and Townhome rentals currently available in Algonquin ranging from $650 to $3,250.

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 $650 to $3,250 with an average monthly rent of $1,148.

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 $899 to $1,895. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $599.

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.

decorative image for The 10 Best Affordable Neighborhoods for Renting in Louisville, KY article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.