
Cheap Apartments for Rent in the Churchill Downs Neighborhood of Louisville, KY from $600 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in the Churchill Downs area of Louisville.


210 1/2 W Collins Ct
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3944 S 3rd St

Old School Apartments
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431 Kensington Ct
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 | $969 | $919 | $1,019 |
| Churchill Downs 1 Bedroom Apartments | $1,095 | $750 | $1,235 |
| Churchill Downs 2 Bedroom Apartments | $982 | $759 | $1,300 |
| Churchill Downs 3 Bedroom Apartments | $822 | $675 | $1,395 |
| Churchill Downs 4 Bedroom Apartments | $699 | $609 | $729 |
Browse Apartments in this Neighborhood
There are currently 5 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 Trifecta priced from $1,079. Cardinal Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,095. Here are the most affordable Churchill Downs apartments for rent in Louisville, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Trifecta | A1 | 1BR,1BA | $1,079 |
| Cardinal Village Apartments | 1x1 Garden | 1BR,1BA | $1,095 |
| Station House Apartments | The Ladder | 2BR,2BA | $1,250 |
Best Value Apartments for Rent in Churchill Downs, KY
As of February 23, 2026 the best value apartment in the Churchill Downs area is the $1.01 price per square foot 2 Bed - 2 Bath Model at The Province (KY) in the in the Phoenix Hill neighborhood starting from $899. The second greatest value Churchill Downs apartment is the Thoroughbred Model at Derby Row | Student Housing starting at $859 with a $1.05 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. |
|---|---|---|---|
| The Province (KY) | 2 Bed - 2 Bath | 2BR,2BA | $1.01 |
| Derby Row | Student Housing | Thoroughbred | 2BR,2BA | $1.05 |
| Station House Apartments | The Ladder | 2BR,2BA | $1.54 |
| Cardinal Village Apartments | 1x1 2nd/3rd Rehab W/D | 1BR,1BA | $2.15 |
| Trifecta | A1 | 1BR,1BA | $2.10 |
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 Trifecta which is listed at $1,079, while the average apartment in Churchill Downs costs $1,139.
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 36 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.
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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.