Cheap Apartments for Rent in the Cambridge Neighborhood of Louisville, KY from $800 (30 Rentals)

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

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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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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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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3711 Briarbridge Ln
2 Bedroom Apartments

3711 Briarbridge Ln

3711 Briarbridge LnLouisville, KY 40218
  • Utilities Included
  • Smoke Free
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Madrid Apartments
1 to 2 Bedroom Apartments

Madrid Apartments

3005 Mid Dale LnLouisville, KY 40220
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El Patio Apartments
Studio to 2 Bedroom Apartments

El Patio Apartments

2606 El Patio PlLouisville, KY 40220
  • Utilities Included
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Waterford Place
1 to 2 Bedroom Apartments

Waterford Place

4105 Waterford CirLouisville, KY 40207

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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Cambridge, Louisville, KY Local Guide

Cheapest Available Cambridge Apartments for Rent

 

The cheapest available apartment rental in the Cambridge area of Louisville, KY is a 1 Bed unit found at Highgate Springs Apartments priced from $910. Madrid Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $935. Here are the most affordable Cambridge apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Highgate Springs ApartmentsThe Bowman1BR,1BA$910
Madrid ApartmentsPAM1B/1B1BR,1BA$935
East Chase ApartmentsA1 (One Bedroom One Bath)1BR,1BA$964
Four Seasons Apartments - UNDER RENOVATION1 Bedroom 1 Bath1BR,1BA$965
Breckinridge Apartments1x11BR,1BA$972
The Taylor at 5021 Bedroom 1 Bath A1BR,1BA$999
Enclave at BreckenridgeA11BR,1BA$1,025
Mallard Crossing at St. Matthews1x1 A1BR,1BA$1,041
Park Laureate Apartment HomesOne Bedroom - 642 sqft1BR,1BA$1,125

Best Value Apartments for Rent in Cambridge, KY

As of July 30, 2025 the best value apartment in the Cambridge area is the $1.24 price per square foot Sherburn Model at Halsey Flats in the in the Bowman neighborhood starting from $1,795. The second greatest value Cambridge apartment is the Camberly Model at Hurstbourne Grand Apartments starting at $1,420 with a $1.32 price per square foot in the Hikes Point neighborhood. Here is today’s list of the best values for Cambridge apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Halsey FlatsSherburn4BR,2.5BA$1.24
Hurstbourne Grand ApartmentsCamberly1BR,1BA$1.32
Breckinridge Apartments2x12BR,1BA$1.25
4216 N Church Way, Unit 84216 N Church Way1BR,1BA$1.00
Flats at Hurstbourne2 Bedroom 1 Bath2BR,1BA$1.42
The Harper2 Bedroom2BR,1.5BA$1.31
The Monarch2 Bedroom 9002BR,2BA$1.40
Madrid ApartmentsNOB2B/1B2BR,1BA$1.32
East Chase ApartmentsA1 (One Bedroom One Bath)1BR,1BA$1.38
Four Seasons Apartments - UNDER RENOVATION1 Bedroom 1 Bath1BR,1BA$1.38

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
Cambridge, Louisville, KY

Ranked #53

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison 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 filtering automatically for the best outdoor access, luxury housing options, pet-friendly features, family-friendliness, proximity to transit, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Cambridge Neighborhood in Louisville, KY

Walk Score®

60 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

50 / 100

Bikeable

Some bike infrastructure

Transit Score®

33 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Cambridge Apartments

What is the Cheapest Studio apartment in Cambridge?

Currently the most affordable Cheap Studio Apartment in Cambridge is at Springs At Hurstbourne listed at $1,284.

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

The lowest price for a Cheap One Bedroom Cambridge Apartment is $910 at Highgate Springs Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Cambridge is starting from $960 at Madrid Apartments.

What is the most affordable Cambridge Three Bedroom Apartment?

The best deal on a cheap Cambridge Three Bedroom Apartment rental is at Halsey Flats and starts from $1,450.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.