
Cheap 3 Bedroom Apartments for Rent in Louisville, KY from $673 (64 Rentals) Page 2 of 2


1524 S 4th St

Pioneer

Weissinger-Gaulbert Apartments

Valley Ridge

Knox Landing

Beech Grove Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Village Manor Apartments

Bridgepoint Apartments

River Chase Apartments

The Highlands

Hallmark at Jeffersonville

Monon Crossing

Big 4 Station Residence
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.
Louisville, KY Local Guide

How much does it cost to rent an apartment in Louisville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Louisville Studio Apartments | $1,097 | $200 | $2,791 |
| Louisville 1 Bedroom Apartments | $1,259 | $200 | $3,610 |
| Louisville 2 Bedroom Apartments | $1,414 | $550 | $4,365 |
| Louisville 3 Bedroom Apartments | $1,797 | $673 | $5,429 |
| Louisville 4 Bedroom Apartments | $1,532 | $619 | $7,076 |
Explore Louisville
Louisville, KY Area Reviews
Frequently Asked Questions about Cheap Louisville Apartments
What is a cheap apartment in Louisville?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Louisville is under $719.
What is the price of a cheap apartment in Louisville?
The cheapest apartment in Louisville is Lower Hunters Trace which is listed at $673, while the average apartment in Louisville costs $2,166.
What types of apartments are the cheapest in Louisville?
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 2,081 regular apartments in Louisville 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 Louisville?
Cheap apartments in Louisville have an average cost of $447 which is $1,719 cheaper than the average rent for all rentals in Louisville.
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

Bourbon, Baseball, and the Blues: Your Insider's 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.

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.

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.

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.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
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.