Cheap Apartments for Rent in the Audubon Park Neighborhood of Louisville, KY from $500 (21 Rentals)

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

property at 538 Lilly Ave

538 Lilly Ave

LouisvilleKY40217
property at 1829 S 3rd St

1829 S 3rd St

LouisvilleKY40208

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Douglas Park Apartments
1 to 3 Bedroom Apartments

Douglas Park Apartments

401 Douglas ParkLouisville, KY 40214
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

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.

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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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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
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Wellesley Townhouses
2 Bedroom Apartments

Wellesley Townhouses

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

Colonial Oaks

5011 Southside DrLouisville, KY 40214
  • Utilities Included

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.

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. Poplar Terrace has the second lowest priced unit, which is a Studio apartment currently listed from $839. 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
Poplar TerraceStudioStudio,1BA$839
Cardinal Village Apartments1x1 Lower Level1BR,1BA$910
Preston OaksThoroughbred2BR,1BA$959
Kenwood ArmsKenwood Arms - Waiting List (2b/1b)2BR,1BA$1,000

Best Value Apartments for Rent in Audubon Park, KY

As of July 07, 2025 the best value apartment in the Audubon Park area is the $1.05 price per square foot 1445 S 3rd St Model at 1445 S 3rd St, Unit 7 in the in the Phoenix Hill neighborhood starting from $4,200. The second greatest value Audubon Park apartment is the 1445 S 3rd St Model at 1445 S 3rd St, Unit Upper Level starting at $2,700 with a $1.35 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.
1445 S 3rd St, Unit 71445 S 3rd St6BR,3BA$1.05
1445 S 3rd St, Unit Upper Level1445 S 3rd St3BR,1BA$1.35
1524 S 4th St3 Beds, 1.5 Baths3BR,1.5BA$1.14
1445 S 3rd St3x13BR,1BA$0.55
Kenwood ArmsKenwood Arms - Waiting List (2b/1b)2BR,1BA$1.14
St. Francis ApartmentsThe Bardstown2BR,1BA$1.30
Yugo Louisville Nine2 Bed, 2 Bath Classic Pool View2BR,2BA$1.05
226 W Burnett Ave, Unit 218226 W Burnett Ave2BR,1BA$1.33
2607 Preston Hwy, Unit #12607 Preston Hwy1BR,1BA$1.29
Preston OaksThoroughbred2BR,1BA$1.41

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Pet Friendly Lifestyle
Audubon Park, Louisville, KY

Ranked #122

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

Pet Friendliness Lifestyle Score

3.5
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 $1,250.

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

The cheapest apartment in Audubon Park is Cardinal Village Apartments which is listed at $910, while the average apartment in Audubon Park costs $4,200.

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 3 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 $320 which is $3,880 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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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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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.