Cheap Apartments for Rent in the Bellewood Neighborhood of Louisville, KY from $600 (19 Rentals)

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

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property at 501 Wallace Ave

$1,195

2 Bedroom, 1 Bath Home for Rent

Available Now

501 Wallace Ave

LouisvilleKY40207

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Waterford Place
1 to 2 Bedroom Apartments

Waterford Place

4105 Waterford CirLouisville, KY 40207
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2702 Riedling Dr
2 Bedroom Apartments

2702 Riedling Dr

2702 Riedling DrLouisville, KY 40206
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Berkshire Apartments
2 Bedroom Apartments

Berkshire Apartments

200 Crescent AveLouisville, KY 40206
  • Utilities Included

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Cheapest Available Bellewood Apartments for Rent

 

The cheapest available apartment rental in the Bellewood area of Louisville, KY is a 1 Bed unit found at Village Manor Apartments priced from $962. Mallard Crossing at St. Matthews has the second lowest priced unit, which is a Studio apartment currently listed from $964. Here are the most affordable Bellewood apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Village Manor Apartments1x1-610 FLAT1BR,1BA$962
Mallard Crossing at St. MatthewsStudio AStudio,1BA$964
Cypress Pointe1x1 Upgrade1BR,1BA$999
Waterford PlaceBRADFORD1BR,1BA$1,006
Halsey FlatsWaterfront1BR,1BA$1,050

Best Value Apartments for Rent in Bellewood, KY

As of January 07, 2026 the best value apartment in the Bellewood area is the $1.67 price per square foot Samson I Model at Bull Run Townhomes in the in the Harrods Creek neighborhood starting from $3,300. The second greatest value Bellewood apartment is the 321 Ridgedale Rd Model at 321 Ridgedale Rd, Unit 1 starting at $950 with a $1.06 price per square foot in the Crescent Hill neighborhood. Here is today’s list of the best values for Bellewood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bull Run TownhomesSamson I3BR,2.5BA$1.67
321 Ridgedale Rd, Unit 1321 Ridgedale Rd2BR,1BA$1.06
Nora2 Bedroom 1 Bathroom2BR,1BA$1.21
Prospect Park ApartmentsA11BR,1BA$1.42
Halsey FlatsWaterfront1BR,1BA$1.37
Cypress Pointe1x11BR,1BA$1.59
Mallard Crossing at St. Matthews1x1 A1BR,1BA$2.07
Village Manor Apartments1x1-610 FLAT1BR,1BA$1.58
Waterford PlaceDOGWOOD Phase II1BR,1BA$1.86
302 Crescent Ct, Unit 2302 Crescent Ct1BR,1BA$1.68

Frequently Asked Questions about Cheap Bellewood Apartments

What is a cheap apartment in Bellewood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Bellewood is under $3,300.

What is the price of a cheap apartment in Bellewood?

The cheapest apartment in Bellewood is Village Manor Apartments which is listed at $962, while the average apartment in Bellewood costs $1,795.

What types of apartments are the cheapest in Bellewood?

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 6 regular apartments in Bellewood 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 Bellewood?

Cheap apartments in Bellewood have an average cost of $114 which is $1,681 cheaper than the average rent for all rentals in Bellewood.

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

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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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.