Cheap Apartments for Rent in the Cambridge Neighborhood of Louisville, KY from $700 (35 Rentals)

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

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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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.

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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

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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Six Mile Lane Apartments
2 Bedroom Apartments

Six Mile Lane Apartments

4500 Mason Ethan CtLouisville, KY 40218
Corporate Housing
  • Utilities Included
Showing Results 1-35, Page 1 of 1

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 Studio unit found at Mallard Crossing at St. Matthews priced from $861. The Harper has the second lowest priced unit, which is a 1 Bed apartment currently listed from $879. Here are the most affordable Cambridge apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Mallard Crossing at St. MatthewsStudio AStudio,1BA$861
The Harper1 Bedroom1BR,1BA$879
Highgate Springs ApartmentsThe Bowman1BR,1BA$880
RidgewoodOne Bed One Bath S1BR,1BA$945
Madrid ApartmentsNOB2B/1B2BR,1BA$960
The MetropolitanA11BR,1BA$967
Halsey FlatsSenecaStudio,1BA$975
Enclave at BreckenridgeA11BR,1BA$999
Four Seasons Apartments - UNDER RENOVATION1 Bedroom 1 Bath1BR,1BA$1,000

Best Value Apartments for Rent in Cambridge, KY

As of November 30, 2025 the best value apartment in the Cambridge area is the $1.08 price per square foot B2 Den Model at ReNew Breckenridge in the in the Bowman neighborhood starting from $1,625. The second greatest value Cambridge apartment is the Edinburgh Model at Hurstbourne Grand Apartments starting at $1,450 with a $1.32 price per square foot in the Hurstbourne Acres 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.
ReNew BreckenridgeB2 Den2BR,2BA$1.08
Hurstbourne Grand ApartmentsEdinburgh1BR,1.5BA$1.32
Flats at Hurstbourne2 Bedroom 1 Bath2BR,1BA$1.42
The Monarch2 Bedroom 8002BR,1BA$1.30
Fenwick Place ApartmentsDOGWOOD1BR,1BA$1.44
Enclave at BreckenridgeA1R1BR,1BA$1.49
Madrid ApartmentsNOB2B/1B2BR,1BA$1.32
The Harper1 Bedroom1BR,1BA$1.26
Four Seasons Apartments - UNDER RENOVATION1 Bedroom 1 Bath1BR,1BA$1.43
Highgate Springs ApartmentsThe Bowman1BR,1BA$1.41

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 Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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 #38

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 Mallard Crossing at St. Matthews listed at $861.

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

The lowest price for a Cheap One Bedroom Cambridge Apartment is $879 at The Harper.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.