Cheap New Apartments for Rent in Louisville, KY from $300 (101 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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Zion Manor 2
Built in 20231 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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1000 E Jefferson St
Built in 20221 Bedroom Apartments

1000 E Jefferson St

1000 E Jefferson StLouisville, KY 40206
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Middletown Apartments
Built in 20193 Bedroom Apartments

Middletown Apartments

13730 Poplar Leaf WayLouisville, KY 40223
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AMP Luxury Apartments
Built in 2015Studio to 2 Bedroom Apartments

AMP Luxury Apartments

2030 Frankfort AveLouisville, KY 40206
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Beulah Creek Apartments
Built in 20222 Bedroom Apartments

Beulah Creek Apartments

7302 Tiger WayLouisville, KY 40291
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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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M. Fine on Spring
Built in 20151 to 2 Bedroom Apartments

M. Fine on Spring

835 Spring StJeffersonville, IN 47130
Senior Living
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Linda's Place (Age 62+ )
Built in 20221 Bedroom Apartments

Linda's Place (Age 62+ )

785 Running Creek DrShepherdsville, KY 40165
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St. James Place
Built in 20211 to 2 Bedroom Apartments

St. James Place

2239 Charlestown RdNew Albany, IN 47150
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Monon Crossing
Built in 20211 to 3 Bedroom Apartments

Monon Crossing

2710 Grant Line RdNew Albany, IN 47150
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Lancaster Lofts
Built in 20211 Bedroom Apartments

Lancaster Lofts

1637 E Market StNew Albany, IN 47150
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Klerner Lane Apartments
Built in 20242 Bedroom Apartments

Klerner Lane Apartments

4123-4127 Klerner LnNew Albany, IN 47150
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Town Clock Place
Built in 20221 to 2 Bedroom Apartments

Town Clock Place

310-312 E Main StNew Albany, IN 47150

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

Louisville, KY Area Reviews

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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 $741.

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 $2,182.

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 2,243 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 $1,811 cheaper than the average rent for all rentals in Louisville.

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.

decorative image for The 10 Best Affordable Neighborhoods for Renting in Louisville, KY article

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.