Cheap Apartments for Rent in the Bonnycastle Neighborhood of Louisville, KY from $700 (16 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Bonnycastle 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.

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Cherokee Triangle
1 Bedroom Apartments

Cherokee Triangle

2454 Grinstead DrLouisville, KY 40204
  • Utilities Included
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Parkside Wallace
1 to 2 Bedroom Apartments

Parkside Wallace

2515-2519 Wallace AveLouisville, KY 40205
  • Utilities Included

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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Midland
1 Bedroom Apartments

Midland

2020 Midland AveLouisville, KY 40204
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Douglass Manor
Studio to 2 Bedroom Apartments

Douglass Manor

2045 Douglass BlvdLouisville, KY 40205
  • Utilities Included
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The Bordeaux
2 Bedroom Apartments

The Bordeaux

1418 Willow AveLouisville, KY 40204
  • 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.

Bonnycastle, Louisville, KY Local Guide

Cheapest Available Bonnycastle Apartments for Rent

 

The cheapest available apartment rental in the Bonnycastle area of Louisville, KY is a Studio unit found at Baringer Manor priced from $950. A Little Holiday Wish Come True: No rent until January! has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,025. Here are the most affordable Bonnycastle apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Baringer ManorStudioStudio,1BA$950
A Little Holiday Wish Come True: No rent until January!2BR/1.0BA2BR,1BA$1,025
GrinsteadStudio with BalconyStudio,1BA$1,059
St. Francis ApartmentsThe Douglass1BR,1BA$1,065
Highlands 2 bedroom apartment walking distance to Bardstown Road.2BR/1.0BA2BR,1BA$1,150

Best Value Apartments for Rent in Bonnycastle, KY

As of May 20, 2026 the best value apartment in the Bonnycastle area is the $2.00 price per square foot 1518 Norris Pl Model at 1518 Norris Pl in the in the Phoenix Hill neighborhood starting from $2,400. The second greatest value Bonnycastle apartment is the 2109 Village Dr Model at 2109 Village Dr, Unit 6 starting at $1,650 with a $1.50 price per square foot in the Hayfield Dundee neighborhood. Here is today’s list of the best values for Bonnycastle apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1518 Norris Pl1518 Norris Pl2BR,1BA$2.00
2109 Village Dr, Unit 62109 Village Dr2BR,1BA$1.50
A Little Holiday Wish Come True: No rent until January!2BR/1.0BA2BR,1BA$1.16
St. Francis ApartmentsThe Douglass1BR,1BA$1.28
Highlands 2 bedroom apartment walking distance to Bardstown Road.2BR/1.0BA2BR,1BA$1.37
1944 Deerwood Ave, Unit 21944 Deerwood Ave1BR,1BA$1.15
2189 Baringer Ave2 Bedroom/1 Bathroom2BR,1BA$1.84
Dundee Place ApartmentsBelknap1BR,1BA$1.94
Baringer ManorStudioStudio ,1BA$1.73
GrinsteadStudio with BalconyStudio ,1BA$2.14

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 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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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.

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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
Bonnycastle, Louisville, KY

Ranked #142

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Bonnycastle Apartments

How much is rent for a Cheap One Bedroom Bonnycastle Apartment?

The lowest price for a Cheap One Bedroom Bonnycastle Apartment is $1,065 at St. Francis Apartments.

What is the lowest price for a Cheap Two Bedroom Bonnycastle Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Bonnycastle is starting from $1,025 at A Little Holiday Wish Come True: No rent until January!.

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

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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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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.

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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.

Articles, How-To's, and Tips

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.