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Rent Specials
$899 - $1,0851 to 2 Bedroom Apartments Available Now
Cardinal Village Apartments
1800 S 2nd StLouisville, KY 40208
Cheap Apartments for Rent in the Churchill Downs Neighborhood of Louisville, KY from $600 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Churchill Downs area of Louisville.
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1 Bedroom Apartments
The Reynolds Lofts
2520 S 3rd StLouisville, KY 40208
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1 to 3 Bedroom Apartments
1524 S 4th St
1524 S 4th StLouisville, KY 40208
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1 to 3 Bedroom Apartments
1718 S 4th St
1718 S 4th StLouisville, KY 40208
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1 Bedroom Apartments
1601-1605 Algonquin Pky
1601-1605 Algonquin PkyLouisville, KY 40210
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1 to 2 Bedroom Apartments
1440 S 4th St
1440 S 4th StLouisville, KY 40208
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2 Bedroom Apartments
203 W Collins Ct
203 W Collins CtLouisville, KY 40214
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.
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1 to 2 Bedroom Apartments
1468 S 4th St
1468 S 4th StLouisville, KY 40208
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Studio Apartments
1435 S 4th St
1435 S 4th StLouisville, KY 40208
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1 Bedroom Apartments
431 Kensington Ct
431 Kensington CtLouisville, KY 40208
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1 to 3 Bedroom Apartments
417 Kensington Ct
417 Kensington CtLouisville, KY 40208
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1 to 2 Bedroom Apartments
1705 4th St
1705 4th StLouisville, KY 40208
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2 Bedroom Apartments
1449 S 4th St
1449 S 4th StLouisville, KY 40208
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1 to 2 Bedroom Apartments
416 Belgravia Ct
416 Belgravia CtLouisville, KY 40208
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.
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2 Bedroom Apartments
1481 S 3rd St
1481 S 3rd StLouisville, KY 40208
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Studio Apartments
1420 S 4th St
1420 S 4th StLouisville, KY 40208
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Studio Apartments
1525-1541 S 4th St
1525-1541 S 4th StLouisville, KY 40208
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Studio Apartments
1530 S 3rd St
1530 S 3rd StLouisville, KY 40208
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Studio Apartments
507-509 Belgravia Ct
507-509 Belgravia CtLouisville, KY 40208
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1 Bedroom Apartments
1031 Queen Ave
1031 Queen AveLouisville, KY 40215
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1 Bedroom Apartments
705-707 M St
705-707 M StLouisville, KY 40208
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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Studio to 2 Bedroom Apartments
3155 Oakdale Ave
3155 Oakdale AveLouisville, KY 40214
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1 to 2 Bedroom Apartments
Annex of Station House Square Apartments
1733 S Third StLouisville, KY 40208
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Studio to 2 Bedroom Apartments
Station House Apartments
1509 S 6th StLouisville, KY 40208
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Studio to 1 Bedroom Apartments
Old School Apartments
422 Heywood AveLouisville, KY 40208
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Studio to 4 Bedroom Apartments
Cardinal Towne
325 W Cardinal BlvdLouisville, KY 40208
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1 Bedroom Apartments
The Belknap Apartments
1521 S 3rd StLouisville, KY 40208
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1 to 2 Bedroom Apartments
2305-2335 Rodman St
2305-2335 Rodman StLouisville, KY 40208
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.
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1 Bedroom Apartments
Reeser Court
1600 S 4th StLouisville, KY 40208
Showing Results 1-29, Page 1 of 1
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 1 Bedroom Apartments | $1,041 | $725 | $1,211 |
| Churchill Downs 2 Bedroom Apartments | $914 | $750 | $1,175 |
| Churchill Downs 3 Bedroom Apartments | $815 | $707 | $1,250 |
| Churchill Downs 4 Bedroom Apartments | $649 | $649 | $649 |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the Churchill Downs Neighborhood of Louisville, KY.
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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 1 Bed unit found at Cardinal Village Apartments priced from $899. The Province (KY) has the second lowest priced unit, which is a Studio apartment currently listed from $1,034. Here are the most affordable Churchill Downs apartments for rent in Louisville, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cardinal Village Apartments | 1x1 with Balcony | 1BR,1BA | $899 |
| The Province (KY) | Studio B | Studio,1BA | $1,034 |
| Trifecta | A1 | 1BR,1BA | $1,131 |
| Station House Apartments | The Ladder | 2BR,2BA | $1,250 |
Best Value Apartments for Rent in Churchill Downs, KY
As of June 03, 2026 the best value apartment in the Churchill Downs area is the $0.51 price per square foot Julep Model at Derby Row | Student Housing in the in the Phoenix Hill neighborhood starting from $649. The second greatest value Churchill Downs apartment is the 1436 S 3rd St Model at 1436 S 3rd St starting at $1,175 with a $1.07 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. |
|---|---|---|---|
| Derby Row | Student Housing | Julep | 4BR,4BA | $0.51 |
| 1436 S 3rd St | 1436 S 3rd St | 2BR,2BA | $1.07 |
| Station House Apartments | The Ladder | 2BR,2BA | $1.54 |
| Cardinal Village Apartments | 1x1 2nd/3rd Rehab W/D | 1BR,1BA | $1.72 |
| Trifecta | A1 | 1BR,1BA | $2.20 |
| The Province (KY) | Studio B | Studio ,1BA | $2.47 |
Frequently Asked Questions about Cheap Churchill Downs Apartments
What is the price of a cheap apartment in Churchill Downs?
The cheapest apartment in Churchill Downs is Cardinal Village Apartments which is listed at $899, while the average apartment in Churchill Downs costs $989.
What types of apartments are the cheapest in Churchill Downs?
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 32 regular apartments in Churchill Downs that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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
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 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.
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
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.
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.
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.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.