Cheap Apartments for Rent in the Audubon Park Neighborhood of Louisville, KY from $500 (14 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Douglas Park Apartments
1 to 3 Bedroom Apartments

Douglas Park Apartments

401 Douglas ParkLouisville, KY 40214
  • Utilities Included
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1337 S 4th St
Studio to 2 Bedroom Apartments

1337 S 4th St

1337 S 4th StLouisville, KY 40208

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Nightingale Apartments
2 Bedroom Apartments

Nightingale Apartments

1447 Nightingale RdLouisville, KY 40213
  • Utilities Included
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Douglass Manor
Studio to 1 Bedroom Apartments

Douglass Manor

2045 Douglass BlvdLouisville, KY 40205
  • Utilities Included

Audubon Park, Louisville, KY Local Guide

Cheapest Available Audubon Park Apartments for Rent

 

The cheapest available apartment rental in the Audubon Park area of Louisville, KY is a 4 Beds unit found at Yugo Louisville Nine priced from $709. Lofts on Ormsby has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here are the most affordable Audubon Park apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Yugo Louisville Nine4 Bed, 4 Bath Classic Balcony4BR,4BA$709
Lofts on OrmsbyStudioStudio,1BA$725
Addison Park ApartmentsOne Bed One Bath1BR,1BA$788
Heritage Green ApartmentsThe Single1BR,1BA$829
Poplar TerraceStudioStudio,1BA$839

Best Value Apartments for Rent in Audubon Park, KY

As of May 21, 2025 the best value apartment in the Audubon Park area is the $1.14 price per square foot 3 Beds, 1.5 Baths Model at 1524 S 4th St in the in the Phoenix Hill neighborhood starting from $1,250. The second greatest value Audubon Park apartment is the 1303 S 1st St Model at 1303 S 1st St starting at $1,000 with a $1.00 price per square foot in the Phoenix Hill neighborhood. Here is today’s list of the best values for Audubon Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1524 S 4th St3 Beds, 1.5 Baths3BR,1.5BA$1.14
1303 S 1st St1303 S 1st St1BR,1BA$1.00
St. Francis ApartmentsThe Bardstown2BR,1BA$1.31
Yugo Louisville Nine2 Bed, 2 Bath Classic Pool View2BR,2BA$1.05
Derby Row | Student HousingBelmont2BR,2BA$1.22
Preston OaksThoroughbred2BR,1BA$1.41
800 Towers ApartmentsStudioStudio ,1BA$1.43
Addison Park ApartmentsOne Bed One Bath1BR,1BA$1.31
Cardinal Village Apartments1x1 with Balcony1BR,1BA$1.67
Icon ApartmentsStudio 1 bathStudio ,1BA$1.64

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Pet Friendly Lifestyle
Audubon Park, Louisville, KY

Ranked #95

Among neighborhoods in Louisville, KY for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Audubon Park Neighborhood in Louisville, KY

Walk Score®

56 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

50 / 100

Bikeable

Some bike infrastructure

Transit Score®

29 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Audubon Park Apartments

What is a cheap apartment in Audubon Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Audubon Park is under $959.

What is the price of a cheap apartment in Audubon Park?

The cheapest apartment in Audubon Park is Addison Park Apartments which is listed at $788, while the average apartment in Audubon Park costs $1,510.

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 4 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 $197 which is $1,313 cheaper than the average rent for all rentals in Audubon Park.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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