Cheap Apartments for Rent in the Audubon Park Neighborhood of Louisville, KY from $500 (52 Rentals)

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

property at 1702 S 2nd St

$875 - $1,100

1 To 2 Bedroom Rentals

Available Now

1702 S 2nd St

LouisvilleKY40208

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 570 Lilly Ave

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250

2 Bedroom, 1 Bath Home for Rent

Available Now

570 Lilly Ave

LouisvilleKY40217
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Nightingale Apartments
2 Bedroom Apartments

Nightingale Apartments

1447 Nightingale RdLouisville, KY 40213
  • 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
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Douglas Park Apartments
1 to 3 Bedroom Apartments

Douglas Park Apartments

401 Douglas ParkLouisville, KY 40214
  • Utilities Included

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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Kenwood Arms
Studio to 2 Bedroom Apartments

Kenwood Arms

104 Kenwood CtLouisville, KY 40214
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1386 S 3rd St
1 to 2 Bedroom Apartments

1386 S 3rd St

1386 S 3rd StLouisville, KY 40208
Student Housing
  • Utilities Included
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Douglass Manor
Studio to 2 Bedroom Apartments

Douglass Manor

2045 Douglass BlvdLouisville, KY 40205
  • Utilities Included
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Wellesley Townhouses
2 Bedroom Apartments

Wellesley Townhouses

1600 S 2nd StLouisville, KY 40208
  • Utilities Included
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Colonial Oaks
1 to 2 Bedroom Apartments

Colonial Oaks

5011 Southside DrLouisville, 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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property at 409 W Gaulbert Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Now

409 W Gaulbert Ave

LouisvilleKY40208
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1629 S 4th St
2 Bedroom Apartments

1629 S 4th St

1629 S 4th StLouisville, KY 40208
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1524-1530 S 2nd St
3 Bedroom Apartments

1524-1530 S 2nd St

1524-1530 S 2nd StLouisville, KY 40208
  • Utilities Included
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1445 S 3rd St
1 to 3 Bedroom Apartments

1445 S 3rd St

1445 S 3rd StLouisville, KY 40208
Furnished
  • Utilities Included
  • Smoke Free
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1524 S 4th St
1 to 3 Bedroom Apartments

1524 S 4th St

1524 S 4th StLouisville, KY 40208

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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Showing Results 1-50, Page 1 of 2

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 1 Bed unit found at Kenwood Arms priced from $825. Cardinal Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here are the most affordable Audubon Park apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Kenwood ArmsKenwood Arms - 1b/1ba1BR,1BA$825
Cardinal Village Apartments1x1 with Balcony1BR,1BA$899
Preston OaksThoroughbred2BR,1BA$899
Heights at Audubon Park1BR/1.0BA1BR,1BA$900
Poplar Terrace1BR/1BA1BR,1BA$949
St. Francis ApartmentsThe Bardstown2BR,1BA$1,005

Best Value Apartments for Rent in Audubon Park, KY

As of May 25, 2026 the best value apartment in the Audubon Park area is the $0.99 price per square foot 1436 S 3rd St Model at 1436 S 3rd St, Unit #1 in the in the Phoenix Hill neighborhood starting from $945. The second greatest value Audubon Park apartment is the Kenwood Arms - 2 bedroom/1 bath Model at Kenwood Arms starting at $985 with a $1.13 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1436 S 3rd St, Unit #11436 S 3rd St1BR,1BA$0.99
Kenwood ArmsKenwood Arms - 2 bedroom/1 bath2BR,1BA$1.13
St. Francis ApartmentsThe Douglass1BR,1BA$1.28
Highlands 2 bedroom apartment walking distance to Bardstown Road.2BR/1.0BA2BR,1BA$1.37
216 W Burnett Ave, Unit 226B216 W Burnett Ave2BR,1BA$1.35
Heights at Audubon ParkHeights at Audubon 2BR2BR,1BA$1.35
307 Woodbine St, Unit 3307 Woodbine St1BR,1BA$1.11
Preston OaksThoroughbred2BR,1BA$1.32
Poplar Terrace1BR/1BA1BR,1BA$1.44
1944 Deerwood Ave, Unit 21944 Deerwood Ave1BR,1BA$1.15

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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Pet Friendly Lifestyle
Audubon Park, Louisville, KY

Ranked #131

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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 $1,485.

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 10 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

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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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.

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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.