Cheap Apartments for Rent in the Audubon Park Neighborhood of Louisville, KY from $500 (45 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

close
View Me
2607 Preston Hwy, Unit #3
$925
Total Monthly Price

Total Monthly Price

Base Rent
$925

Total Monthly Price
$925
1 Bedroom Apartment Available Now

2607 Preston Hwy, Unit #3

2607 Preston HwyLouisville, KY 40217
Furnished
  • Smoke Free

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.

close
View Me
1337 S 4th St
Studio to 2 Bedroom Apartments

1337 S 4th St

1337 S 4th StLouisville, KY 40208
close
View Me
Nightingale Apartments
2 Bedroom Apartments

Nightingale Apartments

1447 Nightingale RdLouisville, KY 40213
  • Utilities Included
close
View Me
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.

close
View Me
Kenwood Arms
Studio to 2 Bedroom Apartments

Kenwood Arms

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

1386 S 3rd St

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

Douglass Manor

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

Wellesley Townhouses

1600 S 2nd StLouisville, KY 40208
  • 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.

close
View Me
2101 Speed Ave
2 Bedroom Apartments

2101 Speed Ave

2101 Speed AveLouisville, KY 40205
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
close
View Me
1629 S 4th St
2 Bedroom Apartments

1629 S 4th St

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

1524-1530 S 2nd St

1524-1530 S 2nd StLouisville, KY 40208
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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 2 Beds unit found at Preston Oaks priced from $869. Heights at Audubon Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here are the most affordable Audubon Park apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Preston OaksThoroughbred2BR,1BA$869
Heights at Audubon ParkHeights at Audubon 1BR1BR,1BA$875
Colonial Oaks Apartments1 Bed1BR,1BA$899
Cardinal Village Apartments1x1 Lower Level1BR,1BA$899
Poplar Terrace1BR/1BA1BR,1BA$949
Kenwood ArmsKenwood Arms - 2 bedroom/1 bath2BR,1BA$985
St. Francis ApartmentsThe Bardstown2BR,1BA$1,030

Best Value Apartments for Rent in Audubon Park, KY

As of July 09, 2026 the best value apartment in the Audubon Park area is the $0.75 price per square foot 2229 S Shelby St Model at 2229 S Shelby St, Unit 1 in the in the Downtown Louisville neighborhood starting from $3,000. The second greatest value Audubon Park apartment is the 175 Gillette Ave Model at 175 Gillette Ave, Unit 1 starting at $1,000 with a $1.00 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.
2229 S Shelby St, Unit 12229 S Shelby St6BR,3BA$0.75
175 Gillette Ave, Unit 1175 Gillette Ave2BR,1BA$1.00
Kenwood ArmsKenwood Arms - 2 bedroom/1 bath2BR,1BA$1.13
St. Francis ApartmentsThe Douglass1BR,1BA$1.26
2101 Speed Ave2BR/1.0BA2BR,1BA$1.31
Heights at Audubon ParkHeights at Audubon 2BR2BR,1BA$1.26
216 W Burnett Ave, Unit 226B216 W Burnett Ave2BR,1BA$1.35
Colonial Oaks Apartments1 Bed1BR,1BA$1.28
Preston OaksThoroughbred2BR,1BA$1.28
Poplar Terrace1BR/1BA1BR,1BA$1.44

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 Article
Decorative image

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

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Audubon Park, Louisville, KY

Ranked #115

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

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 Heights at Audubon Park which is listed at $875, while the average apartment in Audubon Park costs $3,000.

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 8 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

decorative image for The 10 Best Affordable Neighborhoods for Renting in Louisville, KY article

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.

decorative image for Bourbon, Baseball, and the Blues: Your Insider's Guide to Louisville, Kentucky article

Bourbon, Baseball, and the Blues: Your Insider's Guide to Louisville, Kentucky

Written by: Mike Heuer

Louisville is one great city in which to visit, live, work, and raise a family. It has excellent and reasonably affordable housing, great neighborhoods, and a whole lot more to offer its residents and visitors alike.

Articles, How-To's, and Tips

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.