411 Iowa Ave
LouisvilleKY40208
Cheap Homes for Rent in Churchill Downs Neighborhood of Louisville, KY from $700 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Churchill Downs area of Louisville.
1438 S 7th St
LouisvilleKY40208
2716 S 6th St
LouisvilleKY40208
3107 Montana Ave
LouisvilleKY40208
2111 7th Street Rd
LouisvilleKY40208
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.
409 W Gaulbert Ave
LouisvilleKY40208
409 W Gaulbert Ave
LouisvilleKY40208
1438 Lillian Ave
LouisvilleKY40208
1161 Lincoln Ave
LouisvilleKY40208
1109 Euclid Ave
LouisvilleKY40208
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.
2913 S 3rd St
LouisvilleKY40208
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Churchill Downs, Louisville, KY Local Guide
How much does it cost to rent a home in Churchill Downs?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Churchill Downs 2 Bedroom Homes for Rent | $1,136 | $750 | $1,350 |
| Churchill Downs 3 Bedroom Homes for Rent | $1,464 | $1,000 | $1,995 |
| Churchill Downs 4 Bedroom Homes for Rent | $1,879 | $1,350 | $2,800 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 11 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. Trifecta has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,131. 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 |
| 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 May 27, 2026 the best value apartment in the Churchill Downs area is the $0.48 price per square foot Julep Model at Derby Row | Student Housing in the in the Phoenix Hill neighborhood starting from $609. The second greatest value Churchill Downs apartment is the 1436 S 3rd St Model at 1436 S 3rd St, Unit #1 starting at $945 with a $0.99 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 | $0.48 |
| 1436 S 3rd St, Unit #1 | 1436 S 3rd St | 1BR,1BA | $0.99 |
| The Province (KY) | 2 Bed - 2 Bath | 2BR,2BA | $1.01 |
| 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 |
Frequently Asked Questions about Churchill Downs
What type of rentals are currently available in Churchill Downs?
There are currently 116 Apartments for Rent in Churchill Downs, KY with pricing that ranges from $629 to $4,197. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Churchill Downs ranging from $725 to $2,800.
What is the current price range for Rental Homes in Churchill Downs?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Churchill Downs ranges from $725 to $2,800 with an average monthly rent of $1,375.
How much are larger Three and Four Bedroom Rentals in Churchill Downs?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Churchill Downs range from $707 to $1,250, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $1,995. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $629.
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.
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The 10 Best Affordable Neighborhoods for Renting in Louisville, KY
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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.
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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
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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.
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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
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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.