Cheap Apartments for Rent in the Cambridge Neighborhood of Louisville, KY from $750 (56 Rentals)

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

Bourbon, Baseball, and the Blues: Your Insider's Guide to Louisville, Kentucky

There's more to Louisville than the Kentucky Derby. Get a local insider's take on the best bourbon tours, dining, music venues, horse racing, and cultural experiences the city has to offer.

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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Springs At Hurstbourne
Rent Specials
$1,050 - $2,150
Total Monthly Price

Total Monthly Price

Base Rent
$1,050 - $2,150
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Springs At Hurstbourne

9202 Bunsen Park DrLouisville, KY 40220
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The Belltower
Rent Specials
$1,066 - $2,539
Total Monthly Price

Total Monthly Price

Base Rent
$1,066 - $2,539
Total Monthly Price
$1,066 - $2,539
1 to 3 Bedroom Apartments Available Now

The Belltower

3400 Tevis DrLouisville, KY 40220
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The Metropolitan
$1,089 - $1,296
Total Monthly Price

Total Monthly Price

Base Rent
$1,089 - $1,296
Total Monthly Price
$1,089 - $1,296
1 to 2 Bedroom Apartments Available Sep 4

The Metropolitan

2600 Whitehall TerLouisville, KY 40220
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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.

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3711 Briarbridge Ln
2 Bedroom Apartments

3711 Briarbridge Ln

3711 Briarbridge LnLouisville, KY 40218
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Villages of Hikes Point
Studio to 2 Bedroom Apartments

Villages of Hikes Point

3712 Klondike LnLouisville, KY 40218
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2910 Abigail Dr
2 Bedroom Apartments

2910 Abigail Dr

2910 Abigail DrLouisville, KY 40205
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El Patio Apartments
Studio to 2 Bedroom Apartments

El Patio Apartments

2606 El Patio PlLouisville, KY 40220
  • Utilities Included

Louisville's Best Affordable Neighborhoods

Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer

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Madrid Apartments
1 to 2 Bedroom Apartments

Madrid Apartments

3005 Mid Dale LnLouisville, KY 40220
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Waterford Place
1 to 2 Bedroom Apartments

Waterford Place

4105 Waterford CirLouisville, KY 40207
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2915 Abigail Dr
2 Bedroom Apartments

2915 Abigail Dr

2915 Abigail DrLouisville, KY 40205
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3815 Nanz Ave
2 Bedroom Apartments

3815 Nanz Ave

3815 Nanz AveLouisville, KY 40207

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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 $850. Breckinridge Pointe 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
Highgate Springs ApartmentsThe Bowman1BR,1BA$850
Breckinridge Pointe1 bed - 1 bath1BR,1BA$880
RidgewoodOne Bed One Bath Standard1BR,1BA$925
Halsey FlatsShelby1BR,1BA$949
Villages of Hikes Point2B/1BA2BR,1BA$950
Four Seasons Apartments - UNDER RENOVATION1 Bedroom 1 Bath1BR,1BA$960
Brookstone Senior Apartments2 Bedroom - 891sf2BR,2BA$1,013
Mallard Crossing at St. Matthews1x1 A1BR,1BA$1,019
Madrid ApartmentsORC1B/1B1BR,1BA$1,020

Best Value Apartments for Rent in Cambridge, KY

As of August 25, 2026 the best value apartment in the Cambridge area is the $0.96 price per square foot 3 Bd 2 Bath Patio/Balcony Model at The Rye Apartments in the in the Hikes Point neighborhood starting from $1,495. The second greatest value Cambridge apartment is the Winbourne Model at Hurstbourne Grand Apartments starting at $1,540 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.
The Rye Apartments3 Bd 2 Bath Patio/Balcony3BR,2BA$0.96
Hurstbourne Grand ApartmentsWinbourne1BR,1BA$1.32
Vetra at St. MatthewsThree Bedroom Two Bath3BR,2BA$1.24
284 El Conquistador Pl, Unit 284284 El Conquistador Pl2BR,2BA$1.00
The Monarch2 Bedroom 9502BR,2BA$1.16
The Harper2 Bedroom2BR,1.5BA$1.33
Flats at Hurstbourne2 Bedroom 1 Bath2BR,1BA$1.31
Brookstone Senior Apartments2 Bedroom - 891sf2BR,2BA$1.14
Villages of Hikes Point2B/1BA2BR,1BA$1.09
Madrid ApartmentsORC1B/1B1BR,1BA$1.20

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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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 Springs At Hurstbourne listed at $1,084.

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

The lowest price for a Cheap One Bedroom Cambridge Apartment is $850 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 $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 Halsey Flats and starts from $1,385.

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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Bourbon, Baseball, and the Blues: Your Insider's Guide to Louisville, Kentucky

Written by: Mike Heuer

Louisville is one great city in which to visit, live, work, and raise a family. It has excellent and reasonably affordable housing, great neighborhoods, and a whole lot more to offer its residents and visitors alike.

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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.

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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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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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.