Cheap New Apartments for Rent in Louisville, KY from $300 (101 Rentals)

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Search the lowest-cost Apartments available for rent right now in Louisville.

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.

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11315 Breeze Cir
$1,050 - $1,150
Total Monthly Price

Total Monthly Price

Base Rent
$1,050 - $1,150
Total Monthly Price
$1,050 - $1,150
Built in 20161 to 2 Bedroom Apartment Available Now

11315 Breeze Cir

11315 Breeze CirLouisville, KY 40272
Affordability
  • Smoke Free

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.

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Springs At Hurstbourne
$1,133 - $2,040
Total Monthly Price

Total Monthly Price

Base Rent
$1,063 - $1,970
Required Monthly Fees
$70
Total Monthly Price
$1,133 - $2,040
Built in 2016Studio to 3 Bedroom Apartments Available Now

Springs At Hurstbourne

9202 Bunsen Park DrLouisville, KY 40220
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

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Frontgate Apartments
Rent Specials
$1,241 - $1,696
Total Monthly Price

Total Monthly Price

Base Rent
$1,226 - $1,681
Required Monthly Fees
$15
Total Monthly Price
$1,241 - $1,696
Built in 20201 to 3 Bedroom Apartments Available Now

Frontgate Apartments

7400 Snow Bend AveLouisville, KY 40228
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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The Rickhouse Collective
Rent Specials
$1,250 - $1,550
Total Monthly Price

Total Monthly Price

Base Rent
$1,083 - $1,383
Required Monthly Fees
$167
Total Monthly Price
$1,250 - $1,550
Built in 20261 to 2 Bedroom Apartments Available Apr 1

The Rickhouse Collective

9305 Smyrna PkyLouisville, KY 40229
Affordability
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Century Belmont Station
$1,263 - $3,023
Total Monthly Price

Total Monthly Price

Base Rent
$1,138 - $2,898
Required Monthly Fees
$125
Total Monthly Price
$1,263 - $3,023
Built in 20181 to 3 Bedroom Apartments Available Now

Century Belmont Station

11950 Victory Knoll CirLouisville, KY 40243
Furnished
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  • Customer Reviewed
  • 3D Tour
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Avoca II
$1,270 - $1,824
Total Monthly Price

Total Monthly Price

Base Rent
$1,230 - $1,784
Required Monthly Fees
$40
Total Monthly Price
$1,270 - $1,824
Built in 20221 to 3 Bedroom Apartments Available Now

Avoca II

1453 Avoca Ridge DrLouisville, KY 40223
Family Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
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Avoca
$1,278 - $1,645
Total Monthly Price

Total Monthly Price

Base Rent
$1,238 - $1,605
Required Monthly Fees
$40
Total Monthly Price
$1,278 - $1,645
Built in 20201 to 3 Bedroom Apartments Available Now

Avoca

1405 Avoca Ridge DrLouisville, KY 40223
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

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The Belltower
Rent Specials
$1,283 - $2,538
Total Monthly Price

Total Monthly Price

Base Rent
$1,243 - $2,498
Required Monthly Fees
$40
Total Monthly Price
$1,283 - $2,538
Built in 20231 to 3 Bedroom Apartments Available Now

The Belltower

3400 Tevis DrLouisville, KY 40220
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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Flats at Bardstown
Built in 20241 to 3 Bedroom Apartments

Flats at Bardstown

2100 Buechel Bank RdLouisville, KY 40218
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Medallion Court
Built in 20212 Bedroom Apartments

Medallion Court

4200 Medallion CtLouisville, KY 40219
  • Utilities Included
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The Montair
Built in 20201 to 2 Bedroom Apartments

The Montair

7739 Brookview DrLouisville, KY 40214
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Hurstbourne Senior Apartments
Built in 20241 to 2 Bedroom Apartments

Hurstbourne Senior Apartments

4901 S Hurstbourne PkyLouisville, KY 40291
Senior Living
  • Utilities Included
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Lower Hunters Trace
Built in 20241 to 3 Bedroom Apartments

Lower Hunters Trace

4610-4614 Kerrick lnLouisville, KY 40258
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Middletown Apartments
Built in 20191 to 3 Bedroom Apartments

Middletown Apartments

13730 Poplar Leaf WayLouisville, KY 40223
  • Utilities Included
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Zion Manor 2
Built in 20231 to 2 Bedroom Apartments

Zion Manor 2

2237 W Muhammad Ali BlvdLouisville, KY 40212
Senior Living

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.

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Louisville, KY Local Guide

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.

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The 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.

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Cash 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.

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The 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

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Louisville, KY Rentals by Map

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See the most popular apartments and homes in Louisville, KY

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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 $699.

What is the price of a cheap apartment in Louisville?

The cheapest apartment in Louisville is Yellowwood Terrace Affordable Senior Housing which is listed at $200, while the average apartment in Louisville costs $2,388.

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 4,525 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 $453 which is $1,935 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.

Articles, How-To's, and Tips

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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.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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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.

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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.