
Cheap Apartments for Rent in the Audubon Park Neighborhood of Louisville, KY from $500 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Audubon Park area of Louisville.


Lofts on Ormsby

2005 Woodbourne Ave

Addison Park Apartments
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.

1516 S 2nd St

Heritage Green Apartments

Poplar Terrace

The Lux Townhomes
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.
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 | $923 | $725 | $1,259 |
Audubon Park 1 Bedroom Apartments | $1,055 | $695 | $2,250 |
Audubon Park 2 Bedroom Apartments | $1,227 | $850 | $2,400 |
Audubon Park 3 Bedroom Apartments | $1,383 | $1,068 | $1,905 |
Audubon Park 4 Bedroom Apartments | $1,340 | $535 | $1,975 |
Browse Apartments in this Neighborhood
There are currently 14 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 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Yugo Louisville Nine | 4 Bed, 4 Bath Classic Balcony | 4BR,4BA | $709 |
Lofts on Ormsby | Studio | Studio,1BA | $725 |
Addison Park Apartments | One Bed One Bath | 1BR,1BA | $788 |
Heritage Green Apartments | The Single | 1BR,1BA | $829 |
Poplar Terrace | Studio | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1524 S 4th St | 3 Beds, 1.5 Baths | 3BR,1.5BA | $1.14 |
1303 S 1st St | 1303 S 1st St | 1BR,1BA | $1.00 |
St. Francis Apartments | The Bardstown | 2BR,1BA | $1.31 |
Yugo Louisville Nine | 2 Bed, 2 Bath Classic Pool View | 2BR,2BA | $1.05 |
Derby Row | Student Housing | Belmont | 2BR,2BA | $1.22 |
Preston Oaks | Thoroughbred | 2BR,1BA | $1.41 |
800 Towers Apartments | Studio | Studio ,1BA | $1.43 |
Addison Park Apartments | One Bed One Bath | 1BR,1BA | $1.31 |
Cardinal Village Apartments | 1x1 with Balcony | 1BR,1BA | $1.67 |
Icon Apartments | Studio 1 bath | Studio ,1BA | $1.64 |
Quick 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 #95
Among neighborhoods in Louisville, KY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Audubon Park, Louisville, KY
School data provided by Great Schools
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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.

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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.