
Cheap Apartments for Rent in the Audubon Park Neighborhood of Louisville, KY from $500 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in the Audubon Park area of Louisville.


307 Woodbine St

538 Lilly Ave

4401 S 2nd St

Poplar Terrace

Preston Oaks

2235 1/2 S Shelby St

1702 S 2nd St

1361 S Brook St
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.

Heights at Audubon Park

Colonial Oaks Apartments

Cardinal Village Apartments

Total Monthly Price
2607 Preston Hwy, Unit #3

513 E Ormsby Ave

1304 S Brook St

Total Monthly Price
175 Gillette Ave, Unit 1

705 Camp St

St. Francis Apartments
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.

216 W Burnett Ave, Unit 226B

1439 Nightingale Rd

620 Eastern Pkwy

1438 S 2nd St

Dundee Place Apartments

Old Louisville - 1500 S 2nd St

1337 S 4th St

Nightingale Apartments

Douglas 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.

Kenwood Arms

2005 Woodbourne Ave

1386 S 3rd St

Douglass Manor

Grasmere Apartments

2138 Crittenden Dr

Crestview at Louisville

Wellesley Townhouses

1706 Cowling Ave
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.

2101 Speed Ave

1959 Duker Ave

409 W Gaulbert Ave

409 W Gaulbert Ave

1629 S 4th St

1524-1530 S 2nd St

2079 Douglass Blvd

104-112 Magnolia Ave

2520 S 3rd St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Audubon Park, Louisville, KY Local Guide

How much does it cost to rent an apartment in Audubon Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Audubon Park Studio Apartments | $1,449 | $799 | $1,685 |
| Audubon Park 1 Bedroom Apartments | $1,159 | $695 | $1,910 |
| Audubon Park 2 Bedroom Apartments | $1,294 | $850 | $2,400 |
| Audubon Park 3 Bedroom Apartments | $1,110 | $920 | $1,300 |
| Audubon Park 4 Bedroom Apartments | $1,299 | $1,299 | $1,299 |
Browse Apartments in this Neighborhood
There are currently 45 rentals with your search options within a 2 mile radius of the Audubon Park Neighborhood of Louisville, KY.
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Audubon Park, Louisville, KY Local Guide
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Cheapest Available Audubon Park Apartments for Rent
 The cheapest available apartment rental in the Audubon Park area of Louisville, KY is a 2 Beds unit found at Preston Oaks priced from $869. Heights at Audubon Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here are the most affordable Audubon Park apartments for rent in Louisville, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Preston Oaks | Thoroughbred | 2BR,1BA | $869 |
| Heights at Audubon Park | Heights at Audubon 1BR | 1BR,1BA | $875 |
| Colonial Oaks Apartments | 1 Bed | 1BR,1BA | $899 |
| Cardinal Village Apartments | 1x1 Lower Level | 1BR,1BA | $899 |
| Poplar Terrace | 1BR/1BA | 1BR,1BA | $949 |
| Kenwood Arms | Kenwood Arms - 2 bedroom/1 bath | 2BR,1BA | $985 |
| St. Francis Apartments | The Bardstown | 2BR,1BA | $1,030 |
Best Value Apartments for Rent in Audubon Park, KY
As of July 09, 2026 the best value apartment in the Audubon Park area is the $0.75 price per square foot 2229 S Shelby St Model at 2229 S Shelby St, Unit 1 in the in the Downtown Louisville neighborhood starting from $3,000. The second greatest value Audubon Park apartment is the 175 Gillette Ave Model at 175 Gillette Ave, Unit 1 starting at $1,000 with a $1.00 price per square foot in the Downtown Louisville neighborhood. Here is today’s list of the best values for Audubon Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2229 S Shelby St, Unit 1 | 2229 S Shelby St | 6BR,3BA | $0.75 |
| 175 Gillette Ave, Unit 1 | 175 Gillette Ave | 2BR,1BA | $1.00 |
| Kenwood Arms | Kenwood Arms - 2 bedroom/1 bath | 2BR,1BA | $1.13 |
| St. Francis Apartments | The Douglass | 1BR,1BA | $1.26 |
| 2101 Speed Ave | 2BR/1.0BA | 2BR,1BA | $1.31 |
| Heights at Audubon Park | Heights at Audubon 2BR | 2BR,1BA | $1.26 |
| 216 W Burnett Ave, Unit 226B | 216 W Burnett Ave | 2BR,1BA | $1.35 |
| Colonial Oaks Apartments | 1 Bed | 1BR,1BA | $1.28 |
| Preston Oaks | Thoroughbred | 2BR,1BA | $1.28 |
| Poplar Terrace | 1BR/1BA | 1BR,1BA | $1.44 |
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.
Read ArticleThe 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
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
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.
Pet Friendly LifestyleAudubon Park, Louisville, KY
Ranked #115
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Audubon Park, Louisville, KY
School data provided by Great Schools
Frequently Asked Questions about Cheap Audubon Park Apartments
What is the price of a cheap apartment in Audubon Park?
The cheapest apartment in Audubon Park is Heights at Audubon Park which is listed at $875, while the average apartment in Audubon Park costs $3,000.
What types of apartments are the cheapest in Audubon Park?
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 8 regular apartments in Audubon Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

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.

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.

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.

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.
Articles, How-To's, and Tips

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
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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.

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.

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.