Cheap Apartments for Rent in Louisville, KY from $495 with Swimming Pool (116 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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Springs At Hurstbourne
Rent Specials
$1,043 - $1,954

Total Monthly Price

Base Rent$1,043 - $1,954
Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

Springs At Hurstbourne

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

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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Crowne at the Summit
Rent Specials
$1,096 - $1,956

Total Monthly Price

Base Rent$1,096 - $1,956
Total Monthly Price$1,096 - $1,956
1 to 3 Bedroom Apartments Available Now

Crowne at the Summit

4301 Crowne Springs DrLouisville, KY 40241
Corporate Housing
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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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Park Lake Apartments
$1,108 - $1,521

Total Monthly Price

Base Rent$1,108 - $1,521
Total Monthly Price$1,108 - $1,521
1 to 3 Bedroom Apartments Available Now

Park Lake Apartments

7100 Leisure LnLouisville, KY 40229
Corporate Housing
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  • Utilities Included

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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Ashton Brook
Rent Specials
$1,139 - $3,410

Total Monthly Price

Base Rent$1,139 - $3,410
Total Monthly Price$1,139 - $3,410
1 to 3 Bedroom Apartments Available Now

Ashton Brook

7832 Royalty AveLouisville, KY 40222
Corporate Housing
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Germantown Mill Lofts
Rent Specials
$1,147 - $2,310

Total Monthly Price

Base Rent$1,147 - $2,310
Total Monthly Price$1,147 - $2,310
Studio to 2 Bedroom Apartments Available Now

Germantown Mill Lofts

946 Goss AveLouisville, KY 40217
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Clearwater Farm
$1,159 - $1,868

Total Monthly Price

Base Rent$1,159 - $1,868
Total Monthly Price$1,159 - $1,868
1 to 3 Bedroom Apartments Available Now

Clearwater Farm

5401 Lowerfield DrLouisville, KY 40219
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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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Middletown Landing
Rent Specials
$1,200 - $1,950

Total Monthly Price

Base Rent$1,200 - $1,950
Total Monthly Price$1,200 - $1,950
1 to 2 Bedroom Apartments Available Now

Middletown Landing

700 Landis Ridge DrLouisville, KY 40245
Luxury
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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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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 $719.

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 $1,260.

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 2,239 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 $429 which is $831 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.

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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.

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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

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.