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

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Top Rated Apartments in Louisville.

Cheap Apartments in Louisville.

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Eric Court Apartments
1 to 2 Bedroom Apartments

Eric Court Apartments

113 E Eric CtLouisville, KY 40219
  • Utilities Included
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New Cut Apartments
1 to 2 Bedroom Apartments

New Cut Apartments

5458 New Cut RdLouisville, KY 40214
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Medallion Court
2 Bedroom Apartments

Medallion Court

4200 Medallion CtLouisville, KY 40219
  • Utilities Included
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Woodside Village
1 to 3 Bedroom Apartments

Woodside Village

319 Blair CtLouisville, KY 40243
Senior Living
  • Utilities Included
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Pinecroft Apartments
1 Bedroom Apartments

Pinecroft Apartments

4115-4117 Pinecroft DrLouisville, KY 40219
Senior Living

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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Auburndale Apartments
2 Bedroom Apartments

Auburndale Apartments

7300-7310 Southside DrLouisville, KY 40214
Senior Living
  • Utilities Included
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The Woods
Studio to 3 Bedroom Apartments

The Woods

2139 Lexington RdLouisville, KY 40206
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The Grove at Lyndon
Studio to 2 Bedroom Apartments

The Grove at Lyndon

7716 Sundance DrLouisville, KY 40222
Corporate Housing
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Willow Oaks Apartments
1 to 2 Bedroom Apartments

Willow Oaks Apartments

6003 JoDanielle PlLouisville, KY 40291
Corporate Housing
  • Utilities Included
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Century Baxter Ave
1 to 2 Bedroom Apartments

Century Baxter Ave

1221 E BroadwayLouisville, KY 40204
  • Utilities Included
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Central Park Lofts
1 to 2 Bedroom Apartments

Central Park Lofts

1251 S 4th StLouisville, KY 40203
  • Utilities Included

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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Rosewood Manor
2 Bedroom Apartments

Rosewood Manor

2200 Rosewood WayLouisville, KY 40214
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Avenue Willow
1 to 2 Bedroom Apartments

Avenue Willow

2315-2319 Glenmary AveLouisville, KY 40204
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Waterford Place
1 to 2 Bedroom Apartments

Waterford Place

4105 Waterford CirLouisville, KY 40207
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Shadow Ridge
1 to 2 Bedroom Apartments

Shadow Ridge

10400 Shadow Ridge LnLouisville, KY 40241
  • Utilities Included
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AMP Luxury Apartments
Studio to 2 Bedroom Apartments

AMP Luxury Apartments

2030 Frankfort AveLouisville, KY 40206
Student Housing

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.

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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St Edward Court
1 to 3 Bedroom Apartments

St Edward Court

701 E Spring StNew Albany, IN 47150
  • Utilities Included

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 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 $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

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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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.

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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.