Cheap Apartments for Rent in the Auburndale Neighborhood of Louisville, KY from $700 (43 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Auburndale area of Louisville.

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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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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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.

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Glen Hollow Apartments
1 to 2 Bedroom Apartments

Glen Hollow Apartments

800 Glen Hollow DrLouisville, KY 40214
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Meadowood Apartments
2 Bedroom Apartments

Meadowood Apartments

304 Meadowood CtLouisville, KY 40214
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The Montair
1 to 2 Bedroom Apartments

The Montair

7739 Brookview DrLouisville, KY 40214
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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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Park Place Apartments
2 Bedroom Apartments

Park Place Apartments

7500 Cranfill WayLouisville, KY 40214
Corporate Housing

Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers

Stop driving and start living! We highlight the best Louisville neighborhoods—from Beechmont to Audubon Park—with great rentals near top job providers.

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Royal Gardens
1 to 2 Bedroom Apartments

Royal Gardens

1004 Royal Gardens CtLouisville, KY 40214
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Colonial Oaks
1 to 2 Bedroom Apartments

Colonial Oaks

5011 Southside DrLouisville, KY 40214
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Rosewood Manor
2 Bedroom Apartments

Rosewood Manor

2200 Rosewood WayLouisville, KY 40214

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-43, Page 1 of 1

Auburndale, Louisville, KY Local Guide

Cheapest Available Auburndale Apartments for Rent

 

The cheapest available apartment rental in the Auburndale area of Louisville, KY is a 1 Bed unit found at Southwood priced from $749. Iroquois Green has the second lowest priced unit, which is a 1 Bed apartment currently listed from $755. Here are the most affordable Auburndale apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Southwood1 Bed, 1 bath1BR,1BA$749
Iroquois Green1 Bedroom - Garden Level1BR,1BA$755
Yvonne Apartments1BR/1BA1BR,1BA$795
Indigo at the Park1 Bedroom 1 Bathroom1BR,1BA$800
Parkridge Pointe1 Bedroom1BR,1BA$800
Bridlewood Crossing2 Bedroom2BR,1BA$820
Heritage Green ApartmentsThe Single1BR,1BA$829
Maple Run ApartmentsMaple Run | 2b/1ba2BR,1BA$900
St Anthony GardensUpdated 2 Bed 1 Bath Apartment2BR,1BA$924
Park Place Apartments2 Bed 2 Bath - B12BR,2BA$925

Best Value Apartments for Rent in Auburndale, KY

As of April 26, 2026 the best value apartment in the Auburndale area is the $1.16 price per square foot 2 Bed 1.5 Bath Classic - TH2 Model at Park Place Apartments in the in the South Louisville neighborhood starting from $1,195. The second greatest value Auburndale apartment is the 2 Bedroom Model at Pennacook Pointe starting at $995 with a $1.00 price per square foot in the South Louisville neighborhood. Here is today’s list of the best values for Auburndale apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Park Place Apartments2 Bed 1.5 Bath Classic - TH22BR,1.5BA$1.16
Pennacook Pointe2 Bedroom2BR,1BA$1.00
Overlook Terraces2 Bedroom2BR,2BA$1.23
St Anthony GardensFully Remodeled 2 Bedroom2BR,1.5BA$1.22
Maple Run ApartmentsMaple Run | 2b/1ba2BR,1BA$1.07
The Kensington of LouisvilleCozy Two Bedroom Apartment Home with Washer/Dry...2BR,1BA$1.21
Patriot Crossing2 Bedroom 1 Bath2BR,1BA$1.18
Indigo at the Park1 Bedroom 1 Bathroom1BR,1BA$1.07
Yvonne Apartments1BR/1BA1BR,1BA$1.22
Iroquois Green1 Bedroom - Garden Level1BR,1BA$1.26

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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The Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Louisville, KY | Find Louisville Off-Campus Student Housing at ApartmentHomeLiving.com

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Best Local Schools in
Auburndale, Louisville, KY

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Auburndale, Louisville, and the greater Louisville area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, kid and pet-friendly communities, availability of transit options, and more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Auburndale Apartments

What is the price of a cheap apartment in Auburndale?

The cheapest apartment in Auburndale is Southwood which is listed at $749, while the average apartment in Auburndale costs $1,565.

What types of apartments are the cheapest in Auburndale?

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 49 regular apartments in Auburndale 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 Auburndale?

Cheap apartments in Auburndale have an average cost of $347 which is $1,218 cheaper than the average rent for all rentals in Auburndale.

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

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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.

decorative image for The Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters article

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.

decorative image for Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers article

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

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.

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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.