Cheap Homes for Rent in Cambridge Neighborhood of Louisville, KY from $900 (7 Rentals)

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Search the lowest-cost Homes 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.

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.

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. Ridgewood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Cambridge apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Highgate Springs ApartmentsThe Bowman1BR,1BA$850
RidgewoodOne Bed One Bath Standard1BR,1BA$950
2910 Abigail Dr2 Beds, 1 Baths2BR,1BA$975

Best Value Apartments for Rent in Cambridge, KY

As of June 04, 2026 the best value apartment in the Cambridge area is the $1.24 price per square foot Three Bedroom Two Bath Model at Vetra at St. Matthews in the in the Hayfield Dundee neighborhood starting from $1,429. The second greatest value Cambridge apartment is the Camberly Model at Hurstbourne Grand Apartments starting at $1,450 with a $1.35 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.
Vetra at St. MatthewsThree Bedroom Two Bath3BR,2BA$1.24
Hurstbourne Grand ApartmentsCamberly1BR,1BA$1.35
ReNew Breckenridge2 Bed 1 Bath with Washer Dryer2BR,1BA$1.29
Plymouth Village Apartments612 Breckenridge2BR,1.5BA$1.21
The Harper2 Bedroom2BR,1.5BA$1.20
Grandview Apartments3815 Grandview2BR,1BA$1.22
2909 Abigail Dr, Unit Apartment 32909 Abigail Dr2BR,1BA$1.33
Madrid ApartmentsORC1B/1B1BR,1BA$1.20
2910 Abigail Dr2 Beds, 1 Baths2BR,1BA$1.15
The Monarch2 Bedroom 8002BR,1BA$1.30

Frequently Asked Questions about Cambridge

What type of rentals are currently available in Cambridge?

There are currently 198 Apartments for Rent in Cambridge, KY with pricing that ranges from $750 to $3,438. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cambridge ranging from $975 to $3,780.

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 $975 to $3,780 with an average monthly rent of $1,900.

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 $1,325 to $3,438, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,375 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,699 and Four Bedroom Apartments start at $1,695.

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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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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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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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

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.

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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.