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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property at 6308 S 3rd St

$1,025

Total Monthly Price

Total Monthly Price

Base Rent
$1,025
Total Monthly Price
$1,025

2 Bedroom, 1 Bath Home for Rent

Available Now

6308 S 3rd St

LouisvilleKY40214

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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Glen Hollow Apartments
1 to 2 Bedroom Apartments

Glen Hollow Apartments

800 Glen Hollow DrLouisville, KY 40214
  • Utilities Included
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Meadowood Apartments
2 Bedroom Apartments

Meadowood Apartments

304 Meadowood CtLouisville, KY 40214
  • 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.

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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
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Royal Gardens
1 to 2 Bedroom Apartments

Royal Gardens

1004 Royal Gardens CtLouisville, KY 40214
  • Utilities Included

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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Rosewood Manor
2 Bedroom Apartments

Rosewood Manor

2200 Rosewood WayLouisville, KY 40214
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
KensingtonKYKST 2x1 825sqft - W/D Included2BR,1BA$850
New Cut Apartments1BR/1.0BA1BR,1BA$850
Pennacook PointeSummer Special2BR,1BA$895

Best Value Apartments for Rent in Auburndale, KY

As of June 10, 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
Maple Run ApartmentsMaple Run | 2b/1ba2BR,1BA$1.07
KensingtonKYKST 2x1 825sqft - W/D Included2BR,1BA$1.03
Patriot Crossing2 Bedroom 1 Bath2BR,1BA$1.24
New Cut Apartments1BR/1.0BA1BR,1BA$1.10
Indigo at the Park1 Bedroom 1 Bathroom1BR,1BA$1.07
Yvonne Apartments1BR/1BA1BR,1BA$1.22
Iroquois Green1 Bedroom - Garden Level1BR,1BA$1.26

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 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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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How much rent can you afford?

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 $1,499.

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 2 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 $185 which is $1,314 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.

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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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Bourbon, Baseball, and the Blues: Your Insiders 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.

Articles, How-To's, and Tips

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.