3 Bedroom Apartments for Rent in Louisville, KY Under $700 (2 Rentals)
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.
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.
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 | $1,146 | $200 | $2,523 |
Louisville 1 Bedroom Apartments | $1,300 | $200 | $3,345 |
Louisville 2 Bedroom Apartments | $1,488 | $542 | $5,023 |
Louisville 3 Bedroom Apartments | $1,865 | $675 | $6,005 |
Louisville 4 Bedroom Apartments | $1,949 | $535 | $2,930 |
Explore Louisville

Louisville, KY Local Guide
- Louisville Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Quick 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.
Getting Around Louisville, KY
Walk Score®
52 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
51 / 100
Bikeable
Some bike infrastructure
Transit Score®
30 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Louisville, KY Area Reviews
Frequently Asked Questions about 3 Bedroom Louisville Apartments
What is the Cheapest apartment in Louisville with 3 Bedroom?
Currently the most affordable 3 Bedroom in Louisville is at Lower Hunters Trace listed at $752.
How much is the average rent for a 3 Bedroom Louisville Apartment?
The average rent for a 3 Bedroom Apartment in Louisville is $1,865.
What is the largest available 3 Bedroom Louisville Apartment for rent?
Today's apartment with the most square footage in Louisville is a 2,349 square feet unit starting from $3,500 at Bull Run Townhomes.
What is the average size for Louisville 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Louisville is currently 1,100 sq ft.
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.

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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.