Cheap New Apartments for Rent in Louisville, KY from $300 (105 Rentals) Page 2 of 3

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

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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
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River Pointe Apartments
Built in 20211 to 2 Bedroom Apartments

River Pointe Apartments

12505 Orell Crossing CirLouisville, KY 40272
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Preston Valley Apartments
Built in 20221 to 2 Bedroom Apartments

Preston Valley Apartments

8923-8925 Preston HwyLouisville, KY 40219
  • Utilities Included
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1000 E Jefferson St
Built in 20221 Bedroom Apartments

1000 E Jefferson St

1000 E Jefferson StLouisville, KY 40206
  • Utilities Included
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Covington by the Lake
Built in 20201 to 3 Bedroom Apartments

Covington by the Lake

7321 Jefferson BlvdLouisville, KY 40219
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Glengrove Apartments
Built in 20242 to 3 Bedroom Apartments

Glengrove Apartments

6605 W Orell RdLouisville, KY 40272
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Century Baxter Ave
Built in 20181 to 2 Bedroom Apartments

Century Baxter Ave

1221 E BroadwayLouisville, KY 40204
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Century Middletown
Built in 20171 to 3 Bedroom Apartments

Century Middletown

400 Echelon WayLouisville, KY 40223

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.

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Beulah Creek Apartments
Built in 20222 Bedroom Apartments

Beulah Creek Apartments

7302 Tiger WayLouisville, KY 40291
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5604 Apartments
Built in 2026Studio to 3 Bedroom Apartments

5604 Apartments

11010 Garden Trace DrLouisville, KY 40229
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Six Mile Lane Apartments
Built in 20182 Bedroom Apartments

Six Mile Lane Apartments

4500 Mason Ethan CtLouisville, KY 40218
Corporate Housing
  • Utilities Included
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Kendal On Taylorsville
Built in 20161 to 3 Bedroom Apartments

Kendal On Taylorsville

4004 Keighley Park LnLouisville, KY 40299

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.

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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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Newtown Woods
$1,203 - $1,871
Total Monthly Price

Total Monthly Price

Base Rent
$1,203 - $1,871
Total Monthly Price
$1,203 - $1,871
Built in 20221 to 3 Bedroom Apartments Available Now

Newtown Woods

10605 Newtown Woods TrlFairdale, KY 40118
Corporate Housing
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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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Willow Trace
Built in 2022Studio to 2 Bedroom Apartments

Willow Trace

2008 Hamburg PikeJeffersonville, IN 47130
Senior Living
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Linda's Place (Age 62+ )
Built in 20221 to 2 Bedroom Apartments

Linda's Place (Age 62+ )

785 Running Creek DrShepherdsville, KY 40165
Senior Living
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Monon Crossing
Built in 20211 to 4 Bedroom Apartments

Monon Crossing

2710 Grant Line RdNew Albany, IN 47150

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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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 $739.

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 $2,161.

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 2,053 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 $440 which is $1,721 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

decorative image for Bourbon, Baseball, and the Blues: Your Insider's Guide to Louisville, Kentucky article

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.

decorative image for Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers article

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.

decorative image for The Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters article

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.

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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.

Articles, How-To's, and Tips

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.