Cheap Apartments for Rent in the Audubon Neighborhood of Louisville, KY from $500 (60 Rentals)

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

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 1503 S 4th St

$795 - $850

1 Bedroom Rentals

Available Now

1503 S 4th St

LouisvilleKY40208

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 319 W Lee St

$725 - $1,400

1 To 2 Bedroom Rentals

Available Now

319 W Lee St

LouisvilleKY40208
property at 952 S Floyd St

$900 - $925

1 Bedroom Rentals

Available Now

952 S Floyd St

LouisvilleKY40203

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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1026 S 4th St
Studio to 2 Bedroom Apartments

1026 S 4th St

1026 S 4th StLouisville, KY 40203
  • Utilities Included
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Nightingale Apartments
2 Bedroom Apartments

Nightingale Apartments

1447 Nightingale RdLouisville, KY 40213
  • 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.

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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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Old School Apartments
Studio to 1 Bedroom Apartments

Old School Apartments

422 Heywood AveLouisville, KY 40208
Senior Living
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Mayflower Apartments
Studio to 3 Bedroom Apartments

Mayflower Apartments

425 W Ormsby AveLouisville, KY 40203
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431 Kensington Ct
1 Bedroom Apartments

431 Kensington Ct

431 Kensington CtLouisville, KY 40208
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Highland Flats
1 Bedroom Apartments

Highland Flats

1204 Bardstown RdLouisville, KY 40204
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Midland
1 Bedroom Apartments

Midland

2020 Midland AveLouisville, KY 40204
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Schiller Terrace
1 to 2 Bedroom Apartments

Schiller Terrace

1137 Schiller AveLouisville, KY 40204
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Cavalier Apartments
1 to 2 Bedroom Apartments

Cavalier Apartments

1245 S 4th StLouisville, KY 40203
Student Housing
  • Utilities Included

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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Audubon, Louisville, KY Local Guide

Cheapest Available Audubon Apartments for Rent

 

The cheapest available apartment rental in the Audubon area of Louisville, KY is a Studio unit found at The Puritan Senior Living - 62 & Over priced from $200. Lofts on Ormsby has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here are the most affordable Audubon apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
The Puritan Senior Living - 62 & OverStudioStudio,1BA$200
Lofts on OrmsbyStudioStudio,1BA$775
Chapel House Senior Apartments - Age 62+StudioStudio,1BA$776
Germantown Village Apartments1 Bedrooms1BR,1BA$829
Cardinal Village Apartments1x1 Lower Level1BR,1BA$910
Poplar Terrace1BR/1BA1BR,1BA$949
Baringer ManorStudioStudio,1BA$950

Best Value Apartments for Rent in Audubon, KY

As of December 24, 2025 the best value apartment in the Audubon area is the $0.52 price per square foot 4 Bed, 4 Bath Classic Pool View Model at Yugo Louisville Nine in the in the Downtown Louisville neighborhood starting from $729. The second greatest value Audubon apartment is the 402 W Hill St Model at 402 W Hill St, Unit 402 starting at $1,450 with a $1.26 price per square foot in the Phoenix Hill neighborhood. Here is today’s list of the best values for Audubon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Yugo Louisville Nine4 Bed, 4 Bath Classic Pool View4BR,4BA$0.52
402 W Hill St, Unit 402402 W Hill St3BR,1.5BA$1.26
1635 Eastern Pky, Unit 11635 Eastern Pky2BR,1BA$1.27
175 Gillette Ave, Unit 2175 Gillette Ave3BR,1BA$0.90
535 E Kentucky St, Unit 2F535 E Kentucky St2BR,1BA$0.85
The Cornerstone2 Bedroom2BR,1BA$1.11
A Little Holiday Wish Come True: No rent until January!2BR/1.0BA2BR,1BA$1.31
226 W Burnett Ave, Unit 220B226 W Burnett Ave2BR,1BA$1.33
1239 S Brook St, Unit 21239 S Brook St1BR,1BA$0.93
Germantown Village Apartments1 Bedroom with W/D1BR,1BA$1.32

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 Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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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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.

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Pet Friendly Lifestyle
Audubon, Louisville, KY

Ranked #107

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, including Louisville. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and the best outdoor access, pet-friendly features, features that make it easier to raise kids, proximity to transit, and more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Audubon Apartments

What is a cheap apartment in Audubon?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Audubon is under $950.

What is the price of a cheap apartment in Audubon?

The cheapest apartment in Audubon is Germantown Village Apartments which is listed at $829, while the average apartment in Audubon costs $1,200.

What types of apartments are the cheapest in Audubon?

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 18 regular apartments in Audubon 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?

Cheap apartments in Audubon have an average cost of $329 which is $871 cheaper than the average rent for all rentals in Audubon.

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.

Articles, How-To's, and Tips

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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!