Cheap Homes for Rent in Cambridge Neighborhood of Louisville, KY from $700 (5 Rentals)

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Search the lowest-cost Homes 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.

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.

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

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

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Frequently Asked Questions about Cambridge

What type of rentals are currently available in Cambridge?

There are currently 184 Apartments for Rent in Cambridge, KY with pricing that ranges from $910 to $6,397. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cambridge ranging from $700 to $3,000.

What is the current price range for Rental Homes in Cambridge?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Cambridge ranges from $700 to $3,000 with an average monthly rent of $1,561.

How much are larger Three and Four Bedroom Rentals in Cambridge?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Cambridge range from $1,450 to $6,397, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $2,605. Four Bedroom Single-Family rentals are also available starting from $2,120 and Four Bedroom Apartments start at $1,725.

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.