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from $799Studio to 1 Bedroom Apartments Available Now
Vue at 3rd Street
537 S 3rd StLouisville, KY 40202
Cheap Apartments for Rent in the Churchill Downs Neighborhood of Louisville, KY from $600 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Churchill Downs area of Louisville.
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from $8291 to 3 Bedroom Apartments Available Now
Heritage Green Apartments
5103 S 1st StLouisville, KY 40214
730 M St
LouisvilleKY40208
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from $865Studio to 2 Bedroom Apartments Available Now
800 Towers Apartments
800 S 4th StLouisville, KY 40203
The Art of the Rental Viewing: What to look for during a property tour
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from $9101 Bedroom Apartments Available Now
Cardinal Village Apartments
1800 S 2nd StLouisville, KY 40208
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from $9701 to 2 Bedroom Apartments Available Now
Crescent Centre Apartments & Townhomes
657 S 3rd StLouisville, KY 40202
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from $9891 to 2 Bedroom Apartments Available Now
Flats on Fifth
430 W Muhammad Ali BlvdLouisville, KY 40202
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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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Churchill Downs, Louisville, KY Local Guide
How much does it cost to rent an apartment in Churchill Downs?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Churchill Downs Studio Apartments | $1,224 | $899 | $1,669 |
| Churchill Downs 1 Bedroom Apartments | $1,355 | $829 | $1,924 |
| Churchill Downs 2 Bedroom Apartments | $1,823 | $765 | $2,395 |
| Churchill Downs 3 Bedroom Apartments | $1,388 | $675 | $2,025 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Churchill Downs Neighborhood of Louisville, KY.
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Churchill Downs, Louisville, KY Local Guide
- Nearby Louisville neighborhoods
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Cheapest Available Churchill Downs Apartments for Rent
The cheapest available apartment rental in the Churchill Downs area of Louisville, KY is a Studio unit found at Vue at 3rd Street priced from $799. Heritage Green Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $829. Here are the most affordable Churchill Downs apartments for rent in Louisville, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Vue at 3rd Street | Studio | Studio,1BA | $799 |
| Heritage Green Apartments | The Single | 1BR,1BA | $829 |
| 800 Towers Apartments | Studio | Studio,1BA | $865 |
Best Value Apartments for Rent in Churchill Downs, KY
As of May 30, 2025 the best value apartment in the Churchill Downs area is the $1.14 price per square foot 3 Beds, 1.5 Baths Model at 1524 S 4th St in the in the Phoenix Hill neighborhood starting from $1,250. The second greatest value Churchill Downs apartment is the Belmont Model at Derby Row | Student Housing starting at $999 with a $1.22 price per square foot in the Phoenix Hill neighborhood. Here is today’s list of the best values for Churchill Downs apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1524 S 4th St | 3 Beds, 1.5 Baths | 3BR,1.5BA | $1.14 |
| Derby Row | Student Housing | Belmont | 2BR,2BA | $1.22 |
| Crescent Centre Apartments & Townhomes | One Bedroom-699 sqft | 1BR,1BA | $1.39 |
| 800 Towers Apartments | Studio | Studio ,1BA | $1.43 |
| The Edwin | 1 Bedroom 1 Bath | 1BR,1BA | $1.80 |
| The Yard Apartments | Studio B | Studio ,1BA | $2.42 |
| Cardinal Village Apartments | 1x1 with Balcony | 1BR,1BA | $1.67 |
| Heritage Green Apartments | The Single | 1BR,1BA | $1.73 |
| Flats on Fifth | The Volstead | 1BR,1BA | $2.11 |
| Vue at 3rd Street | 1 Bedroom Junior | Studio ,1BA | $2.09 |
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Pet Friendly LifestyleChurchill Downs, Louisville, KY
Ranked #89
Among neighborhoods in Louisville, KY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Churchill Downs Neighborhood in Louisville, KY
Walk Score®
65 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
70 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
45 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Churchill Downs Apartments
What is the Cheapest Studio apartment in Churchill Downs?
Currently the most affordable Cheap Studio Apartment in Churchill Downs is at Vue at 3rd Street listed at $799.
How much is rent for a Cheap One Bedroom Churchill Downs Apartment?
The lowest price for a Cheap One Bedroom Churchill Downs Apartment is $829 at Heritage Green Apartments.
What is the lowest price for a Cheap Two Bedroom Churchill Downs Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Churchill Downs is starting from $900 at Heritage Green Apartments.
What is the most affordable Churchill Downs Three Bedroom Apartment?
The best deal on a cheap Churchill Downs Three Bedroom Apartment rental is at Heritage Green Apartments and starts from $1,068.
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.
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.
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.