Cheap Apartments for Rent in the Cherrywood Village Neighborhood of Louisville, KY from $800 (30 Rentals)

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

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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.

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Berkshire Apartments
2 Bedroom Apartments

Berkshire Apartments

200 Crescent AveLouisville, KY 40206
  • Utilities Included
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Waterford Place
1 to 2 Bedroom Apartments

Waterford Place

4105 Waterford CirLouisville, KY 40207
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3815 Nanz Ave
2 Bedroom Apartments

3815 Nanz Ave

3815 Nanz AveLouisville, KY 40207
Affordability

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property at 124 S Sherrin Ave

$1,175

Total Monthly Price

Total Monthly Price

Base Rent
$1,175

Total Monthly Price
$1,175

1 Bedroom, 1 Bath Condo for Rent

Available Now

124 S Sherrin Ave, Unit 4

124 S Sherrin Ave
St MatthewsKY40207

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.

property at 116 Bauer Ave

$1,495

1 To 2 Bedroom Rentals

Available Jul 1

116 Bauer Ave

St MatthewsKY40207

Cherrywood Village, Louisville, KY Local Guide

Cheapest Available Cherrywood Village Apartments for Rent

 

The cheapest available apartment rental in the Cherrywood Village area of Louisville, KY is a Studio unit found at Halsey Flats priced from $895. Village Manor Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $947. Here are the most affordable Cherrywood Village apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Halsey FlatsSenecaStudio,1BA$895
Village Manor Apartments1x1-610 FLAT1BR,1BA$947
Church Way Apartments4221 N Church Way1BR,1BA$960
Vetra at St. MatthewsOne Bedroom Apartment1BR,1BA$989
Mallard Crossing at St. MatthewsStudio BStudio,1BA$998
Nora1 Bedroom 1 Bathroom1BR,1BA$999
Grandview Apartments3815 Grandview2BR,1BA$1,095
Plymouth Village Apartments612 Breckenridge2BR,1BA$1,150

Best Value Apartments for Rent in Cherrywood Village, KY

As of June 26, 2026 the best value apartment in the Cherrywood Village area is the $1.72 price per square foot Samson I Model at Bull Run Townhomes in the in the Harrods Creek neighborhood starting from $3,400. The second greatest value Cherrywood Village apartment is the Three Bedroom Two Bath Model at Vetra at St. Matthews starting at $1,429 with a $1.24 price per square foot in the Hayfield Dundee neighborhood. Here is today’s list of the best values for Cherrywood Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bull Run TownhomesSamson I3BR,2.5BA$1.72
Vetra at St. MatthewsThree Bedroom Two Bath3BR,2BA$1.24
Plymouth Village Apartments612 Breckenridge2BR,1.5BA$1.21
Grandview Apartments3815 Grandview2BR,1BA$1.22
Church Way Apartments4219 N Church Way1BR,1BA$1.17
3810 Leland Rd, Unit #93810 Leland Rd1BR,1BA$1.44
MAA WestportThe Jefferson1BR,1BA$1.66
Nora1 Bedroom 1 Bathroom1BR,1BA$1.43
Village Manor Apartments1x1-610 FLAT1BR,1BA$1.55
4012 DuPont Cir, Unit 3074012 DuPont Cir1BR,1BA$1.67

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 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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Frequently Asked Questions about Cheap Cherrywood Village Apartments

What is the Cheapest Studio apartment in Cherrywood Village?

Currently the most affordable Cheap Studio Apartment in Cherrywood Village is at Halsey Flats listed at $895.

How much is rent for a Cheap One Bedroom Cherrywood Village Apartment?

The lowest price for a Cheap One Bedroom Cherrywood Village Apartment is $947 at Village Manor Apartments.

What is the lowest price for a Cheap Two Bedroom Cherrywood Village Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Cherrywood Village is starting from $1,049 at Nora.

What is the most affordable Cherrywood Village Three Bedroom Apartment?

The best deal on a cheap Cherrywood Village Three Bedroom Apartment rental is at Village Manor Apartments and starts from $1,242.

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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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.

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Bourbon, Baseball, and the Blues: Your Insiders Guide to Louisville, Kentucky

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Louisville is one great city in which to visit, live, work, and raise a family. It has excellent and reasonably affordable housing, great neighborhoods, and a whole lot more to offer its residents and visitors alike.

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.