Cheap Apartments for Rent in the Cambridge Neighborhood of Louisville, KY from $700 (56 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Read Article

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.

Read Article
close
View Me
Springs At Hurstbourne
Rent Specials
$1,100 - $2,291
Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $2,291
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Springs At Hurstbourne

9202 Bunsen Park DrLouisville, KY 40220
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
The Belltower
Rent Specials
$1,148 - $2,517
Total Monthly Price

Total Monthly Price

Base Rent
$1,148 - $2,517
Total Monthly Price
$1,148 - $2,517
1 to 3 Bedroom Apartments Available Now

The Belltower

3400 Tevis DrLouisville, KY 40220
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

Read Article
property at 3120 Doreen Way

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450
Total Monthly Price
$1,450

2 Bedroom, 1 Bath Home for Rent

Available Now

3120 Doreen Way

LouisvilleKY40220
close
View Me
Villages of Hikes Point
Studio to 2 Bedroom Apartments

Villages of Hikes Point

3712 Klondike LnLouisville, KY 40218
  • Utilities Included
close
View Me
3711 Briarbridge Ln
2 Bedroom Apartments

3711 Briarbridge Ln

3711 Briarbridge LnLouisville, KY 40218
  • Utilities Included
  • Smoke Free

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.

Read Article
close
View Me
Madrid Apartments
1 to 2 Bedroom Apartments

Madrid Apartments

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

El Patio Apartments

2606 El Patio PlLouisville, KY 40220
  • Utilities Included

Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers

Stop driving and start living! We highlight the best Louisville neighborhoods—from Beechmont to Audubon Park—with great rentals near top job providers.

Read Article
Showing Results 1-50, Page 1 of 2

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 Villages of Hikes Point priced from $840. Highgate Springs Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $880. Here are the most affordable Cambridge apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Villages of Hikes Point1B/1BA1BR,1BA$840
Highgate Springs ApartmentsThe Bowman1BR,1BA$880
The MetropolitanA11BR,1BA$937
East Chase ApartmentsA1 (One Bedroom One Bath)1BR,1BA$956
Vetra at St. MatthewsOne Bedroom Apartment1BR,1BA$989
Mallard Crossing at St. MatthewsStudio AStudio,1BA$990
Four Seasons Apartments - UNDER RENOVATION1 Bedroom 1 Bath1BR,1BA$995
The Taylor at 5021 Bedroom 1 Bath A1BR,1BA$999
Enclave at BreckenridgeA11BR,1BA$999

Best Value Apartments for Rent in Cambridge, KY

As of May 24, 2026 the best value apartment in the Cambridge area is the $1.29 price per square foot Winbourne Model at Hurstbourne Grand Apartments in the in the Hikes Point neighborhood starting from $1,500. The second greatest value Cambridge apartment is the Three Bedroom Two Bath Model at Vetra at St. Matthews starting at $1,429 with a $1.24 price per square foot in the Hayfield Dundee 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.
Hurstbourne Grand ApartmentsWinbourne1BR,1BA$1.29
Vetra at St. MatthewsThree Bedroom Two Bath3BR,2BA$1.24
Fenwick Place ApartmentsELM1BR,1.5BA$1.38
Plymouth Village Apartments612 Breckenridge2BR,1.5BA$1.21
Grandview Apartments3815 Grandview2BR,1BA$1.22
The Harper2 Bedroom2BR,1.5BA$1.20
2913 Abigail Dr, Unit #12913 Abigail Dr2BR,1BA$1.37
Madrid ApartmentsORC1B/1B1BR,1BA$1.20
The Monarch2 Bedroom 8002BR,1BA$1.30
East Chase ApartmentsA1 (One Bedroom One Bath)1BR,1BA$1.37

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.

Read Article
Decorative image

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

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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!

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 Mallard Crossing at St. Matthews listed at $990.

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

The lowest price for a Cheap One Bedroom Cambridge Apartment is $840 at Villages of Hikes Point.

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 $950 at Villages of Hikes Point.

What is the most affordable Cambridge Three Bedroom Apartment?

The best deal on a cheap Cambridge Three Bedroom Apartment rental is at Vetra at St. Matthews and starts from $1,429.

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

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.

decorative image for The Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters article

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.

decorative image for Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers article

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.

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

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.