
Cheap Apartments for Rent in the Cherrywood Village Neighborhood of Louisville, KY from $700 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Cherrywood Village area of Louisville.


302 Crescent Ct, Unit 2

118 1/2 Kennedy Ave

Mallard Crossing at St. Matthews

Halsey Flats

Cypress Pointe
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Nora

MAA Westport

Four Oaks Apartments

Waterford Place

3514 Willis Ave

Village Manor Apartments
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Cherrywood Village, Louisville, KY Local Guide

How much does it cost to rent an apartment in Cherrywood Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cherrywood Village Studio Apartments | $999 | $964 | $1,124 |
| Cherrywood Village 1 Bedroom Apartments | $1,176 | $700 | $1,814 |
| Cherrywood Village 2 Bedroom Apartments | $1,391 | $1,075 | $1,887 |
| Cherrywood Village 3 Bedroom Apartments | $1,586 | $1,134 | $2,105 |
| Cherrywood Village 4 Bedroom Apartments | $1,783 | $1,750 | $1,795 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Cherrywood Village Neighborhood of Louisville, KY.
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Cherrywood Village, Louisville, KY Local Guide
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Cheapest Available Cherrywood Village Apartments for Rent
 The cheapest available apartment rental in the Cherrywood Village area of Louisville, KY is a 1 Bed unit found at Village Manor Apartments priced from $962. Mallard Crossing at St. Matthews has the second lowest priced unit, which is a Studio apartment currently listed from $964. Here are the most affordable Cherrywood Village apartments for rent in Louisville, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Village Manor Apartments | 1x1-610 FLAT | 1BR,1BA | $962 |
| Mallard Crossing at St. Matthews | Studio A | Studio,1BA | $964 |
| Cypress Pointe | 1x1 Upgrade | 1BR,1BA | $999 |
| Waterford Place | BRADFORD | 1BR,1BA | $1,006 |
| Halsey Flats | Waterfront | 1BR,1BA | $1,050 |
Best Value Apartments for Rent in Cherrywood Village, KY
As of January 07, 2026 the best value apartment in the Cherrywood Village area is the $1.67 price per square foot Samson I Model at Bull Run Townhomes in the in the Harrods Creek neighborhood starting from $3,300. The second greatest value Cherrywood Village apartment is the 2 Bedroom 1 Bathroom Model at Nora starting at $1,089 with a $1.21 price per square foot in the Clifton Heights neighborhood. Here is today’s list of the best values for Cherrywood Village apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bull Run Townhomes | Samson I | 3BR,2.5BA | $1.67 |
| Nora | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.21 |
| Prospect Park Apartments | A1 | 1BR,1BA | $1.42 |
| Halsey Flats | Waterfront | 1BR,1BA | $1.37 |
| Cypress Pointe | 1x1 | 1BR,1BA | $1.59 |
| MAA Westport | The Jefferson | 1BR,1BA | $1.52 |
| Mallard Crossing at St. Matthews | 1x1 A | 1BR,1BA | $2.07 |
| Village Manor Apartments | 1x1-610 FLAT | 1BR,1BA | $1.58 |
| Waterford Place | DOGWOOD Phase II | 1BR,1BA | $1.86 |
| 302 Crescent Ct, Unit 2 | 302 Crescent Ct | 1BR,1BA | $1.68 |
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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Read ArticleThe 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
Read ArticleQuick 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.
Best Local Schools in Cherrywood Village, Louisville, KY
School data provided by Great Schools
Frequently Asked Questions about Cheap Cherrywood Village Apartments
What is a cheap apartment in Cherrywood Village?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Cherrywood Village is under $3,300.
What is the price of a cheap apartment in Cherrywood Village?
The cheapest apartment in Cherrywood Village is Village Manor Apartments which is listed at $962, while the average apartment in Cherrywood Village costs $1,795.
What types of apartments are the cheapest in Cherrywood Village?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 6 regular apartments in Cherrywood Village that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Cherrywood Village?
Cheap apartments in Cherrywood Village have an average cost of $119 which is $1,676 cheaper than the average rent for all rentals in Cherrywood Village.
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

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.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

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.