1438 S 7th St
LouisvilleKY40208
Cheap Homes for Rent in Churchill Downs Neighborhood of Louisville, KY from $700 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Churchill Downs area of Louisville.
2919 S 6th St
LouisvilleKY40208
1464 S 9th St
LouisvilleKY40208
1464 S 9th St
LouisvilleKY40208
2813 S 5th St
LouisvilleKY40208
1312 Lillian Ave
LouisvilleKY40208
1115 Euclid Ave
LouisvilleKY40208
1029 Queen Ave
LouisvilleKY40215
Showing Results 1-8, Page 1 of 1
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 | $1,035 | $750 | $1,250 |
| Churchill Downs 3 Bedroom Homes for Rent | $1,470 | $990 | $3,200 |
| Churchill Downs 4 Bedroom Homes for Rent | $2,214 | $1,425 | $3,600 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Churchill Downs Neighborhood of Louisville, KY.
Explore Louisville
Churchill Downs, Louisville, KY Local Guide
- Nearby Louisville neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Churchill Downs Apartments for Rent
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cardinal Village Apartments | 1x1 Lower Level | 1BR,1BA | $910 |
| 1524 S 4th St | 3 Beds, 1.5 Baths | 3BR,1BA | $1,250 |
Best Value Apartments for Rent in Churchill Downs, KY
As of July 10, 2025 the best value apartment in the Churchill Downs area is the $1.14 price per square foot 3 Beds, 1.5 Baths Model at 1524 S 4th St in the in the Phoenix Hill neighborhood starting from $1,250. The second greatest value Churchill Downs apartment is the Thoroughbred Model at Derby Row | Student Housing starting at $799 with a $0.98 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. |
|---|---|---|---|
| 1524 S 4th St | 3 Beds, 1.5 Baths | 3BR,1.5BA | $1.14 |
| Derby Row | Student Housing | Thoroughbred | 2BR,2BA | $0.98 |
| Cardinal Village Apartments | 1x1 with Balcony | 1BR,1BA | $1.67 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Churchill Downs area?
If you’re an expert on all things Churchill Downs, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Frequently Asked Questions about Churchill Downs
What type of rentals are currently available in Churchill Downs?
There are currently 121 Apartments for Rent in Churchill Downs, KY with pricing that ranges from $675 to $2,025. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Churchill Downs ranging from $750 to $3,600.
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 $750 to $3,600 with an average monthly rent of $1,472.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.