Cheap Apartments for Rent in the Butchertown Neighborhood of Louisville, KY from $400 (175 Rentals)

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

property at 1206 S Preston St

$650 - $795

Studio To 1 Bedroom Rentals

Available Now

1206 S Preston St

LouisvilleKY40203

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.

property at 1204 Lexington Rd

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

1 Bedroom, 1 Bath Home for Rent

Available Now

1204 Lexington Rd

LouisvilleKY40204
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The St. Francis Apartments
Rent Specials
$852 - $1,260
Total Monthly Price

Total Monthly Price

Base Rent
$852 - $1,260

Total Monthly Price
$852 - $1,260
Studio to 2 Bedroom Apartments Available Now

The St. Francis Apartments

233 W BroadwayLouisville, KY 40202
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  • Utilities Included

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Butchertown, Louisville, KY Local Guide

Cheapest Available Butchertown Apartments for Rent

 

The cheapest available apartment rental in the Butchertown area of Louisville, KY is a Studio unit found at The Puritan Senior Living - 62 & Over priced from $200. 800 Towers Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $715. Here are the most affordable Butchertown apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
The Puritan Senior Living - 62 & OverStudioStudio,1BA$200
800 Towers ApartmentsStudioStudio,1BA$715
Old Louisville - 1219 S 6th StS6th01Studio,1BA$795
Riverside Flats1BR/1.0BA1BR,1BA$795
AVIA North ShoreStudioStudio,1BA$799
Lofts on OrmsbyStudioStudio,1BA$800
The Quad0BR/1.0BAStudio,1BA$825
Crescent Centre Apartments & TownhomesOne Bedroom-699 sqft1BR,1BA$825
Lindsay Court Apartments1 Bedroom - Square Kitchen1BR,1BA$829
Germantown Village Apartments1 Bedroom1BR,1BA$849

Best Value Apartments for Rent in Butchertown, KY

As of July 09, 2026 the best value apartment in the Butchertown area is the $1.14 price per square foot 222 E Oak St Model at 222 E Oak St, Unit 1 in the in the Phoenix Hill neighborhood starting from $1,550. The second greatest value Butchertown apartment is the 164 Pope St Model at 164 Pope St, Unit 1 starting at $1,395 with a $1.16 price per square foot in the Phoenix Hill neighborhood. Here is today’s list of the best values for Butchertown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
222 E Oak St, Unit 1222 E Oak St3BR,2BA$1.14
164 Pope St, Unit 1164 Pope St2BR,1BA$1.16
1423 Debarr St, Unit 11423 Debarr St1BR,1BA$0.99
Nora3 Bedroom 2 Bathroom3BR,2BA$1.18
535 E Kentucky St, Unit 1F535 E Kentucky St2BR,1BA$1.20
103 E Harrison Ave, Unit 3103 E Harrison Ave2BR,1BA$1.06
Glassworks Lofts1 Bedroom - 1 Bathroom1BR,1BA$1.21
1600 Beechwood Ave, Unit 41600 Beechwood Ave1BR,1BA$1.17
809 E Maple St, Unit 807-809 E. Maple St - 809-A809 E Maple St1BR,1BA$1.20
800 Towers ApartmentsStudioStudio ,1BA$1.19

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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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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Lifestyle Ratings

Our team of engineers and researchers compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Kentucky, including Louisville. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, pet-friendly features, places that make kids happy, proximity to transit, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Butchertown Apartments

What is the Cheapest Studio apartment in Butchertown?

Currently the most affordable Cheap Studio Apartment in Butchertown is at The Puritan Senior Living - 62 & Over listed at $200.

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

The lowest price for a Cheap One Bedroom Butchertown Apartment is $792 at 800 Towers Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Butchertown is starting from $929 at Lindsay Court Apartments.

What is the most affordable Butchertown Three Bedroom Apartment?

The best deal on a cheap Butchertown Three Bedroom Apartment rental is at The Cornerstone and starts from $1,200.

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.

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Louisville is a terrific location to get an advanced education at one of its many great colleges and universities.

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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.

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