
Cheap New Apartments for Rent in Louisville, KY from $300 (100 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in Louisville.


1000 E Jefferson St

Beulah Creek Apartments

Moss Creek

Covington by the Lake

Six Mile Lane Apartments

Glengrove Apartments

Kendal On Taylorsville

Knox Landing

AVIA North Shore
Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers
Stop driving and start living! We highlight the best Louisville neighborhoods—from Beechmont to Audubon Park—with great rentals near top job providers.

The Breakwater

Charlestown Flats

Clarksville Lofts

The Jeff On 10th

Nicholas Landing

Walcott Jeffersonville

St. James Place - 1/2 Off First and Last Month's Rent!

Klerner Lane Apartments

Austin Park Verde

Bolt + Tie
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.

The Bend

Wolf Run Park Apartments

Renaissance Park Apartments

Holmans Crossing Apartments

The Laurel

Silver Creek Commons East & West

Forest Edge Apartments

Spring Street Commons

Villas at Green Valley

The Reserve at the Riverbend
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.

The Flats of River Ridge

Marvin Gardens Apartments

Lakeside Gardens

The Slate

Flats on 10th

Rivers Edge Residences

Total Monthly Price
Jefferson Park Senior Apartments

Total Monthly Price
Newtown Woods

The Warren Apartments

Gateway Crossing
Louisville's Best Affordable Neighborhoods
Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer

Willow Trace

The Crossings at South Park

Linda's Place (Age 62+ )

Monon Crossing

Lancaster Lofts

The Commons Apartments

Town Clock Place

The Howard Residence

Cardinal Ridge Apartments

Lofts on 3rd
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 | $1,089 | $200 | $3,228 |
| Louisville 1 Bedroom Apartments | $1,255 | $200 | $3,464 |
| Louisville 2 Bedroom Apartments | $1,415 | $652 | $4,607 |
| Louisville 3 Bedroom Apartments | $1,707 | $707 | $4,973 |
| Louisville 4 Bedroom Apartments | $2,030 | $649 | $7,448 |
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 $700.
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 $1,955.
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 2,323 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 $371 which is $1,584 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

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.

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.

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.
Articles, How-To's, and Tips

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.