Cheap Apartments for Rent in the Cambridge Neighborhood of Louisville, KY from $800 (36 Rentals)

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

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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
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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

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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Showing Results 1-36, 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 1 Bed unit found at Highgate Springs Apartments priced from $880. Mallard Crossing at St. Matthews has the second lowest priced unit, which is a Studio apartment currently listed from $930. Here are the most affordable Cambridge apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Highgate Springs ApartmentsThe Bowman1BR,1BA$880
Mallard Crossing at St. MatthewsStudio AStudio,1BA$930
Four Seasons Apartments - UNDER RENOVATION1 Bedroom 1 Bath1BR,1BA$960
Madrid ApartmentsNOB2B/1B2BR,1BA$960
The MetropolitanA11BR,1BA$971
Villages of Hikes PointVillages of Hikes Point - Waiting List (2b/1b)2BR,1BA$995
The Taylor at 5021 Bedroom 1 Bath A1BR,1BA$999
Cypress Pointe1x1 Upgrade1BR,1BA$999
Enclave at BreckenridgeA11BR,1BA$999

Best Value Apartments for Rent in Cambridge, KY

As of January 18, 2026 the best value apartment in the Cambridge area is the $1.34 price per square foot Camberly Model at Hurstbourne Grand Apartments in the in the Hurstbourne Acres neighborhood starting from $1,440. The second greatest value Cambridge apartment is the 2 Bedroom 950 Model at The Monarch starting at $1,149 with a $1.21 price per square foot in the Klondike 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 ApartmentsCamberly1BR,1BA$1.34
The Monarch2 Bedroom 9502BR,2BA$1.21
Halsey FlatsOlmstead2BR,1BA$1.26
The Rye Apartments1 Bd 1 Bath1BR,1BA$1.22
The Harper2 Bedroom2BR,1.5BA$1.20
Villages of Hikes PointVillages of Hikes Point - Waiting List (2b/1b)2BR,1BA$1.14
4507 #3 Landside Drive, Unit 44507 #3 Landside Drive2BR,1BA$1.05
ReNew BreckenridgeA11BR,1BA$1.38
Madrid ApartmentsNOB2B/1B2BR,1BA$1.32
Four Seasons Apartments - UNDER RENOVATION1 Bedroom 1 Bath1BR,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.

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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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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.

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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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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

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 $930.

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

The lowest price for a Cheap One Bedroom Cambridge Apartment is $880 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 $1,325.

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.

Articles, How-To's, and Tips

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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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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.