
Top Rated Cheap Apartments for Rent in Louisville, KY from $300 (107 Rentals) Page 2 of 3
Top Rated Apartments in Louisville.
Cheap Apartments in Louisville.


Eric Court Apartments

New Cut Apartments

The Hillebrand House - Senior Living

Medallion Court

Four Oaks Apartments

Beecher Terrace Phase II (0680)

Woodside Village

Pinecroft Apartments

Jefferson Square Apartments
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.

Auburndale Apartments

Brookstone Senior Apartments

Fenwick Place Apartments

The Woods

Nanz Avenue Apartments

The Grove at Lyndon

Auburn Place Town And Garden Homes

Willow Oaks Apartments

Century Baxter Ave

Central Park Lofts
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.

Rosewood Manor

Avenue Willow

Waterford Place

Terraces at Forest Springs

Shadow Ridge

AMP Luxury Apartments

Kendal On Taylorsville

Yellowwood Terrace Affordable Senior Housing

Brookview Glen

Huntley Ridge Clarksville
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.

River Grove Apartments

River Chase Apartments

Beech Grove Apartments

The Woods Apartments

Willow Run

Glenview Apartments

Mayfair Apartment Homes

Orchard Hills Apartments

Total Monthly Price
Plaza Square Apartments

Renaissance Park Apartments
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.

Lyndon Crossings Apartments

Lochwood

Colonial Village Apartments

Lakeside Gardens

Walcott Jeffersonville

Academy Park Apartments

The Warren Apartments

St Edward Court

Holly Green Apartments

Graham Village Apartments
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.
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 | $1,091 | $200 | $2,466 |
| Louisville 1 Bedroom Apartments | $1,251 | $200 | $3,410 |
| Louisville 2 Bedroom Apartments | $1,408 | $695 | $4,337 |
| Louisville 3 Bedroom Apartments | $1,815 | $682 | $5,150 |
| Louisville 4 Bedroom Apartments | $1,524 | $619 | $6,642 |
Browse Top Apartments in Louisville
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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 $720.
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 $1,262.
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 2,271 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 $428 which is $834 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

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.

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.

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.

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

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.

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.

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.

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.