
Cheap Homes for Rent in Algonquin Neighborhood of Louisville, KY from $500 (22 Rentals)
Search the lowest-cost Homes available for rent right now in the Algonquin area of Louisville.


2630 W Burnett Ave

1052 S 36th St

1525 W Ormsby Ave
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.

1048 S 36th St

669 S 35th St

2816 W Kentucky St

655 S 27th St

655 S 27th St

3517 Georgetown Pl

3513 Georgetown Pl
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.

524 W Oak St

714 S 42nd St

2101 W Lee St

1529 Anderson St

2101 W Lee St

1608 Longfield Ave

3502 W Broadway
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.

1705 Hale Ave

607 St Catherine St

1783 Algonquin Pkwy

1705 Valley Forge Way
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 | $1,019 | $700 | $1,650 |
Algonquin 3 Bedroom Homes for Rent | $1,277 | $850 | $1,995 |
Algonquin 4 Bedroom Homes for Rent | $1,491 | $1,145 | $2,000 |
Algonquin 5 Bedroom Homes for Rent | $1,765 | $1,345 | $2,600 |
Algonquin 6 Bedroom Homes for Rent | $3,900 | $3,900 | $3,900 |
Browse Homes for Rent in this Neighborhood
There are currently 22 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 |
Yugo Louisville Nine | 4 Bed, 4 Bath Classic Balcony | 4BR,4BA | $709 |
Vue at 3rd Street | Studio | Studio,1BA | $799 |
The Cornerstone | 1 Bedroom | 1BR,1BA | $800 |
Best Value Apartments for Rent in Algonquin, KY
As of June 19, 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 | Thoroughbred | 2BR,2BA | $0.98 |
2923 S 3rd St, Unit 6 | 2923 S 3rd St | 2BR,1BA | $1.15 |
The Cornerstone | 1 Bedroom | 1BR,1BA | $1.14 |
Crescent Centre Apartments & Townhomes | One Bedroom-699 sqft | 1BR,1BA | $1.32 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Algonquin
What type of rentals are currently available in Algonquin?
There are currently 590 Apartments for Rent in Algonquin, KY with pricing that ranges from $200 to $4,490. There are also 127 Single Family Homes for rent, Condos, and Townhome rentals currently available in Algonquin ranging from $525 to $3,900.
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 $525 to $3,900 with an average monthly rent of $1,725.
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 $2,025, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $1,995. Four Bedroom Single-Family rentals are also available starting from $1,145 and Four Bedroom Apartments start at $535.
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.