
Cheap Apartments for Rent in the Audubon Park Neighborhood of Louisville, KY from $500 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Audubon Park area of Louisville.


1829 S 3rd St

1039 Parkway Dr

4401 S 2nd St

Poplar Terrace

Kenwood Arms
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.

1361 S Brook St

1331 S Floyd St

1503 S 4th St

Total Monthly Price
1516 Norris Pl, Unit 3

Total Monthly Price
Preston Oaks

1319 S 2nd St
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.

Old Louisville - 1500 S 2nd St

Douglas Park Apartments

Nightingale Apartments

1337 S 4th St

1386 S 3rd St

Douglass Manor
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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.
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 | $1,029 | $799 | $1,259 |
| Audubon Park 1 Bedroom Apartments | $1,090 | $695 | $1,750 |
| Audubon Park 2 Bedroom Apartments | $1,310 | $850 | $2,400 |
| Audubon Park 3 Bedroom Apartments | $1,545 | $1,095 | $1,900 |
Browse Apartments in this Neighborhood
There are currently 18 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 1 Bed unit found at Kenwood Arms priced from $825. Preston Oaks has the second lowest priced unit, which is a 2 Beds apartment currently listed from $899. Here are the most affordable Audubon Park apartments for rent in Louisville, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Kenwood Arms | Kenwood Arms - 1b/1ba | 1BR,1BA | $825 |
| Preston Oaks | Thoroughbred | 2BR,1BA | $899 |
| Poplar Terrace | 1BR/1BA | 1BR,1BA | $949 |
| St. Francis Apartments | The Bardstown | 2BR,1BA | $1,055 |
Best Value Apartments for Rent in Audubon Park, KY
As of February 23, 2026 the best value apartment in the Audubon Park area is the $1.27 price per square foot 3BR/2.0BA Model at 816 Ash St. in the in the Phoenix Hill neighborhood starting from $1,900. The second greatest value Audubon Park apartment is the 4 Bed, 4 Bath Classic Pool View Model at Yugo Louisville Nine starting at $729 with a $0.52 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. |
|---|---|---|---|
| 816 Ash St. | 3BR/2.0BA | 3BR,2BA | $1.27 |
| Yugo Louisville Nine | 4 Bed, 4 Bath Classic Pool View | 4BR,4BA | $0.52 |
| 175 Gillette Ave, Unit 1 | 175 Gillette Ave | 2BR,1BA | $1.00 |
| Kenwood Arms | Kenwood Arms - Waiting List (2b/1b) | 2BR,1BA | $1.13 |
| St. Francis Apartments | The Douglass | 1BR,1BA | $1.34 |
| 2101 Speed Ave | 2BR/1.0BA | 2BR,1BA | $1.44 |
| 216 W Burnett Ave, Unit 226B | 216 W Burnett Ave | 2BR,1BA | $1.35 |
| 226 W Burnett Ave | 226 W Burnett Ave | 2BR,1BA | $1.33 |
| 1516 Norris Pl, Unit 3 | 1516 Norris Pl | 1BR,1BA | $1.21 |
| Preston Oaks | Mustang | 1BR,1BA | $1.39 |
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 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.
Read ArticleCash 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.
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 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 #123
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet 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 Kenwood Arms which is listed at $825, while the average apartment in Audubon Park costs $1,490.
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 11 regular apartments in Audubon Park 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 Audubon Park?
Cheap apartments in Audubon Park have an average cost of $289 which is $1,201 cheaper than the average rent for all rentals in Audubon Park.
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.
Articles, How-To's, and Tips

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.

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.

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.