
Cheap Apartments for Rent in Louisville, KY from $495 (761 Rentals) Page 4 of 16
Search the lowest-cost Apartments available for rent right now in Louisville.


5642 Butternut Rd

The Madison

Ashbury Ridge

The Edwin

Newberry Parc

Falcon Crest Apartments

Cardinal Village Apartments

Village Park Apartments

Vines at Shelby Crossing

The Cornerstone

Ridgewood

Ashgrove

Jefferson Properties

Paddocks at Ridge Park

Maple Run Apartments

Le Blanc Court

Mount Vernon

Total Monthly Price
10524 Watterson Trail, Unit Pena Building 1 BR

1625 Brick Kiln Ln, Unit 3 or 4

8600 Standing Oak Dr

1623 Brick Kiln Ln, Unit 1

501 E Breckinridge St

1707 Valley Forge Way

4704 S 3rd St, Unit 1 (Ground floor)

1051 Barret Ave

Total Monthly Price
4507 #3 Landside Drive, Unit 4

1902 W Jefferson St

Devonshire Apartments

Derby Run Apartments

Applegate Farm Apartments

Total Monthly Price
The Views at Crescent Hill

Ventana

Butchertown Flats

Preston Gardens

2004 Goldsmith Ln

1917 Frankfort Ave

3208 Orchard Manor Cir

1109 E Kentucky St

517 Amy Ave

4141 W Market St

2510 Portland Ave

952 S Floyd St

Willow Place Apartments

Reserve at Lindsay

Partridge Meadows Apartments

By the Park

4808 Saddlebrook Ln

4809 Saddlebrook Ln
Louisville, KY Local Guide

How much does it cost to rent an apartment in Louisville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Louisville Studio Apartments | $1,084 | $200 | $2,466 |
| Cheap Louisville 1 Bedroom Apartments | $1,241 | $200 | $3,431 |
| Cheap Louisville 2 Bedroom Apartments | $1,400 | $580 | $4,337 |
| Cheap Louisville 3 Bedroom Apartments | $1,802 | $723 | $5,456 |
| Cheap Louisville 4 Bedroom Apartments | $1,465 | $619 | $6,453 |
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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 $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 $1,267.
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 2,278 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 $445 which is $822 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.

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.
