
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.


The Reynolds Lofts

1524 S 4th St

1718 S 4th St

1601-1605 Algonquin Pky

1440 S 4th St

203 W Collins Ct
Bourbon, Baseball, and the Blues: Your Insider's Guide to Louisville, Kentucky
There's more to Louisville than the Kentucky Derby. Get a local insider's take on the best bourbon tours, dining, music venues, horse racing, and cultural experiences the city has to offer.

1468 S 4th St

1435 S 4th St

431 Kensington Ct

417 Kensington Ct

1705 4th St

1449 S 4th St

416 Belgravia Ct
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1481 S 3rd St

1420 S 4th St

1525-1541 S 4th St

1530 S 3rd St

507-509 Belgravia Ct

1031 Queen Ave

705-707 M St
Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers
Stop driving and start living! We highlight the best Louisville neighborhoods—from Beechmont to Audubon Park—with great rentals near top job providers.

3155 Oakdale Ave

Annex of Station House Square Apartments

Station House Apartments

Old School Apartments

Cardinal Towne

The Belknap Apartments

2305-2335 Rodman St
Louisville's Best Affordable Neighborhoods
Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer

Reeser Court
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 | $1,053 | $899 | $1,211 |
| Churchill Downs 2 Bedroom Apartments | $930 | $750 | $1,100 |
| Churchill Downs 3 Bedroom Apartments | $1,037 | $717 | $2,127 |
| Churchill Downs 4 Bedroom Apartments | $836 | $619 | $919 |
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.
See all Apartments in LouisvilleExplore Louisville
Cheapest Available Churchill Downs Apartments for Rent
 The cheapest available apartment rental in the Churchill Downs area of Louisville, KY is a 4 Beds unit found at Brexx at Louisville priced from $869. Cardinal Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here are the most affordable Churchill Downs apartments for rent in Louisville, KY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Brexx at Louisville | Cloverhurst 4x4.5 | 4BR,4BA | $869 |
| Cardinal Village Apartments | 1x1 Lower Level | 1BR,1BA | $899 |
| Trifecta | A3 | 1BR,1BA | $1,161 |
Best Value Apartments for Rent in Churchill Downs, KY
As of July 21, 2026 the best value apartment in the Churchill Downs area is the $0.54 price per square foot Courtyard 4x4 Model at Brexx at Louisville in the in the Downtown Louisville neighborhood starting from $839. The second greatest value Churchill Downs apartment is the 2 Bed - 2 Bath Model at The Province (KY) starting at $899 with a $1.01 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. |
|---|---|---|---|
| Brexx at Louisville | Courtyard 4x4 | 4BR,4BA | $0.54 |
| The Province (KY) | 2 Bed - 2 Bath | 2BR,2BA | $1.01 |
| Derby Row | Student Housing | Thoroughbred | 2BR,2BA | $1.09 |
| Trifecta | A2 | 1BR,1BA | $1.96 |
| Cardinal Village Apartments | 1x1 2nd/3rd Rehab W/D | 1BR,1BA | $1.72 |
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 $982.
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

Bourbon, Baseball, and the Blues: Your Insider's Guide to Louisville, Kentucky
Written by: Mike Heuer
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.

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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
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.

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.