Cheap Apartments for Rent in the Churchill Downs Neighborhood of Louisville, KY from $600 (5 Rentals)

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

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Old School Apartments
Studio to 1 Bedroom Apartments

Old School Apartments

422 Heywood AveLouisville, KY 40208
Senior Living
  • Utilities Included

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431 Kensington Ct
1 Bedroom Apartments

431 Kensington Ct

431 Kensington CtLouisville, KY 40208

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 ListingModel NameBed/BathPriced From
TrifectaA11BR,1BA$1,079
Cardinal Village Apartments1x1 Garden1BR,1BA$1,095
Station House ApartmentsThe Ladder2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Province (KY)2 Bed - 2 Bath2BR,2BA$1.01
Derby Row | Student HousingThoroughbred2BR,2BA$1.05
Station House ApartmentsThe Ladder2BR,2BA$1.54
Cardinal Village Apartments1x1 2nd/3rd Rehab W/D1BR,1BA$2.15
TrifectaA11BR,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

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