
Cheap New Apartments for Rent in Louisville, KY from $300 (99 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in Louisville.


Springs At La Grange

1000 E Jefferson St

Cane Run Station

The Willard at Preston Crossing

Beulah Creek Apartments

Moss Creek

Six Mile Lane Apartments

Kendal On Taylorsville

Knox Landing
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.

AVIA North Shore

Austin Park Verde

Charlestown Flats

Walcott Jeffersonville

The Jeff On 10th

Klerner Lane Apartments

Bolt + Tie

The Bend

Wolf Run Park Apartments

Renaissance Park Apartments
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.

The Breakwater

Holmans Crossing Apartments

The Flats of River Ridge

The Laurel

Silver Creek Commons East & West

Forest Edge Apartments

Spring Street Commons

The Villas At Green Valley

The Reserve at the Riverbend

St. James Place
Louisville's Best Affordable Neighborhoods
Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer

The Howard Residence

The Slate

Lakeside Gardens

Marvin Gardens Apartments

Flats on 10th

Total Monthly Price
Newtown Woods

Gateway Crossing

Rivers Edge Residences

Jefferson Park Senior Apartments

The Warren Apartments

Willow Trace

The Crossings at South Park

Linda's Place (Age 62+ )

Monon Crossing

Lancaster Lofts

Town Clock Place

The Commons Apartments

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 | $1,135 | $200 | $2,823 |
| Louisville 1 Bedroom Apartments | $1,245 | $200 | $3,607 |
| Louisville 2 Bedroom Apartments | $1,413 | $542 | $4,856 |
| Louisville 3 Bedroom Apartments | $1,714 | $697 | $6,826 |
| Louisville 4 Bedroom Apartments | $2,278 | $629 | $10,000+ |
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 $2,224.
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 4,248 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 $395 which is $1,829 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

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.

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.

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.

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.